Common use of Performance and Enforcement of Certain Obligations Clause in Contracts

Performance and Enforcement of Certain Obligations. (a) At the Administrator’s expense, the Issuer will promptly take all such lawful action as the Indenture Trustee may request to (i) compel the performance by (A) the Depositor and the Servicer of their obligations to the Issuer under the Sale and Servicing Agreement or (B) the Depositor and Ford Credit of their obligations under the Purchase Agreement and (ii) exercise any and all rights, remedies, powers, privileges and claims lawfully available to the Issuer under such agreements to the extent and in the manner directed by the Indenture Trustee.

Appears in 17 contracts

Samples: Indenture (Ford Credit Auto Owner Trust 2012-B), Indenture (Ford Credit Auto Owner Trust 2012-C), Indenture (Ford Credit Auto Owner Trust 2013-B)

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Performance and Enforcement of Certain Obligations. (a) At the Administrator’s 's expense, the Issuer will promptly take all such lawful action as the Indenture Trustee may request to (i) compel the performance by (A1) the Depositor and the Servicer of their obligations to the Issuer under the Sale and Servicing Agreement Agreement, or (B2) the Depositor and Ford Credit of their obligations under the Purchase Agreement and (ii) exercise any and all rights, remedies, powers, privileges and claims lawfully available to the Issuer under such agreements to the extent and in the manner directed by the Indenture Trustee.

Appears in 10 contracts

Samples: Indenture (Ford Credit Auto Owner Trust 2007-B), Indenture (Ford Credit Auto Owner Trust 2007-A), Indenture (Ford Credit Auto Owner Trust 2009-D)

Performance and Enforcement of Certain Obligations. (a) At the Administrator’s expense, the Issuer will promptly take all such lawful action as the Indenture Trustee may request to (i) compel the performance by (A) the Depositor and the Servicer of their obligations to the Issuer under the Sale and Servicing Agreement Agreement, or (B) the Depositor and Ford Credit of their obligations under the Purchase Agreement and (ii) exercise any and all rights, remedies, powers, privileges and claims lawfully available to the Issuer under such agreements to the extent and in the manner directed by the Indenture Trustee.

Appears in 5 contracts

Samples: Indenture (Ford Credit Auto Owner Trust 2012-A), Indenture (Ford Credit Auto Owner Trust 2011-B), Indenture (Ford Credit Auto Owner Trust 2012-A)

Performance and Enforcement of Certain Obligations. (a) At the Administrator’s 's expense, the Issuer will promptly take all such lawful action as the Indenture Trustee may request to (i) compel the performance by (A) the Depositor and the Servicer of their obligations to the Issuer under the Sale and Servicing Agreement Agreement, or (B) the Depositor and Ford Credit of their obligations under the Purchase Agreement and (ii) exercise any and all rights, remedies, powers, privileges and claims lawfully available to the Issuer under such agreements to the extent and in the manner directed by the Indenture Trustee.

Appears in 3 contracts

Samples: Indenture (Ford Credit Auto Owner Trust 2010-A), Indenture (Ford Credit Auto Owner Trust 2009-E), Indenture (Ford Credit Auto Owner Trust 2010-B)

Performance and Enforcement of Certain Obligations. (a) At the AdministratorServicer’s expense, the Issuer will promptly take all such lawful action as the Indenture Trustee may request to (i) compel the performance by (A) the Depositor and the Servicer of their obligations to the Issuer under the Sale and Servicing Agreement Agreement, or (B) the Depositor and Ford Credit the Originator of their obligations under the Purchase Agreement and (ii) exercise any and all rights, remedies, powers, privileges and claims lawfully available to the Issuer under such agreements to the extent and in the manner directed by the Indenture Trustee.

Appears in 3 contracts

Samples: Indenture (Commercial Credit, Inc.), Indenture (Commercial Credit, Inc.), Indenture (Commercial Credit, Inc.)

Performance and Enforcement of Certain Obligations. (a) At the Administrator’s expense, the Issuer will promptly take all such lawful action as the Indenture Trustee may request to (i) compel the performance by (A) the Depositor Depositors and the Servicer of their obligations to the Issuer under the Sale and Servicing Agreement Agreements or (B) the Depositor Seller and Ford Credit the Depositors of their obligations under the Receivables Purchase Agreement Agreements and (ii) exercise any and all rights, remedies, powers, privileges and claims lawfully available to the Issuer under such agreements to the extent and in the manner directed by the Indenture Trustee.

Appears in 2 contracts

Samples: Ford Credit Floorplan Corp, Ford Credit Floorplan LLC

Performance and Enforcement of Certain Obligations. (a) At the Administrator’s expense, the Issuer will promptly take all such lawful action as the Indenture Trustee may request to (i) compel the performance by (A1) the Depositor and the Servicer of their obligations to the Issuer under the Sale and Servicing Agreement Agreement, or (B2) the Depositor and Ford Credit of their obligations under the Purchase Agreement and (ii) exercise any and all rights, remedies, powers, privileges and claims lawfully available to the Issuer under such agreements to the extent and in the manner directed by the Indenture Trustee.

Appears in 2 contracts

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

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Performance and Enforcement of Certain Obligations. (a) At Promptly following a request from the Indenture Trustee to do so and at the Administrator’s 's expense, the Issuer will promptly shall take all such lawful action as the Indenture Trustee may request to (i) compel or secure the performance and observance by (A) the Depositor Transferor and the Servicer Servicer, as applicable, of each of their obligations to the Issuer under or in connection with the Sale and Servicing Agreement or (B) the Depositor Agreement, and Ford Credit of their obligations under the Purchase Agreement and (ii) to exercise any and all rights, remedies, powers, privileges powers and claims lawfully available to the Issuer under such agreements to the extent and in the manner directed by the Indenture Trustee.privileges

Appears in 1 contract

Samples: Indenture (Cityscape Corp)

Performance and Enforcement of Certain Obligations. (a) At the Administrator’s expense, the Issuer will promptly take all such lawful action as the Indenture Trustee may request to (i) compel the performance by (A1) the Depositor and the Servicer of their obligations to the Issuer under the Sale and Servicing Agreement Agreement, or (B2) the Depositor and Ford Credit of their obligations under or the Purchase Agreement and (ii) exercise any and all rights, remedies, powers, privileges and claims lawfully available to the Issuer under such agreements to the extent and in the manner directed by the Indenture Trustee.

Appears in 1 contract

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

Performance and Enforcement of Certain Obligations. (a) At the Administrator’s 's expense, the Issuer will promptly take all such lawful action as the Indenture Trustee may request to (i) compel the performance by (A1) the Depositor and the Servicer of their obligations to the Issuer under the Sale and Servicing Agreement Agreement, or (B2) the Depositor and Ford Credit of their obligations under or the Purchase Agreement and (ii) exercise any and all rights, remedies, powers, privileges and claims lawfully available to the Issuer under such agreements to the extent and in the manner directed by the Indenture Trustee.

Appears in 1 contract

Samples: Indenture, (Ford Credit Auto Receivables Two LLC)

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