Common use of Transactions with Affiliates; Other Transactions Clause in Contracts

Transactions with Affiliates; Other Transactions. In performing its obligations under this Agreement, the Administrator may enter into transactions or deal with any of its Affiliates. This Agreement will not prevent the Administrator or its Affiliates from engaging in other businesses or from acting in a similar capacity as an administrator for any other Person even though that Person may engage in activities similar to those of the Issuer.

Appears in 101 contracts

Samples: Administration Agreement (Ford Credit Auto Owner Trust 2024-B), Administration Agreement (Ford Credit Auto Owner Trust 2024-B), Administration Agreement (Ford Credit Auto Owner Trust 2024-A)

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Transactions with Affiliates; Other Transactions. In performing carrying out any of its obligations under this Agreement, the Administrator may enter into transactions or otherwise deal with any of its Affiliates. This Nothing in this Agreement will not prevent the Administrator or its Affiliates from engaging in other businesses or from acting in a similar capacity as an administrator for any other Person person or entity even though that Person such person or entity may engage in business activities similar to those of the Issuer.

Appears in 31 contracts

Samples: Administration Agreement (Ford Credit Floorplan LLC), Administration Agreement (Ford Credit Auto Owner Trust 2014-A), Administration Agreement (Ford Credit Auto Owner Trust 2014-A)

Transactions with Affiliates; Other Transactions. In performing carrying out any of its obligations under this Agreement, the Administrator may enter into transactions or otherwise deal with any of its Affiliates. This Nothing in this Agreement will not prevent the Administrator or its Affiliates from engaging in other businesses or from acting in a similar capacity as an administrator for any other Person person or entity even though that Person person or entity may engage in business activities similar to those of the Issuer.

Appears in 8 contracts

Samples: Administration Agreement (Ford Credit Auto Owner Trust 2015-B), Administration Agreement (Ford Credit Auto Owner Trust 2015-B), Administration Agreement (Ford Credit Auto Owner Trust 2015-A)

Transactions with Affiliates; Other Transactions. In performing carrying out any of its obligations under this Agreement, the Administrator may enter into transactions or otherwise deal with any of its Affiliates. This Nothing in this Agreement will not prevent the Administrator or its Affiliates from engaging in other businesses or from acting in a similar capacity as an administrator administra­tor for any other Person person or entity even though that Person such person or entity may engage in business activities similar to those of the Issuer.

Appears in 6 contracts

Samples: Administration Agreement (Ford Credit Auto Owner Trust 2009-A), Administration Agreement (Ford Credit Auto Owner Trust 2009-B), Administration Agreement (Ford Credit Auto Owner Trust 2009-D)

Transactions with Affiliates; Other Transactions. In performing carrying out its obligations under this Agreement, the Administrator may enter into transactions or deal with any of its Affiliates. This Agreement will not prevent the Administrator or its Affiliates from engaging in other businesses or from acting in a similar capacity as an administrator for any other Person even though that Person may engage in activities similar to those of the Issuer.

Appears in 5 contracts

Samples: Administration Agreement (Ford Credit Auto Receivables Two LLC), Administration Agreement (Ford Credit Auto Receivables Two LLC), Administration Agreement (Ford Credit Auto Receivables Two LLC)

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Transactions with Affiliates; Other Transactions. In performing carrying out any of its obligations under this Agreement, the Administrator may enter into transactions or otherwise deal with any of its Affiliates. This Nothing in this Agreement will not prevent the Administrator or its Affiliates from engaging in other businesses or from acting in a similar capacity as an administrator administra-tor for any other Person person or entity even though that Person such person or entity may engage in business activities similar to those of the Issuer.

Appears in 3 contracts

Samples: Administration Agreement (Ford Credit Auto Owner Trust 2006-B), Administration Agreement (Ford Credit Auto Owner Trust 2006-C), Administration Agreement (Ford Credit Auto Owner Trust 2006-A)

Transactions with Affiliates; Other Transactions. In performing its obligations under this Agreement, the Administrator may enter into transactions or deal with any of its Affiliates. This Agreement will not prevent the Administrator or its Affiliates from engaging in other businesses or from acting in a similar capacity as an administrator for any other Person even though that Person may engage in activities similar to those of the IssuerTrust.

Appears in 3 contracts

Samples: Administration Agreement (Verizon Master Trust), Administration Agreement (Verizon Master Trust), Administration Agreement (Verizon Master Trust)

Transactions with Affiliates; Other Transactions. In performing carrying out any of its obligations under this Agreement, the Administrator may enter into transactions or otherwise deal with any of its Affiliates. This Nothing in this Agreement will not prevent the Administrator or its Affiliates from engaging in other businesses or from acting in a similar capacity as an administrator for any other Person person or entity even though that Person such person or entity may engage in business activities similar to those of the IssuerIssuer .

Appears in 1 contract

Samples: Administration Agreement (Ford Credit Auto Owner Trust 2008-A)

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