Substitution and Addition. (a) Subject to the satisfaction of the requirements set forth in Section 9.01(b) hereof, the Transferor 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: Assignment and Servicing Agreement (Copelco Capital Receivables LLC), Assignment and Servicing Agreement (Copelco Capital Funding LLC 99-1), Assignment and Servicing Agreement (Copelco Capital Funding LLC 2000-A)
Substitution and Addition. (a) Subject to the satisfaction of the requirements set forth in Section 9.01(b8.01(c) hereof, the Transferor 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 8 referred to as a "Predecessor Lease") and the Equipment subject thereto if:
Appears in 2 contracts
Samples: Servicing Agreement (Charter Equipment Lease 1998-1 LLC), Servicing Agreement (Charter Equipment Lease 1998-1 LLC)
