Notice of Benchmark Replacement and/or Benchmark Replacement Conforming Changes. Promptly following the determination of a Benchmark Replacement and/or the making of any Benchmark Replacement Conforming Changes, the Issuer will notify the Indenture Trustee and the Servicer, and will provide to the Servicer the relevant information regarding the Unadjusted Benchmark Replacement, the Benchmark Replacement Adjustment and any such Benchmark Replacement Conforming Changes for inclusion in the Monthly Investor Report. Notwithstanding anything in this Indenture or the other Transaction Documents to the contrary, upon the delivery of such notice and the inclusion of such information in the Monthly Investor Report, this Indenture and/or any other relevant Transaction Document will be deemed to have been amended to reflect such Unadjusted Benchmark Replacement, Benchmark Replacement Adjustment and/or Benchmark Replacement Conforming Changes without further compliance with the provisions of Article IX of this Indenture or the amendment provisions of any other relevant Transaction Document.
Appears in 35 contracts
Samples: Indenture (Ford Credit Auto Receivables Two LLC), Indenture (Ford Credit Auto Lease Trust 2024-B), Indenture (Ford Credit Auto Lease Trust 2024-B)
Notice of Benchmark Replacement and/or Benchmark Replacement Conforming Changes. Promptly following the determination of a Benchmark Replacement and/or the making of any Benchmark Replacement Conforming Changes, the Issuer will notify the Indenture Trustee and the Servicer, and will provide to the Servicer the relevant information regarding the Unadjusted Benchmark Replacement, the Benchmark Replacement Adjustment and any such Benchmark Replacement Conforming Changes for inclusion in the Monthly Investor ReportServicer’s Certificate. Notwithstanding anything in this Indenture or the other Transaction Documents to the contrary, upon the delivery of such notice and the inclusion of such information in the Monthly Investor ReportServicer’s Certificate, this Indenture and/or any other relevant Transaction Document will be deemed to have been amended to reflect such Unadjusted Benchmark Replacement, Benchmark Replacement Adjustment and/or Benchmark Replacement Conforming Changes without further compliance with the provisions of Article IX of this Indenture or the amendment provisions of any other relevant Transaction Document.
Appears in 14 contracts
Samples: Indenture (Carmax Auto Funding LLC), Indenture (Carmax Auto Funding LLC), Indenture (Carmax Auto Funding LLC)
Notice of Benchmark Replacement and/or Benchmark Replacement Conforming Changes. Promptly following the determination of a Benchmark Replacement and/or the making of any Benchmark Replacement Conforming Changes, the Issuer Servicer will notify the Indenture Trustee Trust Collateral Agent, and the Servicer will include in the Servicer, and will provide to the Servicer ’s Certificate the relevant information regarding the Unadjusted Benchmark Replacement, the Benchmark Replacement Adjustment and Adjustment, any such Benchmark Replacement Conforming Changes for inclusion and the Interest Period in the Monthly Investor Reportwhich such Benchmark Replacement will be implemented. Notwithstanding anything in this Indenture Agreement or the other Transaction Basic Documents to the contrary, upon the delivery of such notice and the inclusion of such information in the Monthly Investor ReportServicer’s Certificate, this Indenture Agreement and/or any other relevant Transaction Basic Document will be deemed to have been amended to reflect such Unadjusted Benchmark Replacement, Benchmark Replacement Adjustment and/or Benchmark Replacement Conforming Changes without further compliance with the provisions of Article IX Section 12.1 of this Indenture Agreement or the amendment provisions of any other relevant Transaction Basic Document.
Appears in 5 contracts
Samples: Sale and Servicing (Afs Sensub Corp.), Sale and Servicing Agreement (GM Financial Consumer Automobile Receivables Trust 2020-2), Sale and Servicing Agreement (GM Financial Consumer Automobile Receivables Trust 2020-2)
Notice of Benchmark Replacement and/or Benchmark Replacement Conforming Changes. Promptly following the determination of a Benchmark Replacement and/or the making of any Benchmark Replacement Conforming Changes, the Issuer will notify the Indenture Trustee and the Servicer, and will provide to the Servicer the relevant information regarding the Unadjusted Benchmark Replacement, the Benchmark Replacement Adjustment and any such Benchmark Replacement Conforming Changes for inclusion in the Monthly Investor Report. Notwithstanding anything in this Indenture Supplement or the other Transaction Documents to the contrary, upon the delivery of such notice and the inclusion of such information in the Monthly Investor Report, this Indenture Supplement and/or any other relevant Transaction Document will be deemed to have been amended to reflect such Unadjusted Benchmark Replacement, Benchmark Replacement Adjustment and/or Benchmark Replacement Conforming Changes without further compliance with the provisions of Article IX of this the Indenture or the amendment provisions of any other relevant Transaction Document.
Appears in 4 contracts
Samples: Series 2020 (Ford Credit Floorplan LLC), Series 2020 (Ford Credit Floorplan LLC), Ford Credit Floorplan LLC
Notice of Benchmark Replacement and/or Benchmark Replacement Conforming Changes. Promptly following the determination of a Benchmark Replacement and/or the making of any Benchmark Replacement Conforming Changes, the Issuer Servicer will notify the Indenture Trustee Trust Collateral Agent, and the Servicer will include in the Servicer, and will provide to the Servicer ’s Certificate the relevant information regarding the Unadjusted Benchmark Replacement, the Benchmark Replacement Adjustment and Adjustment, any such Benchmark Replacement Conforming Changes for inclusion and the Interest Period in the Monthly Investor Reportwhich such Benchmark Replacement will be implemented. Notwithstanding anything in this Indenture Agreement or the other Transaction Basic Documents to the contrary, upon the delivery of such notice and the inclusion of such information in the Monthly Investor ReportServicer’s Certificate, this Indenture Agreement and/or any other relevant Transaction Basic Document will be deemed to have been amended to reflect such Unadjusted Benchmark Replacement, Benchmark Replacement Adjustment and/or Benchmark Replacement Conforming Changes without further compliance with the provisions of Article IX Section 12.1 of this Indenture Agreement or the amendment provisions of any other relevant Transaction Basic Document.
Appears in 4 contracts
Samples: Sale and Servicing (GM Financial Consumer Automobile Receivables Trust 2019-4), Sale and Servicing (GM Financial Consumer Automobile Receivables Trust 2019-4), Sale and Servicing (AmeriCredit Automobile Receivables Trust 2019-3)
Notice of Benchmark Replacement and/or Benchmark Replacement Conforming Changes. Promptly following the determination of a Benchmark Replacement and/or the making of any Benchmark Replacement Conforming Changes, the Issuer Servicer will notify the Indenture Trustee Trust Collateral Agent, and the Servicer will include in the Servicer, and will provide to the Servicer ’s Certificate the relevant information regarding the Unadjusted Benchmark Replacement, the Benchmark Replacement Adjustment and Adjustment, any such Benchmark Replacement Conforming Changes for inclusion and the Interest Period in the Monthly Investor Reportwhich such Benchmark Replacement will be implemented. Notwithstanding anything in this Indenture Agreement or the other Transaction Basic Documents to the contrary, upon the delivery of such notice and the inclusion of such information in the Monthly Investor ReportServicer’s Certificate, this Indenture Agreement and/or any other relevant Transaction Basic Document will be deemed to have been amended to reflect such Unadjusted Benchmark Replacement, Benchmark Replacement Adjustment and/or Benchmark Replacement Conforming Changes without further compliance with the provisions of Article IX of this Indenture or the amendment provisions of any other relevant Transaction Document.of
Appears in 2 contracts
Samples: Sale and Servicing (AmeriCredit Automobile Receivables Trust 2020-2), Sale and Servicing (AmeriCredit Automobile Receivables Trust 2020-2)
Notice of Benchmark Replacement and/or Benchmark Replacement Conforming Changes. Promptly following the determination of a Benchmark Replacement and/or the making of any Benchmark Replacement Conforming Changes, the Issuer will notify the Indenture Trustee and the Servicer, and will provide to the Servicer the relevant information regarding the Unadjusted Benchmark Replacement, the Benchmark Replacement Adjustment and any such Benchmark Replacement Conforming Changes for inclusion in the Monthly Investor ReportServicer's Certificate. Notwithstanding anything in this Indenture or the other Transaction Documents to the contrary, upon the delivery of such notice and the inclusion of such information in the Monthly Investor ReportServicer's Certificate, this Indenture and/or any other relevant Transaction Document will be deemed to have been amended to reflect such Unadjusted Benchmark Replacement, Benchmark Replacement Adjustment and/or Benchmark Replacement Conforming Changes without further compliance with the provisions of Article IX of this Indenture or the amendment provisions of any other relevant Transaction Document.
Appears in 2 contracts
Samples: Indenture (Carmax Auto Funding LLC), Indenture (Carmax Auto Funding LLC)
Notice of Benchmark Replacement and/or Benchmark Replacement Conforming Changes. Promptly following the determination of a Benchmark Replacement and/or the making of any Benchmark Replacement Conforming Changes, the Issuer Servicer will notify the Indenture Trustee Trustee, and the Servicer will include in the Servicer, and will provide to the Servicer ’s monthly statement the relevant information regarding the Unadjusted Benchmark Replacement, the Benchmark Replacement Adjustment and Adjustment, any such Benchmark Replacement Conforming Changes for inclusion and the Interest Period in the Monthly Investor Reportwhich such Benchmark Replacement will be implemented. Notwithstanding anything in this Indenture Supplement or the other Transaction Basic Documents to the contrary, upon the delivery of such notice and the inclusion of such information in the Monthly Investor ReportServicer’s monthly statement, this Indenture Supplement and/or any other relevant Transaction Basic Document will be deemed to have been amended to reflect such Unadjusted Benchmark Replacement, Benchmark Replacement Adjustment and/or Benchmark Replacement Conforming Changes with respect to the [Class A-2 Notes] without further compliance with the provisions of Article IX of this Indenture or the amendment provisions of any other relevant Transaction Basic Document.
Appears in 1 contract
Samples: GMF Floorplan Owner Revolving Trust