Common use of Relocation of Depositor Clause in Contracts

Relocation of Depositor. The Depositor will notify the Owner Trustee and the Indenture Trustee at least ten days before a relocation of its chief executive office or change in its corporate structure, form of organization or jurisdiction of organization if it could require the filing of a new financing statement or amendment under Section 9-307 of the UCC. The Depositor will promptly file new financing statements or amendments to all previously filed financing statements or amendments. The Depositor will maintain its chief executive office within the United States and will maintain its jurisdiction of organization in only one State.

Appears in 53 contracts

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

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Relocation of Depositor. The Depositor will notify the Owner Trustee and the Indenture Trustee at least ten (10) days before a relocation of its chief executive office or change in its corporate structure, form of organization or jurisdiction of organization if it could require the filing of a new financing statement or an amendment to a previously filed financing statement under Section 9-307 of the UCC. The If required, the Depositor will promptly file new financing statements or amendments to all previously filed financing statements or amendmentsstatements. The Depositor will maintain its chief executive office within the United States and will maintain its jurisdiction of organization in only one State.

Appears in 20 contracts

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

Relocation of Depositor. The Depositor will notify the Owner Trustee and the Indenture Trustee at least ten days before a relocation of its chief executive office or change in its corporate structure, form of organization or jurisdiction of organization if it could require the filing of a new financing statement or an amendment to a previously filed financing statement under Section 9-307 of the UCC. The Depositor will promptly file new financing statements or amendments to all previously filed financing statements or amendmentsstatements. The Depositor will maintain its chief executive office within the United States and will maintain its jurisdiction of organization in only one State.

Appears in 20 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2017-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2017-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2016-C)

Relocation of Depositor. The Depositor will notify the Owner Trustee and the Indenture Trustee at least ten days before a relocation of its chief executive office or change in its corporate structure, form of organization or jurisdiction of organization if it could require the filing of a new financing statement or amendment under Section 9-9 307 of the UCC. The Depositor will promptly file new financing statements or amendments to all previously filed financing statements or amendments. The Depositor will maintain its chief executive office within the United States and will maintain its jurisdiction of organization in only one State.

Appears in 18 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2021-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2021-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2020-C)

Relocation of Depositor. The Depositor will notify the Owner Trustee and the Indenture Trustee Master Collateral Agent at least ten (10) days before a relocation of its chief executive office or change in its corporate structure, form of organization or jurisdiction of organization if it could require the filing of a new financing statement or an amendment to a previously filed financing statement under Section 9-307 of the UCC. The If required, the Depositor will promptly file new financing statements or amendments to all previously filed financing statements or amendmentsstatements. The Depositor will maintain its chief executive office within the United States and will maintain its jurisdiction of organization in only one State.

Appears in 5 contracts

Samples: Transfer and Servicing Agreement (Verizon Master Trust), Transfer and Servicing Agreement (Verizon Master Trust), Transfer and Servicing Agreement (Verizon Master Trust)

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Relocation of Depositor. The Depositor will notify the Owner Trustee and the Indenture Trustee at least ten days before a relocation of its chief executive office or change in its corporate structure, form of organization or jurisdiction of organization if it could require the filing of a new financing statement or amendment under Section 9-9 307 of the UCC. The Depositor will promptly file new financing statements or amendments to all previously filed financing statements or amendmentsamendment. The Depositor will maintain its chief executive office within the United States and will maintain its jurisdiction of organization in only one State.

Appears in 4 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2017-C), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2017-C), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2017-B)

Relocation of Depositor. The Depositor will notify the Owner Trustee and the Indenture Trustee at least [ten (10)] days before a relocation of its chief executive office or change in its corporate structure, form of organization or jurisdiction of organization if it could require the filing of a new financing statement or an amendment to a previously filed financing statement under Section 9-307 of the UCC. The If required, the Depositor will promptly file new financing statements or amendments to all previously filed financing statements or amendmentsstatements. The Depositor will maintain its chief executive office within the United States and will maintain its jurisdiction of organization in only one State.

Appears in 3 contracts

Samples: Transfer and Servicing Agreement (Verizon ABS LLC), Transfer and Servicing Agreement (Verizon ABS LLC), Transfer and Servicing Agreement (Verizon ABS LLC)

Relocation of Depositor. The Depositor will notify the Owner Trustee and the Indenture Trustee at least ten (10) days before a relocation of its chief executive office or change in its corporate structure, form of organization or jurisdiction of organization if it could require the filing of a new financing statement or an amendment to a previously filed financing statement under Section 9-307 of the UCC. The If required, the Depositor will promptly file new financing statements or amendments to all previously filed financing statements or amendmentsstatements. The Depositor will maintain its chief executive e office within the United States and will maintain its jurisdiction of organization in only one State.

Appears in 1 contract

Samples: Transfer and Servicing Agreement (Verizon Owner Trust 2019-C)

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