Common use of Release of Pledged Property Clause in Contracts

Release of Pledged Property. The Indenture Trustee shall, on or after the Termination Date, release and cause the Trust Collateral Agent to release any remaining portion of the Pledged Property from the lien created by this Indenture and deposit in the Collection Account any funds then on deposit in any of the other Accounts. The Indenture Trustee shall release property from the lien created by this Indenture pursuant to this Section 2.11 only upon receipt of an Issuer Request and (if required by the TIA) Independent Certificates in accordance with TIA ▇▇.▇▇. 314(c) and 314(d)(1) meeting the applicable requirements of Section 11.1.