Common use of Initial Reserve Account Deposit Clause in Contracts

Initial Reserve Account Deposit. The Series 2019-2 Reserve Account will be funded by the Depositors on the Closing Date in the amount equal to the Series 2019-2 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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Initial Reserve Account Deposit. The Series 20192016-2 4 Reserve Account will be funded by the Depositors on the Closing Date in the amount equal to the Series 20192016-2 4 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 Reserve Account Deposit. The Series 20192018-2 1 Reserve Account will be funded by the Depositors on the Closing Date in the amount equal to the Series 20192018-2 1 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 Reserve Account Deposit. The Series 20192017-2 1 Reserve Account will be funded by the Depositors on the Closing Date in the amount equal to the Series 20192017-2 1 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 Reserve Account Deposit. The Series 20192017-2 Reserve Account will be funded by the Depositors on the Closing Date in the amount equal to the Series 20192017-2 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 Reserve Account Deposit. The Series 20192017-2 3 Reserve Account will be funded by the Depositors on the Closing Date in the amount equal to the Series 20192017-2 3 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 Reserve Account Deposit. The Series 20192016-2 3 Reserve Account will be funded by the Depositors on the Closing Date in the amount equal to the Series 20192016-2 3 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 Reserve Account Deposit. The Series 20192018-2 Reserve Account will be funded by the Depositors on the Closing Date in the amount equal to the Series 20192018-2 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 Reserve Account Deposit. The Series 20192018-2 3 Reserve Account will be funded by the Depositors on the Closing Date in the amount equal to the Series 20192018-2 3 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 Reserve Account Deposit. The Series 20192016-2 5 Reserve Account will be funded by the Depositors on the Closing Date in the amount equal to the Series 20192016-2 5 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 Reserve Account Deposit. The Series 20192020-2 1 Reserve Account will be funded by the Depositors on the Closing Date in the amount equal to the Series 20192020-2 1 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)

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Initial Reserve Account Deposit. The Series 20192016-2 1 Reserve Account will be funded by the Depositors on the Closing Date in the amount equal to the Series 20192016-2 1 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 Reserve Account Deposit. The Series 2019-2 1 Reserve Account will be funded by the Depositors on the Closing Date in the amount equal to the Series 2019-2 1 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 Reserve Account Deposit. The Series 2019-2 3 Reserve Account will be funded by the Depositors on the Closing Date in the amount equal to the Series 2019-2 3 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 Reserve Account Deposit. The Series 20192020-2 Reserve Account will be funded by the Depositors on the Closing Date in the amount equal to the Series 20192020-2 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 Reserve Account Deposit. The Series 20192018-2 4 Reserve Account will be funded by the Depositors on the Closing Date in the amount equal to the Series 20192018-2 4 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 Reserve Account Deposit. The Series 2019-2 4 Reserve Account will be funded by the Depositors on the Closing Date in the amount equal to the Series 2019-2 4 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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