Common use of Eligibility Clause in Contracts

Eligibility. The Indenture Trustee satisfies the requirements of Section 310(a) of the TIA and is a Qualified Institution. The Indenture Trustee or its parent has a combined capital and surplus of at least $50,000,000 as stated in its most recent annual published report of condition.

Appears in 134 contracts

Samples: Indenture (Verizon Master Trust), Indenture (Verizon Master Trust), Indenture (Verizon Master Trust)

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Eligibility. The Indenture Trustee satisfies the requirements of Section 310(a) of the TIA and is a Qualified Institution. The Indenture Trustee or its parent has a combined capital and surplus of at least $50,000,000 as stated set forth in its most recent annual published report of condition.

Appears in 55 contracts

Samples: Indenture (Ford Credit Floorplan LLC), Indenture (Ford Credit Auto Lease Trust 2015-B), Indenture (Ford Credit Auto Lease Trust 2015-B)

Eligibility. The Indenture Trustee satisfies the requirements of Section 310(a) of the TIA and is a Qualified InstitutionTIA. The Indenture Trustee or its parent has a combined capital and surplus of at least $50,000,000 as stated in its most recent annual published report of condition.

Appears in 29 contracts

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

Eligibility. The Indenture Trustee satisfies the requirements of Section 310(a) of the TIA and is a Qualified InstitutionTIA. The Indenture Trustee or its parent has a combined capital and surplus of at least $50,000,000 as stated set forth in its most recent annual published report of condition.

Appears in 7 contracts

Samples: Indenture (Ford Credit Auto Owner Trust 2006-A), Indenture (Ford Credit Auto Owner Trust 2007-B), Indenture (Ford Credit Auto Owner Trust 2006-C)

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Eligibility. The Indenture Trustee satisfies the requirements of Section 310(a) of the TIA and TIAand is a Qualified Institution. The Indenture Trustee or its parent has a combined capital and surplus of at least $50,000,000 as stated set forth in its most recent annual published report of condition.

Appears in 1 contract

Samples: Indenture (Ford Credit Auto Owner Trust 2008-A)

Eligibility. The Indenture Trustee satisfies the requirements of Section 310(a) of the TIA [and is a Qualified Institution]. The Indenture Trustee or its parent has a combined capital and surplus of at least $50,000,000 as stated in its most recent annual published report of condition.

Appears in 1 contract

Samples: Indenture (CAB East LLC)

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