Amendments Without Consent of Noteholders. This Agreement may be amended by the Grantor and the Grantor Trust Trustee without the consent of any of the Noteholders (i) to cure any ambiguity, (ii) to correct or supplement any provision in this Agreement that may be defective or inconsistent with any other provision in this Agreement or any other Transaction Document or with any description thereof in the Prospectus or the Certificate Private Placement Memorandum, (iii) to add to the covenants, restrictions or obligations of the Grantor or the Grantor Trust Trustee, (iv) to evidence and provide for the acceptance of the appointment of a successor trustee with respect to the Grantor Trust Collateral and add to or change any provisions as shall be necessary to facilitate the administration of the trusts hereunder by more than one trustee pursuant to Article VI, (v) to add, change or eliminate any other provision of this Agreement in any manner that shall not, as evidenced by an Opinion of Counsel, materially and adversely affect the interests of the Noteholders or (vi) if the Rating Agency Condition is satisfied with respect to such amendment and the Depositor or the Owner Trustee notifies the Indenture Trustee in writing that the Rating Agency Condition is satisfied with respect to such amendment.
Amendments Without Consent of Noteholders. (a) Without the consent of the Noteholders but with prior written notice to the Rating Agencies, as evidenced to the Indenture Trustee and the Issuer, when authorized by an Issuer Order, at any time and from time to time, the parties hereto may enter into one or more amendments hereto, in form satisfactory to the Indenture Trustee and the Owner Trustee, for any of the following purposes:
Amendments Without Consent of Noteholders. (a) Except as otherwise provided in the Series Supplement, without the consent of the Holders of any Notes but with prior written notice to the Rating Agencies, as evidenced to the Trustee and the Issuer, when authorized by an Issuer Order, at any time and from time to time, the parties hereto may enter into one or more amendments hereto, in form satisfactory to the Trustee, for any of the following purposes:
Amendments Without Consent of Noteholders. (a) Without the consent of the Holders of any Notes or any other Person but with the consent of the Issuer, the Indenture Trustee, the Administrator, the Servicer and the Administrative Agent, and with prior notice to the Note Rating Agency that has rated any Outstanding Notes, at any time and from time to time, upon delivery of an Issuer Tax Opinion and upon delivery by the Issuer to the Indenture Trustee of an Officer’s Certificate to the effect that the Issuer reasonably believes that such amendment will not have an Adverse Effect may amend this Indenture for any of the following purposes:
Amendments Without Consent of Noteholders. 46 Section 9.2. Amendments with Consent of Controlling Class 47 Section 9.3. Execution of Amendments 48 Section 9.4. Effect of Amendment 48 Section 9.5. Conformity with TIA. 49 Section 9.6. Reference in Notes to Supplemental Indentures 49 ARTICLE X REDEMPTION OF NOTES 49 Section 10.1. Redemption 49 ARTICLE XI OTHER AGREEMENTS 50 Section 11.1. No Petition 50 Section 11.2. Limited Recourse; Subordination of Claims Against Titling Companies 50 Section 11.3. Limited Recourse; Subordination of Claims against Depositor 51 Section 11.4. Issuer Orders; Certificates and Opinions 51 Section 11.5. Acts of Noteholders 53 Section 11.6. Conflict with Trust Indenture Act 53 Section 11.7. Issuer Obligation 54 ARTICLE XII MISCELLANEOUS 54 Section 12.1. Benefits of Indenture; Third-Party Beneficiaries 54 Section 12.2. Notices 54 Section 12.3. GOVERNING LAW 55 Section 12.4. Submission to Jurisdiction 55 Section 12.5. WAIVER OF JURY TRIAL 55 Section 12.6. No Waiver; Remedies 55 Section 12.7. Severability 55 Section 12.8. Headings 55 Section 12.9. Counterparts 55 Schedule A Notice Addresses SA-1 Exhibit A Form of Notes EA-1 INDENTURE, dated as of October 1, 2017 (this “Indenture”), between FORD CREDIT AUTO LEASE TRUST 2017-B, a Delaware statutory trust, as Issuer, and U.S. BANK NATIONAL ASSOCIATION, a national banking association, as Indenture Trustee for the benefit of the Secured Parties. In connection with a securitization transaction sponsored by Ford Credit, the Issuer will issue Notes secured by the 2017-B Exchange Note issued by the Titling Companies and purchased by the Issuer from the Depositor, who purchased it from Ford Credit. The 2017-B Exchange Note is secured by a reference pool of Leases and Leased Vehicles purchased by the Titling Companies from motor vehicle dealers. The parties agree as follows:
Amendments Without Consent of Noteholders. (a) Except as otherwise provided in the Series Supplement, without the consent of the Holders of any Notes but with the prior written consent of the Insurer (for so long as the Insurer is the Controlling Party) and with prior written notice to the Rating Agencies, as evidenced to the Indenture Trustee and the Issuer, when authorized by an Issuer Order, at any time and from time to time, the parties hereto may enter into one or more amendments hereto, in form satisfactory to the Indenture Trustee and the Insurer (for so long as it is the Controlling Party), for any of the following purposes:
Amendments Without Consent of Noteholders. Except as otherwise provided in the Series Supplement, without the consent of the Holders of any Notes but with prior written notice to the Rating Agencies, as evidenced to the Indenture Trustee and the Issuer, when authorized by an Issuer Order, at any time and from time to time, the parties hereto may enter into one or more amendments hereto, in form satisfactory to the Indenture Trustee, for any of the following purposes: to correct or amplify the description of any property at any time subject to the lien of this Indenture, or better to assure, convey and confirm unto the Indenture Trustee any property subject or required to be subjected to the lien of this Indenture, or to subject to the lien of this Indenture additional property; to evidence the succession, in compliance with the applicable provisions hereof, of another person to the Issuer, and the assumption by any such successor of the covenants of the Issuer herein and in the Notes contained; to add to the covenants of the Issuer, for the benefit of the Holders of the Notes, or to surrender any right or power herein conferred upon the Issuer; to convey, transfer, assign, mortgage or pledge any property to or with the Indenture Trustee; to cure any ambiguity, to correct or supplement any provision herein or in any Series Supplement which may be inconsistent with any other provision herein or in any Series Supplement or to make any other provisions with respect to matters or questions arising under this Indenture or in any Series Supplement; provided that such action shall not adversely affect the interests of the Holders of the Notes; to evidence and provide for the acceptance of the appointment hereunder by a successor trustee with respect to the Notes and to add to or change any of the provisions of this Indenture as shall be necessary to facilitate the administration of the trusts hereunder by more than one trustee, pursuant to the requirements of Article VI; or to modify, eliminate or add to the provisions of this Indenture to such extent as shall be necessary to effect the qualification of this Indenture under the TIA or under any similar federal statute hereafter enacted and to add to this Indenture such other provisions as may be expressly required by the TIA. The Indenture Trustee is hereby authorized to join in the execution of any amendment and to make any further appropriate agreements and stipulations that may be therein contained. Except as otherwise provided in the Series Supplement,...
Amendments Without Consent of Noteholders. (a) Without the consent of the Noteholders but with the prior written consent of the Insurer (for so long as it is the Controlling Party) and with prior written notice to the Rating Agencies, as evidenced to the Indenture Trustee and the Issuer, when authorized by an Issuer Order, at any time and from time to time, the parties hereto may enter into one or more amendments hereto, in form satisfactory to the Indenture Trustee, the Owner Trustee and the Insurer (so long as no Insurer Default has occurred and is continuing), for any of the following purposes:
Amendments Without Consent of Noteholders. At any time after the date hereof, the Company may and the Trustee shall, at the Company’s request, enter into, and/or cause the Security Agent to enter into, one or more amendments or supplements to this Indenture, the Notes or any other Operative Document without notice to or consent of any Noteholder:
Amendments Without Consent of Noteholders. 50 Section 10.2. Amendments with Consent of Noteholders and Third Parties........ 51 Section 10.3.
