Common use of No Default or Event of Default Clause in Contracts

No Default or Event of Default. Immediately after giving effect to the merger, consolidation or transfer, no Default or Event of Default will have occurred and be continuing;

Appears in 121 contracts

Sources: Indenture (Ford Credit Auto Lease Trust 2025-B), Indenture (Ford Credit Auto Lease Trust 2025-B), Indenture (CAB East LLC)

No Default or Event of Default. Immediately after giving effect to the mergerconsolidation, consolidation merger or transfer, no Default or Event of Default will have occurred and be continuing;

Appears in 5 contracts

Sources: Indenture (Ford Credit Auto Receivables Two LLC), Indenture (Ford Credit Auto Receivables Two LLC), Indenture (Ford Credit Auto Receivables Two LLC)

No Default or Event of Default. Immediately after giving effect to the merger, merger consolidation or transfer, no Default or Event of Default will have occurred and be continuing;

Appears in 2 contracts

Sources: Indenture (Ford Credit Auto Receivables Two LLC), Indenture (Ford Credit Auto Receivables Two LLC)