Application of Available Funds in Collection Account and Other Sources. (a) As long as the Indenture Trustee has received the Monthly Investor Report by the related Determination Date, the Indenture Trustee (based on the information in the Monthly Investor Report) will, on each Payment Date and to the extent of Available Investor Interest Collections in the Collection Account, make the following applications, payments or deposits in the following order of priority:
Appears in 37 contracts
Samples: Series 2012 (Ford Credit Floorplan Master Owner Trust a Series 2012-4), Series 2012 (Ford Credit Floorplan Master Owner Trust a Series 2012-2), Ford Credit Floorplan Master Owner Trust A
