Rating Agency Condition. If the transferee of the Residual Interest is Ford Credit or an Affiliate of Ford Credit that is not a special-purpose, bankruptcy remote entity, the holder of the Residual Interest satisfies the Rating Agency Condition.
Appears in 84 contracts
Samples: Trust Agreement (Ford Credit Auto Owner Trust 2018-A), Trust Agreement (Ford Credit Auto Owner Trust 2017-A), Trust Agreement (Ford Credit Auto Receivables Two LLC)