Common use of Notice of Events of Default Clause in Contracts

Notice of Events of Default. The Issuer will notify the Indenture Trustee, the Servicer and the Rating Agencies as soon as practicable and within five Business Days after a Responsible Person of the Issuer has knowledge of an Event of Default.

Appears in 105 contracts

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

Notice of Events of Default. The Issuer will notify the Indenture Trustee, the Servicer and the Rating Agencies as soon as practicable and within five Business Days after a Responsible Person of the Issuer has actual knowledge of an Event of Default.

Appears in 53 contracts

Sources: Indenture (Ford Credit Floorplan LLC), Indenture (Ford Credit Auto Lease Trust 2015-B), Indenture (Ford Credit Auto Lease Trust 2015-B)

Notice of Events of Default. The Issuer will notify the Indenture Trustee, the Servicer and the Rating Agencies as soon as practicable and practicable, but in any event within five (5) Business Days after a Responsible Person of the Issuer has actual knowledge of an Event of Default.

Appears in 20 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)

Notice of Events of Default. The Issuer will notify the Indenture Trustee, the Servicer Trustee and the Rating Agencies as soon as practicable and within five 5 Business Days after a Responsible Person of the Issuer has obtains actual knowledge of an Event of Default.

Appears in 7 contracts

Sources: Indenture (Ford Credit Auto Owner Trust 2007-A), Indenture (Ford Credit Auto Owner Trust 2006-C), Indenture (Ford Credit Auto Owner Trust 2007-B)

Notice of Events of Default. The Issuer will notify the Indenture Trustee, the Servicer and the Rating Agencies as soon as practicable and within five Business Days after a Responsible Person of the Issuer has obtains actual knowledge of an Event of Default.

Appears in 5 contracts

Sources: Indenture (Ford Credit Auto Lease Trust 2011-B), Indenture (Ford Credit Auto Lease Trust 2011-B), Indenture (Ford Credit Auto Lease Trust 2011-A)

Notice of Events of Default. The Issuer will notify the Indenture Trustee, the Servicer and the Rating Agencies as soon as practicable and practicable, but in any event within [five (5)] Business Days after a Responsible Person of the Issuer has actual knowledge of an Event of Default.

Appears in 3 contracts

Sources: Indenture (Verizon ABS LLC), Indenture (Verizon ABS LLC), Indenture (Verizon ABS LLC)

Notice of Events of Default. The Issuer will notify the Indenture Trustee, the Servicer Rating Agencies and the Rating Agencies as soon as practicable and Swap Counterparties within five 5 Business Days after a Responsible Person of the Issuer has obtains actual knowledge of an Event of Default.

Appears in 3 contracts

Sources: Indenture (Ford Credit Auto Owner Trust 2008-B), Indenture (Ford Credit Auto Owner Trust 2008-A), Indenture (Ford Credit Auto Owner Trust 2008-C)

Notice of Events of Default. The Issuer will notify the Indenture Trustee, the Servicer Rating Agencies and the Rating Agencies as soon as practicable and Hedge Counterparties within five Business Days after a Responsible Person of the Issuer has obtains actual knowledge of an Event of Default.

Appears in 1 contract

Sources: Indenture (Ford Credit Auto Owner Trust 2009-A)

Notice of Events of Default. The Issuer will notify the Indenture Trustee, [the Hedge Counterparty], the Servicer and the Rating Agencies as soon as practicable and within five Business Days after a Responsible Person of the Issuer has obtains actual knowledge of an Event of Default.

Appears in 1 contract

Sources: Indenture (CAB West LLC)

Notice of Events of Default. The Issuer will notify the Indenture Trustee, the Servicer and Servicer, the Rating Agencies as soon as practicable and [the Hedge Counterparties] within five Business Days after a Responsible Person of the Issuer has actual knowledge of an Event of Default.

Appears in 1 contract

Sources: Indenture (Ford Credit Auto Receivables Two LLC)