Related Clauses

Spread Account
Yield Supplement Account
Certificate Account and Special Payments Account
Collection Account
Permitted Withdrawals from the Collection Accounts and Certificate Account
Certificate Account
Revenue Account
Permitted Withdrawals and Transfers from the Master Servicer Collection Account
Master Servicer Collection Account
Reserve Account Draw Amount

Parent Clauses

Investment of Funds in Bank Accounts
Fees and Expenses
Servicing of Receivables
Servicing of Leases and Leased Vehicles
Usage and Definitions
Accounts Distributions and Releases
Establishment and Administration of the Trust Accounts
Prefunding Account
The Servicer
Accounts Collections and Application of Funds

Sub-Clauses

Benefit Claims that do not Require a Determination of Disability
Initial Claim
BUDGETED DEPOSITS
PAYMENT TO THE TRANSFEROR
WITHDRAWALS FROM EXCESS FUNDING ACCOUNT
Waivers
Liability of Administrator; Indemnities
Delegation of Duties
Notices
Additional Deposits

Investment Earnings. The Servicer will receive investment earnings (net of losses and investment expenses) on funds in the Bank Accounts as additional compensation for the servicing of the Receivables. The Servicer will direct the Indenture Trustee to withdraw the investment earnings and distribute them to the Servicer on each Payment Date.

Appears in 46 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2020-C), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2017-C), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2016-B)

Investment Earnings. The Servicer will receive investment earnings (net of losses and investment expenses) on funds in the Bank Accounts as additional compensation for the servicing of the ~~Receivables~~Leases and Leased Vehicles. The Servicer will direct the Indenture Trustee to withdraw the investment earnings and distribute them to the Servicer on each Payment Date.

Appears in 34 contracts

Samples: Servicing Agreement (Ford Credit Auto Lease Trust 2018-B), Servicing Agreement (Ford Credit Auto Lease Trust 2020-B), Servicing Agreement (Ford Credit Auto Lease Trust 2019-B)

Investment Earnings. The Servicer will receive investment earnings (net of losses and investment ~~expenses~~expense) on funds in the Bank Accounts as additional compensation for the servicing of the Receivables. The Servicer will direct the Indenture Trustee to withdraw the investment earnings and distribute them to the Servicer on each Payment Date.

Appears in 4 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC), Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC), Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC)

Investment Earnings. The Servicer will be entitled to receive investment earnings (net of losses and investment ~~expenses~~expense) on funds in the Bank Accounts as additional compensation for the servicing of the Receivables. The Servicer will direct the Indenture Trustee to withdraw the investment earnings and distribute them to the Servicer on each Payment Date.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC)

Common use of Investment Earnings Clause in Contracts