Examples of FCF LLC in a sentence
Sale and Servicing Agreements: (a) Fifth Amended and Restated Sale and Servicing Agreement, dated as of August 1, 2001, as amended and restated as of December 1, 2010, among FCF Corp, the Servicer and the Trust, and (b) Fifth Amended and Restated Sale and Servicing Agreement, dated as of August 1, 2001, as amended and restated as of December 1, 2010, among FCF LLC, the Servicer and the Trust.
Ford Credit has duly and validly assigned each Receivable to FCF Corp or FCF LLC, as applicable.
Receivables Purchase Agreements: (a) Fifth Amended and Restated Receivables Purchase Agreement, dated as of August 1, 2001, as amended and restated as of December 1, 2010, between Ford Credit and FCF Corp, and (b) Fifth Amended and Restated Receivables Purchase Agreement, dated as of August 1, 2001, as amended and restated as of December 1, 2010, between Ford Credit and FCF LLC.
FCF LLC has duly authorized the execution and delivery of the Transaction Documents to which it is a party and the consummation of the transactions contemplated thereby by all requisite action under the Delaware Limited Liability Company Act.
Directive 2000/12/EC of 20 March 2000 (as amended) 'relating to the taking up and pursuit of the business of credit institutions' defines the "credit institution" as an undertaking whose business is to receive deposits or other repayable funds from the public and to grant credits for its own account.
Receivables Purchase Agreements: (a) Fourth Amended and Restated Receivables Purchase Agreement, dated as of August 1, 2001, as amended and restated as of December 1, 2010, between Ford Credit and FCF Corp, and (b) Fourth Amended and Restated Receivables Purchase Agreement, dated as of August 1, 2001, as amended and restated as of December 1, 2010, between Ford Credit and FCF LLC.
FCF LLC is duly organized and validly existing as a limited liability company in good standing under the laws of the State of Delaware.
FCF Corp is duly qualified to transact business is in good standing in each jurisdiction in the United States of America in which the conduct of its business or the ownership of its properties requires such qualification, unless the failure to obtain such qualification would not reasonably be expected to have a material adverse effect on the ability of FCF LLC to perform its obligations under the Transaction Documents to which it is a party.
All Receivables have been or will be sold by Ford Credit to the Depositors pursuant to separate receivables purchase agreements between Ford Credit and FCF Corp and between Ford Credit and FCF LLC, each as further described in the Terms Annex, and in turn transferred by each Depositor to the Issuer and serviced for the Issuer by Ford Credit (in such capacity, the "Servicer") pursuant to a transfer and servicing agreement, each as further described in the Terms Annex.
Pursuant to a sale and servicing agreement among FCF LLC, the Issuer and the Servicer, FCF LLC has also agreed to sell to the Issuer all the receivables that have been purchased by FCF LLC under a separate receivables purchase agreement between it and the Seller, and such receivables will also secure the Notes to be issued by the Issuer.