Common use of Acceptance by Indenture Trustee Clause in Contracts

Acceptance by Indenture Trustee. The Indenture Trustee hereby acknowledges the grant of a Lien on the Collateral and the receipt of a Lien on the assets constituting the Collateral granted by the Issuer hereunder and declares that the Indenture Trustee, through a custodian, will hold such Lien on the Collateral granted by the Issuer in trust, for the use and benefit of all Noteholders subject to the terms and provisions hereof.

Appears in 31 contracts

Samples: Indenture (GE TF Trust), Indenture (GE TF Trust), Indenture (GE TF Trust)

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Acceptance by Indenture Trustee. The Indenture Trustee hereby acknowledges the grant conveyance of a Lien on the Collateral Granted Assets and the receipt of a Lien on the assets constituting Leases and the Collateral other Granted Assets granted by the Issuer hereunder and declares that the Indenture Trustee, through a custodian, will hold such Lien on the Collateral granted Leases and other Granted Assets conveyed by the Issuer in trust, for the use and benefit of all Noteholders subject to the terms and provisions hereof.

Appears in 3 contracts

Samples: Indenture (Provident Lease Receivables Corp), Indenture (Provident Lease Receivables Corp), Indenture (Provident Lease Receivables Corp)

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Acceptance by Indenture Trustee. The Indenture Trustee hereby acknowledges the grant of a Lien on the Collateral and the receipt of a Lien on the assets constituting the Collateral granted by the Issuer hereunder and declares that the Indenture Trustee, through a custodian, will hold such Lien on the Collateral granted by the Issuer in trust, for the use and benefit of all Noteholders subject to the terms and provisions hereof.

Appears in 1 contract

Samples: Master Indenture (CDF Funding, Inc.)

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