Common use of Noteholder Consent Clause in Contracts

Noteholder Consent. For any amendment to this Agreement or any other Transaction Document requiring the consent of the Noteholders, the Owner Trustee will notify the Indenture Trustee to request consent from the Noteholders and follow its reasonable procedures to obtain consent.

Appears in 109 contracts

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

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Noteholder Consent. For any amendment to this Agreement Indenture or any other Transaction Document requiring the consent of the Noteholders, the Owner Indenture Trustee will will, when directed by Issuer Order, notify the Indenture Trustee Noteholders to request consent from the Noteholders and follow its reasonable procedures to obtain consent.

Appears in 92 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)

Noteholder Consent. For any amendment to this Agreement Indenture or any other Transaction Document requiring the consent of the Noteholders, the Owner Indenture Trustee will will, when directed by Trust Order, notify the Indenture Trustee Noteholders to request consent from the Noteholders and follow its reasonable procedures to obtain consent. For the avoidance of doubt, any Noteholder consenting to any amendment shall be deemed to agree that such amendment does not have a material adverse effect on such Noteholder.

Appears in 41 contracts

Samples: Indenture (Verizon Master Trust), Verizon Master Trust, Verizon Master Trust

Noteholder Consent. For any amendment to this Agreement Indenture or any other Transaction Document requiring the consent of the Noteholders, the Owner Indenture Trustee will will, when directed by Issuer Order, notify the Indenture Trustee Noteholders to request consent from the Noteholders and follow its reasonable procedures to obtain consent. For the avoidance of doubt, any Noteholder consenting to any amendment shall be deemed to agree that such amendment does not have a material adverse effect on such Noteholder.

Appears in 23 contracts

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

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Noteholder Consent. For any amendment to this Agreement Indenture or any other Transaction Document requiring the consent of the Noteholders, the Owner Indenture Trustee will notify the Indenture Trustee Noteholders to request consent from the Noteholders and follow its reasonable procedures to obtain consent.

Appears in 3 contracts

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

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