Common use of No Conflicts and No Violation Clause in Contracts

No Conflicts and No Violation. The completion of the transactions under this Agreement, and the performance of its obligations under this Agreement, will not (i) conflict with, or be a breach or default under, any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document under which the Depositor is a debtor or guarantor, (ii) result in the creation or imposition of a Lien on the Depositor’s properties or assets under the terms of any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document (other than the Sale and Servicing Agreement), (iii) violate the Depositor’s certificate of formation or limited liability company agreement or (iv) violate a law or, to the Depositor’s knowledge, an order, rule or regulation of a federal or State court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Depositor or its properties that applies to the Depositor, which, in each case, would reasonably be expected to have a material adverse effect on the Depositor’s ability to perform its obligations under this Agreement.

Appears in 39 contracts

Samples: Receivables Purchase Agreement (Ford Credit Auto Owner Trust 2022-A), Receivables Purchase Agreement (Ford Credit Auto Owner Trust 2022-A), Receivables Purchase Agreement (Ford Credit Auto Receivables Two LLC)

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No Conflicts and No Violation. The completion of the transactions under this Agreement, the Transaction Documents to which the Depositor is a party and the performance of its obligations under this Agreement, such documents will not (i) conflict with, or be a breach or a default under, any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document under which the Depositor is a debtor or guarantor, (ii) result in the creation or imposition of a Lien on the Depositor’s properties or assets under the terms of any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document (other than the Sale and Servicing this Agreement), (iii) violate the Depositor’s certificate of formation or limited liability company agreement or (iv) violate a law or, to the Depositor’s knowledge, an order, rule or regulation of a federal or State court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Depositor or its properties that applies to the Depositor, which, in each case, would reasonably be expected to have a material adverse effect on the Depositor’s ability to perform its obligations under this Agreementthe Transaction Documents to which it is a party.

Appears in 39 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2022-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2022-A), Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC)

No Conflicts and No Violation. The completion of the transactions under this Agreement, and the performance of its obligations under this Agreement, will not (i) conflict with, or be a breach or default under, any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document under which the Depositor is a debtor or guarantor, (ii) result in the creation or imposition of a any Lien on the Depositor’s properties or assets under the terms of any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document (other than the Sale and Servicing Agreement), (iii) violate the Depositor’s certificate of formation or limited liability company agreement or (iv) violate a law or, to the Depositor’s knowledge, an order, rule or regulation of a federal or State court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Depositor or its properties that applies to the Depositor, which, in each case, would reasonably be expected to have a material adverse effect on the Depositor’s ability to perform its obligations under this Agreement.

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)

No Conflicts and No Violation. The completion of the transactions under this Agreement, and the performance of its obligations under this Agreement, will not (i) conflict with, or be a breach or default under, any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document under which the Depositor is a debtor or guarantor, (ii) result in the creation or imposition of a Lien on the Depositor’s properties or assets under the terms of any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document (other than the Exchange Note Sale and Servicing Agreement), (iii) violate the Depositor’s certificate of formation or limited liability company agreement or (iv) violate a law or, to the Depositor’s knowledge, an order, rule or regulation of a federal or State court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Depositor or its properties that applies to the Depositor, which, in each case, would reasonably be expected to have a material adverse effect on the Depositor’s ability to perform its obligations under this Agreement.

Appears in 26 contracts

Samples: Exchange Note Purchase Agreement (Ford Credit Auto Lease Trust 2021-B), Exchange Note Purchase Agreement (Ford Credit Auto Lease Trust 2021-B), Exchange Note Purchase Agreement (Ford Credit Auto Lease Trust 2021-A)

No Conflicts and No Violation. The completion of the transactions under this Agreement, and the performance of its obligations under this Agreement, will not (i) conflict with, or be a breach or default under, any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document under which the Depositor is a debtor or guarantor, (ii) result in the creation or imposition of a any Lien on the Depositor’s properties or assets under the terms of any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document (other than the Exchange Note Sale and Servicing Agreement), (iii) violate the Depositor’s certificate of formation or limited liability company agreement or (iv) violate a law or, to the Depositor’s knowledge, an order, rule or regulation of a federal or State court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Depositor or its properties that applies to the Depositor, which, in each case, would reasonably be expected to have a material adverse effect on the Depositor’s ability to perform its obligations under this Agreement.

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)

No Conflicts and No Violation. The completion of the transactions under this Agreement, the Transaction Documents to which the Depositor is a party and the performance of its obligations under this Agreement, such documents will not (i) conflict with, or be a breach or default under, any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document under which the Depositor is a debtor or guarantor, (ii) result in the creation or imposition of a Lien lien on the Depositor’s properties or assets under the terms of any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document (other than the Sale and Servicing Agreement), (iii) violate the Depositor’s certificate of formation or limited liability company agreement or (iv) violate a law or, to the Depositor’s knowledge, an order, rule or regulation of a federal or State state court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Depositor or its properties that applies to the Depositor, which, in each case, would reasonably be expected to have a material adverse effect on the Depositor’s ability to perform its obligations under this Agreementthe Transaction Documents to which it is a party.

Appears in 22 contracts

Samples: Underwriting Agreement (Ford Credit Auto Owner Trust 2022-A), Underwriting Agreement (Ford Credit Auto Receivables Two LLC), Underwriting Agreement (Ford Credit Auto Owner Trust 2021-A)

No Conflicts and No Violation. The completion of the transactions under this Agreement, the Transaction Documents to which the Depositor is a party and the performance of its obligations under this Agreement, such documents will not (i) conflict with, or be a breach or default under, any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document under which the Depositor is a debtor or guarantor, (ii) result in the creation or imposition of a Lien lien on the Depositor’s properties or assets under the terms of any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document (other than the related Sale and Servicing Agreement), (iii) violate the Depositor’s certificate of formation or limited liability company agreement organizational documents or (iv) violate a law or, to the Depositor’s knowledge, an order, rule or regulation of a federal or State state court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Depositor or its properties that applies to the Depositor, which, in each case, would reasonably be expected to have a material adverse effect on the Depositor’s ability to perform its obligations under this Agreementthe Transaction Documents to which it is a party.

Appears in 21 contracts

Samples: Underwriting Agreement (Ford Credit Floorplan LLC), Underwriting Agreement (Ford Credit Floorplan LLC), Underwriting Agreement (Ford Credit Floorplan LLC)

No Conflicts and No Violation. The completion of the transactions under this Agreement, the Transaction Documents to which the Depositor is a party and the performance of its obligations under this Agreement, such documents will not (i) conflict with, or be a breach or a default under, any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document under which the Depositor is a debtor or guarantor, (ii) result in the creation or imposition of a Lien on the Depositor’s 's properties or assets under the terms of any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document (other than the Sale and Servicing this Agreement), (iii) violate the Depositor’s 's certificate of formation or limited liability company agreement or (iv) violate a law or, to the Depositor’s 's knowledge, an order, rule or regulation of a federal or State court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Depositor or its properties that applies to the Depositor, which, in each case, would reasonably be expected to have a material adverse effect on the Depositor’s 's ability to perform its obligations under this Agreementthe Transaction Documents to which it is a party.

Appears in 20 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2024-D), Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2024-C)

No Conflicts and No Violation. The completion of the transactions under this Agreement, and the performance of its obligations under this Agreement, will not (i) conflict with, or be a breach or default under, any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document under which the Depositor is a debtor or guarantor, (ii) result in the creation or imposition of a Lien on the Depositor’s 's properties or assets under the terms of any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document (other than the Sale and Servicing Agreement), (iii) violate the Depositor’s 's certificate of formation or limited liability company agreement or (iv) violate a law or, to the Depositor’s 's knowledge, an order, rule or regulation of a federal or State court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Depositor or its properties that applies to the Depositor, which, in each case, would reasonably be expected to have a material adverse effect on the Depositor’s 's ability to perform its obligations under this Agreement.

Appears in 19 contracts

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

No Conflicts and No Violation. The completion of the transactions under this Agreement, and the performance of its obligations under this Agreement, will not (i) conflict with, or be a breach or default under, any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document under which the Depositor is a debtor or guarantor, (ii) result in the creation or imposition of a any Lien on the Depositor’s 's properties or assets under the terms of any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document (other than the Sale and Servicing Agreement), (iii) violate the Depositor’s 's certificate of formation or limited liability company agreement or (iv) violate a law or, to the Depositor’s 's knowledge, an order, rule or regulation of a federal or State court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Depositor or its properties that applies to the Depositor, which, in each case, would reasonably be expected to have a material adverse effect on the Depositor’s 's ability to perform its obligations under this Agreement.

Appears in 19 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)

No Conflicts and No Violation. The completion consummation of the transactions under contemplated by this Agreement, and the performance fulfillment of its obligations under the terms of this Agreement, will not (i) conflict withwith or result in a breach of the terms or provisions of, or be constitute a breach or default under, any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document agreement or instrument under which the Depositor is a debtor or guarantor, (ii) result in the creation or imposition of a any Lien on upon any of the Depositor’s properties or assets under of the Depositor pursuant to the terms of any such indenture, mortgage, deed of trust, loan agreement, guarantee or similar document agreement or instrument (other than the Sale and Servicing this Agreement), (iii) violate the Depositor’s certificate of formation of the Depositor or limited liability company agreement the Limited Liability Company Agreement or (iv) violate a any law or, to the Depositor’s knowledge, an any order, rule or regulation applicable to the Depositor of a federal or State court, regulatory body, administrative agency or other governmental instrumentality any Governmental Authority having jurisdiction over the Depositor or its properties that applies to the Depositor, whichproperties, in each case, which conflict, breach, default, Lien or violation would reasonably be expected to have a material adverse effect on the Depositor’s ability to perform its obligations under this Agreement.

Appears in 18 contracts

Samples: Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2014-A), First Tier Sale Agreement (Ford Credit Auto Lease Trust 2014-A), Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2014-A)

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No Conflicts and No Violation. The completion of the transactions under this Agreement, the Transaction Documents to which the Depositor is a party and the performance of its obligations under this Agreement, such documents will not (i) conflict with, or be a breach or default under, any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document under which the Depositor is a debtor or guarantor, (ii) result in the creation or imposition of a Lien lien on the Depositor’s properties or assets under the terms of any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document (other than the Exchange Note Sale and Servicing Agreement), (iii) violate the Depositor’s certificate of formation or limited liability company agreement or (iv) violate a law or, to the Depositor’s knowledge, an order, rule or regulation of a federal or State state court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Depositor or its properties that applies to the Depositor, which, in each case, would reasonably be expected to have a material adverse effect on the Depositor’s ability to perform its obligations under this Agreementthe Transaction Documents to which it is a party.

Appears in 13 contracts

Samples: Underwriting Agreement (Ford Credit Auto Lease Trust 2021-B), Underwriting Agreement (Ford Credit Auto Lease Trust 2021-A), Underwriting Agreement (Ford Credit Auto Lease Trust 2020-B)

No Conflicts and No Violation. The completion of the transactions under this Agreement, and the performance of its obligations under this Agreement, will not (i) conflict with, or be a breach or default under, any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document under which the Depositor is a debtor or guarantor, (ii) result in the creation or imposition of a any Lien on the Depositor’s 's properties or assets under the terms of any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document (other than the Exchange Note Sale and Servicing Agreement), (iii) violate the Depositor’s 's certificate of formation or limited liability company agreement or (iv) violate a law or, to the Depositor’s 's knowledge, an order, rule or regulation of a federal or State court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Depositor or its properties that applies to the Depositor, which, in each case, would reasonably be expected to have a material adverse effect on the Depositor’s 's ability to perform its obligations under this Agreement.

Appears in 11 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)

No Conflicts and No Violation. The completion of the transactions under this Agreement, and the performance of its obligations under this Agreement, will not (i) conflict with, or be a breach or default under, any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document under which the Depositor is a debtor or guarantor, (ii) result in the creation or imposition of a Lien on the Depositor’s 's properties or assets under the terms of any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document (other than the Exchange Note Sale and Servicing Agreement), (iii) violate the Depositor’s 's certificate of formation or limited liability company agreement or (iv) violate a law or, to the Depositor’s 's knowledge, an order, rule or regulation of a federal or State court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Depositor or its properties that applies to the Depositor, which, in each case, would reasonably be expected to have a material adverse effect on the Depositor’s 's ability to perform its obligations under this Agreement.

Appears in 11 contracts

Samples: Exchange Note Purchase Agreement (Ford Credit Auto Lease Trust 2024-B), Exchange Note Purchase Agreement (Ford Credit Auto Lease Trust 2024-B), Exchange Note Purchase Agreement (Ford Credit Auto Lease Trust 2024-A)

No Conflicts and No Violation. The completion of the transactions under this Agreement, the Transaction Documents to which the Depositor is a party and the performance of its obligations under this Agreement, such documents will not (i) conflict with, or be a breach or default under, any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document under which the Depositor is a debtor or guarantor, (ii) result in the creation or imposition of a Lien lien on the Depositor’s 's properties or assets under the terms of any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document (other than the Sale and Servicing Agreement), (iii) violate the Depositor’s 's certificate of formation or limited liability company agreement or (iv) violate a law or, to the Depositor’s 's knowledge, an order, rule or regulation of a federal or State state court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Depositor or its properties that applies to the Depositor, which, in each case, would reasonably be expected to have a material adverse effect on the Depositor’s 's ability to perform its obligations under this Agreementthe Transaction Documents to which it is a party.

Appears in 10 contracts

Samples: Underwriting Agreement (Ford Credit Auto Receivables Two LLC), Underwriting Agreement (Ford Credit Auto Owner Trust 2024-C), Underwriting Agreement (Ford Credit Auto Owner Trust 2024-B)

No Conflicts and No Violation. The completion of the transactions under this Agreement, the Transaction Documents to which the Depositor is a party and the performance of its obligations under this Agreement, such documents will not (i) conflict with, or be a breach or default under, any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document under which the Depositor is a debtor or guarantor, (ii) result in the creation or imposition of a Lien lien on the Depositor’s 's properties or assets under the terms of any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document (other than the Exchange Note Sale and Servicing Agreement), (iii) violate the Depositor’s 's certificate of formation or limited liability company agreement or (iv) violate a law or, to the Depositor’s 's knowledge, an order, rule or regulation of a federal or State state court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Depositor or its properties that applies to the Depositor, which, in each case, would reasonably be expected to have a material adverse effect on the Depositor’s 's ability to perform its obligations under this Agreementthe Transaction Documents to which it is a party.

Appears in 6 contracts

Samples: Underwriting Agreement (Ford Credit Auto Lease Trust 2024-B), Underwriting Agreement (Ford Credit Auto Lease Trust 2024-A), Underwriting Agreement (Ford Credit Auto Lease Trust 2023-B)

No Conflicts and No Violation. The completion of the transactions under this Agreement, the Transaction Documents to which the Depositor is a party and the performance of its obligations under this Agreement, such documents will not (i) conflict with, or be a breach or a default under, any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document under which the Depositor is a debtor or guarantor, (ii) result in the creation or imposition of a any Lien on any of the Depositor’s properties or assets under the terms of any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document (other than the Sale and Servicing this Agreement), (iii) violate the Depositor’s certificate of formation or limited liability company agreement or (iv) violate a any law or, to the Depositor’s knowledge, an any order, rule or regulation of a federal or State court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Depositor or its properties that applies to the Depositor, which, in each case, would reasonably be expected to have a material adverse effect on the Depositor’s ability to perform its obligations under this Agreementthe Transaction Documents to which it is a party.

Appears in 1 contract

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

No Conflicts and No Violation. The completion of the transactions under this Agreement, the Transaction Documents to which the Depositor is a party and the performance of its obligations under this Agreement, such documents will not (i) conflict with, or be a breach or default under, any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document under which the Depositor is a debtor or guarantor, (ii) result in the creation or imposition of a Lien lien on the Depositor’s 's properties or assets under the terms of any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document (other than the Sale and Servicing AgreementAgreements), (iii) violate the Depositor’s certificate of formation or limited liability company agreement 's organizational documents or (iv) violate a law or, to the Depositor’s 's knowledge, an order, rule or regulation of a federal or State state court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Depositor or its properties that applies to the Depositor, which, in each case, would reasonably be expected to have a material adverse effect on the Depositor’s 's ability to perform its obligations under this Agreementthe Transaction Documents to which it is a party.

Appears in 1 contract

Samples: Underwriting Agreement (Ford Credit Floorplan LLC)

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