Common use of Net Deposits Clause in Contracts

Net Deposits. Ford Credit may make the deposits and payments required by Section 4.3(b) net of Servicing Fees to be paid to Ford Credit for the Collection Period and amounts the Servicer is permitted to retain under Section 3.10 and be reimbursed for under Section 3.11. The Servicer will account for all deposits and payments in the Monthly Investor Report as if the amounts were deposited and/or paid separately.

Appears in 59 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2024-D), Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2024-C)

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Net Deposits. Ford Credit may make the deposits and payments required by Section 4.3(b) net of Reference Pool Servicing Fees to be paid to Ford Credit for the Collection Period Period, Advance Reimbursement Amounts the Servicer is permitted to retain under Section 4.4(b) and amounts the Servicer is permitted to retain under Section 3.10 and or be reimbursed for under Section 3.113.10. The Servicer will account for all deposits and payments in the Monthly Investor Report as if the amounts were deposited and/or paid separately.

Appears in 32 contracts

Samples: Servicing Agreement (Ford Credit Auto Lease Trust 2024-B), Servicing Agreement (Ford Credit Auto Lease Trust 2024-B), Servicing Supplement (Ford Credit Auto Lease Trust 2024-A)

Net Deposits. Ford Credit may make the deposits and payments required by Section 4.3(b) net of Reference Pool Servicing Fees to be paid to Ford Credit for the Collection Period Period[, Advance Reimbursement Amounts the Servicer is permitted to retain under Section 4.4(b)] and amounts the Servicer is permitted to retain under Section 3.10 and or be reimbursed for under Section 3.113.10. The Servicer will account for all deposits and payments in the Monthly Investor Report as if the amounts were deposited and/or paid separately.

Appears in 4 contracts

Samples: Servicing Supplement (CAB East LLC), Servicing Agreement (CAB West LLC), Servicing Agreement (CAB East LLC)

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Net Deposits. Ford Credit may make the deposits and payments required by Section 4.3(b) net of Servicing Fees to be paid to Ford Credit for the Collection Period and amounts the Servicer is permitted to retain under Section 3.10 3.11 and be reimbursed for under Section 3.113.12. The Servicer will account for all deposits and payments in the Monthly Investor Report as if the amounts were deposited and/or paid separately.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC)

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