Common use of Resignation and Termination Clause in Contracts

Resignation and Termination. A Note Paying Agent may resign by notifying the Indenture Trustee, the Administrator and the Issuer. The Indenture Trustee may terminate the agency of a Note Paying Agent by notifying the Note Paying Agent, the Administrator and the Issuer.

Appears in 114 contracts

Samples: Indenture (Ford Credit Auto Owner Trust 2024-D), Indenture (Ford Credit Auto Receivables Two LLC), Indenture (Ford Credit Auto Owner Trust 2024-C)

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Resignation and Termination. A Note Paying Agent may resign by notifying the Indenture Trustee, the Administrator Administrator, the Master Collateral Agent and the IssuerTrust. The Indenture Trustee may terminate the agency of a Note Paying Agent by notifying the Note Paying Agent, the Administrator Administrator, the Master Collateral Agent and the IssuerTrust.

Appears in 42 contracts

Samples: Indenture (Verizon Master Trust), Indenture (Verizon Master Trust), Indenture (Verizon Master Trust)

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Resignation and Termination. A Note Paying Agent may resign by notifying giving notice of resignation to the Indenture Trustee, the Administrator and the Issuer. The Indenture Trustee may terminate the agency of a Note Paying Agent by notifying giving notice of termination to the Note Paying Agent, the Administrator and the Issuer.

Appears in 5 contracts

Samples: Indenture (Ford Credit Auto Receivables Two LLC), Indenture (Ford Credit Auto Receivables Two LLC), Indenture (Ford Credit Auto Receivables Two LLC)

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