Common use of Assignment by the Depositor or the Servicer Clause in Contracts

Assignment by the Depositor or the Servicer. Except as provided in Sections 6.4, 6.6 and 7.2, this Agreement may not be assigned by the Depositor or the Servicer without the prior consent of the Owner Trustee, the Indenture Trustee, the holder of the Residual Interest and the Noteholders of at least 66-2/3% of the Note Balance of the Notes.

Appears in 25 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2013-D), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2013-C), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2014-A)

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Assignment by the Depositor or the Servicer. Except as provided in Sections 6.4, 6.6 and 7.2, this Agreement may not be assigned by the Depositor or the Servicer without the prior consent of the Owner Trustee, the Indenture Trustee, the holder of the Residual Interest and the Noteholders of at least 66-2/3% of the Note Balance of the NotesNotes Outstanding.

Appears in 12 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2010-B), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2011-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2012-A)

Assignment by the Depositor or the Servicer. Except (a) Notwithstanding anything to the contrary contained herein, except as provided in Sections 6.47.04, 6.6 8.02 and 7.210.04(b), this Agreement may not be assigned by the Depositor or the Servicer without the prior written consent of the Owner Trustee, the Indenture Trustee, the holder Trustees and Holders of the Residual Interest and the Noteholders of Notes evidencing at least 66-66 2/3% of the Note Balance of the NotesControlling Class.

Appears in 10 contracts

Samples: Sale and Servicing Agreement (California Republic Auto Receivables Trust 2016-1), Sale and Servicing Agreement (California Republic Funding LLC), Sale and Servicing Agreement (California Republic Auto Receivables Trust 2016-2)

Assignment by the Depositor or the Servicer. Except as provided in Sections 6.4, 6.6 and 7.2, this Agreement may not be assigned by the Depositor or the Servicer without the prior consent of the Owner Trustee, the Indenture Trustee, the holder of the Residual Interest and the Noteholders of at least 66-66 2/3% of the Note Balance of the NotesNotes Outstanding.

Appears in 10 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2008-B), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2007-B), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2006-B)

Assignment by the Depositor or the Servicer. Except Notwithstanding anything to the contrary contained herein, except as provided in Sections 6.4, 6.6 Section 7.04 herein and 7.2as provided in the provisions of this Agreement concerning the resignation of the Servicer, this Agreement may not be assigned by the Depositor or the Servicer without the prior written consent of the Owner Trustee, the Indenture Trustee, the holder Owner Trustee and Holders of the Residual Interest and the Noteholders of Notes evidencing at least 66-66 2/3% of the Note Balance of the NotesOutstanding Notes of the Controlling Class.

Appears in 6 contracts

Samples: Sale and Servicing Agreement (California Republic Auto Receivables Trust 2015-1), Sale and Servicing Agreement (California Republic Funding LLC), Sale and Servicing Agreement (California Republic Funding LLC)

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Assignment by the Depositor or the Servicer. Except (a) Notwithstanding anything to the contrary contained herein, except as provided in Sections 6.47.04, 6.6 8.02 and 7.210.04(b), this Agreement may not be assigned by the Depositor or the Servicer without the prior written consent of the Owner Trustee, the Indenture Trustee, the holder Trustees and Holders of the Residual Interest and the Noteholders of Notes evidencing at least 66-2/3% of the Note Balance of the NotesControlling Class.

Appears in 3 contracts

Samples: Sale and Servicing Agreement (California Republic Auto Receivables Trust 2018-1), Sale and Servicing Agreement (California Republic Funding LLC), Sale and Servicing Agreement (California Republic Auto Receivables Trust 2018-1)

Assignment by the Depositor or the Servicer. Except Notwithstanding anything to the contrary contained herein, except as provided in Sections 6.4, 6.6 Section 7.04 herein and 7.2as provided in the provisions of this Agreement concerning the resignation of the Servicer, this Agreement may not be assigned by the Depositor or the Servicer without the prior written consent of the Owner Trustee, the Indenture Trustee, the holder Owner Trustee and Holders of the Residual Interest and the Noteholders of Notes evidencing at least 66-66 2/3% of the Note Balance of the NotesControlling Class.

Appears in 3 contracts

Samples: Sale and Servicing Agreement (California Republic Funding LLC), Sale and Servicing Agreement (California Republic Funding LLC), Sale and Servicing Agreement (California Republic Funding LLC)

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