Required Reserve Amount. On the Closing Date, the Depositor will deposit, or cause to be deposited, the Required Reserve Amount in the Reserve Account from the net proceeds of the sale of the Notes.
Appears in 37 contracts
Samples: Exchange Note Sale Agreement (Ford Credit Auto Lease Trust 2024-B), Exchange Note Sale Agreement (Ford Credit Auto Lease Trust 2024-B), Exchange Note Sale Agreement (Ford Credit Auto Lease Trust 2024-A)
Required Reserve Amount. On the 2015-B Closing Date, the Depositor will deposit, or cause to be deposited, the Required Reserve Amount in the Reserve Account from the net proceeds of the sale of the Notes.
Appears in 2 contracts
Samples: Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2015-B), Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2015-B)
Required Reserve Amount. On the 2015-A Closing Date, the Depositor will deposit, or cause to be deposited, the Required Reserve Amount in the Reserve Account from the net proceeds of the sale of the Notes.
Appears in 2 contracts
Samples: Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2015-A), Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2015-A)
Required Reserve Amount. On the 2013-B Closing Date, the Depositor will deposit, or cause to be deposited, the Required Reserve Amount in the Reserve Account from the net proceeds of the sale of the Notes.
Appears in 2 contracts
Samples: Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2013-B), Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2013-B)
Required Reserve Amount. On the 2014-B Closing Date, the Depositor will deposit, or cause to be deposited, the Required Reserve Amount in the Reserve Account from the net proceeds of the sale of the Notes.
Appears in 2 contracts
Samples: Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2014-B), Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2014-B)
Required Reserve Amount. On the 2013-A Closing Date, the Depositor will deposit, or cause to be deposited, the Required Reserve Amount in the Reserve Account from the net proceeds of the sale of the Notes.
Appears in 2 contracts
Samples: Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2013-A), Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2013-A)
Required Reserve Amount. On the 2014-A Closing Date, the Depositor will deposit, or cause to be deposited, the Required Reserve Amount in the Reserve Account from the net proceeds of the sale of the Notes.
Appears in 2 contracts
Samples: Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2014-A), Second Tier Sale Agreement (Ford Credit Auto Lease Trust 2014-A)
Required Reserve Amount. On the 20__-_ Closing Date, the Depositor will deposit, or cause to be deposited, the Required Reserve Amount in the Reserve Account from the net proceeds of the sale of the Notes.
Appears in 1 contract
