Common use of Early Amortization Declarations Clause in Contracts

Early Amortization Declarations. Yes No 1. Breach of covenants or agreements made in the SSA, Indent. Or Supp. And uncured for 60 days 2. Failure to make any req. pmt. or deposit under SSA, Indent. or Supp. and uncured for 5 bus. days 3. Breach of any rep. or warranty made in the SSA, Indent. or Supp. and uncured for 60 days 4. Bankruptcy, insolvency or receivership of Ford Credit, FCFMOTA or Ford 5. FCFMOTA is an investment company within the meaning of the ICA of 1940 6. Failure of FCF Corp or FCF LLC to convey Receiv. pursuant to the SSA and uncured for 10 days

Appears in 6 contracts

Samples: Indenture Supplement (Ford Credit Floorplan Master Owner Trust a Series 2012-5), Indenture Supplement (Ford Credit Floorplan Master Owner Trust a Series 2012-4), Indenture Supplement (Ford Credit Floorplan Master Owner Trust a Series 2012-4)

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Early Amortization Declarations. Yes No 1. Breach of covenants or agreements made in the SSA, Indent. Or or Supp. And and uncured for 60 days 2. Failure to make any req. pmt. or deposit under SSA, Indent. or Supp. and uncured for 5 bus. days 3. Breach of any rep. or warranty made in the SSA, Indent. or Supp. and uncured for 60 days 4. Bankruptcy, insolvency or receivership of Ford Credit, FCFMOTA or Ford 5. FCFMOTA is an investment company within the meaning of the ICA of 1940 6. Failure of FCF Corp or FCF LLC to convey Receiv. pursuant to the SSA and uncured for 10 days

Appears in 1 contract

Samples: Indenture Supplement (Ford Credit Floorplan LLC)

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