LIBOR Determination. On each LIBOR Determination Date, the Calculation Agent will notify the Servicer, the Issuer and the Administrator by email of LIBOR for the related Interest Period. All determinations of LIBOR by the Calculation Agent, in the absence of manifest error, will be conclusive and binding on the Noteholders.
Appears in 28 contracts
Samples: Indenture (Ford Credit Auto Owner Trust 2019-A), Indenture (Ford Credit Auto Owner Trust 2019-A), Indenture (Ford Credit Auto Lease Trust 2019-A)
LIBOR Determination. On each LIBOR Determination Date, the Calculation Agent will notify the Servicer, the Issuer and the Administrator by email of LIBOR for the related Interest Period. All determinations of LIBOR by the Calculation Agent, in the absence of manifest error, will be conclusive and binding on the Noteholders.]
Appears in 3 contracts
Samples: Indenture (CAB West LLC), Indenture (Ford Credit Auto Receivables Two LLC), Indenture (Ford Credit Auto Receivables Two LLC)
LIBOR Determination. On each LIBOR Determination Date, the Calculation Agent will notify the Servicer, the Issuer and the Administrator by email of LIBOR for the related following Interest Period. All determinations calculations of LIBOR for the Floating Rate Notes by the Calculation Agent, in the absence of manifest error, will be conclusive and binding on the Noteholders.]
Appears in 3 contracts
Samples: Indenture (CAB East LLC), Indenture (Ford Credit Auto Receivables Two LLC), Indenture (Ford Credit Auto Receivables Two LLC)
LIBOR Determination. On each LIBOR Determination Date, the Calculation Agent will notify the Servicer, the Issuer and the Administrator by email of LIBOR for the related Interest Period. All determinations calculations of LIBOR for the Floating Rate Notes by the Calculation Agent, in the absence of manifest error, will be conclusive and binding on the Noteholders.
Appears in 2 contracts
Samples: Indenture (Ford Credit Auto Owner Trust 2016-A), Indenture (Ford Credit Auto Owner Trust 2016-A)
LIBOR Determination. On each LIBOR Determination Date, the Calculation Agent will notify the Servicer, the Issuer and the Administrator by email of LIBOR for the related Interest Period. All determinations calculations of LIBOR for the Floating Rate Notes by the Calculation Agent, in the absence of manifest error, will be conclusive and binding on the Noteholders.]
Appears in 2 contracts
LIBOR Determination. On each LIBOR Determination Date, the Calculation Agent will notify the Servicer, the Issuer and the Administrator by email of LIBOR for the related Interest Period. All determinations of LIBOR by the Calculation Agent, in the absence of manifest error, will be conclusive and binding on the Series 2018-1 Noteholders.
Appears in 2 contracts
Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC
LIBOR Determination. On each LIBOR Determination Date, the Calculation Agent will notify the Servicer, the Issuer and the Administrator by email of LIBOR for the related Interest Period. All determinations of LIBOR by the Calculation Agent, in the absence of manifest error, will be conclusive and binding on the Series 2017-2 Noteholders.
Appears in 2 contracts
Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC
LIBOR Determination. On each LIBOR Determination Date, the Calculation Agent will notify the Servicer, the Issuer and the Administrator by email of LIBOR for the related Interest Period. All determinations of LIBOR by the Calculation Agent, in the absence of manifest error, will be conclusive and binding on the Series 2016-5 Noteholders.
Appears in 2 contracts
Samples: Series 2016 (Ford Credit Floorplan Corp), Ford Credit Floorplan Corp
LIBOR Determination. On each LIBOR Determination Date, the Calculation Agent will notify the Servicer, the Issuer and the Administrator by email of LIBOR for the related Interest Period. All determinations of LIBOR by the Calculation Agent, in the absence of manifest error, will be conclusive and binding on the Series 2017-1 Noteholders.
Appears in 2 contracts
Samples: Ford Credit Floorplan Corp, Ford Credit Floorplan LLC
LIBOR Determination. On each LIBOR Determination Date, the Calculation Agent will notify the Servicer, the Issuer and the Administrator by email of LIBOR for the related Interest Period. All determinations of LIBOR by the Calculation Agent, in the absence of manifest error, will be conclusive and binding on the Series 2016-3 Noteholders.
Appears in 2 contracts
Samples: Ford Credit Floorplan Corp, Ford Credit Floorplan Corp
LIBOR Determination. On each LIBOR Determination Date, the Calculation Agent will notify the Servicer, the Issuer and the Administrator by email of LIBOR for the related Interest Period. All determinations of LIBOR by the Calculation Agent, in the absence of manifest error, will be conclusive and binding on the Series 2016-1 Noteholders.
Appears in 2 contracts
Samples: Series 2016 (Ford Credit Floorplan Corp), Series 2016 (Ford Credit Floorplan Corp)
LIBOR Determination. On each LIBOR Determination Date, the Calculation Agent will notify the Servicer, the Issuer and the Administrator by email of LIBOR for the related following Interest Period. All determinations calculations of LIBOR for the Floating Rate Notes by the Calculation Agent, in the absence of manifest error, will be conclusive and binding on the Noteholders.
Appears in 2 contracts
Samples: Indenture (Ford Credit Auto Receivables Two LLC), Indenture (Ford Credit Auto Receivables Two LLC)
LIBOR Determination. On each LIBOR Determination Date, the Calculation Agent will notify the Servicer, the Issuer and the Administrator by email of LIBOR for the related Interest Period. All determinations of LIBOR by the Calculation Agent, in the absence of manifest error, will be conclusive and binding on the Series 20 - Noteholders.]
Appears in 2 contracts
Samples: Series (Ford Credit Floorplan LLC), Series (Ford Credit Floorplan LLC)
LIBOR Determination. On each LIBOR Determination Date, the Calculation Agent will notify the Servicer, the Issuer and the Administrator by email of LIBOR for the related Interest Period. All determinations of LIBOR by the Calculation Agent, in the absence of manifest error, will be conclusive and binding on the Series 2016-4 Noteholders.
Appears in 2 contracts
Samples: Ford Credit Floorplan Corp, Ford Credit Floorplan Corp
LIBOR Determination. On each LIBOR Determination Date, the Calculation Agent will notify the Servicer, the Issuer and the Administrator by email of LIBOR for the related Interest Period. All determinations of LIBOR by the Calculation Agent, in the absence of manifest error, will be conclusive and binding on the Series 2018-3 Noteholders.
Appears in 2 contracts
Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC
LIBOR Determination. On each LIBOR Determination Date, the Calculation Agent will notify the Servicer, the Issuer and the Administrator by email of LIBOR for the related following Interest Period. All determinations calculations of LIBOR for the Floating Rate Notes by the Calculation Agent, in the absence of manifest error, will be conclusive and binding on the Series 20 - Noteholders.]
Appears in 2 contracts
Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC