Common use of Eligibility Clause in Contracts

Eligibility. The Indenture Trustee satisfies the requirements of Section 310(a) of the TIA and is a Qualified Institution. The Indenture Trustee or its parent has a combined capital and surplus of at least $50,000,000 as stated in its most recent annual published report of condition.

Appears in 146 contracts

Sources: Indenture (Verizon Master Trust), Indenture Agreement (Verizon Master Trust), Indenture (Verizon Master Trust)

Eligibility. The Indenture Trustee satisfies the requirements of Section 310(a) of the TIA and is a Qualified Institution. The Indenture Trustee or its parent has a combined capital and surplus of at least $50,000,000 as stated set forth in its most recent annual published report of condition.

Appears in 55 contracts

Sources: Indenture (Ford Credit Floorplan LLC), Indenture (Ford Credit Auto Lease Trust 2015-B), Indenture (Ford Credit Auto Lease Trust 2015-B)

Eligibility. The Indenture Trustee satisfies the requirements of Section 310(a) of the TIA and is a Qualified InstitutionTIA. The Indenture Trustee or its parent has a combined capital and surplus of at least $50,000,000 as stated in its most recent annual published report of condition.

Appears in 42 contracts

Sources: Indenture (Ford Credit Auto Owner Trust 2025-C), Indenture (Ford Credit Auto Owner Trust 2025-C), Indenture (Ford Credit Auto Owner Trust 2025-B)

Eligibility. The Indenture Trustee satisfies the requirements of Section 310(a) of the TIA and is a Qualified InstitutionTIA. The Indenture Trustee or its parent has a combined capital and surplus of at least $50,000,000 as stated set forth in its most recent annual published report of condition.

Appears in 7 contracts

Sources: Indenture (Ford Credit Auto Owner Trust 2007-A), Indenture (Ford Credit Auto Owner Trust 2006-C), Indenture (Ford Credit Auto Owner Trust 2007-B)

Eligibility. The Indenture Trustee satisfies the requirements of Section 310(a) of the TIA and TIAand is a Qualified Institution. The Indenture Trustee or its parent has a combined capital and surplus of at least $50,000,000 as stated set forth in its most recent annual published report of condition.

Appears in 1 contract

Sources: Indenture (Ford Credit Auto Owner Trust 2008-A)

Eligibility. The Indenture Trustee satisfies the requirements of Section 310(a) of the TIA [and is a Qualified Institution]. The Indenture Trustee or its parent has a combined capital and surplus of at least $50,000,000 as stated in its most recent annual published report of condition.

Appears in 1 contract

Sources: Indenture (CAB East LLC)