Ford Credit Receivables definition

Ford Credit Receivables means the Receivables listed in Schedule A to the Sale and Servicing Agreement as the Ford Credit Receivables, which Receivables were sold by Ford Credit to the Depositor.
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Examples of Ford Credit Receivables in a sentence

  • The Ford Credit Receivables satisfy the representations and warranties set forth in Schedule D hereto.

  • Notwithstanding anything herein to the contrary, the Servicer and Ford Credit, as a Receivables Servicer, shall not be required to make any collection, repossession or liquidation efforts with respect to the Ford Credit Receivables after January 28, 2012.

  • After January 28, 2012 with respect to the Ford Credit Receivables, the Noteholders will not have any right, title and interest in, to and under, any future claims, demands, causes of action and chooses in action in respect of such Receivables.

  • After January 28, 2012 with respect to the Ford Credit Receivables, collections in respect of such Receivables will not be deposited in the Collection Account, and will not be available to make the distributions described in Section 8.2 of this Indenture.

  • The Issuer and the Servicer shall permit Ford Credit to repurchase Ford Credit Receivables that are Liquidated Receivables under the Ford Credit Servicing Agreement on the date such Ford Credit Receivables became Liquidated Receivables in return for a deferred repurchase amount equal to Liquidation Proceeds for such Ford Credit Receivables.

  • After September 30, 2009 and after March 31, 2009, the Noteholders will not have any right, title and interest in, to and under, any future claims, demands, causes of action and chooses in action in respect of any or all of the then outstanding Ford Credit Receivables and the then outstanding Volvo Finance Receivables, respectively.

  • Without limiting the generality of the preceding paragraph, the Servicer has engaged Ford Credit under the Ford Credit Receivables Servicing Agreement, GMAC under the GMAC Receivables Servicing Agreements, DCS under the DCS Receivables Servicing Agreement and the Data Administrator under the Data Administration Agreement.

  • Notwithstanding anything herein to the contrary, the Servicer shall not make any collection, repossession of liquidation efforts in respect of (i) any Ford Credit Receivables after September 30, 2009 and (ii) any Volvo Finance Receivables after March 31, 2009.

  • After September 30, 2009 and March 31, 2009 collections in respect of the Ford Credit Receivables and the Volvo Finance Receivables, respectively, will not be deposited in to the deposit accounts maintained with JP Morgan Chase Bank, will not be ▇▇▇▇▇▇▇▇d ▇▇▇▇ the Collection Account, and will not be available to make the distributions described in Section 8.2 of this Indenture.

  • Notwithstanding anything herein to the contrary, the Servicer and Ford Credit, as a Receivables Servicer, shall not be required to make any collection, repossession or liquidation efforts with respect to the Ford Credit Receivables after March 10, 2010.

Related to Ford Credit Receivables

  • Receivables means the Accounts, Chattel Paper, Documents, Investment Property, Instruments and any other rights or claims to receive money which are General Intangibles or which are otherwise included as Collateral.

  • Ford Credit means Ford Motor Credit Company LLC, a Delaware limited liability company.

  • Eligible Receivables means and include with respect to each Borrower, each Receivable of such Borrower arising in the Ordinary Course of Business and which Agent, in its sole credit judgment, shall deem to be an Eligible Receivable, based on such considerations as Agent may from time to time deem appropriate. A Receivable shall not be deemed eligible unless such Receivable is subject to Agent’s first priority perfected security interest and no other Lien (other than Permitted Encumbrances), and is evidenced by an invoice or other documentary evidence satisfactory to Agent. In addition, no Receivable shall be an Eligible Receivable if:

  • Ineligible Receivables shall have the meaning specified in subsection 2.05(a).

  • Credit Card Receivables means each “payment intangible” (as defined in the UCC) together with all income, payments and proceeds thereof, owed by a Credit Card Issuer or Credit Card Processor to a Loan Party resulting from charges by a customer of a Loan Party on credit or debit cards issued by such Credit Card Issuer in connection with the sale of goods by a Loan Party, or services performed by a Loan Party, in each case in the ordinary course of its business.