Consent to Amendments. The Owner Trustee on behalf of the Issuer will not execute, or consent to, an amendment to the Sale and Servicing Agreement, the Indenture or the Administration Agreement that would materially adversely affect the holder of the Residual Interest without its consent.
Appears in 51 contracts
Samples: Trust Agreement (Ford Credit Auto Owner Trust 2024-D), Trust Agreement (Ford Credit Auto Receivables Two LLC), Trust Agreement (Ford Credit Auto Owner Trust 2024-C)
Consent to Amendments. The Owner Trustee on behalf of the Issuer will not execute, or consent to, an amendment to the Sale Credit and Security Agreement, the Exchange Note Supplement, the Servicing Agreement, the Servicing Supplement, the Indenture or the Administration Agreement that would materially adversely affect the holder of the Residual Interest without its consent.
Appears in 36 contracts
Samples: Trust Agreement (Ford Credit Auto Lease Trust 2024-B), Trust Agreement (Ford Credit Auto Lease Trust 2024-B), Trust Agreement (Ford Credit Auto Lease Trust 2024-A)
Consent to Amendments. The Owner Trustee on behalf of the Issuer will not execute, or consent to, execute an amendment to the Sale and Servicing Agreement, the Indenture or the Administration Agreement that would materially adversely affect the holder of the Residual Interest without its consent.
Appears in 7 contracts
Samples: Trust Agreement (Ford Credit Auto Owner Trust 2016-A), Trust Agreement (Ford Credit Auto Owner Trust 2016-A), Trust Agreement (Ford Credit Auto Receivables Two LLC)
