Common use of No Conflicts and No Violation Clause in Contracts

No Conflicts and No Violation. The completion of the transactions under the Transaction Documents to which the Depositor is a party and the performance of its obligations under such documents will not (i) conflict with, or be a breach or a default under, any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document under which the Depositor is a debtor or guarantor, (ii) result in the creation or imposition of a Lien on the Depositor’s properties or assets under the terms of any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document (other than this Agreement), (iii) violate the Depositor’s certificate of formation or limited liability company agreement or (iv) violate a law or, to the Depositor’s knowledge, an order, rule or regulation of a federal or State court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Depositor or its properties that applies to the Depositor, which, in each case, would reasonably be expected to have a material adverse effect on the Depositor’s ability to perform its obligations under the Transaction Documents to which it is a party.

Appears in 39 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2018-B), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2016-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2020-C)

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No Conflicts and No Violation. The completion of the transactions under the Transaction Documents to which the Depositor is a party this Agreement, and the performance of its obligations under such documents this Agreement, will not (i) conflict with, or be a breach or a default under, any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document under which the Depositor is a debtor or guarantor, (ii) result in the creation or imposition of a Lien on the Depositor’s properties or assets under the terms of any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document (other than this the Sale and Servicing Agreement), (iii) violate the Depositor’s certificate of formation or limited liability company agreement or (iv) violate a law or, to the Depositor’s knowledge, an order, rule or regulation of a federal or State court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Depositor or its properties that applies to the Depositor, which, in each case, would reasonably be expected to have a material adverse effect on the Depositor’s ability to perform its obligations under the Transaction Documents to which it is a partythis Agreement.

Appears in 39 contracts

Samples: Receivables Purchase Agreement (Ford Credit Auto Owner Trust 2021-A), Receivables Purchase Agreement (Ford Credit Auto Receivables Two LLC), Receivables Purchase Agreement (Ford Credit Auto Owner Trust 2018-B)

No Conflicts and No Violation. The completion of the transactions under the Transaction Documents to which the Depositor is a party this Agreement, and the performance of its obligations under such documents this Agreement, will not (i) conflict with, or be a breach or a default under, any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document under which the Depositor is a debtor or guarantor, (ii) result in the creation or imposition of a any Lien on the Depositor’s properties or assets under the terms of any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document (other than this the Sale and Servicing Agreement), (iii) violate the Depositor’s certificate of formation or limited liability company agreement or (iv) violate a law or, to the Depositor’s knowledge, an order, rule or regulation of a federal or State court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Depositor or its properties that applies to the Depositor, which, in each case, would reasonably be expected to have a material adverse effect on the Depositor’s ability to perform its obligations under the Transaction Documents to which it is a partythis Agreement.

Appears in 39 contracts

Samples: Trust Agreement (Ford Credit Auto Owner Trust 2019-A), Trust Agreement (Ford Credit Auto Owner Trust 2019-A), Trust Agreement (Ford Credit Auto Owner Trust 2016-C)

No Conflicts and No Violation. The completion of the transactions under the Transaction Documents to which the Depositor is a party this Agreement, and the performance of its obligations under such documents this Agreement, will not (i) conflict with, or be a breach or a default under, any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document under which the Depositor is a debtor or guarantor, (ii) result in the creation or imposition of a Lien on the Depositor’s properties or assets under the terms of any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document (other than this the Exchange Note Sale Agreement), (iii) violate the Depositor’s certificate of formation or limited liability company agreement or (iv) violate a law or, to the Depositor’s knowledge, an order, rule or regulation of a federal or State court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Depositor or its properties that applies to the Depositor, which, in each case, would reasonably be expected to have a material adverse effect on the Depositor’s ability to perform its obligations under the Transaction Documents to which it is a partythis Agreement.

Appears in 26 contracts

Samples: Exchange Note Purchase Agreement (Ford Credit Auto Lease Trust 2021-A), Exchange Note Purchase Agreement (Ford Credit Auto Lease Two LLC), Exchange Note Purchase Agreement (Ford Credit Auto Lease Trust 2017-B)

No Conflicts and No Violation. The completion of the transactions under the Transaction Documents to which the Depositor is a party this Agreement, and the performance of its obligations under such documents this Agreement, will not (i) conflict with, or be a breach or a default under, any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document under which the Depositor is a debtor or guarantor, (ii) result in the creation or imposition of a Lien on the Depositor’s properties or assets under the terms of any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document (other than this Agreement), (iii) violate the Depositor’s certificate of formation or limited liability company agreement or (iv) violate a law or, to the Depositor’s knowledge, an order, rule or regulation of a federal or State court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Depositor or its properties that applies to the Depositor, which, in each case, would reasonably be expected to have a material adverse effect on the Depositor’s ability to perform its obligations under the Transaction Documents to which it is a partythis Agreement.

Appears in 26 contracts

Samples: Exchange Note Sale Agreement (Ford Credit Auto Lease Trust 2020-B), Exchange Note Sale Agreement (Ford Credit Auto Lease Trust 2021-B), Exchange Note Sale Agreement (Ford Credit Auto Lease Two LLC)

No Conflicts and No Violation. The completion of the transactions under the Transaction Documents to which the Depositor is a party this Agreement, and the performance of its obligations under such documents this Agreement, will not (i) conflict with, or be a breach or a default under, any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document under which the Depositor is a debtor or guarantor, (ii) result in the creation or imposition of a any Lien on the Depositor’s properties or assets under the terms of any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document (other than this the Exchange Note Sale Agreement), (iii) violate the Depositor’s certificate of formation or limited liability company agreement or (iv) violate a law or, to the Depositor’s knowledge, an order, rule or regulation of a federal or State court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Depositor or its properties that applies to the Depositor, which, in each case, would reasonably be expected to have a material adverse effect on the Depositor’s ability to perform its obligations under the Transaction Documents to which it is a partythis Agreement.

Appears in 25 contracts

Samples: Trust Agreement (Ford Credit Auto Lease Trust 2020-A), Trust Agreement (Ford Credit Auto Lease Trust 2021-B), Trust Agreement (Ford Credit Auto Lease Trust 2020-B)

No Conflicts and No Violation. The completion of the transactions under the Transaction Documents to which the Depositor is a party and the performance of its obligations under such documents will not (i) conflict with, or be a breach or a default under, any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document under which the Depositor is a debtor or guarantor, (ii) result in the creation or imposition of a Lien lien on the Depositor’s properties or assets under the terms of any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document (other than this the Sale and Servicing Agreement), (iii) violate the Depositor’s certificate of formation or limited liability company agreement or (iv) violate a law or, to the Depositor’s knowledge, an order, rule or regulation of a federal or State state court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Depositor or its properties that applies to the Depositor, which, in each case, would reasonably be expected to have a material adverse effect on the Depositor’s ability to perform its obligations under the Transaction Documents to which it is a party.

Appears in 22 contracts

Samples: Underwriting Agreement (Ford Credit Auto Owner Trust 2019-A), Underwriting Agreement (Ford Credit Auto Receivables Two LLC), Underwriting Agreement (Ford Credit Auto Owner Trust 2020-B)

No Conflicts and No Violation. The completion of the transactions under the Transaction Documents to which the Depositor is a party and the performance of its obligations under such documents will not (i) conflict with, or be a breach or a default under, any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document under which the Depositor is a debtor or guarantor, (ii) result in the creation or imposition of a Lien lien on the Depositor’s properties or assets under the terms of any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document (other than this the related Sale and Servicing Agreement), (iii) violate the Depositor’s certificate of formation or limited liability company agreement organizational documents or (iv) violate a law or, to the Depositor’s knowledge, an order, rule or regulation of a federal or State state court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Depositor or its properties that applies to the Depositor, which, in each case, would reasonably be expected to have a material adverse effect on the Depositor’s ability to perform its obligations under the Transaction Documents to which it is a party.

Appears in 21 contracts

Samples: Underwriting Agreement (Ford Credit Floorplan LLC), Underwriting Agreement (Ford Credit Floorplan LLC), Underwriting Agreement (Ford Credit Floorplan LLC)

No Conflicts and No Violation. The completion consummation of the transactions under the Transaction Documents to which the Depositor is a party contemplated by this Agreement, and the performance fulfillment of its obligations under such documents the terms of this Agreement, will not (i) conflict withwith or result in a breach of the terms or provisions of, or be a breach or constitute a default under, any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document agreement or instrument under which the Depositor is a debtor or guarantor, (ii) result in the creation or imposition of a any Lien on upon any of the Depositor’s properties or assets under of the Depositor pursuant to the terms of any such indenture, mortgage, deed of trust, loan agreement, guarantee or similar document agreement or instrument (other than this Agreement), (iii) violate the Depositor’s certificate of formation of the Depositor or limited liability company agreement the Limited Liability Company Agreement or (iv) violate a any law or, to the Depositor’s knowledge, an any order, rule or regulation applicable to the Depositor of a federal or State court, regulatory body, administrative agency or other governmental instrumentality any Governmental Authority having jurisdiction over the Depositor or its properties that applies to the Depositor, whichproperties, in each case, which conflict, breach, default, Lien or violation would reasonably be expected to have a material adverse effect on the Depositor’s ability to perform its obligations under the Transaction Documents to which it is a partythis Agreement.

Appears in 18 contracts

Samples: Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2012-A), First Tier Sale Agreement (Ford Credit Auto Lease Trust 2014-A), First Tier Sale Agreement (Ford Credit Auto Lease Trust 2013-A)

No Conflicts and No Violation. The completion of the transactions under the Transaction Documents to which the Depositor is a party and the performance of its obligations under such documents will not (i) conflict with, or be a breach or a default under, any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document under which the Depositor is a debtor or guarantor, (ii) result in the creation or imposition of a Lien lien on the Depositor’s properties or assets under the terms of any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document (other than this the Exchange Note Sale Agreement), (iii) violate the Depositor’s certificate of formation or limited liability company agreement or (iv) violate a law or, to the Depositor’s knowledge, an order, rule or regulation of a federal or State state court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Depositor or its properties that applies to the Depositor, which, in each case, would reasonably be expected to have a material adverse effect on the Depositor’s ability to perform its obligations under the Transaction Documents to which it is a party.

Appears in 13 contracts

Samples: Underwriting Agreement (Ford Credit Auto Lease Trust 2019-B), Underwriting Agreement (Ford Credit Auto Lease Trust 2020-A), Underwriting Agreement (Ford Credit Auto Lease Trust 2021-B)

No Conflicts and No Violation. The completion consummation of the transactions under contemplated by the Transaction Documents to which the Depositor is a party and the performance fulfillment of its obligations under such documents the terms of the Transaction Documents to which the Depositor is a party will not (i) conflict withwith or result in a breach of the terms or provisions of, or be a breach or constitute a default under, under any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document agreement or instrument under which the Depositor is a debtor or guarantor, (ii) result in the creation or imposition of a Lien on any lien, charge or encumbrance upon any of the Depositor’s properties or assets under of the Depositor pursuant to the terms of any such indenture, mortgage, deed of trust, loan agreement, guarantee or similar document agreement or instrument (other than this the lien pursuant to the Sale and Servicing Agreement), (iii) violate the Depositor’s certificate Certificate of formation Formation or limited liability company agreement Limited Liability Company Agreement, or (iv) violate a any law or, to the Depositor’s 's knowledge, an any order, rule or regulation applicable to the Depositor of a any court or of any federal or State court, state regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Depositor or its properties that applies to the Depositor, whichproperties, in each casecase which conflict, breach, default, lien, or violation would reasonably be expected to have a material adverse effect on the Depositor’s 's ability to perform its obligations under the Transaction Documents to which it is a party.

Appears in 12 contracts

Samples: Underwriting Agreement (Ford Credit Auto Owner Trust 2009-C), Underwriting Agreement (Ford Credit Auto Owner Trust 2009-E), Underwriting Agreement (Ford Credit Auto Owner Trust 2010-A)

No Conflicts and No Violation. The completion consummation of the transactions under contemplated by the Transaction Documents to which the Depositor is a party and the performance fulfillment of its obligations under such documents the terms of the Transaction Documents to which the Depositor is a party will not (i) conflict withwith or result in a breach of the terms or provisions of, or be a breach or constitute a default under, under any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document agreement or instrument under which the Depositor is a debtor or guarantor, (ii) result in the creation or imposition of a Lien on any lien, charge or encumbrance upon any of the Depositor’s properties or assets under of the Depositor pursuant to the terms of any such indenture, mortgage, deed of trust, loan agreement, guarantee or similar document agreement or instrument (other than this the lien pursuant to the Sale and Servicing Agreement), (iii) violate the Depositor’s certificate Certificate of formation Formation or limited liability company agreement Limited Liability Company Agreement, or (iv) violate a any law or, to the Depositor’s knowledge, an any order, rule or regulation applicable to the Depositor of a any court or of any federal or State court, state regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Depositor or its properties that applies to the Depositor, whichproperties, in each casecase which conflict, breach, default, lien, or violation would reasonably be expected to have a material adverse effect on the Depositor’s ability to perform its obligations under the Transaction Documents to which it is a party.

Appears in 12 contracts

Samples: Underwriting Agreement (Ford Credit Auto Owner Trust 2011-B), Underwriting Agreement (Ford Credit Auto Owner Trust 2013-C), Underwriting Agreement (Ford Credit Auto Owner Trust 2012-B)

No Conflicts and No Violation. The completion of the transactions under the Transaction Documents to which the Depositor is a party this Agreement, and the performance of its obligations under such documents this Agreement, will not (i) conflict with, or be a breach or a default under, any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document under which the Depositor is a debtor or guarantor, (ii) result in the creation or imposition of a any Lien on the Depositor’s 's properties or assets under the terms of any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document (other than this the Sale and Servicing Agreement), (iii) violate the Depositor’s 's certificate of formation or limited liability company agreement or (iv) violate a law or, to the Depositor’s 's knowledge, an order, rule or regulation of a federal or State court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Depositor or its properties that applies to the Depositor, which, in each case, would reasonably be expected to have a material adverse effect on the Depositor’s 's ability to perform its obligations under the Transaction Documents to which it is a partythis Agreement.

Appears in 11 contracts

Samples: Trust Agreement (Ford Credit Auto Owner Trust 2022-B), Trust Agreement (Ford Credit Auto Owner Trust 2023-A), Trust Agreement (Ford Credit Auto Owner Trust 2022-D)

No Conflicts and No Violation. The completion of the transactions under the Transaction Documents to which the Depositor is a party this Agreement, and the performance of its obligations under such documents this Agreement, will not (i) conflict with, or be a breach or a default under, any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document under which the Depositor is a debtor or guarantor, (ii) result in the creation or imposition of a Lien on the Depositor’s 's properties or assets under the terms of any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document (other than this the Sale and Servicing Agreement), (iii) violate the Depositor’s 's certificate of formation or limited liability company agreement or (iv) violate a law or, to the Depositor’s 's knowledge, an order, rule or regulation of a federal or State court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Depositor or its properties that applies to the Depositor, which, in each case, would reasonably be expected to have a material adverse effect on the Depositor’s 's ability to perform its obligations under the Transaction Documents to which it is a partythis Agreement.

Appears in 11 contracts

Samples: Receivables Purchase Agreement (Ford Credit Auto Owner Trust 2023-C), Receivables Purchase Agreement (Ford Credit Auto Owner Trust 2022-D), Receivables Purchase Agreement (Ford Credit Auto Owner Trust 2022-C)

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No Conflicts and No Violation. The completion of the transactions under the Transaction Documents to which the Depositor is a party and the performance of its obligations under such documents will not (i) conflict with, or be a breach or a default under, any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document under which the Depositor is a debtor or guarantor, (ii) result in the creation or imposition of a Lien on the Depositor’s 's properties or assets under the terms of any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document (other than this Agreement), (iii) violate the Depositor’s 's certificate of formation or limited liability company agreement or (iv) violate a law or, to the Depositor’s 's knowledge, an order, rule or regulation of a federal or State court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Depositor or its properties that applies to the Depositor, which, in each case, would reasonably be expected to have a material adverse effect on the Depositor’s 's ability to perform its obligations under the Transaction Documents to which it is a party.

Appears in 11 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2022-B), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2023-B), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2023-A)

No Conflicts and No Violation. The completion of the transactions under the Transaction Documents to which the Depositor is a party this Agreement, and the performance of its obligations under such documents this Agreement, will not (i) conflict with, or be a breach or a default under, any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document under which the Depositor is a debtor or guarantor, (ii) result in the creation or imposition of a Lien on the Depositor’s 's properties or assets under the terms of any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document (other than this Agreement), (iii) violate the Depositor’s 's certificate of formation or limited liability company agreement or (iv) violate a law or, to the Depositor’s 's knowledge, an order, rule or regulation of a federal or State court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Depositor or its properties that applies to the Depositor, which, in each case, would reasonably be expected to have a material adverse effect on the Depositor’s 's ability to perform its obligations under the Transaction Documents to which it is a partythis Agreement.

Appears in 9 contracts

Samples: Exchange Note Sale Agreement (Ford Credit Auto Lease Trust 2023-B), Exchange Note Sale Agreement (Ford Credit Auto Lease Trust 2023-B), Exchange Note Sale Agreement (Ford Credit Auto Lease Trust 2023-A)

No Conflicts and No Violation. The completion of the transactions under the Transaction Documents to which the Depositor is a party this Agreement, and the performance of its obligations under such documents this Agreement, will not (i) conflict with, or be a breach or a default under, any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document under which the Depositor is a debtor or guarantor, (ii) result in the creation or imposition of a Lien on the Depositor’s 's properties or assets under the terms of any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document (other than this the Exchange Note Sale Agreement), (iii) violate the Depositor’s 's certificate of formation or limited liability company agreement or (iv) violate a law or, to the Depositor’s 's knowledge, an order, rule or regulation of a federal or State court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Depositor or its properties that applies to the Depositor, which, in each case, would reasonably be expected to have a material adverse effect on the Depositor’s 's ability to perform its obligations under the Transaction Documents to which it is a partythis Agreement.

Appears in 9 contracts

Samples: Exchange Note Purchase Agreement (Ford Credit Auto Lease Trust 2024-A), Exchange Note Purchase Agreement (Ford Credit Auto Lease Trust 2023-B), Exchange Note Purchase Agreement (Ford Credit Auto Lease Trust 2023-B)

No Conflicts and No Violation. The completion of the transactions under the Transaction Documents to which the Depositor is a party this Agreement, and the performance of its obligations under such documents this Agreement, will not (i) conflict with, or be a breach or a default under, any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document under which the Depositor is a debtor or guarantor, (ii) result in the creation or imposition of a any Lien on the Depositor’s 's properties or assets under the terms of any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document (other than this the Exchange Note Sale Agreement), (iii) violate the Depositor’s 's certificate of formation or limited liability company agreement or (iv) violate a law or, to the Depositor’s 's knowledge, an order, rule or regulation of a federal or State court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Depositor or its properties that applies to the Depositor, which, in each case, would reasonably be expected to have a material adverse effect on the Depositor’s 's ability to perform its obligations under the Transaction Documents to which it is a partythis Agreement.

Appears in 9 contracts

Samples: Trust Agreement (Ford Credit Auto Lease Trust 2023-A), Trust Agreement (Ford Credit Auto Lease Trust 2024-A), Trust Agreement (Ford Credit Auto Lease Trust 2023-B)

No Conflicts and No Violation. The completion of the transactions under the Transaction Documents to which the Depositor is a party and the performance of its obligations under such documents will not (i) conflict with, or be a breach or a default under, any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document under which the Depositor is a debtor or guarantor, (ii) result in the creation or imposition of a Lien lien on the Depositor’s 's properties or assets under the terms of any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document (other than this the Sale and Servicing Agreement), (iii) violate the Depositor’s 's certificate of formation or limited liability company agreement or (iv) violate a law or, to the Depositor’s 's knowledge, an order, rule or regulation of a federal or State state court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Depositor or its properties that applies to the Depositor, which, in each case, would reasonably be expected to have a material adverse effect on the Depositor’s 's ability to perform its obligations under the Transaction Documents to which it is a party.

Appears in 5 contracts

Samples: Underwriting Agreement (Ford Credit Auto Owner Trust 2023-B), Underwriting Agreement (Ford Credit Auto Owner Trust 2022-C), Underwriting Agreement (Ford Credit Auto Owner Trust 2023-A)

No Conflicts and No Violation. The completion of the transactions under the Transaction Documents to which the Depositor is a party and the performance of its obligations under such documents will not (i) conflict with, or be a breach or a default under, any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document under which the Depositor is a debtor or guarantor, (ii) result in the creation or imposition of a Lien lien on the Depositor’s 's properties or assets under the terms of any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document (other than this the Exchange Note Sale Agreement), (iii) violate the Depositor’s 's certificate of formation or limited liability company agreement or (iv) violate a law or, to the Depositor’s 's knowledge, an order, rule or regulation of a federal or State state court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Depositor or its properties that applies to the Depositor, which, in each case, would reasonably be expected to have a material adverse effect on the Depositor’s 's ability to perform its obligations under the Transaction Documents to which it is a party.

Appears in 5 contracts

Samples: Underwriting Agreement (Ford Credit Auto Lease Trust 2024-A), Underwriting Agreement (Ford Credit Auto Lease Trust 2022-A), Underwriting Agreement (Ford Credit Auto Lease Trust 2023-A)

No Conflicts and No Violation. The completion consummation of the transactions under contemplated by the Transaction Documents to which the Depositor is a party and the performance fulfillment of its obligations under such documents the terms of the Transaction Documents to which the Depositor is a party will not (i) conflict withwith or result in a breach of the terms or provisions of, or be a breach or constitute a default under, under any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document agreement or instrument under which the Depositor is a debtor or guarantor, (ii) result in the creation or imposition of a Lien on any lien, charge or encumbrance upon any of the Depositor’s properties or assets under of the Depositor pursuant to the terms of any such indenture, mortgage, deed of trust, loan agreement, guarantee or similar document agreement or instrument (other than this the lien pursuant to the Sale and Servicing Agreement), (iii) violate the Depositor’s certificate Certificate of formation Formation or limited liability company agreement Limited Liability Company Agreement, or (iv) violate a any law or, to the Depositor’s 's knowledge, an any order, rule or regulation applicable to the Depositor of a any court or of any federal or State court, state regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Depositor or its properties that applies to the Depositor, whichproperties, in each casecase which conflict, breach, default, lien, or violation would reasonably be expected to have a material adverse effect on the Depositor’s 's ability to perform its obligations under the Transaction Documents to which it is a partyDocuments.

Appears in 1 contract

Samples: Ford Credit Auto Receivables Two LLC

No Conflicts and No Violation. The completion of the transactions under the Transaction Documents to which the Depositor is a party and the performance of its obligations under such documents will not (i) conflict with, or be a breach or a default under, any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document under which the Depositor is a debtor or guarantor, (ii) result in the creation or imposition of a any Lien on any of the Depositor’s properties or assets under the terms of any indenture, mortgage, deed of trust, loan agreement, guarantee or similar document (other than this Agreement), (iii) violate the Depositor’s certificate of formation or limited liability company agreement or (iv) violate a any law or, to the Depositor’s knowledge, an any order, rule or regulation of a federal or State court, regulatory body, administrative agency or other governmental instrumentality having jurisdiction over the Depositor or its properties that applies to the Depositor, which, in each case, would reasonably be expected to have a material adverse effect on the Depositor’s ability to perform its obligations under the Transaction Documents to which it is a party.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC)

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