Principal Payment Account means the account established and maintained pursuant to Section 4.1(b) of the Sale and Servicing Agreement.
Principal Payment Account. The Bank of New York Mellon as Indenture Trustee, as secured party for Ford Credit Auto Owner Trust 2012-A” with account number 879852.
Principal Payment Account means each of the Senior Notes Principal Payment Account, the Senior Subordinated Notes Principal Payment Account, and the Subordinated Notes Principal Payment Account.
Examples of Principal Payment Account in a sentence
The Principal Payment Account shall be funded with (i) funds deposited in accordance with Section 3.3(b)(iv) and (ii) funds deposited as otherwise specified in this Agreement.
In accordance with Section 3.6(b) of the Depositary Agreement, Borrower hereby request that $[●] be withdrawn from the Principal Payment Account and transferred in the amounts and to the Person(s) as set forth in greater detail in Part E of the attached Schedule I to pay the amounts described in Section 3.6(b) of the Depositary Agreement.
More Definitions of Principal Payment Account
Principal Payment Account means the account designated as such pursuant to Section 4.1(a)(iii) of the Servicing Supplement.
Principal Payment Account. The Bank of New York as Indenture Trustee, as secured party for Ford Credit Auto Owner Trust 2006-X" with account number [_____].
Principal Payment Account has the meaning assigned to such term in the Collateral Agency Agreement.
Principal Payment Account has the meaning assigned to such term in Section 2.02(a)(vi).
Principal Payment Account has the meaning ascribed thereto in the Cash Collateral and Disbursement Agreement.
Principal Payment Account. The Bank of New York Mellon as Indenture Trustee, as secured party for Ford Credit Auto Lease Trust 20_-_” with account number [______]; [and “Hedge Counterparty Collateral Account — The Bank of New York Mellon as Indenture Trustee, as secured party for Ford Credit Auto Lease Trust 2011-WH1” with account number [_____]].
Principal Payment Account means the Principal Payment Account of the CFC Debt Service Fund created in Section 5.01 of this CFC Master Trust Agreement.