Common use of Direction to Indenture Trustee for Distributions Clause in Contracts

Direction to Indenture Trustee for Distributions. At least two Business Days before a Payment Date, the Servicer will direct the Indenture Trustee (based on the most recent Monthly Investor Report) to make the withdrawals, deposits, distributions and payments required to be made on the Payment Date under Section 8.2 of the Indenture and Section 4.3(c) of this Agreement.

Appears in 46 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2024-B), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2024-B), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2024-A)

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Direction to Indenture Trustee for Distributions. At least two Business Days before a Payment Date, the Servicer will direct the Indenture Trustee (based on the most recent Monthly Investor Report) to make the withdrawals, deposits, distributions and payments required to be made on the Payment Date under Section 5.1 of the Exchange Note Supplement, Section 8.2 of the Indenture and Section 4.3(c) of this Agreement.

Appears in 30 contracts

Samples: Servicing Agreement (CAB East LLC), Servicing Agreement (Ford Credit Auto Lease Trust 2024-A), Servicing Agreement (Ford Credit Auto Lease Trust 2024-A)

Direction to Indenture Trustee for Distributions. At On or about the 15th day of each month, and in no case later than at least two (2) Business Days before a each Payment Date, the Servicer will direct the Indenture Trustee or Note Paying Agent (based on the most recent Monthly Investor Report) to make the withdrawals, deposits, distributions and payments required to be made on the Payment Date under Section 8.2 of the Indenture and Section 4.3(c) of this Agreement.

Appears in 21 contracts

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

Direction to Indenture Trustee for Distributions. At least On or before two Business Days before a Payment Date, the Servicer will direct the Indenture Trustee (based on the most recent Monthly Investor Report) to make the withdrawals, deposits, distributions and payments required to be made on the Payment Date under Section 8.2 of the Indenture and Section 4.3(c) of this AgreementIndenture.

Appears in 5 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC), Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC), Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC)

Direction to Indenture Trustee for Distributions. At least On or before two Business Days before a Payment Date, the Servicer will direct the Indenture Trustee (based on the most recent Monthly Investor Report) to make the withdrawals, deposits, distributions and payments required to be made on the Payment Date under Section 8.2 of the Indenture and Section 4.3(c) of this Agreement.

Appears in 4 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2016-B), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2016-B), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2016-A)

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Direction to Indenture Trustee for Distributions. At On or about the [15th] day of each month, and in no case later than at least [two (2)] Business Days before a each Payment Date, the Servicer will direct the Indenture Trustee or Note Paying Agent (based on the most recent Monthly Investor Report) to make the withdrawals, deposits, distributions and payments required to be made on the Payment Date under Section 8.2 of the Indenture and Section 4.3(c) of this Agreement.

Appears in 3 contracts

Samples: Transfer and Servicing Agreement (Verizon ABS LLC), Transfer and Servicing Agreement (Verizon ABS LLC), Transfer and Servicing Agreement (Verizon ABS LLC)

Direction to Indenture Trustee for Distributions. At least On or before two Business Days before a Payment Date, the Servicer will direct the Indenture Trustee (based on the most recent Monthly Investor Report) to make the withdrawals, deposits, distributions and payments required to be made on the Payment Date under Section 5.1 of the Exchange Note Supplement and Section 8.2 of the Indenture and Section 4.3(c) of this Agreement.

Appears in 3 contracts

Samples: Servicing Agreement (Ford Credit Auto Lease Two LLC), Servicing Agreement (Ford Credit Auto Lease Two LLC), Servicing Agreement (CAB East LLC)

Direction to Indenture Trustee for Distributions. At least On or before two Business Days before a Payment Date, the Servicer will direct the Indenture Trustee (based on the most recent Monthly Investor Report) to make the withdrawals, deposits, distributions and payments required to be made on the Payment Date under Section 5.1 of the Exchange Note Supplement and Section 8.2 of the Indenture and Section 4.3(c) of this AgreementIndenture.

Appears in 1 contract

Samples: Servicing Agreement (CAB East LLC)

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