Registration and Indorsement. It will ensure that all financial assets (other than cash) credited to the Collateral Account are registered in the name of the Financial Institution, indorsed to the Financial Institution or in blank or credited to another securities account maintained in the name of the Financial Institution and that no financial asset credited to the Collateral Account is registered in the name of the Grantor, payable to the order of the Grantor or specially indorsed to the Grantor unless it has been indorsed to the Financial Institution or in blank.
Appears in 120 contracts
Samples: Account Control Agreement (Ford Credit Auto Lease Trust 2024-B), Account Control Agreement (Ford Credit Auto Lease Trust 2024-B), Account Control Agreement (Ford Credit Auto Lease Trust 2024-A)
Registration and Indorsement. It will ensure that all financial assets (other than cash) credited to the Collateral Account are registered in the name of the Financial Institution, indorsed to the Financial Institution or in blank or credited to another securities account maintained in the name of the Financial Institution and that no financial asset credited to the Collateral Account is registered in the name of the a Grantor, payable to the order of the a Grantor or specially indorsed to the a Grantor unless it has been indorsed to the Financial Institution or in blank.
Appears in 31 contracts
Samples: Titling Company Account Control Agreement (Ford Credit Auto Lease Trust 2023-A), Titling Company Account Control Agreement (Ford Credit Auto Lease Trust 2023-A), Titling Company Account Control Agreement (CAB East LLC)
Registration and Indorsement. It will ensure that all financial assets (other than cash) credited to the a Collateral Account are registered in the name of the Financial Institution, indorsed to the Financial Institution or in blank or credited to another securities account maintained in the name of the Financial Institution and that no financial asset credited to the a Collateral Account is registered in the name of the Grantor, payable to the order of the Grantor or specially indorsed to the Grantor unless it has been indorsed to the Financial Institution or in blank.
Appears in 11 contracts
Samples: Account Control Agreement (Ford Credit Auto Owner Trust 2024-C), Account Control Agreement (Ford Credit Auto Owner Trust 2024-C), Account Control Agreement (Ford Credit Auto Owner Trust 2024-B)
Registration and Indorsement. It will ensure that all financial assets (other than cash) credited to the a Collateral Account are registered in the name of the Financial Institution, indorsed to the Financial Institution or in blank or credited to another securities account maintained in the name of the Financial Institution and that no financial asset credited to the a Collateral Account is registered in the name of the a Grantor, payable to the order of the a Grantor or specially indorsed to the a Grantor unless it has been indorsed to the Financial Institution or in blank.
Appears in 6 contracts
Samples: Titling Company Account Control Agreement (Ford Credit Auto Lease Trust 2024-B), Titling Company Account Control Agreement (Ford Credit Auto Lease Trust 2024-B), Titling Company Account Control Agreement (Ford Credit Auto Lease Trust 2024-A)
