Common use of Trustee as Lienholder Clause in Contracts

Trustee as Lienholder. Concurrently with each leasing of a Group III Vehicle under this Agreement, the Servicer shall indicate on its computer records that the Trustee as assignee of the Lessor is the holder of a Lien on such Group III Vehicle pursuant to the terms of the Base Indenture.

Trustee as Lienholder. Concurrently with each leasing of a Group III II Vehicle under this Agreement, the Servicer shall indicate on its computer records that the Trustee as assignee of the Lessor is the holder of a Lien on such Group III II Vehicle pursuant to the terms of the Base Indenture.

Trustee as Lienholder. Concurrently with each leasing of a Group III IV Vehicle under this Agreement, the Servicer shall indicate on its computer records that the Trustee as assignee of the Lessor is the holder of a Lien on such Group III IV Vehicle pursuant to the terms of the Base Indenture.