Custody of Receivable Files. The Custodian will hold and maintain in custody the following documents for each Receivable (the “Receivable File”) for the benefit of the Issuer and the Indenture Trustee, using reasonable care and according to the Servicing Procedures:
Appears in 53 contracts
Samples: Transfer and Servicing Agreement (Verizon Owner Trust 2020-B), Transfer and Servicing Agreement (Verizon Owner Trust 2019-C), Transfer and Servicing Agreement (Verizon Owner Trust 2020-B)
Custody of Receivable Files. The Custodian will hold and maintain in custody the following documents for each Receivable (the “"Receivable File”") for the benefit of the Issuer and the Indenture Trustee, using reasonable care and according to the Underwriting Procedures and the Servicing Procedures:
Appears in 11 contracts
Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2023-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2022-D), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2023-B)
Custody of Receivable Files. The Custodian will hold and maintain in custody the following documents for each Receivable (the “Receivable File”) for the benefit of the Issuer and the Indenture Trustee, using reasonable care and according to the Underwriting Procedures and the Servicing Procedures:
Appears in 11 contracts
Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2020-C), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2021-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2020-A)
Custody of Receivable Files. The Custodian will hold and maintain in custody the following documents for each Receivable (the “Receivable File”) for the benefit of the Issuer Trust and the Indenture TrusteeMaster Collateral Agent, using reasonable care and according to the applicable Servicing Procedures:
Appears in 5 contracts
Samples: Transfer and Servicing Agreement (Verizon Master Trust), Transfer and Servicing Agreement (Verizon Master Trust), Transfer and Servicing Agreement (Verizon Master Trust)
