Common use of Establishment of Reserve Fund and Funding Accounts Clause in Contracts

Establishment of Reserve Fund and Funding Accounts. (a)(i) The Servicer, for the benefit of the Series 1996-1 Certificateholders, shall cause to be established and maintained in the name of the Trustee, on behalf of the Trust, an Eligible Deposit Account (the "Reserve Fund") which shall be identified as the "Reserve Fund for the Ford Credit Auto Loan Master Trust, Series 1996-1" and shall bear a designation clearly indicating that the funds deposited therein are held for the benefit of the Series 1996-1 Certificateholders.

Establishment of Reserve Fund and Funding Accounts. (a)(i) The Servicer, for the benefit of the Series 1996-1 2 Certificateholders, shall cause to be established and maintained in the name of the Trustee, on behalf of the Trust, an Eligible Deposit Account (the "Reserve Fund") which shall be identified as the "Reserve Fund for the Ford Credit Auto Loan Master Trust, Series 1996-12" and shall bear a designation clearly indicating that the funds deposited therein are held for the benefit of the Series 1996-1 2 Certificateholders.

Establishment of Reserve Fund and Funding Accounts. (a)(ia) (i) The Servicer, for the benefit of the Series 19961997-1 Certificateholders, shall cause to be established and maintained in the name of the Trustee, on behalf of the Trust, an Eligible Deposit Account (the "Reserve Fund") which shall be identified as the "Reserve Fund for the Ford Credit Auto Loan Master Trust, Series 1996-1" and shall bear a designation clearly indicating that the funds deposited therein are held for the benefit of the Series 1996-1 Certificateholders.the

Establishment of Reserve Fund and Funding Accounts. (a)(i) The Master Servicer, for the benefit of the Series 1996-1 Certificateholders(_) Certificateholder, shall cause to be established and maintained in the name of the Trustee, on behalf of the Trust, an Eligible Deposit Account (the "Reserve Fund") which shall be identified as the "Reserve Fund for the Ford Credit Auto Loan Master TrustTrust II, Series 1996-1(_)" and shall bear a designation clearly indicating that the funds deposited therein are held for the benefit of the Series 1996-1 Certificateholders(_) Certificateholder.