Common use of Initial Reserve Account Deposit Clause in Contracts

Initial Reserve Account Deposit. The Series 2018-4 Reserve Account will be funded by the Depositors on the Closing Date in the amount equal to the Series 2018-4 Reserve Account Required Amount for that date and will be increased and decreased as stated in this Indenture Supplement.

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

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Initial Reserve Account Deposit. The Series 20182019-4 Reserve Account will be funded by the Depositors on the Closing Date in the amount equal to the Series 20182019-4 Reserve Account Required Amount for that date and will be increased and decreased as stated in this Indenture Supplement.

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

Initial Reserve Account Deposit. The Series 20182019-4 3 Reserve Account will be funded by the Depositors on the Closing Date in the amount equal to the Series 20182019-4 3 Reserve Account Required Amount for that date and will be increased and decreased as stated in this Indenture Supplement.

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

Initial Reserve Account Deposit. The Series 2018-4 2 Reserve Account will be funded by the Depositors on the Closing Date in the amount equal to the Series 2018-4 2 Reserve Account Required Amount for that date and will be increased and decreased as stated in this Indenture Supplement.

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

Initial Reserve Account Deposit. The Series 20182016-4 Reserve Account will be funded by the Depositors on the Closing Date in the amount equal to the Series 20182016-4 Reserve Account Required Amount for that date and will be increased and decreased as stated in this Indenture Supplement.

Appears in 2 contracts

Samples: Ford Credit Floorplan Corp, Ford Credit Floorplan Corp

Initial Reserve Account Deposit. The Series 20182020-4 1 Reserve Account will be funded by the Depositors on the Closing Date in the amount equal to the Series 20182020-4 1 Reserve Account Required Amount for that date and will be increased and decreased as stated in this Indenture Supplement.

Appears in 2 contracts

Samples: Series 2020 (Ford Credit Floorplan LLC), Series 2020 (Ford Credit Floorplan LLC)

Initial Reserve Account Deposit. The Series 2018-4 3 Reserve Account will be funded by the Depositors on the Closing Date in the amount equal to the Series 2018-4 3 Reserve Account Required Amount for that date and will be increased and decreased as stated in this Indenture Supplement.

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

Initial Reserve Account Deposit. The Series 20182017-4 3 Reserve Account will be funded by the Depositors on the Closing Date in the amount equal to the Series 20182017-4 3 Reserve Account Required Amount for that date and will be increased and decreased as stated in this Indenture Supplement.

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

Initial Reserve Account Deposit. The Series 20182017-4 2 Reserve Account will be funded by the Depositors on the Closing Date in the amount equal to the Series 20182017-4 2 Reserve Account Required Amount for that date and will be increased and decreased as stated in this Indenture Supplement.

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

Initial Reserve Account Deposit. The Series 20182017-4 1 Reserve Account will be funded by the Depositors on the Closing Date in the amount equal to the Series 20182017-4 1 Reserve Account Required Amount for that date and will be increased and decreased as stated in this Indenture Supplement.

Appears in 2 contracts

Samples: Ford Credit Floorplan Corp, Ford Credit Floorplan LLC

Initial Reserve Account Deposit. The Series 20182016-4 3 Reserve Account will be funded by the Depositors on the Closing Date in the amount equal to the Series 20182016-4 3 Reserve Account Required Amount for that date and will be increased and decreased as stated in this Indenture Supplement.

Appears in 2 contracts

Samples: Ford Credit Floorplan Corp, Ford Credit Floorplan Corp

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Initial Reserve Account Deposit. The Series 20182020-4 2 Reserve Account will be funded by the Depositors on the Closing Date in the amount equal to the Series 20182020-4 2 Reserve Account Required Amount for that date and will be increased and decreased as stated in this Indenture Supplement.

Appears in 2 contracts

Samples: Series 2020 (Ford Credit Floorplan LLC), Ford Credit Floorplan LLC

Initial Reserve Account Deposit. The Series 20182016-4 5 Reserve Account will be funded by the Depositors on the Closing Date in the amount equal to the Series 20182016-4 5 Reserve Account Required Amount for that date and will be increased and decreased as stated in this Indenture Supplement.

Appears in 2 contracts

Samples: Series 2016 (Ford Credit Floorplan Corp), Ford Credit Floorplan Corp

Initial Reserve Account Deposit. The Series 20182019-4 1 Reserve Account will be funded by the Depositors on the Closing Date in the amount equal to the Series 20182019-4 1 Reserve Account Required Amount for that date and will be increased and decreased as stated in this Indenture Supplement.

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

Initial Reserve Account Deposit. The Series 20182019-4 2 Reserve Account will be funded by the Depositors on the Closing Date in the amount equal to the Series 20182019-4 2 Reserve Account Required Amount for that date and will be increased and decreased as stated in this Indenture Supplement.

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

Initial Reserve Account Deposit. The Series 2018-4 1 Reserve Account will be funded by the Depositors on the Closing Date in the amount equal to the Series 2018-4 1 Reserve Account Required Amount for that date and will be increased and decreased as stated in this Indenture Supplement.

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

Initial Reserve Account Deposit. The Series 20182016-4 1 Reserve Account will be funded by the Depositors on the Closing Date in the amount equal to the Series 20182016-4 1 Reserve Account Required Amount for that date and will be increased and decreased as stated in this Indenture Supplement.

Appears in 2 contracts

Samples: Series 2016 (Ford Credit Floorplan Corp), Series 2016 (Ford Credit Floorplan Corp)

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