Common use of Principal Payment Account Clause in Contracts

Principal Payment Account. Pursuant to Section 8.2 of the Indenture, the Indenture Trustee will establish and maintain a segregated trust account at a Qualified Institution that is designated as the “Principal Payment Account”. The Principal Payment Account will initially be account number 879693. The Principal Payment Account is established and maintained solely for administrative purposes.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2012-C), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2012-C)

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Principal Payment Account. Pursuant to Under Section 8.2 of the Indenture, the Indenture Trustee will establish and maintain a segregated trust account at a Qualified Institution that is designated as the “Principal Payment Account”. The Principal Payment Account will initially be account number 8796934804408400. The Principal Payment Account is established and maintained solely for administrative purposes.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2015-B), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2015-B)

Principal Payment Account. Pursuant to Section 8.2 of the Indenture, the Indenture Trustee will establish and maintain a segregated trust account at a Qualified Institution that is designated as the “Principal Payment Account”. The Principal Payment Account will initially be account number 879693893388. The Principal Payment Account is established and maintained solely for administrative purposes.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2013-B), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2013-B)

Principal Payment Account. Pursuant to Section 8.2 of the Indenture, the Indenture Trustee will establish and maintain a segregated trust account at a Qualified Institution that is designated as the “Principal Payment Account”. The Principal Payment Account will initially be account number 879693521768. The Principal Payment Account is established and maintained solely for administrative purposes.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2013-C), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2013-C)

Principal Payment Account. Pursuant to Section 8.2 of the Indenture, the Indenture Trustee will establish and maintain a segregated trust account at a Qualified Institution that is designated as the “Principal Payment Account”. The Principal Payment Account will initially be account number 879693879812. The Principal Payment Account is established and maintained solely for administrative purposes.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2011-B), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2011-B)

Principal Payment Account. Pursuant to Section 8.2 of the Indenture, the Indenture Trustee will establish and maintain a segregated trust account at a Qualified Institution that is designated as the “Principal Payment Account”. The Principal Payment Account will initially be account number 879693879852. The Principal Payment Account is established and maintained solely for administrative purposes.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2012-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2012-A)

Principal Payment Account. Pursuant to Under Section 8.2 of the Indenture, the Indenture Trustee will establish and maintain a segregated trust account at a Qualified Institution that is designated as the “Principal Payment Account”. The Principal Payment Account will initially be account number 8796938453788400. The Principal Payment Account is established and maintained solely for administrative purposes.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2015-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2015-A)

Principal Payment Account. Pursuant to Under Section 8.2 of the Indenture, the Indenture Trustee will establish and maintain a segregated trust account at a Qualified Institution that is designated as the “Principal Payment Account”. The Principal Payment Account will initially be account number 879693509246. The Principal Payment Account is established and maintained solely for administrative purposes.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2014-B), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2014-B)

Principal Payment Account. Pursuant to Section 8.2 of the Indenture, the Indenture Trustee will establish and maintain a segregated trust account at a Qualified Institution that is designated as the “Principal Payment Account”. The Principal Payment Account will initially be account number 879693879687. The Principal Payment Account is established and maintained solely for administrative purposes.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2012-B), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2012-B)

Principal Payment Account. Pursuant to Section 8.2 of the Indenture, the Indenture Trustee will establish and maintain a segregated trust account at a Qualified Institution that is designated as the “Principal Payment Account”. The Principal Payment Account will initially be account number 879693894292. The Principal Payment Account is established and maintained solely for administrative purposes.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2013-D), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2013-D)

Principal Payment Account. Pursuant to Under Section 8.2 of the Indenture, the Indenture Trustee will establish and maintain a segregated trust account at a Qualified Institution that is designated as the “Principal Payment Account”. The Principal Payment Account will initially be account number 879693856662. The Principal Payment Account is established and maintained solely for administrative purposes.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2014-C), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2014-C)

Principal Payment Account. Pursuant to Section 8.2 of the Indenture, the Indenture Trustee will establish and maintain a segregated trust account at a Qualified Institution that is designated as the “Principal Payment Account”. The Principal Payment Account will initially be account number 879693894979. The Principal Payment Account is established and maintained solely for administrative purposes.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2014-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2014-A)

Principal Payment Account. Pursuant to Section 8.2 of the Indenture, the Indenture Trustee will establish and maintain a segregated trust account at a Qualified Institution that is designated as the “Principal Payment Account”. The Principal Payment Account will initially be account number 879693879715. The Principal Payment Account is established and maintained solely for administrative purposes.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2012-D), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2012-D)

Principal Payment Account. Pursuant to Section 8.2 of the Indenture, the Indenture Trustee will establish and maintain a segregated trust account at a Qualified Institution that is designated as the “Principal Payment Account”. The Principal Payment Account will initially be account number 879693892164. The Principal Payment Account is established and maintained solely for administrative purposes.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2013-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2013-A)

Principal Payment Account. Pursuant to Section 8.2 of the Indenture, the Indenture Trustee will establish and maintain a segregated trust account at a Qualified Institution that is designated as the "Principal Payment Account". The Principal Payment Account will initially be account number 879693235768. The Principal Payment Account is established and maintained solely for administrative purposes.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2009-A)

Principal Payment Account. Pursuant to Section 8.2 of the Indenture, the Indenture Trustee will establish and maintain a segregated trust account at a Qualified Institution that is designated as the "Principal Payment Account". The Principal Payment Account will initially be account number 879693235973. The Principal Payment Account is established and maintained solely for administrative purposes.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2009-D)

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Principal Payment Account. Pursuant to Section 8.2 of the Indenture, the Indenture Trustee will establish and maintain a segregated trust account at a Qualified Institution that is designated as the "Principal Payment Account". The Principal Payment Account will initially be account number 879693236127. The Principal Payment Account is established and maintained solely for administrative purposes.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2009-E)

Principal Payment Account. Pursuant to Section 8.2 of the Indenture, the Indenture Trustee will establish and maintain a segregated trust account at a Qualified Institution that is designated as the "Principal Payment Account". The Principal Payment Account will initially be account number 879693879526. The Principal Payment Account is established and maintained solely for administrative purposes.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2008-A)

Principal Payment Account. Pursuant to Section 8.2 of the Indenture, the Indenture Trustee will establish and maintain a segregated trust account at a Qualified Institution that is designated as the "Principal Payment Account". The Principal Payment Account will initially be account number 879693879535. The Principal Payment Account is established and maintained solely for administrative purposes.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2008-B)

Principal Payment Account. Pursuant to Section 8.2 of the Indenture, the Indenture Trustee will establish and maintain a segregated trust account at a Qualified Institution that is designated as the "Principal Payment Account". The Principal Payment Account will initially be account number 879693879632. The Principal Payment Account is established and maintained solely for administrative purposes.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2010-B)

Principal Payment Account. Pursuant to Section 8.2 of the Indenture, the Indenture Trustee will establish and maintain a segregated trust account at a Qualified Institution that is designated as the "Principal Payment Account". The Principal Payment Account will initially be account number 879693235827. The Principal Payment Account is established and maintained solely for administrative purposes.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2009-C)

Principal Payment Account. Pursuant to Section 8.2 of the Indenture, the Indenture Trustee will establish and maintain a segregated trust account at a Qualified Institution that is designated as the "Principal Payment Account". The Principal Payment Account will initially be account number 879693879557. The Principal Payment Account is established and maintained solely for administrative purposes.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2008-C)

Principal Payment Account. Pursuant to Section 8.2 of the Indenture, the Indenture Trustee will establish and maintain a segregated trust account at a Qualified Institution that is designated as the “Principal Payment Account”. The Principal Payment Account will initially be account number 879693879772. The Principal Payment Account is established and maintained solely for administrative purposes.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2011-A)

Principal Payment Account. Pursuant to Section 8.2 of the Indenture, the Indenture Trustee will establish and maintain a segregated trust account at a Qualified Institution that is designated as the "Principal Payment Account". The Principal Payment Account will initially be account number 879693236212. The Principal Payment Account is established and maintained solely for administrative purposes.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2010-A)

Principal Payment Account. Pursuant to Section 8.2 of the Indenture, the Indenture Trustee will establish and maintain a segregated trust account at a Qualified Institution that is designated as the "Principal Payment Account". The Principal Payment Account will initially be account number 879693235823. The Principal Payment Account is established and maintained solely for administrative purposes.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2009-B)

Principal Payment Account. Pursuant to Section 8.2 of the Indenture, the Indenture Trustee will establish and maintain a segregated trust account at a Qualified Institution that is designated as the “Principal Payment Account”. The Principal Payment Account will initially be account number 879693. The Principal Payment Account is established and maintained solely for administrative purposes.

Appears in 1 contract

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

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