No Liability for Investments. None of the Depositor, the Servicer, the Indenture Trustee or the Qualified Institution maintaining any Bank Account will be liable for the selection of Permitted Investments or for investment losses incurred on Permitted Investments (other than in the capacity as obligor, if applicable).
Appears in 87 contracts
Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2024-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2024-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2023-C)
No Liability for Investments. None of the Depositor, the Servicer, the Indenture Trustee Trustee, the Note Paying Agent or the Qualified Institution maintaining any Bank Account will be liable for the selection of Permitted Investments or for investment losses incurred on Permitted Investments (other than in the capacity as obligor, if applicable).
Appears in 24 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)
No Liability for Investments. None of the Depositor, the Servicer, the Indenture Trustee Master Collateral Agent, the Paying Agent or the Qualified Institution maintaining any Bank Trust Account will be liable for the selection of Permitted Investments or for investment losses incurred on Permitted Investments (other than in the capacity as obligor, if applicable).
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)
No Liability for Investments. None of the DepositorDepositors, the Servicer, the Indenture Trustee or the Qualified Institution maintaining any Bank Series 2019-3 Account will be liable for the selection of Permitted Investments or for investment losses incurred on Permitted Investments (other than in the capacity as obligor, if applicable).
Appears in 2 contracts
Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC
No Liability for Investments. None of the DepositorDepositors, the Servicer, the Indenture Trustee or the Qualified Institution maintaining any Bank Series 2018-3 Account will be liable for the selection of Permitted Investments or for investment losses incurred on Permitted Investments (other than in the capacity as obligor, if applicable).
Appears in 2 contracts
Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC
No Liability for Investments. None of the DepositorDepositors, the Servicer, the Indenture Trustee or the Qualified Institution maintaining any Bank Series 2017-2 Account will be liable for the selection of Permitted Investments or for investment losses incurred on Permitted Investments (other than in the capacity as obligor, if applicable).
Appears in 2 contracts
Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC
No Liability for Investments. None of the DepositorDepositors, the Servicer, the Indenture Trustee or the Qualified Institution maintaining any Bank Series 2017-3 Account will be liable for the selection of Permitted Investments or for investment losses incurred on Permitted Investments (other than in the capacity as obligor, if applicable).
Appears in 2 contracts
Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC
No Liability for Investments. None of the DepositorDepositors, the Servicer, the Indenture Trustee or the Qualified Institution maintaining any Bank Series 2016-3 Account will be liable for the selection of Permitted Investments or for investment losses incurred on Permitted Investments (other than in the capacity as obligor, if applicable).
Appears in 2 contracts
Samples: Ford Credit Floorplan Corp, Ford Credit Floorplan Corp
No Liability for Investments. None of the DepositorDepositors, the Servicer, the Indenture Trustee or the Qualified Institution maintaining any Bank Series 2019-1 Account will be liable for the selection of Permitted Investments or for investment losses incurred on Permitted Investments (other than in the capacity as obligor, if applicable).
Appears in 2 contracts
Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC
No Liability for Investments. None of the DepositorDepositors, the Servicer, the Indenture Trustee or the Qualified Institution maintaining any Bank Series 2017-1 Account will be liable for the selection of Permitted Investments or for investment losses incurred on Permitted Investments (other than in the capacity as obligor, if applicable).
Appears in 2 contracts
Samples: Ford Credit Floorplan Corp, Ford Credit Floorplan LLC
