Acknowledgement of Further Assignments. The Depositor acknowledges that, under the Indenture, the Issuer will assign and pledge the Sold Property and related property and rights to the Indenture Trustee for the benefit of the Secured Parties.
Appears in 51 contracts
Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2023-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2017-C), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2018-A)
Acknowledgement of Further Assignments. The Depositor acknowledges that, under the Indenture, the Issuer will assign and pledge the Sold Depositor Transferred Property and related property and rights to the Indenture Trustee for the benefit of the Secured Parties.
Appears in 24 contracts
Samples: Transfer and Servicing Agreement (Vzot 2018-A), Transfer and Servicing Agreement (Verizon Owner Trust 2019-C), Transfer and Servicing Agreement (Verizon Owner Trust 2020-C)
