Common use of Organizational Expenses of the Issuer Clause in Contracts

Organizational Expenses of the Issuer. The Depositor will, or will cause the Administrator to, pay the organizational expenses of the Issuer as they may arise or, upon the request of the Owner Trustee, the Depositor will, or will cause the Administrator to, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 39 contracts

Samples: Trust Agreement (Ford Credit Auto Owner Trust 2014-A), Trust Agreement (Ford Credit Auto Owner Trust 2014-A), Trust Agreement (Ford Credit Auto Owner Trust 2013-D)

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Organizational Expenses of the Issuer. The Depositor will, or will cause the Indenture Administrator to, pay the organizational expenses of the Issuer as they may arise or, upon the request of the Owner Trustee, the Depositor will, or will cause the Indenture Administrator to, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 15 contracts

Samples: Trust Agreement (Ford Credit Auto Lease Trust 2014-A), Trust Agreement (Ford Credit Auto Lease Trust 2014-A), Trust Agreement (Ford Credit Auto Lease Trust 2013-B)

Organizational Expenses of the Issuer. The Depositor will, or will cause the Administrator to, pay the organizational expenses of the Issuer as they may arise or, upon the request of the Owner Trustee, the Depositor will, or will cause the Administrator to, promptly reimburse the Owner Trustee for any such of these expenses paid by the Owner Trustee.

Appears in 8 contracts

Samples: Trust Agreement (Ford Credit Auto Owner Trust 2015-B), Trust Agreement (Ford Credit Auto Owner Trust 2015-B), Trust Agreement (Ford Credit Auto Owner Trust 2015-A)

Organizational Expenses of the Issuer. The Depositor will, or will cause the Indenture Administrator to, pay the organizational expenses of the Issuer as they may arise or, upon on the request of the Owner Trustee, the Depositor will, or will cause the Indenture Administrator to, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 7 contracts

Samples: Trust Agreement (Ford Credit Auto Lease Trust 2015-B), Trust Agreement (Ford Credit Auto Lease Trust 2015-B), Trust Agreement (Ford Credit Auto Lease Trust 2015-A)

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Organizational Expenses of the Issuer. The Depositor Depositors will, or will cause the Administrator to, pay the organizational expenses of the Issuer as they may arise or, upon the request of the Owner Trustee, the Depositor Depositors will, or will cause the Administrator to, promptly reimburse the Owner Trustee for any such expenses paid by the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Ford Credit Floorplan LLC), Trust Agreement (Ford Credit Floorplan Corp)

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