Engagement of Administrator. The Issuer and the Owner Trustee engage the Administrator to perform the obligations of the Issuer and the Owner Trustee under the Transaction Documents as described in this Agreement, and the Administrator accepts the engagement.
Appears in 111 contracts
Samples: Administration Agreement (Ford Credit Auto Owner Trust 2024-C), Administration Agreement (Ford Credit Auto Owner Trust 2024-C), Administration Agreement (Ford Credit Auto Receivables Two LLC)
Engagement of Administrator. The Issuer Trust and the Owner Trustee engage the Administrator to perform the obligations of the Issuer Trust and the Owner Trustee under the Transaction Documents and the other Series Related Documents as described in this Agreement, and the Administrator accepts the engagement.
Appears in 3 contracts
Samples: Administration Agreement (Verizon Master Trust), Administration Agreement (Verizon Master Trust), Administration Agreement (Verizon Master Trust)
