Ford Credit definition

Ford Credit means Ford Motor Credit Company LLC, a Delaware limited liability company.

Ford Credit means Ford Motor Credit Company, a Delaware corporation.

Ford Credit means Ford Motor Credit Company, a Delaware corporation, and its successors.

Examples of Ford Credit in a sentence

• Capitalized terms used but not defined in this Agreement are defined in Appendix A to the Sale and Servicing Agreement, dated as of November 1, 2024, among Ford Credit Auto Owner Trust 2024-D, as Issuer, Ford Credit Auto Receivables Two LLC, as Depositor, and Ford Motor Credit Company LLC, as Servicer.

• In the normal course of its business, Ford Credit purchases retail installment sale contracts secured by new and used cars, light trucks and utility vehicles from motor vehicle dealers.

• The name of the statutory trust formed hereby is "Ford Credit Auto Owner Trust 2024-D".

• The trust was created and is known as "Ford Credit Auto Owner Trust 2024-D", in which name the Owner Trustee may conduct the activities of the Issuer and make and execute contracts and other documents and sue and be sued on behalf of the Issuer.

• The parties and Ford Credit intend that, for purposes of U.S. federal income, State and local income and franchise tax, so long as the Issuer has no equity owner other than the Depositor (as determined for U.S. federal income tax purposes), the Issuer will be treated as an entity disregarded as separate from the Depositor.

More Definitions of Ford Credit

Ford Credit. , or 'FMCC', means Ford Motor Credit Company LLC, a limited liability company incorporated under the laws of Delaware USA and an indirect wholly owned subsidiary of Ford.

Ford Credit means Ford Motor Credit Company, LLC, the prepetition floorplan lender to RDAC, RD Floydada, RD Amarillo, RD Imports, RD Motors and RD Plainview.

Ford Credit means Ford Motor Credit Company, a corporation duly organized and existing under the laws of the State of Delaware and an indirect wholly-owned subsidiary of Ford Motor Company."

Ford Credit means Ford Motor Credit Company, a Delaware ------------ corporation, and its successors in interest.

Ford Credit s ability to raise funds in the public debt markexx xx xighly dependent on its credit ratings, which, in turn, are dependent on the level of Ford Credit's equity capital, the quality of its assets and its liquidity.

Ford Credit has appointed the principal office of Chemical Bank in London as principal paying agent for the payment of the principal of and interest on the Notes (the "Principal Paying Agent") and has appointed Kredietbank S.A. Luxembourgeoise in Luxembourg as an additional paying agent (the "Paying Agent"). Administrative responsibilities will be handled for Ford Credit by its Treasurer's Office; accountable document control and record-keeping responsibilities will be performed by Ford Credit's Accounting Services Department. Ford Credit has appointed Kredietbank S.A. Luxembourgeoise as listing agent (the "Listing Agent"), which will coordinate with the Principal Paying Agent and the Coordinating Agent on a regular basis for the purpose of providing the Luxembourg Stock Exchange with such information regarding Notes issued and outstanding as such Exchange may require.

Ford Credit s 1997 financial results include a majority ownership (78 percent) of Ford Credit Europe and results for 1996 have been restated to reflect this ownership change. Ford Credit is an indirect wholly owned subsidiary of Ford Motor Company and is part of Ford's Financial Services Group.