Common use of Noteholder Consent Clause in Contracts

Noteholder Consent. For any amendment to this Agreement or any other Transaction Document requiring the consent of the Noteholders, the Owner Trustee will notify the Indenture Trustee to request consent from the Noteholders and follow its reasonable procedures to obtain consent.

Appears in 121 contracts

Sources: Trust Agreement (Ford Credit Auto Owner Trust 2025-B), Trust Agreement (Ford Credit Auto Owner Trust 2025-B), Trust Agreement (Ford Credit Auto Lease Trust 2025-B)

Noteholder Consent. For any amendment to this Agreement Indenture or any other Transaction Document requiring the consent of the Noteholders, the Owner Indenture Trustee will will, when directed by Issuer Order, notify the Indenture Trustee Noteholders to request consent from the Noteholders and follow its reasonable procedures to obtain consent.

Appears in 104 contracts

Sources: Indenture (Ford Credit Auto Owner Trust 2025-B), Indenture (Ford Credit Auto Owner Trust 2025-B), Indenture (Ford Credit Auto Lease Trust 2025-B)

Noteholder Consent. For any amendment to this Agreement Indenture or any other Transaction Document requiring the consent of the Noteholders, the Owner Indenture Trustee will will, when directed by Trust Order, notify the Indenture Trustee Noteholders to request consent from the Noteholders and follow its reasonable procedures to obtain consent. For the avoidance of doubt, any Noteholder consenting to any amendment shall be deemed to agree that such amendment does not have a material adverse effect on such Noteholder.

Appears in 56 contracts

Sources: Indenture (Verizon Master Trust), Indenture (Verizon Master Trust), Indenture Agreement (Verizon Master Trust)

Noteholder Consent. For any amendment to this Agreement Indenture or any other Transaction Document requiring the consent of the Noteholders, the Owner Indenture Trustee will will, when directed by Issuer Order, notify the Indenture Trustee Noteholders to request consent from the Noteholders and follow its reasonable procedures to obtain consent. For the avoidance of doubt, any Noteholder consenting to any amendment shall be deemed to agree that such amendment does not have a material adverse effect on such Noteholder.

Appears in 23 contracts

Sources: Omnibus Amendment (Verizon Owner Trust 2020-A), Transfer and Servicing Agreement (Verizon Owner Trust 2020-B), Omnibus Amendment (Verizon Owner Trust 2020-C)

Noteholder Consent. For any amendment to this Agreement Indenture or any other Transaction Document requiring the consent of the Noteholders, the Owner Indenture Trustee will notify the Indenture Trustee Noteholders to request consent from the Noteholders and follow its reasonable procedures to obtain consent.

Appears in 3 contracts

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