Available Investor Interest Collections. If 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:
(i) to the Noteholders of each Class of Class A Notes, the Accrued Note Interest for each Class of Class A Notes for that Payment Date or, if Available Investor Interest Collections are insufficient to pay the Accrued Note Interest in full for each Class of Class A Notes, to the Noteholders of each Class of Class A Notes, pro rata, based on the Note Balance of each Class of Class A Notes;
(ii) to the Noteholders of the Class B Notes, the Accrued Note Interest for the Class B Notes for that Payment Date;
(iii) to the Noteholders of the Class C Notes, the Accrued Note Interest for the Class C Notes for that Payment Date;
(iv) to the Noteholders of the Class D Notes, the Accrued Note Interest for the Class D Notes for that Payment Date;
(v) pro rata, to the payment of all amounts, including indemnities, then due to the Owner Trustee, the Indenture Trustee and the Asset Representations Reviewer for the Series 2019-3 Notes, and, to or at the direction of the Issuer, any expenses incurred by the Issuer for the Series 2019-3 Notes according to the Transaction Documents, in each case, if not paid by the Servicer or the Administrator, up to a maximum of $375,000 per year;
(vi) pro rata (A) to the Back-up Servicer, the Monthly Back-up Servicing Fee for that Payment Date, if any, together with any Monthly Back-up Servicing Fees previously due but not paid on prior Payment Dates, and (B) if Ford Credit or one of its Affiliates is no longer the Servicer, to the Servicer, the Monthly Servicing Fee for that Payment Date, together with any Monthly Servicing Fees previously due but not paid on prior Payment Dates (unless the amount has been netted against deposits in the Collection Account according to Section 8.4(c) of the Indenture);
(vii) to treat as Available Investor Principal Collections for that Payment Date, the Investor Default Amount for that Payment Date;
(viii) to the Series 2019-3 Reserve Account, the Series 2019-3 Reserve Account Deposit Amount for that Payment Date;
(ix) to treat as Available Investor Principal Collections for that Payment Date, the sum of Investor Charge-Offs th...
