ERISA Certification. The transferee of the Residual Interest delivers to the Indenture Trustee and the Owner Trustee a certification that it is not, and is not acting on behalf of or investing the assets of (i) an “employee benefit plan” (as defined in Section 3(3) of ERISA) that is subject to Title I of ERISA, (ii) a “plan” (as defined in Section 4975(e)(1) of the Code) that is subject to Section 4975 of the Code, (iii) an entity whose underlying assets include “plan assets” (within the meaning of Department of Labor Regulation 29 C.F.R. Section 2510.3-101 or otherwise under ERISA) by reason of the employee benefit plan’s or plan’s investment in the entity, or (iv) an employee benefit plan, plan or retirement arrangement that is subject to Similar Law; and
Appears in 39 contracts
Samples: Trust Agreement (Ford Credit Auto Owner Trust 2022-A), Trust Agreement (Ford Credit Auto Owner Trust 2022-A), Trust Agreement (Ford Credit Auto Receivables Two LLC)
ERISA Certification. The transferee of the Residual Interest delivers to the Indenture Trustee and the Owner Trustee a certification that it is not, and is not acting on behalf of or investing the assets of (i) an “employee benefit plan” (as defined in Section 3(3) of ERISA) that is subject to Title I of ERISA, (ii) a “plan” (as defined in Section 4975(e)(1) of the Code) that is subject to Section 4975 of the Code, (iii) an entity whose underlying assets include “plan assets” (within the meaning of Department of Labor Regulation 29 C.F.R. Section 2510.3-101 or otherwise under ERISA) by reason of the employee benefit plan’s or plan’s investment in the entity, entity or (iv) an employee benefit plan, plan or retirement arrangement that is subject to Similar Law; and;
Appears in 25 contracts
Samples: Trust Agreement (Ford Credit Auto Lease Trust 2021-B), Trust Agreement (Ford Credit Auto Lease Trust 2021-B), Trust Agreement (Ford Credit Auto Lease Trust 2021-A)
ERISA Certification. The transferee of the Residual Interest delivers to the Indenture Trustee and the Owner Trustee a certification that it is not, and is not acting on behalf of or investing the assets of (i) an “"employee benefit plan” " (as defined in Section 3(3) of ERISA) that is subject to Title I of ERISA, (ii) a “"plan” " (as defined in Section 4975(e)(1) of the Code) that is subject to Section 4975 of the Code, (iii) an entity whose underlying assets include “"plan assets” " (within the meaning of Department of Labor Regulation 29 C.F.R. Section 2510.3-101 or otherwise under 101, as modified by Section 3(42) of ERISA) by reason of the an employee benefit plan’s 's or plan’s 's investment in the entity, or (iv) an employee benefit plan, plan or retirement arrangement that is subject to Similar Law; and
Appears in 10 contracts
Samples: Trust Agreement (Ford Credit Auto Owner Trust 2024-D), Trust Agreement (Ford Credit Auto Receivables Two LLC), Trust Agreement (Ford Credit Auto Owner Trust 2024-C)
ERISA Certification. The transferee of the Residual Interest delivers to the Indenture Trustee and the Owner Trustee a certification that it is not, and is not acting on behalf of or investing the assets of (i) an “"employee benefit plan” " (as defined in Section 3(3) of ERISA) that is subject to Title I of ERISA, (ii) a “"plan” " (as defined in Section 4975(e)(1) of the Code) that is subject to Section 4975 of the Code, (iii) an entity whose underlying assets include “"plan assets” " (within the meaning of Department of Labor Regulation 29 C.F.R. Section 2510.3-101 or otherwise under ERISA) by reason of the employee benefit plan’s 's or plan’s 's investment in the entity, or (iv) an employee benefit plan, plan or retirement arrangement that is subject to Similar Law; and
Appears in 5 contracts
Samples: Trust Agreement (Ford Credit Auto Owner Trust 2022-D), Trust Agreement (Ford Credit Auto Owner Trust 2022-D), Trust Agreement (Ford Credit Auto Owner Trust 2022-C)
ERISA Certification. The transferee of the Residual Interest delivers to the Indenture Trustee and the Owner Trustee a certification that it is not, and is not acting on behalf of or investing the assets of (i) an “"employee benefit plan” " (as defined in Section 3(3) of ERISA) that is subject to Title I of ERISA, (ii) a “"plan” " (as defined in Section 4975(e)(1) of the Code) that is subject to Section 4975 of the Code, (iii) an entity whose underlying assets include “"plan assets” " (within the meaning of Department of Labor Regulation 29 C.F.R. Section 2510.3-101 or otherwise under 101, as modified by Section 3(42) of ERISA) by reason of the employee benefit plan’s 's or plan’s 's investment in the entity, entity or (iv) an employee benefit plan, plan or retirement arrangement that is subject to Similar Law; and;
Appears in 4 contracts
Samples: Trust Agreement (Ford Credit Auto Lease Trust 2023-B), Trust Agreement (Ford Credit Auto Lease Trust 2023-B), Trust Agreement (Ford Credit Auto Lease Trust 2023-A)
ERISA Certification. The transferee of the Residual Interest delivers to the Indenture Trustee and the Owner Trustee a certification that it is not, and is not acting on behalf of or investing the assets of (i) an “"employee benefit plan” " (as defined in Section 3(3) of ERISA) that is subject to Title I of ERISA, (ii) a “"plan” " (as defined in Section 4975(e)(1) of the Code) that is subject to Section 4975 of the Code, (iii) an entity whose underlying assets include “"plan assets” " (within the meaning of Department of Labor Regulation 29 C.F.R. Section 2510.3-101 or otherwise under 101, as modified by Section 3(42) of ERISA) by reason of the an employee benefit plan’s 's or plan’s 's investment in the entity, entity or (iv) an employee benefit plan, plan or retirement arrangement that is subject to Similar Law; and;
Appears in 4 contracts
Samples: Trust Agreement (Ford Credit Auto Lease Trust 2024-B), Trust Agreement (Ford Credit Auto Lease Trust 2024-B), Trust Agreement (Ford Credit Auto Lease Trust 2024-A)
ERISA Certification. The transferee of the Residual Interest delivers to the Indenture Trustee and the Owner Trustee a certification that it is not, and is not acting on behalf of or investing the assets of (i) an “"employee benefit plan” " (as defined in Section 3(3) of ERISA) that is subject to Title I of ERISA, (ii) a “"plan” " (as defined in Section 4975(e)(1) of the Code) that is subject to Section 4975 of the Code, (iii) an entity whose underlying assets include “"plan assets” " (within the meaning of Department of Labor Regulation 29 C.F.R. Section 2510.3-101 or otherwise under 101, as modified by Section 3(42) of ERISA) by reason of the employee benefit plan’s 's or plan’s 's investment in the entity, or (iv) an employee benefit plan, plan or retirement arrangement that is subject to Similar Law; and
Appears in 4 contracts
Samples: Trust Agreement (Ford Credit Auto Owner Trust 2023-B), Trust Agreement (Ford Credit Auto Owner Trust 2023-B), Trust Agreement (Ford Credit Auto Owner Trust 2023-A)
ERISA Certification. The transferee of the Residual Interest delivers to the Indenture Trustee and the Owner Trustee a certification that it is not, and is not acting on behalf of or investing the assets of (i) an “"employee benefit plan” " (as defined in Section 3(3) of ERISA) that is subject to Title I of ERISA, (ii) a “"plan” " (as defined in Section 4975(e)(1) of the Code) that is subject to Section 4975 of the Code, (iii) an entity whose underlying assets include “"plan assets” " (within the meaning of Department of Labor Regulation 29 C.F.R. Section 2510.3-101 or otherwise under ERISA) by reason of the employee benefit plan’s 's or plan’s 's investment in the entity, entity or (iv) an employee benefit plan, plan or retirement arrangement that is subject to Similar Law; and;
Appears in 3 contracts
Samples: Trust Agreement (CAB East LLC), Trust Agreement (Ford Credit Auto Lease Trust 2022-A), Trust Agreement (Ford Credit Auto Lease Trust 2022-A)