Common use of Proceedings Clause in Contracts

Proceedings. No Noteholder has the right to start a proceeding under this Indenture or for the appointment of a receiver or trustee, or for any other remedy under this Indenture, unless:

Appears in 74 contracts

Samples: Indenture (Ford Credit Auto Owner Trust 2024-A), Indenture (Ford Credit Auto Owner Trust 2024-A), Indenture (Ford Credit Auto Lease Trust 2024-A)

AutoNDA by SimpleDocs

Proceedings. No Noteholder has the right to start a proceeding Proceeding under this Indenture or for the appointment of a receiver or trustee, or for any other remedy under this Indenture, unlessunless all of the following have occurred:

Appears in 36 contracts

Samples: Indenture (Verizon Master Trust), Verizon Master Trust, Verizon Master Trust

Proceedings. No Noteholder has the right to start a proceeding Proceeding under this Indenture or for the appointment of a receiver or trustee, or for any other remedy under this Indenture, unlessexcept (1) pursuant to the dispute resolution procedures described in Section 11.2 of the Transfer and Servicing Agreement or (2) if:

Appears in 23 contracts

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

AutoNDA by SimpleDocs

Proceedings. No Noteholder has the right to start a proceeding Proceeding under this Indenture or for the appointment of a receiver or trustee, or for any other remedy under this Indenture, unless:

Appears in 14 contracts

Samples: Indenture (Ford Credit Auto Owner Trust 2016-B), Indenture (Ford Credit Auto Owner Trust 2016-B), Indenture (Ford Credit Auto Lease Two LLC)

Time is Money Join Law Insider Premium to draft better contracts faster.