Note Paying Agents. (a) The Indenture Trustee may appoint one or more Note Paying Agents that meet the eligibility standards for the Indenture Trustee specified in Section 6.11(a). The Note Paying Agents will have the power to make distributions from the Trust Accounts.
Appears in 39 contracts
Samples: Indenture (Ford Credit Auto Owner Trust 2014-A), Indenture (Ford Credit Auto Owner Trust 2014-A), Indenture (Ford Credit Auto Owner Trust 2013-D)
Note Paying Agents. (a) The Indenture Trustee may appoint one or more Note Paying Agents that meet the eligibility standards for the Indenture Trustee specified in Section 6.11(a). The Note Paying Agents will have the power to make distributions from the Trust Bank Accounts.
Appears in 19 contracts
Samples: Indenture (Ford Credit Auto Lease Trust 2015-B), Indenture (Ford Credit Auto Lease Trust 2015-B), Indenture (Ford Credit Auto Lease Trust 2015-A)
Note Paying Agents. (a) The Indenture Trustee may appoint one or more Note Paying Agents that meet the eligibility standards for the Indenture Trustee specified in under Section 6.11(a)6.11. The Note Paying Agents will have the power to make distributions from the Trust Accounts.
Appears in 8 contracts
Samples: Indenture (Ford Credit Auto Owner Trust 2015-B), Indenture (Ford Credit Auto Owner Trust 2015-B), Indenture (Ford Credit Auto Owner Trust 2015-A)
Note Paying Agents. (a) The Indenture Trustee may appoint one or more Note Paying Agents that meet the eligibility standards for the Indenture Trustee specified in Section 6.11(a)6.11. The Note Paying Agents will have the power to make distributions from the Trust Bank Accounts.
Appears in 3 contracts
Samples: Indenture (Ford Credit Auto Lease Trust 2011-A), Indenture (Ford Credit Auto Lease Trust 2011-A), Indenture (CAB West LLC)
Note Paying Agents. (a) The Indenture Trustee may appoint one or more Note Paying Agents that meet the eligibility standards for the Indenture Trustee specified in Section 6.11(a8.11(a). The Note Paying Agents will have the power to make distributions from the Trust AccountsCollection Account and Reserve Account.
Appears in 3 contracts
Samples: Indenture (Commercial Credit, Inc.), Indenture (Commercial Credit, Inc.), Indenture (Commercial Credit, Inc.)
Note Paying Agents. (a) The Indenture Trustee may appoint one or more Note Paying Agents for one or more Series that meet the eligibility standards for the Indenture Trustee specified in Section 6.11(a)6.10. The Note Paying Agents will have the power to make distributions payments from the Trust Collection Account, the Excess Funding Account, the Back-up Servicer Reserve Account and the related Series Accounts.
Appears in 2 contracts
Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan Corp
