Allocations of Collections. 35 SECTION 10. Payments..................................................................................................47 SECTION 11.
Allocations of Collections. If an Obligor is obligated under one or more Receivables and also under one or more other assets owned by the Bank or assigned by the Bank to third parties, then any payment on any such asset received from or on behalf of such Obligor shall, if identified as being made with respect to a particular item or asset, be applied to such item, and otherwise shall be allocated by the Bank in accordance with its customary standards, policies and procedures.
Allocations of Collections. For purposes of determining the Outstanding Receivables Balances of Receivables at any time, the Purchaser and the Seller agree that the Seller shall apply all Collections on a Receivable by Receivable basis.
Allocations of Collections. If an Obligor is obligated under one or more Receivables and also under one or more other assets owned by Ford Credit or assigned by Ford Credit to third parties, then any payment on any such asset received from or on behalf of such Obligor shall, if identified as being made with respect to a particular item or asset, be applied to such item, and otherwise shall be allocated by Ford Credit in accordance with its customary standards, policies and procedures.
Allocations of Collections. During the Series 2013-1
Allocations of Collections. (a) Deposits into the Series Collections Account. On or before each Distribution Date, the Servicer shall direct the Trustee to withdraw from the Group Collections Account and deposit into the Series Collections Account an amount equal to (i) the sum of the Series Finance Charge Collections and the Series Principal Collections and (ii) the Series Excess Funding Amount (SRC), each for the related Due Period. On or before each Distribution Date, the Servicer also shall direct the Trustee to deposit the Series Additional Allocable Amounts, if any, which have not previously been deposited into the Series Collections Account.
Allocations of Collections. During the Series 2019-2 Revolving Period. During the Series 2019-2 Revolving Period, the Administrator will direct the Trustee in writing pursuant to the Administration Agreement to allocate, prior to 11:00 a.m. (New York City time) on each Series 2019-2 Deposit Date, all amounts deposited into the Collection Account as set forth below:
Allocations of Collections. (a) Deposits to Series Collections Account. On or before each Distribution Date, the Master Servicer shall direct the Trustee in writing to withdraw from the Group Collections Account and deposit into the Series Collections Account an amount equal to the sum of the Series Finance Charge Collections and the Series Principal Collections for the related Due Period. On or before each Distribution Date, the Class Additional Funds for each Class of the Series established hereby shall also have been deposited into the Series Collections Account pursuant to Section 4.03(e) of the Pooling and Servicing Agreement.
Allocations of Collections. All Interest Collections and Principal Collections, as well as Defaulted Receivables, will be allocated by the Servicer to each Series based on the applicable Investor Percentage for such Series as specified in the related Indenture Supplement. Interest Collections and Principal Collections so allocated to any Series will not be available to the Noteholders of any other Series, the Series Enhancers for any other Series or the holders of the Transferor Interest, except to the extent expressly provided in this Indenture or the related Indenture Supplements. Allocations of Interest Collections and Principal Collections to be performed by the Servicer (i) between the Noteholders' Collateral and the Transferor Interest and (ii) among each Series and (iii) if applicable, among the Classes of a Series and any related Series Enhancer will be set forth in the related Indenture Supplement or Supplements. The application of such allocated Interest Collections and Principal Collections will also be set forth in the related Indenture Supplement or Supplements.
Allocations of Collections. During any Series 2003-3
