Common use of Establishment Clause in Contracts

Establishment. On or before the issuance of the 2016-A Exchange Note, the Servicer will establish the Reserve Account according to Section 5.1(a) of the Servicing Supplement.

Appears in 2 contracts

Samples: Exchange Note Supplement (Ford Credit Auto Lease Two LLC), Credit and Security Agreement (Ford Credit Auto Lease Two LLC)

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Establishment. On or before the issuance of the 2016-A 20 - Exchange Note, the Servicer will establish the Reserve Account according to Section 5.1(a) of the Servicing Supplement.

Appears in 2 contracts

Samples: Credit and Security Agreement (CAB East LLC), Credit and Security Agreement (CAB East LLC)

Establishment. On or before the issuance of the 20162017-A Exchange Note, the Servicer will establish the Reserve Account according to Section 5.1(a4.1(a) of the Servicing Supplement.

Appears in 2 contracts

Samples: Credit and Security Agreement (Ford Credit Auto Lease Two LLC), Exchange Note Supplement (Ford Credit Auto Lease Trust 2017-A)

Establishment. On or before the issuance of the 20162021-A B Exchange Note, the Servicer will establish the Reserve Account according to Section 5.1(a4.1(a) of the Servicing Supplement.

Appears in 2 contracts

Samples: Credit and Security Agreement (Ford Credit Auto Lease Trust 2021-B), Credit and Security Agreement (Ford Credit Auto Lease Trust 2021-B)

Establishment. On or before the issuance of the 20162018-A Exchange Note, the Servicer will establish the Reserve Account according to Section 5.1(a4.1(a) of the Servicing Supplement.

Appears in 2 contracts

Samples: Exchange Note Supplement (Ford Credit Auto Lease Trust 2018-A), Credit and Security Agreement (Ford Credit Auto Lease Trust 2018-A)

Establishment. On or before the issuance of the 20162022-A Exchange Note, the Servicer will establish the Reserve Account according to Section 5.1(a4.1(a) of the Servicing Supplement.

Appears in 2 contracts

Samples: Exchange Note Supplement (Ford Credit Auto Lease Trust 2022-A), Exchange Note Supplement (Ford Credit Auto Lease Trust 2022-A)

Establishment. On or before the issuance of the 20162017-A B Exchange Note, the Servicer will establish the Reserve Account according to Section 5.1(a4.1(a) of the Servicing Supplement.

Appears in 2 contracts

Samples: Credit and Security Agreement (Ford Credit Auto Lease Trust 2017-B), Credit and Security Agreement (Ford Credit Auto Lease Trust 2017-B)

Establishment. On or before the issuance of the 20162023-A B Exchange Note, the Servicer will establish the Reserve Account according to Section 5.1(a4.1(a) of the Servicing Supplement.

Appears in 2 contracts

Samples: Credit and Security Agreement (Ford Credit Auto Lease Trust 2023-B), Credit and Security Agreement (Ford Credit Auto Lease Trust 2023-B)

Establishment. On or before the issuance of the 20162018-A B Exchange Note, the Servicer will establish the Reserve Account according to Section 5.1(a4.1(a) of the Servicing Supplement.

Appears in 2 contracts

Samples: Credit and Security Agreement (Ford Credit Auto Lease Trust 2018-B), Credit and Security Agreement (Ford Credit Auto Lease Trust 2018-B)

Establishment. On or before the issuance of the 20162020-A Exchange Note, the Servicer will establish the Reserve Account according to Section 5.1(a4.1(a) of the Servicing Supplement.

Appears in 2 contracts

Samples: Credit and Security Agreement (Ford Credit Auto Lease Trust 2020-A), Credit and Security Agreement (Ford Credit Auto Lease Trust 2020-A)

Establishment. On or before the issuance of the 20162023-A Exchange Note, the Servicer will establish the Reserve Account according to Section 5.1(a4.1(a) of the Servicing Supplement.

Appears in 2 contracts

Samples: Exchange Note Supplement (Ford Credit Auto Lease Trust 2023-A), Credit and Security Agreement (Ford Credit Auto Lease Trust 2023-A)

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Establishment. On or before the issuance of the 20162019-A Exchange Note, the Servicer will establish the Reserve Account according to Section 5.1(a4.1(a) of the Servicing Supplement.

Appears in 2 contracts

Samples: Exchange Note Supplement (Ford Credit Auto Lease Trust 2019-A), Exchange Note Supplement (Ford Credit Auto Lease Trust 2019-A)

Establishment. On or before the issuance of the 20162024-A Exchange Note, the Servicer will establish the Reserve Account according to Section 5.1(a4.1(a) of the Servicing Supplement.

Appears in 2 contracts

Samples: Credit and Security Agreement (Ford Credit Auto Lease Trust 2024-A), Exchange Note Supplement (Ford Credit Auto Lease Trust 2024-A)

Establishment. On or before the issuance of the 20162021-A Exchange Note, the Servicer will establish the Reserve Account according to Section 5.1(a4.1(a) of the Servicing Supplement.

Appears in 2 contracts

Samples: Exchange Note Supplement (Ford Credit Auto Lease Trust 2021-A), Credit and Security Agreement (Ford Credit Auto Lease Trust 2021-A)

Establishment. On or before the issuance of the 20162019-A B Exchange Note, the Servicer will establish the Reserve Account according to Section 5.1(a4.1(a) of the Servicing Supplement.

Appears in 2 contracts

Samples: Credit and Security Agreement (Ford Credit Auto Lease Trust 2019-B), Credit and Security Agreement (Ford Credit Auto Lease Trust 2019-B)

Establishment. On or before the issuance of the 20162020-A B Exchange Note, the Servicer will establish the Reserve Account according to Section 5.1(a4.1(a) of the Servicing Supplement.

Appears in 2 contracts

Samples: Credit and Security Agreement (Ford Credit Auto Lease Trust 2020-B), Credit and Security Agreement (Ford Credit Auto Lease Trust 2020-B)

Establishment. On or before the issuance of the 2016-A 20__-__ Exchange Note, the Servicer will establish the Reserve Account according to Section 5.1(a4.1(a) of the Servicing Supplement.

Appears in 1 contract

Samples: Credit and Security Agreement (CAB East LLC)

Establishment. On or before the issuance of the 2016-A 20 - Exchange Note, the Servicer will establish the Reserve Account according to Section 5.1(a4.1(a) of the Servicing Supplement.

Appears in 1 contract

Samples: Credit and Security Agreement (CAB West LLC)

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