Common use of Preferential Collection of Claims Against COLT Clause in Contracts

Preferential Collection of Claims Against COLT. The COLT Indenture Trustee shall comply with TIA Section 311(a), excluding any creditor relationship listed in TIA Section 311(b). A trustee who has resigned or been removed shall be subject to TIA Section 311(a) to the extent indicated therein.

Appears in 3 contracts

Samples: Indenture (Central Originating Lease Trust), Indenture (Capital Auto Receivables Asset Trust 2005-Sn1), Indenture (Capital Auto Receivables Asset Trust 2007-Sn1)

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Preferential Collection of Claims Against COLT. The COLT Indenture Trustee shall comply with TIA Section 311(a), excluding any creditor relationship listed in TIA Section 311(b). A trustee who has resigned or been removed shall be subject to TIA Section 311(a) to the extent indicated thereinindicated.

Appears in 1 contract

Samples: Indenture (Central Originating Lease Trust)

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