Common use of Initial Reserve Account Deposit Clause in Contracts

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

Appears in 4 contracts

Samples: Indenture Supplement (Ford Credit Floorplan LLC), Indenture Supplement (Ford Credit Floorplan LLC), Indenture Supplement (Ford Credit Floorplan LLC)

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Initial Reserve Account Deposit. The Series 20 - 20__-__ Reserve Account will be funded by the Depositors on the Closing Date in the amount equal to the Series 20 - 20__-__ Reserve Account Required Amount for that date and will be increased and decreased as stated in this Indenture Supplement.

Appears in 1 contract

Samples: Indenture Supplement (Ford Credit Floorplan LLC)

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