Common use of Security Interest in Financed Vehicle Clause in Contracts

Security Interest in Financed Vehicle. Observe the Title Documents and confirm they show either Ford Credit or Lincoln Automotive Financial Services, using a name included in the List of Acceptable Name Variations, as the first lienholder. Observe the Obligor name(s) on the Contract and confirm it/they match(es) the name(s) on the Title Documents. Observe the vehicle identification number on the Contract and confirm it matches the vehicle identification number on the Title Documents.

Appears in 43 contracts

Samples: Asset Representations Review Agreement (Ford Credit Auto Owner Trust 2024-A), Asset Representations Review Agreement (Ford Credit Auto Owner Trust 2024-A), Asset Representations Review Agreement (Ford Credit Auto Owner Trust 2023-C)

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Security Interest in Financed Vehicle. Observe the Title Documents and confirm they show either Ford Credit or Lincoln Automotive Financial Services, using a name included in the List of Acceptable Name Variations, as the first lienholder. Observe the Obligor name(s) on the Contract and confirm it/they match(es) the name(s) on the Title Documents. Observe the vehicle identification number on the Contract and confirm it matches the vehicle identification number on the Title Documents.. Representation and Warranty (Section references are to the Receivables Purchase Agreement) Tests

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Ford Credit Auto Receivables Two LLC), Asset Representations Review Agreement (Ford Credit Auto Receivables Two LLC)

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Security Interest in Financed Vehicle. Observe the Title Documents and confirm they show either Ford Credit or Lincoln Automotive Financial Services, using a name included in the List of Acceptable Name Variations, as the first lienholder. Observe the Obligor name(s) on the Contract Contract, taking into account any Amendments, and confirm it/they match(es) the name(s) on the Title Documents. Observe the vehicle identification number on the Contract Contract, taking into account any Amendments, and confirm it matches the vehicle identification number on the Title Documents.

Appears in 2 contracts

Samples: Asset Representations Review Agreement (Ford Credit Auto Receivables Two LLC), Asset Representations Review Agreement (Ford Credit Auto Receivables Two LLC)

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