Common use of Indenture Trustee Clause in Contracts

Indenture Trustee. In performing its obligations under this Agreement, the Indenture Trustee is subject to, and entitled to the benefits of, the Indenture. The Indenture Trustee will not have any liability for any act or failure to act of the Administrator.

Appears in 95 contracts

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

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Indenture Trustee. In performing its obligations under this Agreement, the Indenture Trustee is subject to, and entitled to the benefits of, the Indenture. The Indenture Trustee will not have any liability for any act or failure to act of the AdministratorServicer.

Appears in 46 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2019-B), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2016-C), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2020-A)

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Indenture Trustee. In performing its obligations under this Agreement, the Indenture Trustee is subject to, and entitled to the benefits of, the Indenture. The Indenture Trustee trustee will not have any liability for any act or failure to act of the Administrator.

Appears in 2 contracts

Samples: Administration Agreement (CAB East LLC), Administration Agreement (CAB East LLC)

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