CREDIT RISK RETENTION INFORMATION. The fair value of the Notes and the Residual Interest on the Closing Date is summarized below: Fair Value (Mils.) Fair Value (%) Class A notes $ % Class B notes $ % Class C notes $ % Class D notes $ % Residual Interest $ % Total $ % The Depositor must retain a Residual Interest with a fair value of at least 5% of the aggregate value of the Notes and Residual Interest, or $[insert dollar amount equal to 5% of the aggregate value of the Notes and Residual Interest], according to Regulation RR. [Description of material differences, if any, in methodology or key inputs and assumptions.]
Appears in 8 contracts
Samples: Servicing Agreement (Ford Credit Auto Lease Trust 2024-B), Servicing Agreement (Ford Credit Auto Lease Trust 2024-B), Servicing Agreement (Ford Credit Auto Lease Trust 2024-A)
CREDIT RISK RETENTION INFORMATION. The fair value of the Notes and the Residual Interest on the Closing Date is summarized below: . Fair Value (Mils.) Fair Value (%) Class A notes $ % Class B notes $ % Class C notes $ % Class D notes $ % Residual Interest $ % Total $ % The Depositor must retain a Residual Interest with a fair value of at least 5% of the aggregate value of the Notes and Residual Interest, or $[insert dollar amount equal to 5% of the aggregate value of the Notes and Residual Interest], according to Regulation RR. [Description of material differences, if any, in methodology or key inputs and assumptions.]
Appears in 2 contracts
Samples: Servicing Agreement (Ford Credit Auto Lease Trust 2022-A), Servicing Agreement (Ford Credit Auto Lease Trust 2022-A)