Common use of Repayment of Monies Held by Paying Agent Clause in Contracts

Repayment of Monies Held by Paying Agent. In connection with the satisfaction and discharge of this COLT Indenture, all monies then held by any Paying Agent other than the COLT Indenture Trustee under the provisions of this COLT Indenture with respect to all such COLT 200 - Secured Notes shall, upon demand of COLT, be paid to the COLT Indenture Trustee to be held and applied according to Section 3.3 and thereupon such Paying Agent shall be released from all further liability with respect to such monies.

Repayment of Monies Held by Paying Agent. In connection with the satisfaction and discharge of this COLT IndentureIndenture with respect to the COLT 200_-_ Secured Notes, all monies then held by any Paying Agent other than the COLT Indenture Trustee under the provisions of this COLT Indenture with respect to all such COLT 200 - 200_-_ Secured Notes shall, upon demand of COLT, be paid to the COLT Indenture Trustee to be held and applied according to Section 3.3 and thereupon such Paying Agent shall be released from all further liability with respect to such monies.

Repayment of Monies Held by Paying Agent. In connection with the satisfaction and discharge of this COLT IndentureIndenture with respect to the COLT 2007-SN1 Secured Notes, all monies then held by any Paying Agent other than the COLT Indenture Trustee under the provisions of this COLT Indenture with respect to all such COLT 200 - 2007-SN1 Secured Notes shall, upon demand of COLT, be paid to the COLT Indenture Trustee to be held and applied according to Section 3.3 and thereupon such Paying Agent shall be released from all further liability with respect to such monies.

Repayment of Monies Held by Paying Agent. In connection with the satisfaction and discharge of this COLT IndentureIndenture with respect to the COLT 2005-SN1 Secured Notes, all monies then held by any Paying Agent other than the COLT Indenture Trustee under the provisions of this COLT Indenture with respect to all such COLT 200 - 2005-SN1 Secured Notes shall, upon demand of COLT, be paid to the COLT Indenture Trustee to be held and applied according to Section 3.3 and thereupon such Paying Agent shall be released from all further liability with respect to such monies.