Common use of Updating List of Responsible Persons Clause in Contracts

Updating List of Responsible Persons. On or before the Closing Date, the Administrator will notify the Owner Trustee, the Indenture Trustee, the Servicer and the Depositor of each Person who is a Responsible Person for the Administrator. The Administrator may change such Persons by notifying the Owner Trustee, the Indenture Trustee, the Servicer and the Depositor.

Appears in 58 contracts

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

Updating List of Responsible Persons. On or before the Closing Date, the Administrator will notify the Owner Trustee, the Indenture Trustee, the Servicer and the Depositor of each Person who is a Responsible Person for the Administrator. The Administrator may change such Persons at any time by notifying the Owner Trustee, the Indenture Trustee, the Servicer and the Depositor.

Appears in 18 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)

Updating List of Responsible Persons. On or before the Closing Date, the Administrator will notify the Owner Trustee, the Indenture Trustee, the Servicer and the Depositor of each Person who is a Responsible Person for the Administrator. The Administrator , which Persons may change such Persons be changed by notifying notice to the Owner Trustee, the Indenture Trustee, the Servicer and the Depositor.

Appears in 4 contracts

Sources: Administration Agreement (Ford Credit Auto Receivables Two LLC), Administration Agreement (Ford Credit Auto Receivables Two LLC), Administration Agreement (Ford Credit Auto Receivables Two LLC)

Updating List of Responsible Persons. On or before the a Closing Date, the Administrator will notify the Owner Trustee, the Master Collateral Agent, each Indenture Trustee, the Servicer and the Depositor of each Person who is a Responsible Person for the Administrator. The Administrator may change such Persons at any time by notifying the Owner Trustee, the Master Collateral Agent, each Indenture Trustee, the Servicer and the Depositor.

Appears in 3 contracts

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

Updating List of Responsible Persons. On or before the Closing Date, the Administrator will notify the Owner Trustee, the Indenture Trustee, the Servicer Titling Companies, the Servicer, the Holding Companies and the Depositor of each Person who is a Responsible Person for the Administrator. The Administrator may change such Persons by notifying the Owner Trustee, the Indenture Trustee, the Servicer Titling Companies, the Servicer, the Holding Companies and the Depositor.

Appears in 2 contracts

Sources: Administration Agreement (CAB East LLC), Administration Agreement (CAB East LLC)

Updating List of Responsible Persons. On or before the Closing Date, the Administrator will notify the Owner Trustee, the Indenture Trustee, the Servicer and the Depositor of each Person who is a Responsible Person for the Administrator. The Administrator , which Person may change such Persons be changed by notifying notice to the Owner Trustee, the Indenture Trustee, the Servicer and the Depositor.

Appears in 1 contract

Sources: Administration Agreement (Ford Credit Auto Receivables Two LLC)