Servicer to Act as Custodian. (a) The Servicer shall hold and acknowledges that it is holding the Leases and all other Granted Assets that it may from time to time receive hereunder as custodian for the Trustee.
Appears in 11 contracts
Samples: Sales and Servicing Agreement (Copelco Capital Funding Corp X), Assignment and Servicing Agreement (Copelco Capital Funding LLC 99-B), Assignment and Servicing Agreement (Copelco Capital Funding LLC 2000-A)
Servicer to Act as Custodian. (a) The Servicer shall hold and acknowledges that it is holding the Leases and all other Granted Assets assets in the Asset Pool that it may from time to time receive hereunder as custodian for the Trustee, excluding any amounts distributed to the Servicer by the Trustee in accordance with Section 3.03(b) of the Indenture.
Appears in 5 contracts
Samples: Assignment and Servicing Agreement (Ikon Receivables LLC), Assignment and Servicing Agreement (Ikon Receivables LLC), Assignment and Servicing Agreement (Ikon Receivables LLC)
