Common use of Early Amortization Declarations Clause in Contracts

Early Amortization Declarations. Yes No 1. Breach of covenants or agreements made in the Sale and Servicing Agreement, Indenture or Indenture Supplement and uncured for 60 days o o 2. Failure to make any required payment or deposit under the Sale and Servicing Agreement, Indenture or Indenture Supplement and uncured for 5 Business Days o o 3. Breach of any representation or warranty made in the Sale and Servicing Agreement, Indenture or Indenture Supplement and uncured for 60 days o o 4. Bankruptcy, insolvency or receivership of Ford Credit, FCFMOTA or Ford o o 5. FCFMOTA is an investment company within the meaning of the Investment Company Act of 1940 o o

Early Amortization Declarations. Yes No 1. Breach of covenants or agreements made in the Sale and Servicing Agreement, Indenture or Indenture Supplement and uncured for 60 days o o¨ ¨ 2. Failure to make any required payment or deposit under the Sale and Servicing Agreement, Indenture or Indenture Supplement and uncured for 5 Business Days o o¨ ¨ 3. Breach of any representation or warranty made in the Sale and Servicing Agreement, Indenture or Indenture Supplement and uncured for 60 days o o¨ ¨ 4. Bankruptcy, insolvency or receivership of Ford Credit, FCFMOTA or Ford o o ¨ ¨ 5. FCFMOTA is an investment company within the meaning of the Investment Company Act of 1940 o o¨ ¨