Common use of Notice of Resignation or Removal Clause in Contracts

Notice of Resignation or Removal. The Administrator will notify the Depositor, the Indenture Trustee and the Rating Agencies of any resignation or removal of the Owner Trustee.

Appears in 67 contracts

Samples: Trust Agreement (Ford Credit Auto Owner Trust 2019-C), Trust Agreement (Verizon Owner Trust 2020-C), Trust Agreement (Ford Credit Auto Owner Trust 2017-C)

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Notice of Resignation or Removal. The Administrator will notify the Depositor, the Indenture Trustee and the Rating Agencies of any resignation or removal of the Owner a Co-Trustee.

Appears in 32 contracts

Samples: Trust Agreement (Ford Credit Auto Lease Trust 2024-A), Trust Agreement (Ford Credit Auto Lease Trust 2021-B), Trust Agreement (Ford Credit Auto Lease Trust 2020-B)

Notice of Resignation or Removal. The Administrator will notify the Depositor, the Indenture Trustee Master Collateral Agent and the Rating Agencies Agencies, if any, of any resignation or removal of the Owner Trustee.

Appears in 4 contracts

Samples: Trust Agreement (Verizon Master Trust), Trust Agreement (Verizon Master Trust), Trust Agreement (Verizon Master Trust)

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Notice of Resignation or Removal. The Administrator will give notice of removal to the Owner Trustee. The Administrator will notify the Depositor, the Indenture Trustee and the Rating Agencies of any resignation or removal of the Owner Trustee.

Appears in 1 contract

Samples: Trust Agreement (Ford Credit Auto Receivables Two LLC)

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