Common use of Sole Noteholder Clause in Contracts

Sole Noteholder. The Note Registrar and the Indenture Trustee may deal with the Clearing Agency as the sole Noteholder of the Book-Entry Notes for all purposes of this Indenture and will not be obligated to the Note Owners, except as stated in Section 7.2.

Appears in 106 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)

Sole Noteholder. The Note Registrar and the Indenture Trustee may deal with the Clearing Agency as the sole Noteholder of the Book-Entry Notes for all purposes of this Indenture and will not be obligated to the Note Owners, except as stated in Section 7.27.1.

Appears in 78 contracts

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

Sole Noteholder. The Note Registrar and the Indenture Trustee may will be entitled to deal with the Clearing Agency as the sole Noteholder of the Book-Entry Notes for all purposes of this Indenture and will not be obligated have no obligation to the Note Owners, except as stated in Section 7.2.

Appears in 1 contract

Sources: Indenture (Ford Credit Auto Receivables Two LLC)

Sole Noteholder. The Note Registrar and the Indenture Trustee may deal with the Clearing Agency as the sole Noteholder of the Book-Entry Notes for all purposes of this Indenture and will not be obligated to the Note Owners[[, except as stated in Section 7.27.1]].

Appears in 1 contract

Sources: Indenture (Verizon Master Trust)