Use of Agents. The Indenture Trustee may exercise its rights or powers under this Indenture or perform its obligations under this Indenture either directly or by or through agents or attorneys or a custodian or nominee. The Indenture Trustee will not be responsible for misconduct or negligence on the part of, or for the supervision of, the agent, attorney, custodian or nominee appointed by it with due care.
Appears in 72 contracts
Samples: Indenture (Ford Credit Auto Owner Trust 2020-C), Indenture (Ford Credit Auto Owner Trust 2022-D), Indenture (CAB East LLC)
Use of Agents. The Indenture Trustee may exercise its rights or powers under this Indenture or perform its obligations under this Indenture either directly or by or through agents or attorneys or a custodian or nominee. The Indenture Trustee will not be responsible for misconduct or negligence on the part of, or for the supervision of, the agent, attorneycounsel, custodian or nominee appointed with due care by it with due careunder this Indenture.
Appears in 70 contracts
Samples: Verizon Master Trust, Indenture (Ford Credit Auto Owner Trust 2016-B), Indenture (Ford Credit Auto Receivables Two LLC)