CREDIT RISK RETENTION INFORMATION. The fair value of the Notes and the Residual Interest on the Closing Date is summarized below. Fair Value (Mils.) Fair Value (%) Class A notes $ % Class B notes $ % Class C notes $ % Residual Interest $ % Total $ % The Depositor must retain a Residual Interest with a fair value of at least 5% of the aggregate value of the Notes and Residual Interest, or $[insert dollar amount equal to 5% of the aggregate value of the Notes and Residual Interest], according to Regulation RR. [Description of material differences, if any, in methodology or key inputs and assumptions.]
Appears in 39 contracts
Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2023-C), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2023-C), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2023-B)
CREDIT RISK RETENTION INFORMATION. The fair value of the Notes and the Residual Interest on the Closing Date is summarized below. Fair Value (Mils.) Fair Value (%) Class A notes $ % Class B notes $ % Class C notes $ % Residual Interest $ % Total $ % The Depositor must retain a Residual Interest with a fair value of at least 5% of the aggregate value of the Notes and Residual Interest, or $[insert dollar amount equal to 5% of the aggregate value of the Notes and Residual Interest], according to Regulation RR. [Description of material differences, if any, in methodology or key inputs and assumptions.]] EA-5
Appears in 16 contracts
Samples: Servicing Agreement (Ford Credit Auto Lease Trust 2021-B), Servicing Agreement (Ford Credit Auto Lease Trust 2021-B), Servicing Agreement (Ford Credit Auto Lease Trust 2021-A)
CREDIT RISK RETENTION INFORMATION. The fair value of the Notes and the Residual Interest on the Closing Date is summarized below. Fair Value (Mils.) Fair Value (%) Class A notes $ % Class B notes $ % Class C notes $ % Residual Interest $ % Total $ % The Depositor must retain a Residual Retained Interest with a fair value of at least 5% of the aggregate value of the Notes and Residual Interest, or $[insert dollar amount equal to 5% of the aggregate value of the Notes and Residual Interest], according to Regulation RR. [Description of material differences, if any, in methodology or key inputs and assumptions.]
Appears in 2 contracts
Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2024-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2024-A)