Conditions for Release. (i) Before depositing property or securities with the Indenture Trustee that is to be made the basis for the release of any Collateral subject to the Lien of this Indenture, the Issuer will furnish to the Indenture Trustee (A) an Officer’s Certificate stating the opinion of each Responsible Person signing the certificate about the fair value (within 90 days before the deposit) to the Issuer of the property or securities to be so deposited and
Appears in 2 contracts
Sources: Indenture (Ford Credit Auto Owner Trust 2016-C), Indenture (Ford Credit Auto Owner Trust 2016-C)