Valid Obligation. Notes issued on the registration of transfer or exchange of Notes will be the valid obligations of the Issuer, evidencing the same debt, and have the same benefits under this Indenture as the Notes surrendered for registration of transfer or exchange.
Appears in 109 contracts
Samples: Indenture (Ford Credit Auto Owner Trust 2024-A), Indenture (Ford Credit Auto Lease Trust 2024-A), Indenture (Ford Credit Auto Lease Trust 2024-A)
Valid Obligation. Notes issued on the registration of transfer or exchange of Notes will be the valid obligations of the IssuerTrust, evidencing the same debt, and have the same benefits under this Indenture as the Notes surrendered for registration of transfer or exchange.
Appears in 35 contracts
Samples: Indenture (Verizon Master Trust), Verizon Master Trust, Verizon Master Trust
Valid Obligation. Notes Each Exchange Note issued on the registration of transfer or exchange of Notes an Exchange Note will be the valid obligations obligation of the IssuerBorrowers, evidencing the same debt, and have the same benefits under this Indenture Agreement and the related Exchange Note Supplement as the Notes Exchange Note surrendered for registration of transfer or exchangetransfer.
Appears in 6 contracts
Samples: Credit and Security Agreement (CAB East LLC), Credit and Security Agreement (CAB East LLC), Credit and Security Agreement (CAB East LLC)
Valid Obligation. Notes issued on the registration of transfer or exchange of Notes will be the valid obligations of the Issuer, evidencing the same debt, and have entitled to the same benefits under this Indenture as the Notes surrendered for registration of transfer or exchange.
Appears in 1 contract
