Common use of Accumulation Period Reserve Account Draw Amounts Clause in Contracts

Accumulation Period Reserve Account Draw Amounts. On or before each Payment Date for the Controlled Accumulation Period, the Servicer will calculate the Series 20 - Accumulation Period Reserve Draw Amount and direct the Indenture Trustee to withdraw the amount from the Series 20 - Accumulation Period Reserve Account on that Payment Date and deposit the amount in the Collection Account for application as Available Investor Interest Collections.

Appears in 4 contracts

Samples: Series (Ford Credit Floorplan LLC), Series (Ford Credit Floorplan LLC), Ford Credit Floorplan LLC

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Accumulation Period Reserve Account Draw Amounts. On or before each Payment Date for the Controlled Accumulation Period, the Servicer will calculate the Series 20 - 2019-3 Accumulation Period Reserve Draw Amount and direct the Indenture Trustee to withdraw the amount from the Series 20 - 2019-3 Accumulation Period Reserve Account on that Payment Date and deposit the amount in the Collection Account for application as Available Investor Interest Collections.

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

Accumulation Period Reserve Account Draw Amounts. On or before each Payment Date for the Controlled Accumulation Period, the Servicer will calculate the Series 20 - 2020-1 Accumulation Period Reserve Draw Amount and direct the Indenture Trustee to withdraw the amount from the Series 20 - 2020-1 Accumulation Period Reserve Account on that Payment Date and deposit the amount in the Collection Account for application as Available Investor Interest Collections.

Appears in 2 contracts

Samples: Series 2020 (Ford Credit Floorplan LLC), Series 2020 (Ford Credit Floorplan LLC)

Accumulation Period Reserve Account Draw Amounts. On or before each Payment Date for the Controlled Accumulation Period, the Servicer will calculate the Series 20 - 2019-1 Accumulation Period Reserve Draw Amount and direct the Indenture Trustee to withdraw the amount from the Series 20 - 2019-1 Accumulation Period Reserve Account on that Payment Date and deposit the amount in the Collection Account for application as Available Investor Interest Collections.

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

Accumulation Period Reserve Account Draw Amounts. On or before each Payment Date for the Controlled Accumulation Period, the Servicer will calculate the Series 20 - 2018-1 Accumulation Period Reserve Draw Amount and direct the Indenture Trustee to withdraw the amount from the Series 20 - 2018-1 Accumulation Period Reserve Account on that Payment Date and deposit the amount in the Collection Account for application as Available Investor Interest Collections.

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

Accumulation Period Reserve Account Draw Amounts. On or before each Payment Date for the Controlled Accumulation Period, the Servicer will calculate the Series 20 - 2018-4 Accumulation Period Reserve Draw Amount and direct the Indenture Trustee to withdraw the amount from the Series 20 - 2018-4 Accumulation Period Reserve Account on that Payment Date and deposit the amount in the Collection Account for application as Available Investor Interest Collections.

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

Accumulation Period Reserve Account Draw Amounts. On or before each Payment Date for the Controlled Accumulation Period, the Servicer will calculate the Series 20 - 2018-2 Accumulation Period Reserve Draw Amount and direct the Indenture Trustee to withdraw the amount from the Series 20 - 2018-2 Accumulation Period Reserve Account on that Payment Date and deposit the amount in the Collection Account for application as Available Investor Interest Collections.

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

Accumulation Period Reserve Account Draw Amounts. On or before each Payment Date for the Controlled Accumulation Period, the Servicer will calculate the Series 20 - 2018-3 Accumulation Period Reserve Draw Amount and direct the Indenture Trustee to withdraw the amount from the Series 20 - 2018-3 Accumulation Period Reserve Account on that Payment Date and deposit the amount in the Collection Account for application as Available Investor Interest Collections.

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

Accumulation Period Reserve Account Draw Amounts. On or before each Payment Date for the Controlled Accumulation Period, the Servicer will calculate the Series 20 - 2016-5 Accumulation Period Reserve Draw Amount and direct the Indenture Trustee to withdraw the amount from the Series 20 - 2016-5 Accumulation Period Reserve Account on that Payment Date and deposit the amount in the Collection Account for application as Available Investor Interest Collections.

Appears in 2 contracts

Samples: Series 2016 (Ford Credit Floorplan Corp), Ford Credit Floorplan Corp

Accumulation Period Reserve Account Draw Amounts. On or before each Payment Date for the Controlled Accumulation Period, the Servicer will calculate the Series 20 - 2020-2 Accumulation Period Reserve Draw Amount and direct the Indenture Trustee to withdraw the amount from the Series 20 - 2020-2 Accumulation Period Reserve Account on that Payment Date and deposit the amount in the Collection Account for application as Available Investor Interest Collections.

Appears in 2 contracts

Samples: Series 2020 (Ford Credit Floorplan LLC), Ford Credit Floorplan LLC

Accumulation Period Reserve Account Draw Amounts. On or before each Payment Date for the Controlled Accumulation Period, the Servicer will calculate the Series 20 - 2017-2 Accumulation Period Reserve Draw Amount and direct the Indenture Trustee to withdraw the amount from the Series 20 - 2017-2 Accumulation Period Reserve Account on that Payment Date and deposit the amount in the Collection Account for application as Available Investor Interest Collections.

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

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Accumulation Period Reserve Account Draw Amounts. On or before each Payment Date for the Controlled Accumulation Period, the Servicer will calculate the Series 20 - 2016-1 Accumulation Period Reserve Draw Amount and direct the Indenture Trustee to withdraw the amount from the Series 20 - 2016-1 Accumulation Period Reserve Account on that Payment Date and deposit the amount in the Collection Account for application as Available Investor Interest Collections.

Appears in 2 contracts

Samples: Series 2016 (Ford Credit Floorplan Corp), Series 2016 (Ford Credit Floorplan Corp)

Accumulation Period Reserve Account Draw Amounts. On or before each Payment Date for the Controlled Accumulation Period, the Servicer will calculate the Series 20 - 2019-2 Accumulation Period Reserve Draw Amount and direct the Indenture Trustee to withdraw the amount from the Series 20 - 2019-2 Accumulation Period Reserve Account on that Payment Date and deposit the amount in the Collection Account for application as Available Investor Interest Collections.

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

Accumulation Period Reserve Account Draw Amounts. On or before each Payment Date for the Controlled Accumulation Period, the Servicer will calculate the Series 20 - 2017-3 Accumulation Period Reserve Draw Amount and direct the Indenture Trustee to withdraw the amount from the Series 20 - 2017-3 Accumulation Period Reserve Account on that Payment Date and deposit the amount in the Collection Account for application as Available Investor Interest Collections.

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

Accumulation Period Reserve Account Draw Amounts. On or before each Payment Date for the Controlled Accumulation Period, the Servicer will calculate the Series 20 - 2017-1 Accumulation Period Reserve Draw Amount and direct the Indenture Trustee to withdraw the amount from the Series 20 - 2017-1 Accumulation Period Reserve Account on that Payment Date and deposit the amount in the Collection Account for application as Available Investor Interest Collections.

Appears in 2 contracts

Samples: Ford Credit Floorplan Corp, Ford Credit Floorplan LLC

Accumulation Period Reserve Account Draw Amounts. On or before each Payment Date for the Controlled Accumulation Period, the Servicer will calculate the Series 20 - 2016-3 Accumulation Period Reserve Draw Amount and direct the Indenture Trustee to withdraw the amount from the Series 20 - 2016-3 Accumulation Period Reserve Account on that Payment Date and deposit the amount in the Collection Account for application as Available Investor Interest Collections.

Appears in 2 contracts

Samples: Ford Credit Floorplan Corp, Ford Credit Floorplan Corp

Accumulation Period Reserve Account Draw Amounts. On or before each Payment Date for the Controlled Accumulation Period, the Servicer will calculate the Series 20 - 2019-4 Accumulation Period Reserve Draw Amount and direct the Indenture Trustee to withdraw the amount from the Series 20 - 2019-4 Accumulation Period Reserve Account on that Payment Date and deposit the amount in the Collection Account for application as Available Investor Interest Collections.

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

Accumulation Period Reserve Account Draw Amounts. On or before each Payment Date for the Controlled Accumulation Period, the Servicer will calculate the Series 20 - 2016-4 Accumulation Period Reserve Draw Amount and direct the Indenture Trustee to withdraw the amount from the Series 20 - 2016-4 Accumulation Period Reserve Account on that Payment Date and deposit the amount in the Collection Account for application as Available Investor Interest Collections.

Appears in 2 contracts

Samples: Ford Credit Floorplan Corp, Ford Credit Floorplan Corp

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