Resignation and Removal of the Administrator Sample Clauses

Resignation and Removal of the Administrator. (a) Subject to Section 5.2(a), the Administrator may resign its duties under this Agreement by providing the Issuer, the Owner Trustee and the Indenture Trustee with at least 60 days’ prior notice.

Resignation and Removal of the Administrator. TERM OF AGREEMENT

Resignation and Removal of the Administrator. TERM OF AGREEMENT 8 Section 5.1. Resignation and Removal of the Administrator. 8 Section 5.2. Appointment of Successor Administrator. 9 Section 5.3. Action upon Termination, Resignation or Removal 9 Section 5.4. Term of Agreement 9 ARTICLE VI MISCELLANEOUS 10 Section 6.1. Independence of the Administrator 10 Section 6.2. Transactions with Affiliates; Other Transactions 10 Section 6.3. Amendments 10 Section 6.4. Notices. 10 Section 6.5. Assignment 11 Section 6.6. Third-Party Beneficiary 11 Section 6.7. GOVERNING LAW 11 Section 6.8. Submission to Jurisdiction 11 Section 6.9. WAIVER OF JURY TRIAL 11 Section 6.10. Severability 12 Section 6.11. Counterparts 12 Section 6.12. Headings 12

Resignation and Removal of the Administrator. TERM OF AGREEMENT 8 Section 5.1. Resignation and Removal of the Administrator. 8 Section 5.2. Appointment of Successor Administrator. 8 Section 5.3. Action upon Termination, Resignation or Removal 8 Section 5.4. Term of Agreement 9 ARTICLE VI MISCELLANEOUS 9 Section 6.1. Independence of the Administrator 9 Section 6.2. Transactions with Affiliates; Other Transactions 9 Section 6.3. Amendments 9 Section 6.4. Notices. 10 Section 6.5. Assignment 10 Section 6.6. Third-Party Beneficiary 10 Section 6.7. GOVERNING LAW 10 Section 6.8. Submission to Jurisdiction 11 Section 6.9. WAIVER OF JURY TRIAL 11 Section 6.10. Severability 11 Section 6.11. Counterparts 11 Section 6.12. Headings 11 Section 6.13. No Petition. 11 Section 6.14. Not Applicable to Ford Credit in Other Capacities 11 Section 6.15. Limitation of Liability of Owner Trustee and Indenture Trustee. 12 ADMINISTRATION AGREEMENT, dated as of April 1, 2010 (this "Agreement"), among FORD CREDIT AUTO OWNER TRUST 2010-A, a Delaware statutory trust, as Issuer, FORD MOTOR CREDIT COMPANY LLC, a Delaware limited liability company, as Administrator, and THE BANK OF NEW YORK MELLON, a New York banking corporation, not in its individual capacity but solely as Indenture Trustee.

Resignation and Removal of the Administrator. (a) The Administrator may at any time, by giving written notice to the Pledgor and the Lenders, resign and be discharged of the responsibilities hereby created, such resignation to become effective upon (i) the appointment of a successor collateral administrator, (ii) the approval of such successor collateral administrator (evidenced in writing) by the Required Lenders, and (iii) the acceptance of such appointment by such successor collateral administrator. The Administrator may be removed at any time only for cause and a successor collateral administrator appointed by the affirmative vote of the Required Lenders; provided that the Administrator shall be entitled to its fees and expenses to the date of removal. If no successor collateral administrator is appointed within 30 days from the date of the giving of the aforesaid notice of resignation or within 30 days from the date of such removal, the Administrator (notwithstanding the termination of all of its other duties and obligations hereunder by reason of such resignation) shall, or any Lender may, apply to any court of competent jurisdiction to appoint a successor collateral administrator to act until such time, if any, as a successor collateral administrator shall have been appointed as above provided. Any successor collateral administrator so appointed by such court shall immediately and without further act be superseded by any successor collateral administrator approved by the Required Lenders as above provided. (b) If at any time the Administrator shall be removed or otherwise become incapable of acting, or if at any time a vacancy shall occur in the office of the Administrator for any other cause, a successor collateral administrator may be appointed by the Required Lenders, and the powers, duties, authority and title of the predecessor collateral administrator may be terminated and canceled without procuring the resignation of such predecessor collateral administrator, and without any other formality (except as may be required by applicable law) than the appointment and designation of a successor collateral administrator in writing, duly acknowledged, delivered to the predecessor collateral administrator and the Pledgor, and filed for record in each public office, if any, in which this Agreement is required to be filed. (c) The appointment and designation referred to in the foregoing subsection (b) shall, after any required filing, be full evidence of the right and authority to make the same and o...

Resignation and Removal of the Administrator. TERM OF AGREEMENT 8 Section 5.1. Resignation and Removal of the Administrator. 8 Section 5.2. Appointment of Successor Administrator. 9 Section 5.3. Action upon Termination, Resignation or Removal 9 Section 5.4. Term of Agreement 9 ARTICLE VI MISCELLANEOUS 10 Section 6.1. Independence of the Administrator 10 Section 6.2. Transactions with Affiliates; Other Transactions 10 Section 6.3. Amendments 10 Section 6.4. Notices. 10 Section 6.5. Assignment 11 Section 6.6. Third-Party Beneficiary 11

Resignation and Removal of the Administrator. (a) The Administrator shall not resign from the obligations and duties imposed on it as Administrator under this Agreement except (i) upon determination that the performance of its duties under this Agreement shall no longer be permissible under applicable law or shall violate any final order of a court or administrative agency with jurisdiction over the Administrator or its properties or (ii) with the prior written consent of each GSE, upon the written acceptance by a successor Administrator selected by the Administrator. Notice of any such determination permitting or requiring the resignation of the Administrator pursuant to clause (i) above shall be communicated to the GSEs at the earliest practicable time (and, if such communication is not in writing, shall be confirmed in writing at the earliest practicable time) and any such determination shall be evidenced by a written opinion of counsel to such effect delivered to the GSEs concurrently with or promptly after such notice. No such resignation shall become effective until a successor Administrator reasonably acceptable to the GSEs shall have assumed the responsibilities and obligations of the resigning Administrator in accordance with Section 15(d) below.