Common use of Deposit of Note Redemption Price Clause in Contracts

Deposit of Note Redemption Price. The Issuer will cause the Servicer to deposit on the Business Day before the Redemption Date (or, with satisfaction of the Rating Agency Condition, on the Redemption Date) in the Collection Account the amount required under Section 8.1 of the Sale and Servicing Agreement, and the Notes will be paid in full on the Redemption Date.

Appears in 52 contracts

Samples: Indenture (Ford Credit Auto Owner Trust 2024-D), Indenture (Ford Credit Auto Receivables Two LLC), Indenture (Ford Credit Auto Owner Trust 2024-C)

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Deposit of Note Redemption Price. The Issuer will cause the Servicer to deposit on the Business Day before the Redemption Date (or, with satisfaction of the Rating Agency Condition, on the Redemption Date) in the Exchange Note Collection Account the amount required under Section 8.1 6.1 of the Sale and Servicing AgreementSupplement, and the Notes will be paid in full on the Redemption Date.

Appears in 28 contracts

Samples: Indenture (Ford Credit Auto Lease Trust 2024-B), Indenture (Ford Credit Auto Lease Trust 2024-B), Indenture (Ford Credit Auto Lease Trust 2024-A)

Deposit of Note Redemption Price. The Issuer will cause the Servicer to deposit on the Business Day before the Redemption Date (or, with satisfaction of the Rating Agency Condition, on the Redemption Date) in the Collection Account the amount required under Section 8.1 5.1 of the Sale and Servicing AgreementExchange Note Supplement, and the Notes will be paid in full on the Redemption Date.

Appears in 9 contracts

Samples: Indenture (Ford Credit Auto Lease Trust 2017-B), Indenture (Ford Credit Auto Lease Trust 2017-B), Indenture (Ford Credit Auto Lease Trust 2017-A)

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Deposit of Note Redemption Price. The Issuer will cause the Servicer to deposit on the Business Day before prior to the Redemption Date (or, with satisfaction of the Rating Agency Condition, on the Redemption Date) in the Collection Account the amount required under Section 8.1 of the Sale and Servicing Agreement, and the Notes will be paid in full on the Redemption Date.

Appears in 7 contracts

Samples: Indenture (Ford Credit Auto Owner Trust 2016-A), Indenture (Ford Credit Auto Owner Trust 2016-A), Indenture (Ford Credit Auto Receivables Two LLC)

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