Common use of Financial Assets Clause in Contracts

Financial Assets. It will promptly credit each item of property (whether cash, investment property, security, instrument or other financial asset) delivered to the Financial Institution under the Indenture to the Collateral Account and treat each item of property as a “financial asset” (within the meaning of Section 8-102(a)(9) of the UCC); and

Appears in 92 contracts

Samples: Account Control Agreement (Ford Credit Auto Lease Trust 2023-A), Account Control Agreement (Ford Credit Auto Lease Trust 2023-A), Account Control Agreement (Ford Credit Auto Owner Trust 2022-A)

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Financial Assets. It will promptly credit each item of property (whether cash, investment property, security, instrument or other financial asset) delivered to the Financial Institution under the Indenture Supplement to the Collateral Account and treat each item of property as a “financial asset” (within the meaning of Section 8-102(a)(9) of the UCC); and

Appears in 38 contracts

Samples: Account Control Agreement (Ford Credit Floorplan LLC), Account Control Agreement (Ford Credit Floorplan LLC), Account Control Agreement (Ford Credit Floorplan LLC)

Financial Assets. It will promptly credit each item of property (whether cash, investment property, security, instrument or other financial asset) delivered to the Financial Institution under the Indenture to the Collateral Account and treat each item of property as a "financial asset" (within the meaning of Section 8-102(a)(9) of the UCC); and

Appears in 21 contracts

Samples: Account Control Agreement (Ford Credit Auto Lease Trust 2024-B), Account Control Agreement (Ford Credit Auto Lease Trust 2024-B), Account Control Agreement (Ford Credit Auto Lease Trust 2024-A)

Financial Assets. It will promptly credit each item of property (whether cash, investment property, security, instrument or other financial asset) delivered to the Financial Institution under the Indenture to the a Collateral Account and treat each item of property as a "financial asset" (within the meaning of Section 8-102(a)(9) of the UCC); and

Appears in 18 contracts

Samples: Account Control Agreement (Ford Credit Auto Owner Trust 2024-D), Account Control Agreement (Ford Credit Auto Owner Trust 2024-C), Account Control Agreement (Ford Credit Auto Owner Trust 2024-C)

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Financial Assets. It will promptly credit each item of property (whether cash, investment property, security, instrument or other financial asset) delivered to the Financial Institution under the Indenture Supplement to the Collateral Account Accounts and treat each item of property as a "financial asset" (within the meaning of Section 8-102(a)(9) of the UCC); and

Appears in 1 contract

Samples: Account Control Agreement (Ford Credit Floorplan LLC)

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