Common use of Sole Noteholder Clause in Contracts

Sole Noteholder. The Note Registrar and the Indenture Trustee may deal with the Clearing Agency as the sole Noteholder of the Book-Entry Notes for all purposes of this Indenture and will not be obligated to the Note Owners, except as stated in Section 7.2.

Appears in 112 contracts

Sources: Indenture (Ford Credit Auto Owner Trust 2026-A), Indenture (Ford Credit Auto Owner Trust 2026-A), Indenture (Ford Credit Auto Lease Trust 2026-A)

Sole Noteholder. The Note Registrar and the Indenture Trustee may deal with the Clearing Agency as the sole Noteholder of the Book-Entry Notes for all purposes of this Indenture and will not be obligated to the Note Owners, except as stated in Section 7.27.1.

Appears in 83 contracts

Sources: Indenture (Verizon Master Trust), Indenture (Verizon Master Trust), Indenture (Verizon Master Trust)

Sole Noteholder. The Note Registrar and the Indenture Trustee may will be entitled to deal with the Clearing Agency as the sole Noteholder of the Book-Entry Notes for all purposes of this Indenture and will not be obligated have no obligation to the Note Owners, except as stated in Section 7.2.

Appears in 1 contract

Sources: Indenture (Ford Credit Auto Receivables Two LLC)

Sole Noteholder. The Note Registrar and the Indenture Trustee may deal with the Clearing Agency as the sole Noteholder of the Book-Entry Notes for all purposes of this Indenture and will not be obligated to the Note Owners[[, except as stated in Section 7.27.1]].

Appears in 1 contract

Sources: Indenture (Verizon Master Trust)