Servicer’s Receivables Systems. On and after the Closing Date, until a Receivable has been paid in full or repurchased, the Servicer will xxxx its receivables systems to indicate clearly that the Receivable is owned by the Issuer and has been pledged to the Indenture Trustee under the Indenture.
Appears in 40 contracts
Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2022-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2022-A), Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC)
Servicer’s Receivables Systems. On and after the Closing Date or Acquisition Date, as applicable, until a Receivable has been paid in full full, acquired or repurchasedsold to a third party under Section 3.4, the Servicer will xxxx its receivables systems to indicate clearly that the Receivable is owned by the Issuer and has been pledged to the Indenture Trustee under the Indenture.
Appears in 24 contracts
Samples: Omnibus Amendment (Verizon Owner Trust 2020-A), Omnibus Amendment (Verizon Owner Trust 2020-C), Transfer and Servicing Agreement (Verizon Owner Trust 2020-B)
Servicer’s Receivables Systems. On and after the Closing Date, until a Receivable has been paid in full or repurchased, the Servicer will xxxx mark its receivables systems to indicate clearly that the Receivable is owned by the Issuer and has been pledged to the Indenture Trustee under the Indenture.
Appears in 19 contracts
Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2024-D), Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2024-C)
Servicer’s Receivables Systems. On and after the Closing Date, until a Receivable has been paid in full or repurchased, the Servicer will xxxx mxxx its receivables systems to indicate clearly that the Receivable is owned by the Issuer and has been pledged to the Indenture Trustee under the Indenture.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2022-B)
