Common use of Rapid Amortization Period Clause in Contracts

Rapid Amortization Period. Commencing on the second Determination Date during the Three-Year Notes Controlled Amortization Period or the first Determination Date after the commencement of the Series 2004-1 Rapid Amortization Period and on each Determination Date thereafter, the Administrator shall instruct the Trustee in writing pursuant to the Administration Agreement as to (i) the amount allocated to the Series 2004-1 Notes during the Related Month pursuant to Section 2.02(b)(ii) or (c)(ii) of this Series Supplement, as the case may be, (ii) any amounts to be withdrawn from the Series 2004-1 Reserve Account and deposited into the Series 2004-1 Distribution Account, (iii) any amounts to be drawn on the Series 2004-1 Letters of Credit (or withdrawn from the Series 2004-1 Cash Collateral Account), (iv) the amount of proceeds received in respect of a demand made under the Series 2004-1 Demand Note and (v) the amount of any demand on the Insurance Policy in accordance with the terms thereof. On the Payment Date following each such Determination Date, the Trustee shall withdraw the amount allocated to the Series 2004-1 Notes of each Class during the Related Month pursuant to Section 2.02(b)(ii) or (c)(ii) of this Series Supplement, as the case may be, from the Series 2004-1 Collection Account and deposit such amount, together with the proceeds of any demand on the Series 2004-1 Demand Note received during the period from and excluding the immediately preceding Payment Date to and including such Payment Date into the Series 2004-1 Distribution Account which amount shall be paid (x) first, to the Series 2004-1 Noteholders holding such Class of Series 2004-1 Notes and (y) second, once the Series 2004-1 Notes have been paid in full, to Ford all unpaid Ford Reimbursement Obligations; provided, however, that with respect to the Three-Year Notes Legal Final Payment Date and the Class A-3 Legal Final Payment Date, the Trustee shall withdraw from the Series 2004-1 Collection Account an amount which is no greater than the sum of the Class A-1 Principal Amount and the Class A-2 Principal Amount, or Class A-3 Principal Amount, as the case may be, as of the end of the day on the immediately preceding day.

Rapid Amortization Period. Commencing on the second Determination Date during the Three-Year Notes Controlled Amortization Period or the first Determination Date after the commencement of the Series 20042010-1 Rapid Amortization Period and on each Determination Date thereafter, the Administrator shall instruct the Trustee in writing pursuant to the Administration Agreement with respect to the related Payment Date as to (iw) the amount allocated to the Series 20042010-1 Notes during the Related Month pursuant to Section 2.02(b)(ii3.2(b)(ii) of this Series Supplement and any amounts allocated from the Series 2010-1 Excess Collection Account to the Series 2010-1 Collection Account pursuant to Section 3.2(e) of this Series Supplement and/or allocated to the Series 2010-1 Collection Account pursuant to Section 3.2(d) or (c)(iiSection 3.3(f) of this Series Supplement, in each case, prior to such date and not previously deposited into the Series 2010-1 Distribution Account for payment to the Series 2010-1 Noteholders, as the case may be, (iix) any amounts to be withdrawn from the Series 20042010-1 Reserve Account and deposited into the Series 20042010-1 Distribution AccountAccount pursuant to this Section 3.5, (iiiy) any amounts to be drawn on the Series 20042010-1 Letters of Credit (or and/or withdrawn from the Series 20042010-1 Cash Collateral Account), (iv) the amount of proceeds received in respect of a demand made under the Series 2004-1 Demand Note pursuant to this Section 3.5 and (vz) the amount of any demand on to be made under the Insurance Policy in accordance with the terms thereofSeries 2010-1 Demand Note. On the Payment Date following each such Determination DateDate during the Series 2010-1 Rapid Amortization Period, the Trustee shall withdraw the amount such amounts allocated to pay principal of the Series 20042010-1 Notes of each Class during the Related Month pursuant to Section 2.02(b)(ii) or (c)(ii) of this Series Supplement, as the case may be, from the Series 20042010-1 Collection Account and deposit such amount, amount together with the proceeds of any demand made on the Series 20042010-1 Demand Note received during the period from and but excluding the immediately preceding Payment Date to and including such Payment Date into the Series 20042010-1 Distribution Account along with any other amounts deposited in the Series 2010-1 Distribution Account for the payment of principal of such Series 2010-1 Notes pursuant to Section 3.5(b) of this Series Supplement and any amounts deposited in the Series 2010-1 Distribution Account pursuant to Section 3.5(c) of this Series Supplement, in each case during the related Series 2010-1 Rapid Amortization Payment Period, which amount shall be paid (xpursuant to Section 3.5(d) first, to the of this Series 2004-1 Noteholders holding such Class of Series 2004-1 Notes and (y) second, once the Series 2004-1 Notes have been paid in full, to Ford all unpaid Ford Reimbursement Obligations; provided, however, that with respect to the Three-Year Notes Legal Final Payment Date and the Class A-3 Legal Final Payment Date, the Trustee shall withdraw from the Series 2004-1 Collection Account an amount which is no greater than the sum of the Class A-1 Principal Amount and the Class A-2 Principal Amount, or Class A-3 Principal Amount, as the case may be, as of the end of the day on the immediately preceding daySupplement.

Rapid Amortization Period. Commencing on the second Determination Date during the Three-Year Notes Controlled Amortization Period or the first Determination Date after the commencement of the Series 20042005-1 2 Rapid Amortization Period and on each Determination Date thereafter, the Administrator shall instruct the Trustee in writing pursuant to the Administration Agreement as to (iv) the amount allocated to the Series 20042005-1 2 Notes of each Class during the Related Month pursuant to Section 2.02(b)(ii2.2(b)(ii) or (c)(ii) of this Series Supplement, as the case may be, (iiw) any amounts to be withdrawn from the Series 2004-1 Class A Reserve Account and the Class B Reserve Account and deposited into the Series 20042005-1 2 Distribution Account, (iiix) any amounts to be drawn on the Series 20042005-1 2 Letters of Credit (or and/or withdrawn from the Series 20042005-1 2 Cash Collateral AccountAccounts), (ivy) the amount of proceeds received in respect of a demand made under the Series 20042005-1 2 Demand Note and (vz) the amount of any demand on the Insurance Policy in accordance with the terms thereof. On the Payment Date following each such Determination Date, the Trustee shall withdraw the amount allocated to the Series 20042005-1 2 Notes of each Class during the Related Month pursuant to Section 2.02(b)(ii2.2(b)(ii) or (c)(ii) of this Series Supplement, as the case may be, from the Series 20042005-1 2 Collection Account and deposit such amount, amount together with the proceeds of any demand made on the Series 20042005-1 2 Demand Note received during the period from and excluding the immediately preceding Payment Date to and including such Payment Date into the Series 20042005-1 2 Distribution Account Account, which amount shall be paid (xi) first, to the Series 2004-1 Class A Noteholders holding such Class of Series 2004-1 A Notes and to which amounts have been so allocated, (yii) second, once all amounts due to such Class A Noteholders on such Payment Date have been paid in full, to the Class B Noteholders holding Class B Notes to which amounts have been so allocated, (iii) third, once the Series 20042005-1 2 Notes have been paid in full, to Ford all unpaid Ford Reimbursement ObligationsObligations and (iv) fourth, once all amounts due and owing to Ford under the immediately preceding clause have been paid in full, only for so long as the Ford LOC Exposure Amount is greater than zero, solely to the extent that after giving effect to such payment the Fleet Equity Condition would be satisfied, to each Interest Rate Hedge Provider to which amounts have been allocated; provided, however, that with respect to the Three-Year Notes Legal Final Payment Date and the Class A-3 Four-Year Notes Legal Final Payment Date, the Trustee shall withdraw from the Series 20042005-1 2 Collection Account an amount which is no greater than the sum amounts due and owing pursuant to clauses (i) and (ii) of this Section 2.5(a) on such Payment Date; provided, further, however, that with respect to the Class A-1 Principal Amount Five-Year Notes Legal Final Payment Date, the Trustee shall withdraw from the Series 2005-2 Collection Account an amount which is no greater than the amounts due and the Class A-2 Principal Amount, or Class A-3 Principal Amount, as the case may be, as owing pursuant to clauses (i) through (iv) of the end of the day this Section 2.5(a) on the immediately preceding daysuch Payment Date.

Rapid Amortization Period. Commencing on with (i) the second Determination Date during the Three-Year Notes Controlled Amortization Period, and on each Determination Date thereafter during the Three-Year Notes Controlled Amortization Period, (ii) the second Determination Date during the Five-Year Notes Controlled Amortization Period, and on each Determination Date thereafter during the Five-Year Notes Controlled Amortization Period, and (iii) the earlier of the second Determination Date during the Seven-Year Notes Controlled Amortization Period or and the first Determination Date after the commencement of during the Series 20042010-1 Rapid Amortization Period Period, and on each Determination Date thereafter, the Administrator shall instruct the Trustee in writing pursuant to the Administration Agreement as to (iv) the amount allocated to each Class of the Series 20042010-1 Notes pursuant to Section 2.2(b)(ii) of this Series Supplement during the Related Month pursuant to or Section 2.02(b)(ii) or (c)(ii2.2(c)(ii) of this Series SupplementSupplement during the applicable Series 2010-1 Rapid Amortization Principal Collection Period, as the case may be, prior to such date and not previously deposited into the Series 2010-1 Distribution Account for payment to the Series 2010-1 Noteholders of the applicable Class of Series 2010-1 Notes, (iiw) any amounts to be withdrawn from the Series 20042010-1 Reserve Account and deposited into the Series 20042010-1 Distribution Account, (iiix) any amounts to be drawn on the Series 20042010-1 Letters of Credit (or and/or withdrawn from the any Series 20042010-1 Cash Collateral Account), (iv) the amount of proceeds received in respect of a demand made under the Series 2004-1 Demand Note and (vy) the amount of any demand on to be made under the Insurance Policy in accordance with the terms thereofSeries 2010-1 Demand Note. On the Payment Date following each such Determination Date, the The Trustee shall withdraw the amount such amounts allocated to the Series 2004-1 Notes of each Class during the Related Month pursuant to Section 2.02(b)(ii2.2(b)(ii) or (c)(ii) of this Series Supplement, as the case may be, from the Series 2004-1 Collection Account and deposit such amount, together with the proceeds of any demand on the Series 2004-1 Demand Note received during the period from and excluding the immediately preceding Payment Date to and including such Payment Date into the Series 2004-1 Distribution Account which amount shall be paid (x) first, to the Series 2004-1 Noteholders holding such Class of Series 2004-1 Notes and (y) second, once the Series 2004-1 Notes have been paid in full, to Ford all unpaid Ford Reimbursement Obligations; provided, however, that with respect to the Three-Year Notes Legal Final Payment Date and the Class A-3 Legal Final Payment Date, the Trustee shall withdraw from the Series 2004-1 Collection Account an amount which is no greater than the sum of the Class A-1 Principal Amount and the Class A-2 Principal Amount, or Class A-3 Principal Amount, as the case may be, as of the end of the day on the immediately preceding day.Section

Rapid Amortization Period. Commencing on with (i) the second Determination Date during the Three-Year Notes Controlled Amortization Period, and on each Determination Date thereafter during the Three-Year Notes Controlled Amortization Period, and (ii) the earlier of the second Determination Date during the Five-Year Notes Controlled Amortization Period or and the first Determination Date after the commencement of during the Series 20042009-1 2 Rapid Amortization Period Period, and on each Determination Date thereafter, the Administrator shall instruct the Trustee in writing pursuant to the Administration Agreement as to (iv) the amount allocated to each Class of the Series 20042009-1 2 Notes pursuant to Section 2.2(b)(ii) of this Series Supplement during the Related Month pursuant to or Section 2.02(b)(ii) or (c)(ii2.2(c)(ii) of this Series SupplementSupplement during the applicable Series 2009-2 Rapid Amortization Principal Collection Period, as the case may be, prior to such date and not previously deposited into the Series 2009-2 Distribution Account for payment to the Series 2009-2 Noteholders of the applicable Class of Series 2009-2 Notes, (iiw) any amounts to be withdrawn from the Series 2004-1 Class A Reserve Account and/or the Class B Reserve Account and deposited into the Series 20042009-1 2 Distribution Account, (iiix) any amounts to be drawn on the Series 20042009-1 2 Letters of Credit (or and/or withdrawn from the any Series 20042009-1 2 Cash Collateral Account), (iv) the amount of proceeds received in respect of a demand made under the Series 2004-1 Demand Note and (vy) the amount of any demand on to be made under the Insurance Policy in accordance with the terms thereofSeries 2009-2 Demand Note. On the Payment Date following each such Determination Date, the The Trustee shall withdraw such amounts allocated pursuant to Section 2.2(b)(ii) and Section 2.2(c)(ii) of this Series Supplement to pay principal of the amount allocated Series 2009-2 Notes and deposit such amounts into the Series 2009-2 Distribution Account to be paid to the Series 20042009-1 2 Noteholders of the applicable Class of Series 2009-2 Notes of each Class during the Related Month pursuant to Section 2.02(b)(ii) or (c)(ii2.5(e) of this Series Supplement, as the case may be, from the Series 2004-1 Collection Account and deposit such amount, together with the proceeds of any demand on the Series 2004-1 Demand Note received during the period from and excluding the immediately preceding Payment Date to and including such Payment Date into the Series 2004-1 Distribution Account which amount shall be paid (x) first, to the Series 2004-1 Noteholders holding such Class of Series 2004-1 Notes and (y) second, once the Series 2004-1 Notes have been paid in full, to Ford all unpaid Ford Reimbursement Obligations; provided, however, that with respect to the Three-Year Notes Legal Final Payment Date and the Class A-3 Legal Final Payment Date, the Trustee shall withdraw from the Series 2004-1 Collection Account an amount which is no greater than the sum of the Class A-1 Principal Amount and the Class A-2 Principal Amount, or Class A-3 Principal Amount, as the case may be, as of the end of the day on the immediately preceding day.

Rapid Amortization Period. Commencing on with (i) the second Determination Date during the Three-Year Notes Controlled Amortization Period, and on each Determination Date thereafter during the Three-Year Notes Controlled Amortization Period, and (ii) the earlier of the second Determination Date during the Five-Year Notes Controlled Amortization Period or and the first Determination Date after the commencement of during the Series 20042013-1 Rapid Amortization Period Period, and on each Determination Date thereafter, the Administrator shall instruct the Trustee in writing pursuant to the Administration Agreement as to (i) the amount allocated to each Class of the Series 20042013-1 Notes during the Related Month pursuant to Section 2.02(b)(ii2.2(b)(ii) or (c)(iiSection 2.2(c)(ii) of this Series SupplementSupplement during the applicable Series 2013-1 Amortization Principal Collection Period, as the case may be, together with any amounts allocated to the Series 2013-1 Collection Account from the Series 2013-1 Excess Collection Account pursuant to Section 2.2(f) of this Series Supplement or allocated to the Series 2013-1 Collection Account pursuant to Section 2.2(e) or Section 2.3(h) of this Series Supplement, in each case, prior to such date and not previously deposited into the Series 2013-1 Distribution Account for payment to the Series 2013-1 Noteholders of the applicable Class of Series 2013-1 Notes, (iiw) any amounts to be withdrawn from the Series 2004-1 Class A/B Reserve Account and deposited into the Series 20042013-1 Distribution Account, (iiix) any amounts to be drawn on the Series 2004-1 Class A/B Letters of Credit (or and/or withdrawn from the Series 2004-1 any Class A/B Cash Collateral Account), (iv) the amount of proceeds received in respect of a demand made under the Series 2004-1 Demand Note and (vy) the amount of any demand on to be made under the Insurance Policy in accordance with the terms thereofSeries 2013-1 Demand Note. On the each Payment Date following each such Determination Dateduring the Series 2013-1 Controlled Amortization Period or the Series 2013-1 Rapid Amortization Period, the Trustee shall withdraw such amounts allocated pursuant to Section 2.2(b)(ii) and Section 2.2(c)(ii) of this Series Supplement to pay principal of the amount allocated Series 2013-1 Notes and deposit such amounts into the Series 2013-1 Distribution Account to be paid to the Series 20042013-1 Noteholders of the applicable Class of Series 2013-1 Notes of each Class during the Related Month pursuant to Section 2.02(b)(ii) or (c)(ii2.5(d) of this Series Supplement, as the case may be, from the Series 2004-1 Collection Account and deposit such amount, together with the proceeds of any demand on the Series 2004-1 Demand Note received during the period from and excluding the immediately preceding Payment Date to and including such Payment Date into the Series 2004-1 Distribution Account which amount shall be paid (x) first, to the Series 2004-1 Noteholders holding such Class of Series 2004-1 Notes and (y) second, once the Series 2004-1 Notes have been paid in full, to Ford all unpaid Ford Reimbursement Obligations; provided, however, that with respect to the Three-Year Notes Legal Final Payment Date and the Class A-3 Legal Final Payment Date, the Trustee shall withdraw from the Series 2004-1 Collection Account an amount which is no greater than the sum of the Class A-1 Principal Amount and the Class A-2 Principal Amount, or Class A-3 Principal Amount, as the case may be, as of the end of the day on the immediately preceding day.

Rapid Amortization Period. Commencing on the second Determination Date during the Three-Year Notes Controlled Amortization Period or the first Determination Date after the commencement of the Series 20042005-1 4 Rapid Amortization Period and on each Determination Date thereafter, the Administrator shall instruct the Trustee in writing pursuant to the Administration Agreement as to (iv) the amount allocated to the Series 20042005-1 4 Notes of each Class during the Related Month pursuant to Section 2.02(b)(ii) or (c)(ii3.2(c)(ii) of this Series Supplement, as the case may be, (iiw) any amounts to be withdrawn from the Series 2004-1 Class A Reserve Account and the Class B Reserve Account and deposited into the Series 20042005-1 4 Distribution Account, (iiix) any amounts to be drawn on the Series 20042005-1 4 Letters of Credit (or and/or withdrawn from the Series 20042005-1 4 Cash Collateral AccountAccounts), (ivy) the amount of proceeds received in respect of a demand made under the Series 20042005-1 4 Demand Note and (vz) the amount of any demand on the Insurance Policy in accordance with the terms thereof. On the Payment Date following each such Determination Date, the Trustee shall withdraw the amount allocated to the Series 20042005-1 4 Notes of each Class during the Related Month pursuant to Section 2.02(b)(ii) or (c)(ii3.2(c)(ii) of this Series Supplement, as the case may be, from the Series 20042005-1 4 Collection Account and deposit such amount, amount together with the proceeds of any demand made on the Series 20042005-1 4 Demand Note received during the period from and excluding the immediately preceding Payment Date to and including such Payment Date into the Series 20042005-1 4 Distribution Account Account, which amount shall be paid (xi) first, to the Series 2004-1 Class A Noteholders holding such until the Class of Series 2004-1 A Notes and have been paid in full, (yii) second, once the Class A Notes have been paid in full, to the Class B Noteholders until the Class B Notes have been paid in full, (iii) third, once the Series 20042005-1 4 Notes have been paid in full, to Ford all unpaid Ford Reimbursement Obligations; providedObligations and (iv) fourth, however, that with respect once all amounts due and owing to the Three-Year Notes Legal Final Payment Date and the Class A-3 Legal Final Payment Date, the Trustee shall withdraw from the Series 2004-1 Collection Account an amount which is no greater than the sum of the Class A-1 Principal Amount and the Class A-2 Principal Amount, or Class A-3 Principal Amount, as the case may be, as of the end of the day on Ford under the immediately preceding dayclause have been paid in full, only for so long as the Ford LOC Exposure Amount is greater than zero, only to the extent that after giving effect to such payment the Fleet Equity Condition would be satisfied, to each Interest Rate Hedge Provider to which amounts have been allocated.

Rapid Amortization Period. Commencing on the second Determination Date during the Three-Year Notes Controlled Amortization Period or the first Determination Date after the commencement of the Series 20042005-1 3 Rapid Amortization Period and on each Determination Date thereafter, the Administrator shall instruct the Trustee in writing pursuant to the Administration Agreement as to (iv) the amount allocated to the Series 20042005-1 3 Notes of each Class during the Related Month pursuant to Section 2.02(b)(ii) or (c)(ii3.2(c)(ii) of this Series Supplement, as the case may be, (iiw) any amounts to be withdrawn from the Series 2004-1 Class A Reserve Account and the Class B Reserve Account and deposited into the Series 20042005-1 3 Distribution Account, (iiix) any amounts to be drawn on the Series 20042005-1 3 Letters of Credit (or and/or withdrawn from the Series 20042005-1 3 Cash Collateral AccountAccounts), (ivy) the amount of proceeds received in respect of a demand made under the Series 20042005-1 3 Demand Note and (vz) the amount of any demand on the Insurance Policy in accordance with the terms thereof. On the Payment Date following each such Determination Date, the Trustee shall withdraw the amount allocated to the Series 20042005-1 3 Notes of each Class during the Related Month pursuant to Section 2.02(b)(ii) or (c)(ii3.2(c)(ii) of this Series Supplement, as the case may be, from the Series 20042005-1 3 Collection Account and deposit such amount, amount together with the proceeds of any demand made on the Series 20042005-1 3 Demand Note received during the period from and excluding the immediately preceding Payment Date to and including such Payment Date into the Series 20042005-1 3 Distribution Account Account, which amount shall be paid (xi) first, to the Series 2004-1 Class A Noteholders holding such until the Class of Series 2004-1 A Notes and have been paid in full, (yii) second, once the Class A Notes have been paid in full, to the Class B Noteholders until the Class B Notes have been paid in full, (iii) third, once the Series 20042005-1 3 Notes have been paid in full, to Ford all unpaid Ford Reimbursement Obligations; providedObligations and (iv) fourth, however, that with respect once all amounts due and owing to the Three-Year Notes Legal Final Payment Date and the Class A-3 Legal Final Payment Date, the Trustee shall withdraw from the Series 2004-1 Collection Account an amount which is no greater than the sum of the Class A-1 Principal Amount and the Class A-2 Principal Amount, or Class A-3 Principal Amount, as the case may be, as of the end of the day on Ford under the immediately preceding dayclause have been paid in full, only for so long as the Ford LOC Exposure Amount is greater than zero, only to the extent that after giving effect to such payment the Fleet Equity Condition would be satisfied, to each Interest Rate Hedge Provider to which amounts have been allocated.

Rapid Amortization Period. Commencing on with (i) the second Determination Date during the Three-Year Notes Controlled Amortization Period, and on each Determination Date thereafter during the Three-Year Notes Controlled Amortization Period, and (ii) the earlier of the second Determination Date during the Five-Year Notes Controlled Amortization Period or and the first Determination Date after the commencement of during the Series 20042011-1 Rapid Amortization Period Period, and on each Determination Date thereafter, the Administrator shall instruct the Trustee in writing pursuant to the Administration Agreement as to (i) the amount allocated to each Class of the Series 20042011-1 Notes during the Related Month pursuant to Section 2.02(b)(ii2.2(b)(ii) or (c)(iiSection 2.2(c)(ii) of this Series SupplementSupplement during the applicable Series 2011-1 Amortization Principal Collection Period, as the case may be, together with any amounts allocated to the Series 2011-1 Collection Account from the Series 2011-1 Excess Collection Account pursuant to Section 2.2(f) of this Series Supplement or allocated to the Series 2011-1 Collection Account pursuant to Section 2.2(e) or Section 2.3(h) of this Series Supplement, in each case, prior to such date and not previously deposited into the Series 2011-1 Distribution Account for payment to the Series 2011-1 Noteholders of the applicable Class of Series 2011-1 Notes, (iiw) any amounts to be withdrawn from the Series 2004-1 Class A/B Reserve Account and deposited into the Series 20042011-1 Distribution Account, (iiix) any amounts to be drawn on the Series 2004-1 Class A/B Letters of Credit (or and/or withdrawn from the Series 2004-1 any Class A/B Cash Collateral Account), (iv) the amount of proceeds received in respect of a demand made under the Series 2004-1 Demand Note and (vy) the amount of any demand on to be made under the Insurance Policy in accordance with the terms thereofSeries 2011-1 Demand Note. On the each Payment Date following each such Determination Dateduring the Series 2011-1 Controlled Amortization Period or the Series 2011-1 Rapid Amortization Period, the Trustee shall withdraw such amounts allocated pursuant to Section 2.2(b)(ii) and Section 2.2(c)(ii) of this Series Supplement to pay principal of the amount allocated Series 2011-1 Notes and deposit such amounts into the Series 2011-1 Distribution Account to be paid to the Series 20042011-1 Noteholders of the applicable Class of Series 2011-1 Notes of each Class during the Related Month pursuant to Section 2.02(b)(ii) or (c)(ii2.5(d) of this Series Supplement, as the case may be, from the Series 2004-1 Collection Account and deposit such amount, together with the proceeds of any demand on the Series 2004-1 Demand Note received during the period from and excluding the immediately preceding Payment Date to and including such Payment Date into the Series 2004-1 Distribution Account which amount shall be paid (x) first, to the Series 2004-1 Noteholders holding such Class of Series 2004-1 Notes and (y) second, once the Series 2004-1 Notes have been paid in full, to Ford all unpaid Ford Reimbursement Obligations; provided, however, that with respect to the Three-Year Notes Legal Final Payment Date and the Class A-3 Legal Final Payment Date, the Trustee shall withdraw from the Series 2004-1 Collection Account an amount which is no greater than the sum of the Class A-1 Principal Amount and the Class A-2 Principal Amount, or Class A-3 Principal Amount, as the case may be, as of the end of the day on the immediately preceding day.