Common use of Party B Agent Clause in Contracts

Party B Agent. Party A acknowledges that Party B has appointed Ford Motor Credit Company LLC as its agent under the Administration Agreement to carry out certain functions on behalf of Party B, and that Ford Motor Credit Company LLC shall be entitled to give notices and to perform and satisfy the obligations of Party B hereunder on behalf of Party B.

Appears in 3 contracts

Sources: Isda Master Agreement (Ford Credit Auto Owner Trust 2007-B), Isda Master Agreement (Ford Credit Auto Owner Trust 2008-A), Isda Master Agreement (Ford Credit Auto Owner Trust 2007-A)