Common use of Benefit of this Supplement Clause in Contracts

Benefit of this Supplement. This Supplement is for the benefit of and will be binding on the parties to this Supplement and their permitted successors and assigns. The 20 - Exchange Noteholder, the Owner Trustee and the Indenture Trustee for the benefit of the Secured Parties will be third-party beneficiaries of this Supplement and may enforce this Supplement against the Borrowers. No other Person will have any right or obligation under this Supplement.

Appears in 3 contracts

Samples: Credit and Security Agreement (CAB West LLC), Credit and Security Agreement (CAB East LLC), Credit and Security Agreement (CAB East LLC)

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Benefit of this Supplement. This Supplement is for the benefit of and will be binding on the parties to this Supplement and their permitted successors and assigns. The 20 - 2018-B Exchange Noteholder, the Owner Trustee and the Indenture Trustee for the benefit of the Secured Parties will be third-party beneficiaries of this Supplement and may enforce this Supplement against the Borrowers. No other Person will have any right or obligation under this Supplement.

Appears in 3 contracts

Samples: Credit and Security Agreement, Credit and Security Agreement (Ford Credit Auto Lease Trust 2018-B), Credit and Security Agreement (Ford Credit Auto Lease Trust 2018-B)

Benefit of this Supplement. This Supplement is for the benefit of and will be binding on the parties to this Supplement and their permitted successors and assigns. The 20 - 2019-B Exchange Noteholder, the Owner Trustee and the Indenture Trustee for the benefit of the Secured Parties will be third-party beneficiaries of this Supplement and may enforce this Supplement against the Borrowers. No other Person will have any right or obligation under this Supplement.

Appears in 2 contracts

Samples: Credit and Security Agreement (Ford Credit Auto Lease Trust 2019-B), Credit and Security Agreement (Ford Credit Auto Lease Trust 2019-B)

Benefit of this Supplement. This Supplement is for the benefit of and will be binding on the parties to this Supplement and their permitted successors and assigns. The 20 - 2022-A Exchange Noteholder, the Owner Trustee and the Indenture Trustee for the benefit of the Secured Parties will be third-party beneficiaries of this Supplement and may enforce this Supplement against the Borrowers. No other Person will have any right or obligation under this Supplement.

Appears in 2 contracts

Samples: Exchange Note Supplement (Ford Credit Auto Lease Trust 2022-A), Exchange Note Supplement (Ford Credit Auto Lease Trust 2022-A)

Benefit of this Supplement. This Supplement is for the benefit of and will be binding on the parties to this Supplement and their permitted successors and assigns. The 20 - 2020-B Exchange Noteholder, the Owner Trustee and the Indenture Trustee for the benefit of the Secured Parties will be third-party beneficiaries of this Supplement and may enforce this Supplement against the Borrowers. No other Person will have any right or obligation under this Supplement.

Appears in 2 contracts

Samples: Credit and Security Agreement (Ford Credit Auto Lease Trust 2020-B), Credit and Security Agreement (Ford Credit Auto Lease Trust 2020-B)

Benefit of this Supplement. This Supplement is for the benefit of and will be binding on the parties to this Supplement and their permitted successors and assigns. The 20 - 2020-A Exchange Noteholder, the Owner Trustee and the Indenture Trustee for the benefit of the Secured Parties will be third-party beneficiaries of this Supplement and may enforce this Supplement against the Borrowers. No other Person will have any right or obligation under this Supplement.

Appears in 2 contracts

Samples: Credit and Security Agreement (Ford Credit Auto Lease Trust 2020-A), Credit and Security Agreement (Ford Credit Auto Lease Trust 2020-A)

Benefit of this Supplement. This Supplement is for the benefit of and will be binding on the parties to this Supplement and their permitted successors and assigns. The 20 - 2018-A Exchange Noteholder, the Owner Trustee and the Indenture Trustee for the benefit of the Secured Parties will be third-party beneficiaries of this Supplement and may enforce this Supplement against the Borrowers. No other Person will have any right or obligation under this Supplement.

Appears in 2 contracts

Samples: Exchange Note Supplement (Ford Credit Auto Lease Trust 2018-A), Credit and Security Agreement (Ford Credit Auto Lease Trust 2018-A)

Benefit of this Supplement. This Supplement is for the benefit of and will be binding on the parties to this Supplement and their permitted successors and assigns. The 20 - 2016-A Exchange Noteholder, the Owner Trustee and the Indenture Trustee for the benefit of the Secured Parties will be third-party beneficiaries of this Supplement and may enforce this Supplement against the Borrowers. No other Person will have any right or obligation under this Supplement.

Appears in 2 contracts

Samples: Exchange Note Supplement (Ford Credit Auto Lease Two LLC), Credit and Security Agreement (Ford Credit Auto Lease Two LLC)

Benefit of this Supplement. This Supplement is for the benefit of and will be binding on the parties to this Supplement and their permitted successors and assigns. The 20 - 2019-A Exchange Noteholder, the Owner Trustee and the Indenture Trustee for the benefit of the Secured Parties will be third-party beneficiaries of this Supplement and may enforce this Supplement against the Borrowers. No other Person will have any right or obligation under this Supplement.

Appears in 2 contracts

Samples: Exchange Note Supplement (Ford Credit Auto Lease Trust 2019-A), Exchange Note Supplement (Ford Credit Auto Lease Trust 2019-A)

Benefit of this Supplement. This Supplement is for the benefit of and will be binding on the parties to this Supplement and their permitted successors and assigns. The 20 - 2024-A Exchange Noteholder, the Owner Trustee and the Indenture Trustee for the benefit of the Secured Parties will be third-party beneficiaries of this Supplement and may enforce this Supplement against the Borrowers. No other Person will have any right or obligation under this Supplement.

Appears in 2 contracts

Samples: Exchange Note Supplement (Ford Credit Auto Lease Trust 2024-A), Credit and Security Agreement (Ford Credit Auto Lease Trust 2024-A)

Benefit of this Supplement. This Supplement is for the benefit of and will be binding on the parties to this Supplement and their permitted successors and assigns. The 20 - 2021-A Exchange Noteholder, the Owner Trustee and the Indenture Trustee for the benefit of the Secured Parties will be third-party beneficiaries of this Supplement and may enforce this Supplement against the Borrowers. No other Person will have any right or obligation under this Supplement.

Appears in 2 contracts

Samples: Exchange Note Supplement (Ford Credit Auto Lease Trust 2021-A), Credit and Security Agreement (Ford Credit Auto Lease Trust 2021-A)

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Benefit of this Supplement. This Supplement is for the benefit of and will be binding on the parties to this Supplement and their permitted successors and assigns. The 20 - 2023-B Exchange Noteholder, the Owner Trustee and the Indenture Trustee for the benefit of the Secured Parties will be third-party beneficiaries of this Supplement and may enforce this Supplement against the Borrowers. No other Person will have any right or obligation under this Supplement.

Appears in 2 contracts

Samples: Credit and Security Agreement (Ford Credit Auto Lease Trust 2023-B), Credit and Security Agreement (Ford Credit Auto Lease Trust 2023-B)

Benefit of this Supplement. This Supplement is for the benefit of and will be binding on the parties to this Supplement and their permitted successors and assigns. The 20 - 2021-B Exchange Noteholder, the Owner Trustee and the Indenture Trustee for the benefit of the Secured Parties will be third-party beneficiaries of this Supplement and may enforce this Supplement against the Borrowers. No other Person will have any right or obligation under this Supplement.

Appears in 2 contracts

Samples: Credit and Security Agreement (Ford Credit Auto Lease Trust 2021-B), Credit and Security Agreement (Ford Credit Auto Lease Trust 2021-B)

Benefit of this Supplement. This Supplement is for the benefit of and will be binding on the parties to this Supplement and their permitted successors and assigns. The 20 - 2023-A Exchange Noteholder, the Owner Trustee and the Indenture Trustee for the benefit of the Secured Parties will be third-party beneficiaries of this Supplement and may enforce this Supplement against the Borrowers. No other Person will have any right or obligation under this Supplement.

Appears in 2 contracts

Samples: Exchange Note Supplement (Ford Credit Auto Lease Trust 2023-A), Credit and Security Agreement (Ford Credit Auto Lease Trust 2023-A)

Benefit of this Supplement. This Supplement is for the benefit of and will be binding on the parties to this Supplement and their permitted successors and assigns. The 20 - 2017-B Exchange Noteholder, the Owner Trustee and the Indenture Trustee for the benefit of the Secured Parties will be third-party beneficiaries of this Supplement and may enforce this Supplement against the Borrowers. No other Person will have any right or obligation under this Supplement.

Appears in 2 contracts

Samples: Credit and Security Agreement (Ford Credit Auto Lease Trust 2017-B), Credit and Security Agreement (Ford Credit Auto Lease Trust 2017-B)

Benefit of this Supplement. This Supplement is for the benefit of and will be binding on the parties to this Supplement and their permitted successors and assigns. The 20 - 2017-A Exchange Noteholder, the Owner Trustee and the Indenture Trustee for the benefit of the Secured Parties will be third-party beneficiaries of this Supplement and may enforce this Supplement against the Borrowers. No other Person will have any right or obligation under this Supplement.

Appears in 2 contracts

Samples: Exchange Note Supplement (Ford Credit Auto Lease Trust 2017-A), Credit and Security Agreement (Ford Credit Auto Lease Two LLC)

Benefit of this Supplement. This Supplement is for the benefit of and will be binding on the parties to this Supplement and their permitted successors and assigns. The 20 - 20__-__ Exchange Noteholder, the Owner Trustee and the Indenture Trustee for the benefit of the Secured Parties will be third-party beneficiaries of this Supplement and may enforce this Supplement against the Borrowers. No other Person will have any right or obligation under this Supplement.

Appears in 1 contract

Samples: Credit and Security Agreement (CAB East LLC)

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