Common use of Cancellation of Notes Held by the Issuer 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 Holder may, by notice from that 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 Holder may, subject to any provision of a related Indenture Supplement limiting the repayment of such Notes, by notice from that 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 Holder Noteholder may, subject to any provision of a related Indenture Supplement limiting the repayment of such Notes, by notice from that Holder Noteholder to the Indenture Trustee, cause the Notes to be repaid and canceled, whereupon the Notes will no longer be Outstanding.