Common use of Consulting and Monitoring Clause in Contracts

Consulting and Monitoring. The Administrator will consult with the Owner Trustee about performing the Issuer’s obligations under the Transaction Documents. The Administrator will monitor the Issuer’s performance and will advise the Owner Trustee when action is necessary to perform the Issuer’s obligations under the Transaction Documents and to comply with the Transaction Documents.

Appears in 76 contracts

Samples: Omnibus Amendment (Verizon Owner Trust 2020-C), Omnibus Amendment (Verizon Owner Trust 2020-A), Transfer and Servicing Agreement (Verizon Owner Trust 2020-B)

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Consulting and Monitoring. The Administrator will consult with the Owner Trustee about performing the Issuer’s 's obligations under the Transaction Documents. The Administrator will monitor the Issuer’s 's performance and will advise the Owner Trustee when action is necessary to perform the Issuer’s 's obligations under the Transaction Documents and to comply with the Transaction Documents.

Appears in 30 contracts

Samples: Administration Agreement (Ford Credit Auto Receivables Two LLC), Administration Agreement (Ford Credit Auto Owner Trust 2024-C), Administration Agreement (Ford Credit Auto Owner Trust 2024-C)

Consulting and Monitoring. The Administrator will consult with the Owner Trustee about performing the Issuer’s obligations under the Transaction Documents. The Administrator will monitor the Issuer’s performance of the Issuer and will advise the Owner Trustee when action is necessary to perform the Issuer’s obligations under the Transaction Documents and to comply with the Transaction Documents.

Appears in 5 contracts

Samples: Administration Agreement (Ford Credit Auto Receivables Two LLC), Administration Agreement (Ford Credit Auto Receivables Two LLC), Administration Agreement (Ford Credit Auto Receivables Two LLC)

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Consulting and Monitoring. The Administrator will consult with the Owner Trustee about performing the IssuerTrust’s obligations under the Transaction Documents and other Series Related Documents. The Administrator will monitor the IssuerTrust’s performance and will advise the Owner Trustee when action is necessary to perform the IssuerTrust’s obligations under the Transaction Documents and the other Series Related Documents to comply with the Transaction Documents and the other Series Related Documents.

Appears in 3 contracts

Samples: Administration Agreement (Verizon Master Trust), Administration Agreement (Verizon Master Trust), Administration Agreement (Verizon Master Trust)

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