Common use of Secured Notes in Force Clause in Contracts

Secured Notes in Force. No Secured Note has been satisfied, subordinated or rescinded, and the related Lease Assets securing each such Secured Note have not been released from the Lien of the ACOLT Indenture in whole or in part.

Appears in 11 contracts

Samples: Pooling Agreement (Ally Auto Assets LLC), Pooling Agreement (Ally Auto Assets LLC), Pooling Agreement (Ally Auto Assets LLC)

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Secured Notes in Force. No Secured Note has been satisfied, subordinated or rescinded, and the related Lease Assets securing each such Secured Note have not been released from the Lien of the ACOLT ABLT Indenture in whole or in part.

Appears in 1 contract

Samples: Pooling Agreement (Ally Auto Assets LLC)

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Secured Notes in Force. No Secured Note has been satisfied, subordinated or rescinded, and the related Lease Assets securing each such Secured Note have not been released from the Lien of the ACOLT AFLT Indenture in whole or in part.

Appears in 1 contract

Samples: Pooling and Administration Agreement (Capital Auto Receivables LLC)

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