Common use of Not Required to Segregate Clause in Contracts

Not Required to Segregate. The Indenture Trustee need not segregate any funds held by it in trust under this Indenture from other funds unless required by Law, this Indenture or the Transfer and Servicing Agreement.

Appears in 62 contracts

Samples: Indenture (Verizon Master Trust), Transfer and Servicing Agreement (Verizon Owner Trust 2020-A), Transfer and Servicing Agreement (Verizon Owner Trust 2020-B)

AutoNDA by SimpleDocs

Not Required to Segregate. The Indenture Trustee need not segregate any funds held by it in trust under this Indenture from other funds unless required by Lawlaw, this Indenture or the Transfer Sale and Servicing Agreement.

Appears in 50 contracts

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

AutoNDA by SimpleDocs

Not Required to Segregate. The Indenture Trustee need not segregate any funds held by it in trust under this Indenture from other funds unless required by Lawlaw, this Indenture Indenture, the Exchange Note Supplement or the Transfer and Servicing AgreementSupplement.

Appears in 36 contracts

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

Time is Money Join Law Insider Premium to draft better contracts faster.