Common use of Initial Accumulation Period Reserve Account Deposit Clause in Contracts

Initial Accumulation Period Reserve Account Deposit. The Series 20 - Accumulation Period Reserve Account will be funded by the Issuer, starting on the Series 20 - Accumulation Period Reserve Account Funding Date, in the amount equal to the Series 20 - Accumulation Reserve Account Required Amount for that date and will be increased and decreased as stated in this Indenture Supplement.

Appears in 4 contracts

Samples: Series (Ford Credit Floorplan LLC), Series (Ford Credit Floorplan LLC), Ford Credit Floorplan LLC

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Initial Accumulation Period Reserve Account Deposit. The Series 20 - 2016-1 Accumulation Period Reserve Account will be funded by the Issuer, starting on the Series 20 - 2016-1 Accumulation Period Reserve Account Funding Date, in the amount equal to the Series 20 - 2016-1 Accumulation Reserve Account Required Amount for that date and will be increased and decreased as stated in this Indenture Supplement.

Appears in 2 contracts

Samples: Series 2016 (Ford Credit Floorplan Corp), Series 2016 (Ford Credit Floorplan Corp)

Initial Accumulation Period Reserve Account Deposit. The Series 20 - 2018-3 Accumulation Period Reserve Account will be funded by the Issuer, starting on the Series 20 - 2018-3 Accumulation Period Reserve Account Funding Date, in the amount equal to the Series 20 - 2018-3 Accumulation Reserve Account Required Amount for that date and will be increased and decreased as stated in this Indenture Supplement.

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

Initial Accumulation Period Reserve Account Deposit. The Series 20 - 2019-1 Accumulation Period Reserve Account will be funded by the Issuer, starting on the Series 20 - 2019-1 Accumulation Period Reserve Account Funding Date, in the amount equal to the Series 20 - 2019-1 Accumulation Reserve Account Required Amount for that date and will be increased and decreased as stated in this Indenture Supplement.

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

Initial Accumulation Period Reserve Account Deposit. The Series 20 - 2016-4 Accumulation Period Reserve Account will be funded by the Issuer, starting on the Series 20 - 2016-4 Accumulation Period Reserve Account Funding Date, in the amount equal to the Series 20 - 2016-4 Accumulation Reserve Account Required Amount for that date and will be increased and decreased as stated in this Indenture Supplement.

Appears in 2 contracts

Samples: Ford Credit Floorplan Corp, Ford Credit Floorplan Corp

Initial Accumulation Period Reserve Account Deposit. The Series 20 - 2020-1 Accumulation Period Reserve Account will be funded by the Issuer, starting on the Series 20 - 2020-1 Accumulation Period Reserve Account Funding Date, in the amount equal to the Series 20 - 2020-1 Accumulation Reserve Account Required Amount for that date and will be increased and decreased as stated in this Indenture Supplement.

Appears in 2 contracts

Samples: Series 2020 (Ford Credit Floorplan LLC), Series 2020 (Ford Credit Floorplan LLC)

Initial Accumulation Period Reserve Account Deposit. The Series 20 - 2017-1 Accumulation Period Reserve Account will be funded by the Issuer, starting on the Series 20 - 2017-1 Accumulation Period Reserve Account Funding Date, in the amount equal to the Series 20 - 2017-1 Accumulation Reserve Account Required Amount for that date and will be increased and decreased as stated in this Indenture Supplement.

Appears in 2 contracts

Samples: Ford Credit Floorplan Corp, Ford Credit Floorplan LLC

Initial Accumulation Period Reserve Account Deposit. The Series 20 - 2020-2 Accumulation Period Reserve Account will be funded by the Issuer, starting on the Series 20 - 2020-2 Accumulation Period Reserve Account Funding Date, in the amount equal to the Series 20 - 2020-2 Accumulation Reserve Account Required Amount for that date and will be increased and decreased as stated in this Indenture Supplement.

Appears in 2 contracts

Samples: Series 2020 (Ford Credit Floorplan LLC), Ford Credit Floorplan LLC

Initial Accumulation Period Reserve Account Deposit. The Series 20 - 2018-4 Accumulation Period Reserve Account will be funded by the Issuer, starting on the Series 20 - 2018-4 Accumulation Period Reserve Account Funding Date, in the amount equal to the Series 20 - 2018-4 Accumulation Reserve Account Required Amount for that date and will be increased and decreased as stated in this Indenture Supplement.

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

Initial Accumulation Period Reserve Account Deposit. The Series 20 - 2019-4 Accumulation Period Reserve Account will be funded by the Issuer, starting on the Series 20 - 2019-4 Accumulation Period Reserve Account Funding Date, in the amount equal to the Series 20 - 2019-4 Accumulation Reserve Account Required Amount for that date and will be increased and decreased as stated in this Indenture Supplement.

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

Initial Accumulation Period Reserve Account Deposit. The Series 20 - 2016-3 Accumulation Period Reserve Account will be funded by the Issuer, starting on the Series 20 - 2016-3 Accumulation Period Reserve Account Funding Date, in the amount equal to the Series 20 - 2016-3 Accumulation Reserve Account Required Amount for that date and will be increased and decreased as stated in this Indenture Supplement.

Appears in 2 contracts

Samples: Ford Credit Floorplan Corp, Ford Credit Floorplan Corp

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Initial Accumulation Period Reserve Account Deposit. The Series 20 - 2017-3 Accumulation Period Reserve Account will be funded by the Issuer, starting on the Series 20 - 2017-3 Accumulation Period Reserve Account Funding Date, in the amount equal to the Series 20 - 2017-3 Accumulation Reserve Account Required Amount for that date and will be increased and decreased as stated in this Indenture Supplement.

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

Initial Accumulation Period Reserve Account Deposit. The Series 20 - 2018-2 Accumulation Period Reserve Account will be funded by the Issuer, starting on the Series 20 - 2018-2 Accumulation Period Reserve Account Funding Date, in the amount equal to the Series 20 - 2018-2 Accumulation Reserve Account Required Amount for that date and will be increased and decreased as stated in this Indenture Supplement.

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

Initial Accumulation Period Reserve Account Deposit. The Series 20 - 2019-2 Accumulation Period Reserve Account will be funded by the Issuer, starting on the Series 20 - 2019-2 Accumulation Period Reserve Account Funding Date, in the amount equal to the Series 20 - 2019-2 Accumulation Reserve Account Required Amount for that date and will be increased and decreased as stated in this Indenture Supplement.

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

Initial Accumulation Period Reserve Account Deposit. The Series 20 - 2016-5 Accumulation Period Reserve Account will be funded by the Issuer, starting on the Series 20 - 2016-5 Accumulation Period Reserve Account Funding Date, in the amount equal to the Series 20 - 2016-5 Accumulation Reserve Account Required Amount for that date and will be increased and decreased as stated in this Indenture Supplement.

Appears in 2 contracts

Samples: Series 2016 (Ford Credit Floorplan Corp), Ford Credit Floorplan Corp

Initial Accumulation Period Reserve Account Deposit. The Series 20 - 2018-1 Accumulation Period Reserve Account will be funded by the Issuer, starting on the Series 20 - 2018-1 Accumulation Period Reserve Account Funding Date, in the amount equal to the Series 20 - 2018-1 Accumulation Reserve Account Required Amount for that date and will be increased and decreased as stated in this Indenture Supplement.

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

Initial Accumulation Period Reserve Account Deposit. The Series 20 - 2017-2 Accumulation Period Reserve Account will be funded by the Issuer, starting on the Series 20 - 2017-2 Accumulation Period Reserve Account Funding Date, in the amount equal to the Series 20 - 2017-2 Accumulation Reserve Account Required Amount for that date and will be increased and decreased as stated in this Indenture Supplement.

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

Initial Accumulation Period Reserve Account Deposit. The Series 20 - 2019-3 Accumulation Period Reserve Account will be funded by the Issuer, starting on the Series 20 - 2019-3 Accumulation Period Reserve Account Funding Date, in the amount equal to the Series 20 - 2019-3 Accumulation Reserve Account Required Amount for that date and will be increased and decreased as stated in this Indenture Supplement.

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

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