Common use of Trust Accounts and Payahead Account Clause in Contracts

Trust Accounts and Payahead Account. (a) On or prior to the Closing Date, the Issuer shall cause the Servicer to establish and maintain the Trust Accounts and the Payahead Account as provided in Sections 4.1 and 4.7 of the Sale and Servicing Agreement.

Appears in 18 contracts

Samples: Note Depository Agreement (Ford Credit Auto Receivables Two LLC), Indenture (Ford Credit Auto Receivables Two L P), Indenture (Ford Credit Auto Receivables Two L P)

AutoNDA by SimpleDocs

Trust Accounts and Payahead Account. (a) On or prior to the Closing Date, the Issuer shall cause the Servicer to establish and maintain the Trust Accounts and the Payahead Account as provided in Sections 4.1 and 4.7 4.8 of the Sale and Servicing Agreement.

Appears in 1 contract

Samples: Tia Indenture (Ford Credit Auto Receivables Two L P)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.