Notice of Claim. If a Person asserts a lien, encumbrance or claim against a Collateral Account (or in the cash or other financial assets credited to a Collateral Account), the Financial Institution will promptly notify the Secured Party.
Appears in 125 contracts
Samples: Account Control Agreement (Ford Credit Auto Owner Trust 2024-A), Account Control Agreement (Ford Credit Auto Owner Trust 2024-A), Titling Company Account Control Agreement (Ford Credit Auto Lease Trust 2024-A)
Notice of Claim. If a Person asserts a lien, encumbrance or claim Lien against a Collateral Account (or in the cash or other financial assets credited to a Collateral Account), the Financial Institution will promptly notify the Secured Party.
Appears in 51 contracts
Samples: Control Agreement (Verizon Master Trust), Account Control Agreement (Verizon Master Trust), Control Agreement (Verizon Master Trust)
Notice of Claim. If a Person asserts a lien, encumbrance or claim against a the Collateral Account (or in the cash or other financial assets credited to a the Collateral Account), the Financial Institution will promptly notify the Secured Party.
Appears in 34 contracts
Samples: Account Control Agreement (Ford Credit Auto Lease Trust 2024-A), Account Control Agreement (Ford Credit Auto Lease Trust 2024-A), Account Control Agreement (Ford Credit Auto Lease Trust 2023-B)
Notice of Claim. If a Person asserts a lien, encumbrance or claim Lien against a the Collateral Account (or in the cash or other financial assets credited to a the Collateral Account), the Financial Institution will promptly notify the Secured Party.
Appears in 3 contracts
Samples: Control Agreement (Verizon Master Trust), Control Agreement (Verizon Master Trust), Account Control Agreement (Verizon Master Trust)
