Deemed Release. The Indenture Trustee will be deemed to release, and does release, and each Noteholder or Note Owner, by its acceptance of a Note or an interest or participation in a Note, acknowledges that the Indenture Trustee will release Liens and other rights and interests it possesses, without further action of the parties, in, to and under:
Appears in 64 contracts
Samples: Indenture (Ford Credit Auto Owner Trust 2023-A), Indenture (Ford Credit Auto Owner Trust 2023-A), Indenture (Ford Credit Auto Lease Trust 2023-A)
Deemed Release. The Indenture Trustee will be deemed to release, and does release, and each Noteholder or Note Owner, Owner by its acceptance of a Note or an interest or participation in a Note, Note acknowledges that the Indenture Trustee will release Liens and other rights and interests it possesses, without further action of the parties, in, to and under:
Appears in 36 contracts
Samples: Transfer and Servicing Agreement (Verizon Owner Trust 2020-B), Transfer and Servicing Agreement (Verizon Owner Trust 2020-C), Transfer and Servicing Agreement (Verizon Owner Trust 2020-A)
Deemed Release. The Indenture Trustee will be deemed to release, and does release, and each Noteholder or Note Owner, by its acceptance of a Note or an a beneficial interest or participation in a Note, acknowledges that the Indenture Trustee will release Liens and other rights and interests it possesses, without further action of the parties, in, to and under:
Appears in 15 contracts
Samples: Indenture (Ford Credit Auto Receivables Two LLC), Indenture (Ford Credit Auto Lease Trust 2024-B), Indenture (Ford Credit Auto Lease Trust 2024-B)
Deemed Release. The To facilitate the Servicer’s servicing of the Receivables under the Sale and Servicing Agreement, the Indenture Trustee will be deemed to release, and does release, and each Noteholder or Note Owner, Owner by its acceptance of a Note or an interest or participation in a Note, Note acknowledges that the Indenture Trustee will release Liens and other rights and interests it possesses, without further action of the parties, in, to and under:
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