Common use of Substitution and Addition Clause in Contracts

Substitution and Addition. (a) Subject to the satisfaction of the requirements set forth in Section 9.01(b) hereof, the Seller 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 9 referred to as a "Predecessor Lease") and the Equipment subject thereto if:

Appears in 4 contracts

Samples: Sales and Servicing Agreement (Copelco Capital Funding Corp X), Sales and Servicing Agreement (Copelco Capital Funding Corp X), Sales and Servicing Agreement (Copelco Capital Funding Corp X)

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Substitution and Addition. (a) Subject to the satisfaction of the requirements set forth in Section 9.01(b5.01(b) hereof, the Seller 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 9 Article V referred to as a "Predecessor Lease") and the Equipment subject thereto if:

Appears in 1 contract

Samples: Contribution and Sale Agreement (Charter Equipment Lease 1998-1 LLC)

Substitution and Addition. (a) Subject to the satisfaction of the requirements set forth in Section 9.01(b5.01(c) hereof, the Seller 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 9 Article V referred to as a "Predecessor Lease") and the Equipment subject thereto if:

Appears in 1 contract

Samples: Contribution and Sale Agreement (Charter Equipment Lease 1998-1 LLC)

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Substitution and Addition. (a) Subject to the satisfaction of the requirements set forth in Section 9.01(b9.1(b) hereof, the Seller Vendor Services will have the right (but not the obligation) at any time to substitute one or more Eligible Substitute Leases and the Equipment subject thereto (each, a "Substitute Lease") for a Lease (for purposes of this Section 9 9, such Lease referred to as a "Predecessor Lease") and the Equipment subject thereto if:

Appears in 1 contract

Samples: Contribution and Servicing Agreement (Green Tree Lease Finance Ii Inc)

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