Common use of Indenture Trustee May Enforce Exchange Note Clause in Contracts

Indenture Trustee May Enforce Exchange Note. The Indenture Trustee, acting at the direction of the Noteholders of a majority of the Note Balance of the Controlling Class, may exercise any rights, remedies, powers, privileges and claims available to the Issuer as holder of the 20 - Exchange Note.

Appears in 4 contracts

Samples: Indenture (CAB West LLC), Indenture (CAB East LLC), Indenture (CAB East LLC)

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Indenture Trustee May Enforce Exchange Note. The Indenture Trustee, acting at the direction of the Noteholders of a majority of the Note Balance of the Controlling Class, may exercise any rights, remedies, powers, privileges and claims available to the Issuer as holder of the 20 - 2020-A Exchange Note.

Appears in 2 contracts

Samples: Indenture (Ford Credit Auto Lease Trust 2020-A), Indenture (Ford Credit Auto Lease Trust 2020-A)

Indenture Trustee May Enforce Exchange Note. The Indenture Trustee, acting at the direction of the Noteholders of a majority of the Note Balance of the Controlling Class, may exercise any rights, remedies, powers, privileges and claims available to the Issuer as holder of the 20 - 2020-B Exchange Note.

Appears in 2 contracts

Samples: Indenture (Ford Credit Auto Lease Trust 2020-B), Indenture (Ford Credit Auto Lease Trust 2020-B)

Indenture Trustee May Enforce Exchange Note. The Indenture Trustee, acting at the direction of the Noteholders of a majority of the Note Balance of the Controlling Class, may exercise any rights, remedies, powers, privileges and claims available to the Issuer as holder of the 20 - 2021-A Exchange Note.

Appears in 2 contracts

Samples: Indenture (Ford Credit Auto Lease Trust 2021-A), Indenture (Ford Credit Auto Lease Trust 2021-A)

Indenture Trustee May Enforce Exchange Note. The Indenture Trustee, acting at the direction of the Noteholders of a majority of the Note Balance of the Controlling Class, may exercise any rights, remedies, powers, privileges and claims available to the Issuer as holder of the 20 - 2017-B Exchange Note.

Appears in 2 contracts

Samples: Indenture (Ford Credit Auto Lease Trust 2017-B), Indenture (Ford Credit Auto Lease Trust 2017-B)

Indenture Trustee May Enforce Exchange Note. The Indenture Trustee, acting at the direction of the Noteholders of a majority of the Note Balance of the Controlling Class, may exercise any rights, remedies, powers, privileges and claims available to the Issuer as holder of the 20 - 2022-A Exchange Note.

Appears in 2 contracts

Samples: Indenture (Ford Credit Auto Lease Trust 2022-A), Indenture (Ford Credit Auto Lease Trust 2022-A)

Indenture Trustee May Enforce Exchange Note. The Indenture Trustee, acting at the direction of the Noteholders of a majority of the Note Balance of the Controlling Class, may exercise any rights, remedies, powers, privileges and claims available to the Issuer as holder of the 20 - 2019-A Exchange Note.

Appears in 2 contracts

Samples: Indenture (Ford Credit Auto Lease Trust 2019-A), Indenture (Ford Credit Auto Lease Trust 2019-A)

Indenture Trustee May Enforce Exchange Note. The Indenture Trustee, acting at the direction of the Noteholders of a majority of the Note Balance of the Controlling Class, may exercise any rights, remedies, powers, privileges and claims available to the Issuer as holder of the 20 - 2021-B Exchange Note.

Appears in 2 contracts

Samples: Indenture (Ford Credit Auto Lease Trust 2021-B), Indenture (Ford Credit Auto Lease Trust 2021-B)

Indenture Trustee May Enforce Exchange Note. The Indenture Trustee, acting at the direction of the Noteholders of a majority of the Note Balance of the Controlling Class, may exercise any rights, remedies, powers, privileges and claims available to the Issuer as holder of the 20 - 2017-A Exchange Note.

Appears in 2 contracts

Samples: Indenture (Ford Credit Auto Lease Trust 2017-A), Indenture (Ford Credit Auto Lease Two LLC)

Indenture Trustee May Enforce Exchange Note. The Indenture Trustee, acting at the direction of the Noteholders of a majority of the Note Balance of the Controlling Class, may exercise any rights, remedies, powers, privileges and claims available to the Issuer as holder of the 20 - 2023-A Exchange Note.

Appears in 2 contracts

Samples: Indenture (Ford Credit Auto Lease Trust 2023-A), Indenture (Ford Credit Auto Lease Trust 2023-A)

Indenture Trustee May Enforce Exchange Note. The Indenture Trustee, acting at the direction of the Noteholders of a majority of the Note Balance of the Controlling Class, may exercise any rights, remedies, powers, privileges and claims available to the Issuer as holder of the 20 - 2024-A Exchange Note.

Appears in 2 contracts

Samples: Indenture (Ford Credit Auto Lease Trust 2024-A), Indenture (Ford Credit Auto Lease Trust 2024-A)

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Indenture Trustee May Enforce Exchange Note. The Indenture Trustee, acting at the direction of the Noteholders of a majority of the Note Balance of the Controlling Class, may exercise any rights, remedies, powers, privileges and claims available to the Issuer as holder of the 20 - 2023-B Exchange Note.

Appears in 2 contracts

Samples: Indenture (Ford Credit Auto Lease Trust 2023-B), Indenture (Ford Credit Auto Lease Trust 2023-B)

Indenture Trustee May Enforce Exchange Note. The Indenture Trustee, acting at the direction of the Noteholders of a majority of the Note Balance of the Controlling Class, may exercise any rights, remedies, powers, privileges and claims available to the Issuer as holder of the 20 - 2019-B Exchange Note.

Appears in 2 contracts

Samples: Indenture (Ford Credit Auto Lease Trust 2019-B), Indenture (Ford Credit Auto Lease Trust 2019-B)

Indenture Trustee May Enforce Exchange Note. The Indenture Trustee, acting at the direction of the Noteholders of a majority of the Note Balance of the Controlling Class, may exercise any rights, remedies, powers, privileges and claims available to the Issuer as holder of the 20 - 2024-B Exchange Note.

Appears in 2 contracts

Samples: Indenture (Ford Credit Auto Lease Trust 2024-B), Indenture (Ford Credit Auto Lease Trust 2024-B)

Indenture Trustee May Enforce Exchange Note. The Indenture Trustee, acting at the direction of the Noteholders of a majority of the Note Balance of the Controlling Class, may exercise any rights, remedies, powers, privileges and claims available to the Issuer as holder of the 20 - 2018-A Exchange Note.

Appears in 2 contracts

Samples: Indenture (Ford Credit Auto Lease Trust 2018-A), Indenture (Ford Credit Auto Lease Trust 2018-A)

Indenture Trustee May Enforce Exchange Note. The Indenture Trustee, acting at the direction of the Noteholders of a majority of the Note Balance of the Controlling Class, may exercise any rights, remedies, powers, privileges and claims available to the Issuer as holder of the 20 - 2016-A Exchange Note.

Appears in 2 contracts

Samples: Indenture (Ford Credit Auto Lease Two LLC), Indenture (Ford Credit Auto Lease Two LLC)

Indenture Trustee May Enforce Exchange Note. The Indenture Trustee, acting at the direction of the Noteholders of a majority of the Note Balance of the Controlling Class, may exercise any rights, remedies, powers, privileges and claims available to the Issuer as holder of the 20 - 2018-B Exchange Note.

Appears in 2 contracts

Samples: Indenture (Ford Credit Auto Lease Trust 2018-B), Indenture (Ford Credit Auto Lease Trust 2018-B)

Indenture Trustee May Enforce Exchange Note. The Indenture Trustee, acting at the direction of the Noteholders of a majority of the Note Balance of the Controlling Class, may exercise any rights, remedies, powers, privileges and claims available to the Issuer as holder of the 20 - 20__-__ Exchange Note.

Appears in 1 contract

Samples: Indenture (CAB East LLC)

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