Substitution and Addition. (a) Subject to the satisfaction of the requirements set forth in Section 11.01(b) hereof, the Originator will have the right (but not the obligation) at any time to substitute one or more Eligible Leases and the Equipment subject thereto (each, a "Substitute Lease") for a Lease (for purposes of this Section 11 referred to as a "Predecessor Lease") and the Equipment subject thereto if:
Appears in 11 contracts
Samples: Assignment and Servicing Agreement (Ikon Receivables LLC), Assignment and Servicing Agreement (Ikon Receivables Funding LLC), Sales and Servicing Agreement (Copelco Capital Funding Corp Xi)
