Retirement of Notes. IOS Capital shall instruct the Indenture Trustee in writing, upon a retirement or other payment of all of the Notes, to surrender the Policy to the Insurer for cancellation.
Appears in 6 contracts
Samples: Insurance and Indemnity Agreement (Ikon Receivables LLC), Insurance and Indemnity Agreement (Ikon Receivables LLC), Insurance and Indemnity Agreement (Ikon Receivables LLC)
Retirement of Notes. IOS Capital shall instruct the Indenture Trustee in writing, upon a retirement or other payment of all of the Notes, to surrender the Note Policy to the Insurer for cancellationcancellation and shall instruct the Counterparty, upon the termination or cancellation of the Swap Documents, to surrender the Swap Policy to the Insurer.
Appears in 1 contract
Samples: Insurance and Indemnity Agreement (Ikon Receivables Funding LLC)
