Common use of Required Pool Balance Clause in Contracts

Required Pool Balance. The Net Adjusted Pool Balance equals or exceeds the Required Pool Balance after giving effect to the additional issuance (taking into account any deposit of the proceeds of the additional Series 20 - Notes in the Excess Funding Account).

Appears in 4 contracts

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

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Required Pool Balance. The Net Adjusted Pool Balance equals or exceeds the Required Pool Balance after giving effect to the additional issuance (taking into account any deposit of the proceeds of the additional Series 20 - 2020-1 Notes in the Excess Funding Account).

Appears in 2 contracts

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

Required Pool Balance. The Net Adjusted Pool Balance equals or exceeds the Required Pool Balance after giving effect to the additional issuance (taking into account any deposit of the proceeds of the additional Series 20 - 2017-1 Notes in the Excess Funding Account).

Appears in 2 contracts

Samples: Ford Credit Floorplan Corp, Ford Credit Floorplan LLC

Required Pool Balance. The Net Adjusted Pool Balance equals or exceeds the Required Pool Balance after giving effect to the additional issuance (taking into account any deposit of the proceeds of the additional Series 20 - 2018-2 Notes in the Excess Funding Account).

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

Required Pool Balance. The Net Adjusted Pool Balance equals or exceeds the Required Pool Balance after giving effect to the additional issuance (taking into account any deposit of the proceeds of the additional Series 20 - 2019-1 Notes in the Excess Funding Account).

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

Required Pool Balance. The Net Adjusted Pool Balance equals or exceeds the Required Pool Balance after giving effect to the additional issuance (taking into account any deposit of the proceeds of the additional Series 20 - 2018-4 Notes in the Excess Funding Account).

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

Required Pool Balance. The Net Adjusted Pool Balance equals or exceeds the Required Pool Balance after giving effect to the additional issuance (taking into account any deposit of the proceeds of the additional Series 20 - 2016-1 Notes in the Excess Funding Account).

Appears in 2 contracts

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

Required Pool Balance. The Net Adjusted Pool Balance equals or exceeds the Required Pool Balance after giving effect to the additional issuance (taking into account any deposit of the proceeds of the additional Series 20 - 2016-5 Notes in the Excess Funding Account).

Appears in 2 contracts

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

Required Pool Balance. The Net Adjusted Pool Balance equals or exceeds the Required Pool Balance after giving effect to the additional issuance (taking into account any deposit of the proceeds of the additional Series 20 - 2016-4 Notes in the Excess Funding Account).

Appears in 2 contracts

Samples: Ford Credit Floorplan Corp, Ford Credit Floorplan Corp

Required Pool Balance. The Net Adjusted Pool Balance equals or exceeds the Required Pool Balance after giving effect to the additional issuance (taking into account any deposit of the proceeds of the additional Series 20 - 2018-3 Notes in the Excess Funding Account).

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

Required Pool Balance. The Net Adjusted Pool Balance equals or exceeds the Required Pool Balance after giving effect to the additional issuance (taking into account any deposit of the proceeds of the additional Series 20 - 2017-2 Notes in the Excess Funding Account).

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

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Required Pool Balance. The Net Adjusted Pool Balance equals or exceeds the Required Pool Balance after giving effect to the additional issuance (taking into account any deposit of the proceeds of the additional Series 20 - 2018-1 Notes in the Excess Funding Account).

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

Required Pool Balance. The Net Adjusted Pool Balance equals or exceeds the Required Pool Balance after giving effect to the additional issuance (taking into account any deposit of the proceeds of the additional Series 20 - 2019-3 Notes in the Excess Funding Account).

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

Required Pool Balance. The Net Adjusted Pool Balance equals or exceeds the Required Pool Balance after giving effect to the additional issuance (taking into account any deposit of the proceeds of the additional Series 20 - 2020-2 Notes in the Excess Funding Account).

Appears in 2 contracts

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

Required Pool Balance. The Net Adjusted Pool Balance equals or exceeds the Required Pool Balance after giving effect to the additional issuance (taking into account any deposit of the proceeds of the additional Series 20 - 2017-3 Notes in the Excess Funding Account).

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

Required Pool Balance. The Net Adjusted Pool Balance equals or exceeds the Required Pool Balance after giving effect to the additional issuance (taking into account any deposit of the proceeds of the additional Series 20 - 2019-4 Notes in the Excess Funding Account).

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

Required Pool Balance. The Net Adjusted Pool Balance equals or exceeds the Required Pool Balance after giving effect to the additional issuance (taking into account any deposit of the proceeds of the additional Series 20 - 2016-3 Notes in the Excess Funding Account).

Appears in 2 contracts

Samples: Ford Credit Floorplan Corp, Ford Credit Floorplan Corp

Required Pool Balance. The Net Adjusted Pool Balance equals or exceeds the Required Pool Balance after giving effect to the additional issuance (taking into account any deposit of the proceeds of the additional Series 20 - 2019-2 Notes in the Excess Funding Account).

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

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