Account Types. The Financial Institution agrees that each Collateral Account is, and will be maintained as, either a “securities account” (as defined in Section 8-501 of the UCC) or a “deposit account” (as defined in Section 9-102(a)(29) of the UCC).
Appears in 103 contracts
Samples: Account Control Agreement (Ford Credit Auto Owner Trust 2022-A), Account Control Agreement (Ford Credit Auto Owner Trust 2022-A), Account Control Agreement (Ford Credit Auto Lease Trust 2021-B)
Account Types. The Financial Institution agrees that each Collateral Account is, and will be maintained as, either a “"securities account” " (as defined in Section 8-501 of the UCC) or a “"deposit account” " (as defined in Section 9-102(a)(29) of the UCC).
Appears in 35 contracts
Samples: Account Control Agreement (Ford Credit Floorplan LLC), Account Control Agreement (Ford Credit Auto Lease Trust 2025-A), Account Control Agreement (Ford Credit Auto Lease Trust 2025-A)
Account Types. The Financial Institution agrees that each the Collateral Account is, and will be maintained as, either a “securities account” (as defined in Section 8-501 of the UCC) or a “deposit account” (as defined in Section 9-102(a)(29) of the UCC).
Appears in 27 contracts
Samples: Account Control Agreement (Ford Credit Auto Lease Trust 2023-A), Account Control Agreement (Ford Credit Auto Lease Trust 2023-A), Account Control Agreement (Ford Credit Auto Lease Trust 2021-B)
Account Types. The Financial Institution agrees that each the Collateral Account is, and will be maintained as, either a “"securities account” " (as defined in Section 8-501 of the UCC) or a “"deposit account” " (as defined in Section 9-102(a)(29) of the UCC).
Appears in 11 contracts
Samples: Account Control Agreement (Ford Credit Auto Lease Trust 2025-A), Account Control Agreement (Ford Credit Auto Lease Trust 2025-A), Account Control Agreement (Ford Credit Auto Lease Trust 2024-B)
