Common use of Cancellation of Notes Held by the Issuer, the Depositor or the Receivables Seller Clause in Contracts

Cancellation of Notes Held by the Issuer, the Depositor or the Receivables Seller. If the Issuer, the Receivables Seller, the Depositor or any of their respective Affiliates holds any Notes, that Noteholder may, subject to any provision of a related Indenture Supplement limiting the repayment of such Notes by notice from that Noteholder to the Indenture Trustee, cause the Notes to be repaid and canceled, whereupon the Notes will no longer be Outstanding.

Cancellation of Notes Held by the Issuer, the Depositor or the Receivables Seller. If the Issuer, the Receivables Seller, the Depositor or any of their respective Affiliates holds any Notes, that Noteholder Holder may, subject to any provision of a related Indenture Supplement limiting the repayment of such Notes Notes, by notice from that Noteholder Holder to the Indenture Trustee, cause the Notes to be repaid and canceled, whereupon the Notes will no longer be Outstanding.

Cancellation of Notes Held by the Issuer, the Depositor or the Receivables Seller. If the Issuer, the Receivables Seller, the Depositor or any of their respective Affiliates holds any Notes, that Noteholder may, subject to any provision of a related Indenture Supplement limiting the repayment of such Notes Notes, by notice from that Noteholder to the Indenture Trustee, cause the Notes to be repaid and canceled, whereupon the Notes will no longer be Outstanding.

Cancellation of Notes Held by the Issuer, the Depositor or the Receivables Seller. If the Issuer, the Receivables Seller, the Depositor or any of their respective Affiliates holds any Notes, that Noteholder may, subject to any provision of a related Indenture Supplement limiting the repayment of such Notes by notice from that Noteholder to the Indenture Trustee, cause the Notes to be repaid and canceled, whereupon the Notes will no longer be Outstanding.. 105

Cancellation of Notes Held by the Issuer, the Depositor or the Receivables Seller. If the Issuer, the Receivables Seller, the Depositor or any of their respective Affiliates holds any Notes, that Noteholder Holder may, subject to any provision of a related Indenture Supplement limiting the repayment of such Notes by notice from that Noteholder Holder to the Indenture Trustee, cause the Notes to be repaid and canceled, whereupon the Notes will no longer be Outstanding.