Common use of Appointment to Act as Borrower’s Agent Clause in Contracts

Appointment to Act as Borrower’s Agent. The Borrower appoints the Servicer (but only for so long as the Servicer and the Lender are the same entity, in the case of clause (a) below) as its agent for the following purposes: (a) selecting the amount of each Advance, (b) arranging for payment by the Borrower of the Secured Obligations, (c) causing the repayment of the Advances as required or permitted pursuant to Section 2.4 and (d) at the direction of the Borrower, executing and delivering on behalf of the Borrower all notices, requests, demands or similar items required or permitted to be provided under this Agreement. The Borrower irrevocably agrees that (i) the Borrower will be bound by all actions of the Servicer taken pursuant to this Section 11.1, (ii) the Lender, the Collateral Agent and the Administrative Agent are authorized to accept any payment, notice, request, demand or similar item required or permitted under this Agreement from the Servicer on behalf of the Borrower and (iii) the execution and delivery by the Servicer to the Lender, the Collateral Agent or the Administrative Agent of any notice, request, demand or similar item or the taking by the Servicer of any other action described in this Section 11.1 will be conclusive evidence, as among the Borrower, the Lender, the Collateral Agent and the Administrative Agent, of the Servicer’s authority to execute and deliver such notice, request, demand or similar item or take such other action on behalf of the Borrower under this Agreement.

Appointment to Act as Borrower’s Agent. The Borrower appoints Borrowers appoint the Servicer (but only for so long as Ford Credit is the Servicer and the Lender are the same entityServicer, in the case of clause (ai) below) as its their agent for the following purposes: (ai) selecting the amount of each Advance, (bii) arranging for payment by the Borrower Borrowers of the Secured Obligations, (ciii) causing the repayment and prepayment of the Advances as required or permitted pursuant to Section 2.4 2.04 and (div) at the direction of the BorrowerBorrowers, executing and delivering on behalf of the Borrower Borrowers and delivering to the Lender, all notices, requests, demands or similar items required or permitted to be provided under this Agreement. The Borrower Borrowers irrevocably agrees agree that (i) the Borrower Borrowers will be bound by all actions of the Servicer taken pursuant to this Section 11.12.02, (ii) the Lender, the Collateral Agent and the Administrative Agent are authorized to accept any payment, notice, request, demand or similar item required or permitted under this Agreement from the Servicer on behalf of the Borrower Borrowers and (iii) the execution and delivery by the Servicer to the Lender, the Collateral Agent or the Administrative Agent of any notice, request, demand or similar item or the taking by the Servicer of any other action described in this Section 11.1 2.02 will be conclusive evidence, as among the BorrowerBorrowers, the Lender, the Collateral Agent and the Administrative Agent, of the Servicer’s authority to execute and deliver such notice, request, demand or similar item or take such other action on behalf of the Borrower Borrowers under this Agreement.

Appointment to Act as Borrower’s Agent. The Borrower appoints the Servicer (but only for so long as DCFS USA is the Servicer and the Lender are the same entityServicer, in the case of clause (ai) below) as its agent for the following purposes: (ai) selecting the amount of each Advance, (bii) arranging for payment by the Borrower of the Secured Obligations, (ciii) causing the repayment and prepayment of the Advances as required or permitted pursuant to Section 2.4 2.04 and (div) at the direction of the Borrower, executing and delivering on behalf of the Borrower and delivering to the Lender all notices, requests, demands or similar items required or permitted to be provided under this Agreement. The Borrower irrevocably agrees that (i) the Borrower will be bound by all actions of the Servicer taken pursuant to this Section 11.1Section, (ii) the Lender, the Collateral Agent and the Administrative Agent are authorized to accept any payment, notice, request, demand or similar item required or permitted under this Agreement from the Servicer on behalf of the Borrower and (iii) the execution and delivery by the Servicer to the Lender, the Collateral Agent or the Administrative Agent of any notice, request, demand or similar item or the taking by the Servicer of any other action described in this Section 11.1 will be conclusive evidence, as among the Borrower, the Lender, the Collateral Agent and the Administrative Agent, of the Servicer’s authority to execute and deliver such notice, request, demand or similar item or take such other action on behalf of the Borrower under this Agreement.