Sole Noteholder. The Note Registrar and the Indenture Trustee may deal with the Clearing Agency as the sole Noteholder of the Book-Entry Notes for all purposes of this Indenture and will not be obligated to the Note Owners, except as stated in Section 7.2.
Appears in 89 contracts
Samples: Indenture (Ford Credit Auto Owner Trust 2024-B), Indenture (Ford Credit Auto Owner Trust 2024-B), Indenture (Ford Credit Auto Owner Trust 2024-A)
Sole Noteholder. The Note Registrar and the Indenture Trustee may deal with the Clearing Agency as the sole Noteholder of the Book-Entry Notes for all purposes of this Indenture and will not be obligated to the Note Owners, except as stated in Section 7.27.1.
Appears in 61 contracts
Samples: Indenture (Verizon Master Trust), Transfer and Servicing Agreement (Verizon Owner Trust 2020-C), Transfer and Servicing Agreement (Verizon Owner Trust 2020-A)
Sole Noteholder. The Note Registrar and the Indenture Trustee may deal with the Clearing Agency as the sole Noteholder of the Book-Entry Notes for all purposes of this Indenture and will not be obligated to the Note Owners[[, except as stated in Section 7.27.1]].
Appears in 1 contract
Samples: Verizon Master Trust
Sole Noteholder. The Note Registrar and the Indenture Trustee may will be entitled to deal with the Clearing Agency as the sole Noteholder of the Book-Entry Notes for all purposes of this Indenture and will not be obligated have no obligation to the Note Owners, except as stated in Section 7.2.
Appears in 1 contract