Common use of Amendments to Clarify and Correct Errors and Defects Clause in Contracts

Amendments to Clarify and Correct Errors and Defects. The parties may amend this Agreement to clarify an ambiguity, correct an error or correct or supplement any term of this Agreement that may be defective or inconsistent with the other terms of this Agreement, in each case, without the consent of the Noteholders, the Certificateholders or any other Person. The parties may amend any term or provision of this Agreement from time to time for the purpose of conforming the terms of this Agreement to the description thereof in the Prospectus, without the consent of Noteholders, the Certificateholders or any other Person.

Appears in 50 contracts

Samples: Transfer and Servicing Agreement (Verizon Owner Trust 2020-B), Transfer and Servicing Agreement (Vzot 2018-A), Transfer and Servicing Agreement (Verizon Owner Trust 2020-C)

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Amendments to Clarify and Correct Errors and Defects. The parties may amend this Agreement to (i) clarify an ambiguity, correct an error or correct or supplement any term of this Agreement that may be defective or inconsistent with the other terms of this Agreement, or (ii) provide for, or facilitate the acceptance of this Agreement by, a successor Owner Trustee, in each case, without the consent of the Noteholders, the Certificateholders or any other Person. The parties may amend any term or provision of this Agreement from time to time for the purpose of conforming the terms of this Agreement to the description thereof in the Prospectus, without the consent of Noteholders, the Certificateholders Noteholders or any other Person.

Appears in 38 contracts

Samples: Trust Agreement (Ford Credit Auto Owner Trust 2016-A), Trust Agreement (Ford Credit Auto Owner Trust 2017-B), Trust Agreement (Ford Credit Auto Receivables Two LLC)

Amendments to Clarify and Correct Errors and Defects. The parties may amend this Agreement to clarify an ambiguity, correct an error or correct or supplement any term of this Agreement that may be defective or inconsistent with the other terms of this Agreement, in each case, without the consent of the Noteholders, the Certificateholders or any other Person. The parties may amend any term or provision of this Agreement from time to time for the purpose of conforming the terms of this Agreement to the description thereof in the Prospectus, without the consent of Noteholders, the Certificateholders Noteholders or any other Person.

Appears in 32 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2017-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2017-A), Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC)

Amendments to Clarify and Correct Errors and Defects. The parties may amend this Agreement to clarify an Agreement, without the consent of the Noteholders for the purpose of curing any ambiguity, correct correcting an error or correct correcting or supplement supplementing any term provision of this Agreement that may be defective or inconsistent with the other terms of this Agreement, in each case, without the consent of the Noteholders, the Certificateholders or any other Person. The parties may amend any term or provision of this Agreement from time to time for the purpose of conforming the terms of this Agreement to the description thereof in the Prospectus, without the consent of Noteholders, the Certificateholders or any other Person.

Appears in 31 contracts

Samples: Account Control Agreement (Verizon Master Trust), Control Agreement (Verizon Master Trust), Control Agreement (Verizon Master Trust)

Amendments to Clarify and Correct Errors and Defects. The parties may amend this Agreement to (i) clarify an ambiguity, correct an error or correct or supplement any term of this Agreement that may be defective or inconsistent with the other terms of this Agreement, or (ii) provide for, or facilitate the acceptance of this Agreement by, a successor Owner Trustee or Delaware Trustee, in each case, without the consent of the Noteholders, the Certificateholders or any other Person. The parties may amend any term or provision of this Agreement from time to time for the purpose of conforming the terms of this Agreement to the description thereof in the Prospectus, without the consent of Noteholders, the Certificateholders Noteholders or any other Person.

Appears in 23 contracts

Samples: Trust Agreement (Ford Credit Auto Lease Trust 2017-B), Trust Agreement (Ford Credit Auto Lease Trust 2019-A), Trust Agreement (Ford Credit Auto Lease Trust 2018-A)

Amendments to Clarify and Correct Errors and Defects. The parties may amend this Agreement to clarify an Agreement, without the consent of any Creditor Representatives or Creditors, for the purpose of curing any ambiguity, correct correcting an error or correct correcting or supplement supplementing any term provision of this Agreement that may be defective or inconsistent with the other terms of this Agreement, in each case, without the consent of the Noteholders, the Certificateholders or any other Person. The parties may amend any term or provision of this Agreement from time to time for the purpose of conforming the terms of this Agreement to the description thereof in the Prospectus, without the consent of Noteholders, the Certificateholders or any other Person.

Appears in 18 contracts

Samples: Transfer and Servicing Agreement (Verizon Master Trust), Transfer and Servicing Agreement (Verizon Master Trust), Account Control Agreement (Verizon Master Trust)

Amendments to Clarify and Correct Errors and Defects. The parties may amend this Agreement to clarify an ambiguity, correct an error or correct or supplement any term of this Agreement that may be defective or inconsistent with the other terms of this Agreement, in each case, without the consent of the Noteholders, the Certificateholders or any other Person. The parties may amend any term or provision of this Agreement from time to time for the purpose of conforming the terms of this Agreement to the description thereof in the Prospectus, without the consent of Noteholders, the Certificateholders or any other Person.

Appears in 16 contracts

Samples: Control Agreement (Verizon Owner Trust 2019-B), Account Control Agreement (Verizon Owner Trust 2020-B), Control Agreement (Verizon ABS LLC)

Amendments to Clarify and Correct Errors and Defects. The parties may amend this Agreement to (i) clarify an ambiguity, correct an error or correct or supplement any term of this Agreement that may be defective or inconsistent with the other terms of this AgreementAgreement or any prospectus or offering memorandum related to the Notes, or (ii) provide for, or facilitate the acceptance of this Agreement by, a successor Owner Trustee, in each case, without the consent of the Noteholders, the Certificateholders or any other Person. The parties may amend any term or provision of this Agreement from time to time for the purpose of conforming the terms of this Agreement to the description thereof in the Prospectus, without the consent of Noteholders, the Certificateholders Noteholders or any other Person.

Appears in 13 contracts

Samples: Trust Agreement (Ford Credit Auto Owner Trust 2023-A), Trust Agreement (Ford Credit Auto Owner Trust 2022-D), Trust Agreement (Ford Credit Auto Owner Trust 2024-A)

Amendments to Clarify and Correct Errors and Defects. The parties may amend this Agreement to clarify an ambiguity, correct an error or correct or supplement any term of this Agreement that may be defective or inconsistent with the other terms of this AgreementAgreement or any prospectus or offering memorandum related to the Notes, in each case, without the consent of the Noteholders, the Certificateholders or any other Person. The parties may amend any term or provision of this Agreement from time to time for the purpose of conforming the terms of this Agreement to the description thereof in the Prospectus, without the consent of Noteholders, the Certificateholders Noteholders or any other Person.

Appears in 13 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2022-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2022-B), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2023-A)

Amendments to Clarify and Correct Errors and Defects. The parties may amend this Agreement to (i) clarify an ambiguity, correct an error or correct or supplement any term of this Agreement that may be defective or inconsistent with the other terms of this AgreementAgreement or any prospectus or offering memorandum related to the Notes, or (ii) provide for, or facilitate the acceptance of this Agreement by, a successor Owner Trustee or Delaware Trustee, in each case, without the consent of the Noteholders, the Certificateholders or any other Person. The parties may amend any term or provision of this Agreement from time to time for the purpose of conforming the terms of this Agreement to the description thereof in the Prospectus, without the consent of Noteholders, the Certificateholders Noteholders or any other Person.

Appears in 8 contracts

Samples: Trust Agreement (Ford Credit Auto Lease Trust 2024-A), Trust Agreement (Ford Credit Auto Lease Trust 2022-A), Trust Agreement (Ford Credit Auto Lease Trust 2023-A)

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Amendments to Clarify and Correct Errors and Defects. The parties may amend this Agreement to clarify an Agreement, without the consent of any Creditor Representatives or Creditors, for the purpose of curing any ambiguity, correct correcting an error or correct correcting or supplement supplementing any term provision of this Agreement that may be defective or inconsistent with the other terms of this AgreementAgreement or providing for, in each case, without or facilitating the consent of the Noteholders, the Certificateholders or any other Person. The parties may amend any term or provision acceptance of this Agreement from time to time for the purpose of conforming the terms of this Agreement to the description thereof in the Prospectusby, without the consent of Noteholders, the Certificateholders or any other Persona successor Asset Representations Reviewer.

Appears in 6 contracts

Samples: Asset Representations Review Agreement (Verizon Master Trust), Asset Representations Review Agreement (Verizon Master Trust), Asset Representations Review Agreement (Verizon Master Trust)

Amendments to Clarify and Correct Errors and Defects. The parties may amend this Agreement or any Servicing Supplement to clarify an ambiguity, correct an error or correct or supplement any term of this Agreement or the Servicing Supplement that may be defective or inconsistent with the other terms of this Agreement, in each case, without the consent of the Noteholders, the Certificateholders or any other Person. The parties may amend any term or provision of this Agreement from time to time for the purpose of conforming the terms of this Agreement to the description thereof in the Prospectus, without the consent of Noteholders, the Certificateholders Exchange Noteholders or any other Person.

Appears in 6 contracts

Samples: Servicing Agreement, Servicing Agreement (CAB East LLC), Servicing Agreement (Ford Credit Auto Lease Trust 2015-A)

Amendments to Clarify and Correct Errors and Defects. The parties may amend this Agreement to clarify an Agreement, without the consent of the [Administrative Agent or Lenders][Noteholders] for the purpose of curing any ambiguity, correct correcting an error or correct correcting or supplement supplementing any term provision of this Agreement that may be defective or inconsistent with the other terms of this Agreement, in each case, without the consent of the Noteholders, the Certificateholders or any other Person. The parties may amend any term or provision of this Agreement from time to time for the purpose of conforming the terms of this Agreement to the description thereof in the Prospectus, without the consent of Noteholders, the Certificateholders or any other Person.

Appears in 2 contracts

Samples: Account Control Agreement (Verizon Master Trust), Control Agreement (Verizon Master Trust)

Amendments to Clarify and Correct Errors and Defects. The parties may amend this Agreement to clarify an ambiguity, correct an error or correct or supplement any term of this Agreement that may be defective or inconsistent with the other terms of this AgreementAgreement [or any prospectus or offering memorandum related to the Notes], in each case, without the consent of the Noteholders, the Certificateholders or any other Person. The parties may amend any term or provision of this Agreement from time to time for the purpose of conforming the terms of this Agreement to the description thereof in the Prospectus, without the consent of Noteholders, the Certificateholders Noteholders or any other Person.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC)

Amendments to Clarify and Correct Errors and Defects. The parties may amend this Agreement to (i) clarify an ambiguity, correct an error or correct or supplement any term of this Agreement that may be defective or inconsistent with the other terms of this AgreementAgreement [or any prospectus or offering memorandum related to the Notes], or (ii) provide for, or facilitate the acceptance of this Agreement by, a successor Owner Trustee [or Delaware Trustee, in each case, ,] without the consent of the Noteholders, the Certificateholders or any other Person. The parties may amend any term or provision of this Agreement from time to time for the purpose of conforming the terms of this Agreement to the description thereof in the Prospectus, without the consent of Noteholders, the Certificateholders Noteholders or any other Person.

Appears in 1 contract

Samples: Trust Agreement (CAB East LLC)

Amendments to Clarify and Correct Errors and Defects. The parties may amend this Agreement to (i) clarify an ambiguity, correct an error or correct or supplement any term of this Agreement that may be defective or inconsistent with the other terms of this AgreementAgreement [or any prospectus or offering memorandum related to the Notes], or (ii) provide for, or facilitate the acceptance of this Agreement by, a successor Owner Trustee, in each case, without the consent of the Noteholders, the Certificateholders or any other Person. The parties may amend any term or provision of this Agreement from time to time for the purpose of conforming the terms of this Agreement to the description thereof in the Prospectus, without the consent of Noteholders, the Certificateholders Noteholders or any other Person.

Appears in 1 contract

Samples: Trust Agreement (Ford Credit Auto Receivables Two LLC)

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