Common use of No Liability for Investments Clause in Contracts

No Liability for Investments. None of the Depositors, the Servicer, the Indenture Trustee or the Qualified Institution maintaining any Series 20 - Account will be liable for the selection of Permitted Investments or for investment losses incurred on Permitted Investments (other than in the capacity as obligor, if applicable).

Appears in 4 contracts

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

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No Liability for Investments. None of the Depositors, the Servicer, the Indenture Trustee or the Qualified Institution maintaining any Series 20 - 2018-4 Account will be liable for the selection of Permitted Investments or for investment losses incurred on Permitted Investments (other than in the capacity as obligor, if applicable).

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

No Liability for Investments. None of the Depositors, the Servicer, the Indenture Trustee or the Qualified Institution maintaining any Series 20 - 2016-1 Account will be liable for the selection of Permitted Investments or for investment losses incurred on Permitted Investments (other than in the capacity as obligor, if applicable).

Appears in 2 contracts

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

No Liability for Investments. None of the Depositors, the Servicer, the Indenture Trustee or the Qualified Institution maintaining any Series 20 - 2018-2 Account will be liable for the selection of Permitted Investments or for investment losses incurred on Permitted Investments (other than in the capacity as obligor, if applicable).

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

No Liability for Investments. None of the Depositors, the Servicer, the Indenture Trustee or the Qualified Institution maintaining any Series 20 - 2016-5 Account will be liable for the selection of Permitted Investments or for investment losses incurred on Permitted Investments (other than in the capacity as obligor, if applicable).

Appears in 2 contracts

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

No Liability for Investments. None of the Depositors, the Servicer, the Indenture Trustee or the Qualified Institution maintaining any Series 20 - 2020-2 Account will be liable for the selection of Permitted Investments or for investment losses incurred on Permitted Investments (other than in the capacity as obligor, if applicable).

Appears in 2 contracts

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

No Liability for Investments. None of the Depositors, the Servicer, the Indenture Trustee or the Qualified Institution maintaining any Series 20 - 2020-1 Account will be liable for the selection of Permitted Investments or for investment losses incurred on Permitted Investments (other than in the capacity as obligor, if applicable).

Appears in 2 contracts

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

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No Liability for Investments. None of the Depositors, the Servicer, the Indenture Trustee or the Qualified Institution maintaining any Series 20 - 2018-1 Account will be liable for the selection of Permitted Investments or for investment losses incurred on Permitted Investments (other than in the capacity as obligor, if applicable).

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

No Liability for Investments. None of the Depositors, the Servicer, the Indenture Trustee or the Qualified Institution maintaining any Series 20 - 2019-2 Account will be liable for the selection of Permitted Investments or for investment losses incurred on Permitted Investments (other than in the capacity as obligor, if applicable).

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

No Liability for Investments. None of the Depositors, the Servicer, the Indenture Trustee or the Qualified Institution maintaining any Series 20 - 2019-4 Account will be liable for the selection of Permitted Investments or for investment losses incurred on Permitted Investments (other than in the capacity as obligor, if applicable).

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

No Liability for Investments. None of the Depositors, the Servicer, the Indenture Trustee or the Qualified Institution maintaining any Series 20 - 2016-4 Account will be liable for the selection of Permitted Investments or for investment losses incurred on Permitted Investments (other than in the capacity as obligor, if applicable).

Appears in 2 contracts

Samples: Ford Credit Floorplan Corp, Ford Credit Floorplan Corp

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