No Right to Consent or Vote. Except as permitted under Section 5.4(a)(ii), this Indenture (i) does not authorize the Indenture Trustee to authorize or consent to or vote for or accept or adopt on behalf of a Secured Party a plan of reorganization, arrangement, adjustment or composition affecting the Notes and (ii) does not limit the rights of a Secured Party to authorize the Indenture Trustee to vote on the claim of a Secured Party in the proceeding.
Appears in 72 contracts
Samples: Indenture (Ford Credit Auto Lease Trust 2019-A), Indenture (Ford Credit Auto Lease Trust 2017-B), Indenture (Ford Credit Auto Owner Trust 2021-A)