No Petition. Each party agrees that, before the date that is one year and one day (or, if longer, any applicable preference period) after the payment in full of (a) all Secured Obligations, including all Exchange Notes, and any other Securities, (b) all securities issued by the Depositor or by a trust for which the Depositor was a depositor or (c) the Notes, it will not start or pursue against, or join any other Person in starting or pursuing against, (i) either Titling Company or either Holding Company, (ii) the Depositor or (iii) the Issuer, respectively, any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings or other proceedings under any bankruptcy or similar law. This Section 6.4 will survive the termination of this Agreement.
Appears in 69 contracts
Samples: Titling Company Account Control Agreement (Ford Credit Auto Lease Trust 2021-A), Account Control Agreement (Ford Credit Auto Lease Trust 2023-B), Control Agreement (CAB East LLC)
No Petition. Each party of the parties agrees that, before the date that is one year and one day (or, if longer, any applicable preference period) after the payment in full of (a) all Secured Obligations, including all Exchange Notes, and any other Securities, (b) all securities issued by the Depositor or by a trust for which the Depositor was a depositor or (c) the Notes, it will not start or pursue against, or join any other Person in starting or pursuing against, (i) either Titling Company or either Holding Company, (ii) the Depositor or (iii) the Issuer, respectively, any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings or other proceedings under any bankruptcy or similar law. This Section 6.4 6.2 will survive the termination of this Agreement.
Appears in 35 contracts
Samples: Asset Representations Review Agreement (Ford Credit Auto Lease Trust 2017-A), Asset Representations Review Agreement (Ford Credit Auto Lease Trust 2019-B), Asset Representations Review Agreement (Ford Credit Auto Lease Trust 2021-A)
No Petition. Each party agrees that, before the date that is one year and one day (or, if longer, any applicable preference period) after the payment in full of (a) all Secured Obligations, including all Exchange Notes, and any other Securities, (b) all securities issued by the Depositor or by a trust for which the Depositor was a depositor or (c) the Notes, it will not start or pursue against, or join any other Person in starting or pursuing against, (i) either Titling Company or either Holding Company, (ii) the Depositor or (iii) the Issuer, respectively, any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings or other proceedings under any bankruptcy or similar law. This Section 6.4 5.2 will survive the termination of this Agreement.
Appears in 35 contracts
Samples: Exchange Note Sale Agreement (Ford Credit Auto Lease Trust 2023-B), Exchange Note Sale Agreement (Ford Credit Auto Lease Trust 2023-A), Exchange Note Sale Agreement (Ford Credit Auto Lease Two LLC)
No Petition. Each party agrees that, before the date that is one year and one day (or, if longer, any applicable preference period) after the payment in full of (a) all Secured Obligations, including all Exchange Notes, and any other Securities, (b) all securities issued by the Depositor or by a trust for which the Depositor was a depositor or (c) the Notes, it will not start or pursue against, or join any other Person in starting or pursuing against, (i) either Titling Company or either Holding Company, (ii) the Depositor or (iii) the Issuer, respectively, any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings or other proceedings under any bankruptcy or similar law. This Section 6.4 7.1 will survive the termination of this AgreementSupplement.
Appears in 34 contracts
Samples: Servicing Agreement (Ford Credit Auto Lease Trust 2021-B), Servicing Agreement (Ford Credit Auto Lease Two LLC), Servicing Agreement (Ford Credit Auto Lease Trust 2019-A)
No Petition. Each party agrees that, before the date that is one year and one day (or, if longer, any applicable preference period) after the payment in full of (a) all Secured Obligations, including all Exchange Notes, and any other Securities, (b) all securities issued by the Depositor or by a trust for which the Depositor was a depositor or (c) the Notes, it will not start or pursue against, or join any other Person in starting or pursuing against, (i) either Titling Company or either Holding Company, (ii) the Depositor or (iii) the Issuer, respectively, any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings or other proceedings under any bankruptcy or similar law. This Section 6.4 4.4 will survive the termination of this Agreement.
Appears in 34 contracts
Samples: Administration Agreement (CAB East LLC), Administration Agreement (CAB East LLC), Administration Agreement (Ford Credit Auto Lease Trust 2022-A)