Common use of Notice of Events of Default Clause in Contracts

Notice of Events of Default. The Issuer will notify the Indenture Trustee, the Servicer and the Rating Agencies as soon as practicable and within five Business Days after a Responsible Person of the Issuer has knowledge of an Event of Default.

Appears in 86 contracts

Samples: Indenture (Ford Credit Auto Lease Trust 2024-A), Indenture (Ford Credit Auto Lease Trust 2019-B), Indenture (Ford Credit Auto Lease Trust 2018-B)

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Notice of Events of Default. The Issuer will notify the Indenture Trustee, the Servicer and the Rating Agencies as soon as practicable and within five Business Days after a Responsible Person of the Issuer has actual knowledge of an Event of Default.

Appears in 53 contracts

Samples: Indenture (Ford Credit Auto Owner Trust 2014-A), Indenture (Ford Credit Auto Owner Trust 2015-B), Indenture (Ford Credit Auto Lease Trust 2014-A)

Notice of Events of Default. The Issuer will notify the Indenture Trustee, the Servicer and the Rating Agencies as soon as practicable and practicable, but in any event within five (5) Business Days after a Responsible Person of the Issuer has actual knowledge of an Event of Default.

Appears in 20 contracts

Samples: Transfer and Servicing Agreement (Verizon Owner Trust 2020-A), Transfer and Servicing Agreement (Verizon Owner Trust 2020-B), Indenture (Vzot 2018-A)

Notice of Events of Default. The Issuer will notify the Indenture Trustee, the Servicer Trustee and the Rating Agencies as soon as practicable and within five 5 Business Days after a Responsible Person of the Issuer has obtains actual knowledge of an Event of Default.

Appears in 7 contracts

Samples: Indenture (Ford Credit Auto Owner Trust 2006-C), Indenture (Ford Credit Auto Owner Trust 2007-A), Indenture (Ford Credit Auto Owner Trust 2006-A)

Notice of Events of Default. The Issuer will notify the Indenture Trustee, the Servicer and the Rating Agencies as soon as practicable and within five Business Days after a Responsible Person of the Issuer has obtains actual knowledge of an Event of Default.

Appears in 5 contracts

Samples: Indenture (Ford Credit Auto Lease Trust 2011-A), Indenture (Ford Credit Auto Lease Trust 2011-B), Indenture (Ford Credit Auto Owner Trust 2009-B)

Notice of Events of Default. The Issuer will notify the Indenture Trustee, the Servicer Rating Agencies and the Rating Agencies as soon as practicable and Swap Counterparties within five 5 Business Days after a Responsible Person of the Issuer has obtains actual knowledge of an Event of Default.

Appears in 3 contracts

Samples: Indenture (Ford Credit Auto Owner Trust 2008-B), Indenture (Ford Credit Auto Owner Trust 2008-C), Ford Credit Auto Owner Trust 2008-A

Notice of Events of Default. The Issuer will notify the Indenture Trustee, the Servicer and the Rating Agencies as soon as practicable and practicable, but in any event within [five (5)] Business Days after a Responsible Person of the Issuer has actual knowledge of an Event of Default.

Appears in 3 contracts

Samples: Verizon ABS LLC, Verizon ABS LLC, Verizon ABS LLC

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Notice of Events of Default. The Issuer will notify the Indenture Trustee, [the Hedge Counterparty], the Servicer and the Rating Agencies as soon as practicable and within five Business Days after a Responsible Person of the Issuer has obtains actual knowledge of an Event of Default.

Appears in 1 contract

Samples: Indenture (CAB West LLC)

Notice of Events of Default. The Issuer will notify the Indenture Trustee, the Servicer Rating Agencies and the Rating Agencies as soon as practicable and Hedge Counterparties within five Business Days after a Responsible Person of the Issuer has obtains actual knowledge of an Event of Default.

Appears in 1 contract

Samples: Indenture (Ford Credit Auto Owner Trust 2009-A)

Notice of Events of Default. The Issuer will notify the Indenture Trustee, the Servicer and Servicer, the Rating Agencies as soon as practicable and [the Hedge Counterparties] within five Business Days after a Responsible Person of the Issuer has actual knowledge of an Event of Default.

Appears in 1 contract

Samples: Indenture (Ford Credit Auto Receivables Two LLC)

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