Common use of GRANTING CLAUSES Clause in Contracts

GRANTING CLAUSES. In addition to the Grant of the Indenture, the Issuer Grants to the Indenture Trustee, as Indenture Trustee for the benefit of the Series 2013-4 Noteholders, all of the Issuer’s right, title and interest, whether now owned or hereafter acquired, in, to and under the Series 2013-4 Collateral. The foregoing Grant is made in trust to secure (a) the payment of principal of, interest on and any other amounts owing in respect of the Series 2013-4 Notes as provided in the Indenture and this Indenture Supplement for the benefit of the Series 2013-4 Noteholders and (b) compliance by the Issuer with the provisions of the Indenture and this Indenture Supplement, all as provided in the Series 2013-4 Notes, the Indenture and this Indenture Supplement. The Indenture Trustee acknowledges such Xxxxx, accepts the trusts under this Indenture Supplement in accordance with this Indenture Supplement and agrees to perform the duties in this Indenture Supplement so that the interests of the Series 2013-4 Noteholders may be adequately protected.

Appears in 2 contracts

Samples: Indenture Supplement (Ford Credit Floorplan Master Owner Trust A), Indenture Supplement (Ford Credit Floorplan Master Owner Trust A)

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GRANTING CLAUSES. In addition to the Grant of the Indenture, the Issuer Grants to the Indenture Trustee, as Indenture Trustee for the benefit of the Series 20132015-4 2 Noteholders, all of the Issuer’s right, title and interest, whether now owned or hereafter acquired, in, to and under the Series 20132015-4 2 Collateral. The foregoing Grant is made in trust to secure (a) the payment of principal of, interest on and any other amounts owing in respect of the Series 20132015-4 2 Notes as provided in the Indenture and this Indenture Supplement for the benefit of the Series 20132015-4 2 Noteholders and (b) compliance by the Issuer with the provisions of the Indenture and this Indenture Supplement, all as provided in the Series 20132015-4 2 Notes, the Indenture and this Indenture Supplement. The Indenture Trustee acknowledges such Xxxxxthe Grant, accepts the trusts under this Indenture Supplement in accordance with this Indenture Supplement and agrees to perform the duties in this Indenture Supplement so that the interests of the Series 20132015-4 2 Noteholders may be adequately protected.

Appears in 2 contracts

Samples: Indenture Supplement (Ford Credit Floorplan Master Owner Trust A), Indenture Supplement (Ford Credit Floorplan Master Owner Trust A)

GRANTING CLAUSES. In addition to the Grant of the Indenture, the Issuer Grants to the Indenture Trustee, as Indenture Trustee for the benefit of the Series 20132012-4 Noteholders, all of the Issuer’s right, title and interest, whether now owned or hereafter acquired, in, to and under the Series 20132012-4 Collateral. The foregoing Grant is made in trust to secure (a) the payment of principal of, interest on and any other amounts owing in respect of the Series 20132012-4 Notes as provided in the Indenture and this Indenture Supplement for the benefit of the Series 20132012-4 Noteholders and (b) compliance by the Issuer with the provisions of the Indenture and this Indenture Supplement, all as provided in the Series 20132012-4 Notes, the Indenture and this Indenture Supplement. The Indenture Trustee acknowledges such Xxxxx, accepts the trusts under this Indenture Supplement in accordance with this Indenture Supplement and agrees to perform the duties in this Indenture Supplement so that the interests of the Series 20132012-4 Noteholders may be adequately protected.

Appears in 2 contracts

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

GRANTING CLAUSES. In addition to the Grant of the Indenture, the Issuer Grants to the Indenture Trustee, as Indenture Trustee for the benefit of the Series 20132015-4 5 Noteholders, all of the Issuer’s right, title and interest, whether now owned or hereafter acquired, in, to and under the Series 20132015-4 5 Collateral. The foregoing Grant is made in trust to secure (a) the payment of principal of, interest on and any other amounts owing in respect of the Series 20132015-4 5 Notes as provided in the Indenture and this Indenture Supplement for the benefit of the Series 20132015-4 5 Noteholders and (b) compliance by the Issuer with the provisions of the Indenture and this Indenture Supplement, all as provided in the Series 20132015-4 5 Notes, the Indenture and this Indenture Supplement. The Indenture Trustee acknowledges such Xxxxxthe Grant, accepts the trusts under this Indenture Supplement in accordance with this Indenture Supplement and agrees to perform the duties in this Indenture Supplement so that the interests of the Series 20132015-4 5 Noteholders may be adequately protected.

Appears in 2 contracts

Samples: Indenture Supplement (Ford Credit Floorplan Master Owner Trust A), Indenture Supplement (Ford Credit Floorplan Master Owner Trust A)

GRANTING CLAUSES. In addition to the Grant of the Indenture, the Issuer Grants to the Indenture Trustee, as Indenture Trustee for the benefit of the Series 20132014-4 1 Noteholders, all of the Issuer’s right, title and interest, whether now owned or hereafter acquired, in, to and under the Series 20132014-4 1 Collateral. The foregoing Grant is made in trust to secure (a) the payment of principal of, interest on and any other amounts owing in respect of the Series 20132014-4 1 Notes as provided in the Indenture and this Indenture Supplement for the benefit of the Series 20132014-4 1 Noteholders and (b) compliance by the Issuer with the provisions of the Indenture and this Indenture Supplement, all as provided in the Series 20132014-4 1 Notes, the Indenture and this Indenture Supplement. The Indenture Trustee acknowledges such Xxxxx, accepts the trusts under this Indenture Supplement in accordance with this Indenture Supplement and agrees to perform the duties in this Indenture Supplement so that the interests of the Series 20132014-4 1 Noteholders may be adequately protected.

Appears in 2 contracts

Samples: Indenture Supplement (Ford Credit Floorplan Master Owner Trust A), Indenture Supplement (Ford Credit Floorplan Master Owner Trust A)

GRANTING CLAUSES. In addition to the Grant of the Indenture, the Issuer Grants to the Indenture Trustee, as Indenture Trustee for the benefit of the Series 20132014-4 2 Noteholders, all of the Issuer’s right, title and interest, whether now owned or hereafter acquired, in, to and under the Series 20132014-4 2 Collateral. The foregoing Grant is made in trust to secure (a) the payment of principal of, interest on and any other amounts owing in respect of the Series 20132014-4 2 Notes as provided in the Indenture and this Indenture Supplement for the benefit of the Series 20132014-4 2 Noteholders and (b) compliance by the Issuer with the provisions of the Indenture and this Indenture Supplement, all as provided in the Series 20132014-4 2 Notes, the Indenture and this Indenture Supplement. The Indenture Trustee acknowledges such Xxxxx, accepts the trusts under this Indenture Supplement in accordance with this Indenture Supplement and agrees to perform the duties in this Indenture Supplement so that the interests of the Series 20132014-4 2 Noteholders may be adequately protected.

Appears in 2 contracts

Samples: Indenture Supplement (Ford Credit Floorplan Master Owner Trust A), Indenture Supplement (Ford Credit Floorplan Master Owner Trust A)

GRANTING CLAUSES. In addition to the Grant of the Indenture, the Issuer Grants to the Indenture Trustee, as Indenture Trustee for the benefit of the Series 2013-4 5 Noteholders, all of the Issuer’s right, title and interest, whether now owned or hereafter acquired, in, to and under the Series 2013-4 5 Collateral. The foregoing Grant is made in trust to secure (a) the payment of principal of, interest on and any other amounts owing in respect of the Series 2013-4 5 Notes as provided in the Indenture and this Indenture Supplement for the benefit of the Series 2013-4 5 Noteholders and (b) compliance by the Issuer with the provisions of the Indenture and this Indenture Supplement, all as provided in the Series 2013-4 5 Notes, the Indenture and this Indenture Supplement. The Indenture Trustee acknowledges such Xxxxx, accepts the trusts under this Indenture Supplement in accordance with this Indenture Supplement and agrees to perform the duties in this Indenture Supplement so that the interests of the Series 2013-4 5 Noteholders may be adequately protected.

Appears in 2 contracts

Samples: Indenture Supplement (Ford Credit Floorplan Master Owner Trust A), Indenture Supplement (Ford Credit Floorplan Master Owner Trust A)

GRANTING CLAUSES. In addition to the Grant of the Indenture, the Issuer Grants to the Indenture Trustee, as Indenture Trustee for the benefit of the Series 20132012-4 1 Noteholders, all of the Issuer’s right, title and interest, whether now owned or hereafter acquired, in, to and under the Series 20132012-4 1 Collateral. The foregoing Grant is made in trust to secure (a) the payment of principal of, interest on and any other amounts owing in respect of the Series 20132012-4 1 Notes as provided in the Indenture and this Indenture Supplement for the benefit of the Series 20132012-4 1 Noteholders and (b) compliance by the Issuer with the provisions of the Indenture and this Indenture Supplement, all as provided in the Series 20132012-4 1 Notes, the Indenture and this Indenture Supplement. The Indenture Trustee acknowledges such Xxxxx, accepts the trusts under this Indenture Supplement in accordance with this Indenture Supplement and agrees to perform the duties in this Indenture Supplement so that the interests of the Series 20132012-4 1 Noteholders may be adequately protected.

Appears in 2 contracts

Samples: Indenture Supplement (Ford Credit Floorplan Master Owner Trust a Series 2012-1), Indenture Supplement (Ford Credit Floorplan Master Owner Trust a Series 2012-1)

GRANTING CLAUSES. In addition to the Grant of the Indenture, the Issuer Grants to the Indenture Trustee, as Indenture Trustee for the benefit of the Series 20132012-4 2 Noteholders, all of the Issuer’s right, title and interest, whether now owned or hereafter acquired, in, to and under the Series 20132012-4 2 Collateral. The foregoing Grant is made in trust to secure (a) the payment of principal of, interest on and any other amounts owing in respect of the Series 20132012-4 2 Notes as provided in the Indenture and this Indenture Supplement for the benefit of the Series 20132012-4 2 Noteholders and (b) compliance by the Issuer with the provisions of the Indenture and this Indenture Supplement, all as provided in the Series 20132012-4 2 Notes, the Indenture and this Indenture Supplement. The Indenture Trustee acknowledges such Xxxxx, accepts the trusts under this Indenture Supplement in accordance with this Indenture Supplement and agrees to perform the duties in this Indenture Supplement so that the interests of the Series 20132012-4 2 Noteholders may be adequately protected.

Appears in 2 contracts

Samples: Indenture Supplement (Ford Credit Floorplan Master Owner Trust a Series 2012-2), Indenture Supplement (Ford Credit Floorplan Master Owner Trust a Series 2012-2)

GRANTING CLAUSES. In addition to the Grant of the Indenture, the Issuer Grants to the Indenture Trustee, as Indenture Trustee for the benefit of the Series 20132014-4 Noteholders, all of the Issuer’s right, title and interest, whether now owned or hereafter acquired, in, to and under the Series 20132014-4 Collateral. The foregoing Grant is made in trust to secure (a) the payment of principal of, interest on and any other amounts owing in respect of the Series 20132014-4 Notes as provided in the Indenture and this Indenture Supplement for the benefit of the Series 20132014-4 Noteholders and (b) compliance by the Issuer with the provisions of the Indenture and this Indenture Supplement, all as provided in the Series 20132014-4 Notes, the Indenture and this Indenture Supplement. The Indenture Trustee acknowledges such Xxxxxthe Grant, accepts the trusts under this Indenture Supplement in accordance with this Indenture Supplement and agrees to perform the duties in this Indenture Supplement so that the interests of the Series 20132014-4 Noteholders may be adequately protected.

Appears in 2 contracts

Samples: Indenture Supplement (Ford Credit Floorplan Master Owner Trust A), Indenture Supplement (Ford Credit Floorplan Master Owner Trust A)

GRANTING CLAUSES. In addition to the Grant of the Indenture, the Issuer Grants to the Indenture Trustee, as Indenture Trustee for the benefit of the Series 2013-4 3 Noteholders, all of the Issuer’s right, title and interest, whether now owned or hereafter acquired, in, to and under the Series 2013-4 3 Collateral. The foregoing Grant is made in trust to secure (a) the payment of principal of, interest on and any other amounts owing in respect of the Series 2013-4 3 Notes as provided in the Indenture and this Indenture Supplement for the benefit of the Series 2013-4 3 Noteholders and (b) compliance by the Issuer with the provisions of the Indenture and this Indenture Supplement, all as provided in the Series 2013-4 3 Notes, the Indenture and this Indenture Supplement. The Indenture Trustee acknowledges such Xxxxx, accepts the trusts under this Indenture Supplement in accordance with this Indenture Supplement and agrees to perform the duties in this Indenture Supplement so that the interests of the Series 2013-4 3 Noteholders may be adequately protected.

Appears in 2 contracts

Samples: Indenture Supplement (Ford Credit Floorplan Master Owner Trust A), Indenture Supplement (Ford Credit Floorplan Master Owner Trust A)

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GRANTING CLAUSES. In addition to the Grant of the Indenture, the Issuer Grants to the Indenture Trustee, as Indenture Trustee for the benefit of the Series 20132011-4 2 Noteholders, all of the Issuer’s right, title and interest, whether now owned or hereafter acquired, in, to and under the Series 20132011-4 2 Collateral. The foregoing Grant is made in trust to secure (a) the payment of principal of, interest on and any other amounts owing in respect of the Series 20132011-4 2 Notes as provided in the Indenture and this Indenture Supplement for the benefit of the Series 20132011-4 2 Noteholders and (b) compliance by the Issuer with the provisions of the Indenture and this Indenture Supplement, all as provided in the Series 20132011-4 2 Notes, the Indenture and this Indenture Supplement. The Indenture Trustee acknowledges such Xxxxx, accepts the trusts under this Indenture Supplement in accordance with this Indenture Supplement and agrees to perform the duties in this Indenture Supplement so that the interests of the Series 20132011-4 2 Noteholders may be adequately protected.

Appears in 2 contracts

Samples: Indenture Supplement (Ford Credit Floorplan Master Owner Trust a Series 2011-2), Indenture Supplement (Ford Credit Floorplan Master Owner Trust a Series 2011-2)

GRANTING CLAUSES. In addition to the Grant of the Indenture, the Issuer Grants to the Indenture Trustee, as Indenture Trustee for the benefit of the Series 20132015-4 Noteholders, all of the Issuer’s right, title and interest, whether now owned or hereafter acquired, in, to and under the Series 20132015-4 Collateral. The foregoing Grant is made in trust to secure (a) the payment of principal of, interest on and any other amounts owing in respect of the Series 20132015-4 Notes as provided in the Indenture and this Indenture Supplement for the benefit of the Series 20132015-4 Noteholders and (b) compliance by the Issuer with the provisions of the Indenture and this Indenture Supplement, all as provided in the Series 20132015-4 Notes, the Indenture and this Indenture Supplement. The Indenture Trustee acknowledges such Xxxxxthe Grant, accepts the trusts under this Indenture Supplement in accordance with this Indenture Supplement and agrees to perform the duties in this Indenture Supplement so that the interests of the Series 20132015-4 Noteholders may be adequately protected.

Appears in 2 contracts

Samples: Indenture Supplement (Ford Credit Floorplan Master Owner Trust A), Indenture Supplement (Ford Credit Floorplan Master Owner Trust A)

GRANTING CLAUSES. In addition to the Grant of the Indenture, the Issuer Grants to the Indenture Trustee, as Indenture Trustee for the benefit of the Series 20132015-4 1 Noteholders, all of the Issuer’s right, title and interest, whether now owned or hereafter acquired, in, to and under the Series 20132015-4 1 Collateral. The foregoing Grant is made in trust to secure (a) the payment of principal of, interest on and any other amounts owing in respect of the Series 20132015-4 1 Notes as provided in the Indenture and this Indenture Supplement for the benefit of the Series 20132015-4 1 Noteholders and (b) compliance by the Issuer with the provisions of the Indenture and this Indenture Supplement, all as provided in the Series 20132015-4 1 Notes, the Indenture and this Indenture Supplement. The Indenture Trustee acknowledges such Xxxxxthe Grant, accepts the trusts under this Indenture Supplement in accordance with this Indenture Supplement and agrees to perform the duties in this Indenture Supplement so that the interests of the Series 20132015-4 1 Noteholders may be adequately protected.

Appears in 2 contracts

Samples: Indenture Supplement (Ford Credit Floorplan Master Owner Trust A), Indenture Supplement (Ford Credit Floorplan Master Owner Trust A)

GRANTING CLAUSES. In addition to the Grant of the Indenture, the Issuer Grants to the Indenture Trustee, as Indenture Trustee for the benefit of the Series 2013-4 1 Noteholders, all of the Issuer’s right, title and interest, whether now owned or hereafter acquired, in, to and under the Series 2013-4 1 Collateral. The foregoing Grant is made in trust to secure (a) the payment of principal of, interest on and any other amounts owing in respect of the Series 2013-4 1 Notes as provided in the Indenture and this Indenture Supplement for the benefit of the Series 2013-4 1 Noteholders and (b) compliance by the Issuer with the provisions of the Indenture and this Indenture Supplement, all as provided in the Series 2013-4 1 Notes, the Indenture and this Indenture Supplement. The Indenture Trustee acknowledges such Xxxxx, accepts the trusts under this Indenture Supplement in accordance with this Indenture Supplement and agrees to perform the duties in this Indenture Supplement so that the interests of the Series 2013-4 1 Noteholders may be adequately protected.

Appears in 2 contracts

Samples: Indenture Supplement (Ford Credit Floorplan Master Owner Trust A), Indenture Supplement (Ford Credit Floorplan Master Owner Trust A)

GRANTING CLAUSES. In addition to the Grant of the Indenture, the Issuer Grants to the Indenture Trustee, as Indenture Trustee for the benefit of the Series 20132012-4 5 Noteholders, all of the Issuer’s right, title and interest, whether now owned or hereafter acquired, in, to and under the Series 20132012-4 5 Collateral. The foregoing Grant is made in trust to secure (a) the payment of principal of, interest on and any other amounts owing in respect of the Series 20132012-4 5 Notes as provided in the Indenture and this Indenture Supplement for the benefit of the Series 20132012-4 5 Noteholders and (b) compliance by the Issuer with the provisions of the Indenture and this Indenture Supplement, all as provided in the Series 20132012-4 5 Notes, the Indenture and this Indenture Supplement. The Indenture Trustee acknowledges such Xxxxx, accepts the trusts under this Indenture Supplement in accordance with this Indenture Supplement and agrees to perform the duties in this Indenture Supplement so that the interests of the Series 20132012-4 5 Noteholders may be adequately protected.

Appears in 2 contracts

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

GRANTING CLAUSES. In addition to the Grant of the Indenture, the Issuer Grants to the Indenture Trustee, as Indenture Trustee for the benefit of the Series 20132011-4 1 Noteholders, all of the Issuer’s right, title and interest, whether now owned or hereafter acquired, in, to and under the Series 20132011-4 1 Collateral. The foregoing Grant is made in trust to secure (a) the payment of principal of, interest on and any other amounts owing in respect of the Series 20132011-4 1 Notes as provided in the Indenture and this Indenture Supplement for the benefit of the Series 20132011-4 1 Noteholders and (b) compliance by the Issuer with the provisions of the Indenture and this Indenture Supplement, all as provided in the Series 20132011-4 1 Notes, the Indenture and this Indenture Supplement. The Indenture Trustee acknowledges such Xxxxx, accepts the trusts under this Indenture Supplement in accordance with this Indenture Supplement and agrees to perform the duties in this Indenture Supplement so that the interests of the Series 20132011-4 1 Noteholders may be adequately protected.

Appears in 1 contract

Samples: Indenture Supplement (Ford Credit Floorplan Master Owner Trust a Series 2011-1)

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