Common use of Notice of Resignation or Removal Clause in Contracts

Notice of Resignation or Removal. The Administrator will notify the Depositor, the Indenture Trustee and the Rating Agencies of any resignation or removal of the Owner Trustee.

Appears in 69 contracts

Samples: Trust Agreement (Ford Credit Auto Owner Trust 2024-A), Trust Agreement (Ford Credit Auto Owner Trust 2024-A), Trust Agreement (Ford Credit Auto Owner Trust 2023-C)

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Notice of Resignation or Removal. The Administrator will notify the Depositor, the Indenture Trustee and the Rating Agencies of any resignation or removal of the Owner a Co-Trustee.

Appears in 32 contracts

Samples: Trust Agreement (Ford Credit Auto Lease Trust 2024-A), Trust Agreement (Ford Credit Auto Lease Trust 2024-A), Trust Agreement (Ford Credit Auto Lease Trust 2023-B)

Notice of Resignation or Removal. The Administrator will notify the Depositor, the Indenture Trustee Master Collateral Agent and the Rating Agencies Agencies, if any, of any resignation or removal of the Owner Trustee.

Appears in 4 contracts

Samples: Trust Agreement (Verizon Master Trust), Trust Agreement (Verizon Master Trust), Trust Agreement (Verizon Master Trust)

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Notice of Resignation or Removal. The Administrator will give notice of removal to the Owner Trustee. The Administrator will notify the Depositor, the Indenture Trustee and the Rating Agencies of any resignation or removal of the Owner Trustee.

Appears in 1 contract

Samples: Trust Agreement (Ford Credit Auto Receivables Two LLC)

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