Common use of Obligations to be Performed by Owner Trustee Clause in Contracts

Obligations to be Performed by Owner Trustee. The Administrator will have no responsibility or obligation to perform the obligations of the Owner Trustee relating to repurchase demands under Section 5.13 of the Trust Agreement or relating to Regulation AB disclosure under Section 6.7 of the Trust Agreement.

Appears in 53 contracts

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

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Obligations to be Performed by Owner Trustee. The Administrator will have no responsibility or obligation to perform the obligations of the Owner Trustee relating to repurchase reallocation demands under Section 5.13 of the Trust Agreement or relating to Regulation AB disclosure under Section 6.7 of the Trust Agreement.

Appears in 30 contracts

Samples: Administration Agreement (Ford Credit Auto Lease Trust 2024-A), Administration Agreement (Ford Credit Auto Lease Trust 2024-A), Administration Agreement (Ford Credit Auto Lease Trust 2023-B)

Obligations to be Performed by Owner Trustee. The Administrator will have no responsibility or obligation to perform the obligations of the Owner Trustee relating to repurchase reacquisition or acquisition demands under Section 5.13 5.12 of the Trust Agreement or relating to Regulation AB disclosure under Section 6.7 of the Trust Agreement.

Appears in 21 contracts

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

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Obligations to be Performed by Owner Trustee. The Administrator will have no responsibility or obligation to perform the obligations of the Owner Trustee relating to repurchase demands under Section 5.13 5.14 of the Trust Agreement or relating to Regulation AB disclosure under Section 6.7 of the Trust Agreement.

Appears in 5 contracts

Samples: Administration Agreement (Ford Credit Auto Receivables Two LLC), Administration Agreement (Ford Credit Auto Receivables Two LLC), Administration Agreement (Ford Credit Auto Receivables Two LLC)

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