Notice of Claim. If a Person asserts a lien, encumbrance or claim against a Collateral Account (or in the cash or other financial assets credited to a Collateral Account), the Financial Institution will promptly notify the Secured Party.
Appears in 123 contracts
Samples: Account Control Agreement (Ford Credit Floorplan Corp), Control Agreement (Ford Credit Floorplan Corp), Account Control Agreement (Ford Credit Auto Owner Trust 2022-D)
Notice of Claim. If a Person asserts a lien, encumbrance or claim Lien against a Collateral Account (or in the cash or other financial assets credited to a Collateral Account), the Financial Institution will promptly notify the Secured Party.
Appears in 49 contracts
Samples: Account Control Agreement (Verizon Master Trust), Account Control Agreement (Verizon Owner Trust 2020-C), Account Control Agreement (Verizon Owner Trust 2020-A)
Notice of Claim. If a Person asserts a lien, encumbrance or claim against a the Collateral Account (or in the cash or other financial assets credited to a the Collateral Account), the Financial Institution will promptly notify the Secured Party.
Appears in 34 contracts
Samples: Account Control Agreement (Ford Credit Auto Lease Trust 2018-B), Account Control Agreement (Ford Credit Auto Lease Trust 2019-A), Account Control Agreement (Ford Credit Auto Lease Trust 2020-A)
Notice of Claim. If a Person asserts a lien, encumbrance or claim Lien against a the Collateral Account (or in the cash or other financial assets credited to a the Collateral Account), the Financial Institution will promptly notify the Secured Party.
Appears in 3 contracts
Samples: Control Agreement (Verizon Master Trust), Account Control Agreement (Verizon Master Trust), Control Agreement (Verizon Master Trust)
