Transactions with Affiliates; Other Transactions. In carrying out any of its obligations under this Agreement, the Indenture Administrator may enter into transactions or otherwise deal with any of its Affiliates. Nothing in this Agreement will prevent the Indenture Administrator or its Affiliates from engaging in other businesses or from acting in a similar capacity as an administrator for any other person or entity even though such person or entity may engage in business activities similar to those of the Issuer.
Appears in 15 contracts
Samples: Administration Agreement (Ford Credit Auto Lease Trust 2014-A), Administration Agreement (Ford Credit Auto Lease Trust 2014-A), Administration Agreement (Ford Credit Auto Lease Trust 2013-B)
Transactions with Affiliates; Other Transactions. In carrying out any of its obligations under this Agreement, the Indenture Administrator may enter into transactions or otherwise deal with any of its Affiliates. Nothing in this Agreement will prevent the Indenture Administrator or its Affiliates from engaging in other businesses or from acting in a similar capacity as an administrator for any other person or entity even though such the person or entity may engage in business activities similar to those of the Issuer.
Appears in 7 contracts
Samples: Administration Agreement (Ford Credit Auto Lease Trust 2015-B), Administration Agreement (Ford Credit Auto Lease Trust 2015-B), Administration Agreement (Ford Credit Auto Lease Trust 2015-A)