Common use of No Deemed Knowledge Clause in Contracts

No Deemed Knowledge. The Indenture Trustee will not be deemed to have knowledge of a Default, an Event of Default or a breach of a representation or warranty unless (i) a Responsible Person of the Indenture Trustee has knowledge of the Default, Event of Default or breach or (ii) it has actually received notice of the Default, Event of Default or breach.

Appears in 85 contracts

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

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No Deemed Knowledge. The Indenture Trustee will not be deemed to have knowledge of a Default, an Default or any Event of Default or a breach of a representation or warranty unless (i) a Responsible Person of the Indenture Trustee has knowledge of the Default, Default or Event of Default or breach or (ii) it has actually received notice of the Default, Default or Event of Default or breachhas been given to the Indenture Trustee.

Appears in 4 contracts

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

No Deemed Knowledge. The Indenture Trustee will not be deemed to have knowledge of a Default, an Default or any Event of Default or a breach of a representation or warranty unless (i) a Responsible Person of the Indenture Trustee has knowledge of the Default, Default or Event of Default or breach or (ii) it has actually received notice of the Default, Default or Event of Default or breachDefault.

Appears in 4 contracts

Samples: Indenture (CAB East LLC), Indenture (CAB East LLC), Indenture (Ford Credit Auto Owner Trust 2016-A)

No Deemed Knowledge. The Indenture Trustee will not be deemed to have knowledge of a Default, an Default or any Event of Default or a breach of a representation or warranty unless (i) a Responsible Person of the Indenture Trustee has knowledge of the Default, Default or Event of Default or breach or (ii) it has actually received notice of the Default, Default or Event of Default or breachDefault.

Appears in 1 contract

Samples: Indenture (CAB East LLC)

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No Deemed Knowledge. The Indenture Trustee will not be deemed to have knowledge of a Default, an Default or any Event of Default or a breach of a representation or warranty unless (i) a Responsible Person of the Indenture Trustee has knowledge of the Default, Default or Event of Default or breach or (ii) it has actually received notice of the Default, Default or Event of Default or breachhas been given to the Indenture Trustee according to this Indenture.

Appears in 1 contract

Samples: Indenture (Ford Credit Auto Receivables Two LLC)

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