Ford Credit Servicing Agreement definition
Examples of Ford Credit Servicing Agreement in a sentence
Each Noteholder or Note Owner, by its acceptance of a Note, or in the case of a Note Owner, a beneficial interest in a Note, acknowledges that the Ford Credit Servicing Agreement will terminate on January 28, 2012.
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.
Each Noteholder or Note Owner, by its acceptance of a Note, or in the case of a Note Owner, a beneficial interest in a Note, acknowledges that the Ford Credit Servicing Agreement will terminate on March 30, 2010.
The Issuer and the Servicer shall permit Ford Credit to repurchase Liquidated Receivables (as defined in the Ford Credit Receivables Servicing Agreement) under Section 3.8 of the Ford Credit Receivables Servicing Agreement in return for the Deferred Repurchase Amount (as defined in the Ford Credit Servicing Agreement).
The Issuer and the Servicer shall permit Ford Credit to repurchase Liquidated Receivables (as defined in each Ford Credit Receivables Servicing Agreement) under Section 3.8 of each Ford Credit Receivables Servicing Agreement in return for the Deferred Repurchase Amount (as defined in each Ford Credit Servicing Agreement).