Common use of Remedies on Acceleration Clause in Contracts

Remedies on Acceleration. If an Exchange Note Event of Default has occurred and the 20 - Exchange Note has been accelerated, the 20 - Exchange Noteholder may take the actions stated in Section 6.6(a) of the Credit and Security Agreement.

Appears in 3 contracts

Samples: Credit and Security Agreement (CAB West LLC), Credit and Security Agreement (CAB East LLC), Credit and Security Agreement (CAB East LLC)

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Remedies on Acceleration. If an Exchange Note Event of Default has occurred and the 20 - 2018-B Exchange Note has been accelerated, the 20 - 2018-B Exchange Noteholder may take the actions stated in Section 6.6(a) of the Credit and Security Agreement.

Appears in 3 contracts

Samples: Credit and Security Agreement, Credit and Security Agreement (Ford Credit Auto Lease Trust 2018-B), Credit and Security Agreement (Ford Credit Auto Lease Trust 2018-B)

Remedies on Acceleration. If an Exchange Note Event of Default has occurred and the 20 - 2023-B Exchange Note has been accelerated, the 20 - 2023-B Exchange Noteholder may take the actions stated in Section 6.6(a) of the Credit and Security Agreement.

Appears in 2 contracts

Samples: Credit and Security Agreement (Ford Credit Auto Lease Trust 2023-B), Credit and Security Agreement (Ford Credit Auto Lease Trust 2023-B)

Remedies on Acceleration. If an Exchange Note Event of Default has occurred and the 20 - 2019-B Exchange Note has been accelerated, the 20 - 2019-B Exchange Noteholder may take the actions stated in Section 6.6(a) of the Credit and Security Agreement.

Appears in 2 contracts

Samples: 2019 B Exchange Note Supplement (Ford Credit Auto Lease Trust 2019-B), Credit and Security Agreement (Ford Credit Auto Lease Trust 2019-B)

Remedies on Acceleration. If an Exchange Note Event of Default has occurred and the 20 - 2016-A Exchange Note has been accelerated, the 20 - 2016-A Exchange Noteholder may take the actions stated in Section 6.6(a) of the Credit and Security Agreement.

Appears in 2 contracts

Samples: Credit and Security Agreement (Ford Credit Auto Lease Two LLC), Credit and Security Agreement (Ford Credit Auto Lease Two LLC)

Remedies on Acceleration. If an Exchange Note Event of Default has occurred and the 20 - 2017-B Exchange Note has been accelerated, the 20 - 2017-B Exchange Noteholder may take the actions stated in Section 6.6(a) of the Credit and Security Agreement.

Appears in 2 contracts

Samples: Credit and Security Agreement (Ford Credit Auto Lease Trust 2017-B), Credit and Security Agreement (Ford Credit Auto Lease Trust 2017-B)

Remedies on Acceleration. If an Exchange Note Event of Default has occurred and the 20 - 2024-A Exchange Note has been accelerated, the 20 - 2024-A Exchange Noteholder may take the actions stated in Section 6.6(a) of the Credit and Security Agreement.

Appears in 2 contracts

Samples: Credit and Security Agreement (Ford Credit Auto Lease Trust 2024-A), Credit and Security Agreement (Ford Credit Auto Lease Trust 2024-A)

Remedies on Acceleration. If an Exchange Note Event of Default has occurred and the 20 - 2018-A Exchange Note has been accelerated, the 20 - 2018-A Exchange Noteholder may take the actions stated in Section 6.6(a) of the Credit and Security Agreement.

Appears in 2 contracts

Samples: Exchange Note Supplement (Ford Credit Auto Lease Trust 2018-A), Credit and Security Agreement (Ford Credit Auto Lease Trust 2018-A)

Remedies on Acceleration. If an Exchange Note Event of Default has occurred and the 20 - 2021-B Exchange Note has been accelerated, the 20 - 2021-B Exchange Noteholder may take the actions stated in Section 6.6(a) of the Credit and Security Agreement.

Appears in 2 contracts

Samples: Credit and Security Agreement (Ford Credit Auto Lease Trust 2021-B), Credit and Security Agreement (Ford Credit Auto Lease Trust 2021-B)

Remedies on Acceleration. If an Exchange Note Event of Default has occurred and the 20 - 2020-B Exchange Note has been accelerated, the 20 - 2020-B Exchange Noteholder may take the actions stated in Section 6.6(a) of the Credit and Security Agreement.

Appears in 2 contracts

Samples: Credit and Security Agreement (Ford Credit Auto Lease Trust 2020-B), Credit and Security Agreement (Ford Credit Auto Lease Trust 2020-B)

Remedies on Acceleration. If an Exchange Note Event of Default has occurred and the 20 - 2023-A Exchange Note has been accelerated, the 20 - 2023-A Exchange Noteholder may take the actions stated in Section 6.6(a) of the Credit and Security Agreement.

Appears in 2 contracts

Samples: Credit and Security Agreement (Ford Credit Auto Lease Trust 2023-A), Credit and Security Agreement (Ford Credit Auto Lease Trust 2023-A)

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Remedies on Acceleration. If an Exchange Note Event of Default has occurred and the 20 - 2024-B Exchange Note has been accelerated, the 20 - 2024-B Exchange Noteholder may take the actions stated in Section 6.6(a) of the Credit and Security Agreement.

Appears in 2 contracts

Samples: Credit and Security Agreement (Ford Credit Auto Lease Trust 2024-B), Credit and Security Agreement (Ford Credit Auto Lease Trust 2024-B)

Remedies on Acceleration. If an Exchange Note Event of Default has occurred and the 20 - 2021-A Exchange Note has been accelerated, the 20 - 2021-A Exchange Noteholder may take the actions stated in Section 6.6(a) of the Credit and Security Agreement.

Appears in 2 contracts

Samples: Credit and Security Agreement (Ford Credit Auto Lease Trust 2021-A), Credit and Security Agreement (Ford Credit Auto Lease Trust 2021-A)

Remedies on Acceleration. If an Exchange Note Event of Default has occurred and the 20 - 2020-A Exchange Note has been accelerated, the 20 - 2020-A Exchange Noteholder may take the actions stated in Section 6.6(a) of the Credit and Security Agreement.

Appears in 2 contracts

Samples: 2020 a Exchange Note Supplement (Ford Credit Auto Lease Trust 2020-A), Credit and Security Agreement (Ford Credit Auto Lease Trust 2020-A)

Remedies on Acceleration. If an Exchange Note Event of Default has occurred and the 20 - 2022-A Exchange Note has been accelerated, the 20 - 2022-A Exchange Noteholder may take the actions stated in Section 6.6(a) of the Credit and Security Agreement.

Appears in 2 contracts

Samples: Credit and Security Agreement (Ford Credit Auto Lease Trust 2022-A), Credit and Security Agreement (Ford Credit Auto Lease Trust 2022-A)

Remedies on Acceleration. If an Exchange Note Event of Default has occurred and the 20 - 2017-A Exchange Note has been accelerated, the 20 - 2017-A Exchange Noteholder may take the actions stated in Section 6.6(a) of the Credit and Security Agreement.

Appears in 2 contracts

Samples: Credit and Security Agreement (Ford Credit Auto Lease Trust 2017-A), Credit and Security Agreement (Ford Credit Auto Lease Two LLC)

Remedies on Acceleration. If an Exchange Note Event of Default has occurred and the 20 - 2019-A Exchange Note has been accelerated, the 20 - 2019-A Exchange Noteholder may take the actions stated in Section 6.6(a) of the Credit and Security Agreement.

Appears in 2 contracts

Samples: Credit and Security Agreement (Ford Credit Auto Lease Trust 2019-A), Credit and Security Agreement (Ford Credit Auto Lease Trust 2019-A)

Remedies on Acceleration. If an Exchange Note Event of Default has occurred and the 20 - 20__-__ Exchange Note has been accelerated, the 20 - 20__-__ Exchange Noteholder may take the actions stated in Section 6.6(a) of the Credit and Security Agreement.

Appears in 1 contract

Samples: Credit and Security Agreement (CAB East LLC)

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