Common use of Credit Risk Retention Clause in Contracts

Credit Risk Retention. As of the Determination Date, Ford Motor Credit Company LLC, through the Depositors, maintained a seller’s interest in the Trust equal to at least 5% of each series of ABS interests issued by the Trust according to Regulation RR under the Securities Exchange Act of 1934. The seller’s interest is represented by the Depositor Interest, which is required to be maintained and made available for the Series 2 Notes in an amount equal to the percentage stated below (which is the Subordinated Percentage for the Series 2 Notes) of the aggregate unpaid principal balance of the Series 2 Notes: Seller’s Interest %

Credit Risk Retention. As of the Determination Date, Ford Motor Credit Company LLC, through the Depositors, maintained a seller’s interest in the Trust equal to at least 5% of each series of ABS interests issued by the Trust according to Regulation RR under the Securities Exchange Act of 19341933. The seller’s interest is represented by the Depositor Interest, which is required to be maintained and made available for the Series 2 Notes in an amount equal to the percentage stated below (which is the Subordinated Percentage for the Series 2 Notes) of the aggregate unpaid principal balance of the Series 2 Notes: Seller’s Interest %