Common use of Deposits and Payments Clause in Contracts

Deposits and Payments. (a) If Ford Credit’s short term unsecured debt is rated at least “F1” by Fitch and at least “A-1” by Standard & Poor’s (this rating requirement, the “Monthly Deposit Required Ratings”), Ford Credit may deposit Collections on the Business Day preceding each Payment Date, or with satisfaction of the Rating Agency Condition, on each Payment Date.

Deposits and Payments. (a) If Ford Credit’s short term unsecured debt is rated at least “F1P-1” by Fitch Moody’s and at least “A-1” by Standard & Poor’s (this rating requirement, the “Monthly Deposit Required Ratings”), Ford Credit may deposit Collections on the Business Day preceding each Payment Date, or with satisfaction of the Rating Agency Condition, on each Payment Date.

Deposits and Payments. (a) If Ford Credit’s short term unsecured debt is rated at least “F1” or better by Fitch and at least “A-1” or better by Standard & Poor’s (this rating requirement, the “Monthly Deposit Required Ratings”), Ford Credit may deposit Collections on the Business Day preceding each Payment Date, or with satisfaction of the Rating Agency Condition, on each Payment Date.

Deposits and Payments. (a) If Ford Credit’s short term unsecured debt is rated at least “F1+” by Fitch and at least “A-1P-1” by Standard & Poor’s Xxxxx’x (this rating requirement, the “Monthly Deposit Required Ratings”), Ford Credit may deposit Collections on the Business Day preceding prior to each Payment Date, or with satisfaction of the Rating Agency Condition, on each Payment Date.

Deposits and Payments. (a) If Ford Credit’s short term unsecured debt is rated at least “F1” or better by Fitch and at least “A-1” or better by Standard & Poor’s (this rating requirement, the “Monthly Deposit Remittance Required Ratings”), Ford Credit may deposit remit 2014-B Collections on the Business Day preceding each Payment Date, or with satisfaction of the Rating Agency Condition, on each Payment Date.

Deposits and Payments. (a) If Ford Credit’s short term unsecured debt is rated at least “F1P-1” or better by Fitch Moody’s and at least “A-1” or better by Standard & Poor’s (this rating requirement, the “Monthly Deposit Remittance Required Ratings”), Ford Credit may deposit remit 2015-A Collections on the Business Day preceding each Payment Date, or with satisfaction of the Rating Agency Condition, on each Payment Date.

Deposits and Payments. (a) If Ford Credit’s short term unsecured debt is rated at least “F1+” by Fitch and at least “A-1” by Standard & Poor’s (this rating requirement, the “Monthly Deposit Required Ratings”), Ford Credit may deposit Collections on the Business Day preceding prior to each Payment Date, or with satisfaction of the Rating Agency Condition, on each Payment Date.

Deposits and Payments. (a) If Ford Credit’s short term unsecured debt is rated at least “P-1” by Xxxxx’x and “F1” by Fitch and at least “A-1” by Standard & Poor’s (this rating requirement, the “Monthly Deposit Remittance Required Ratings”), Ford Credit may deposit remit 2013-A Collections on the Business Day preceding each Payment Date, or with satisfaction of the Rating Agency Condition, on each Payment Date.

Deposits and Payments. (a) If Ford Credit’s short term unsecured debt is rated at least “F1” or better by Fitch and at least “A-1” or better by Standard & Poor’s (this rating requirement, the “Monthly Deposit Remittance Required Ratings”), Ford Credit may deposit remit 2015-B Collections on the Business Day preceding each Payment Date, or with satisfaction of the Rating Agency Condition, on each Payment Date.

Deposits and Payments. (a) If Ford Credit’s short term unsecured debt is rated at least “P-1” by Xxxxx’x and “F1” by Fitch and at least “A-1” by Standard & Poor’s (this rating requirement, the “Monthly Deposit Remittance Required Ratings”), Ford Credit may deposit remit 2013-B Collections on the Business Day preceding each Payment Date, or with satisfaction of the Rating Agency Condition, on each Payment Date.

Deposits and Payments. (a) If Ford Credit’s short term unsecured debt is rated at least “P-1” by Xxxxx’x and “F1” by Fitch and at least “A-1” by Standard & Poor’s (this rating requirement, the “Monthly Deposit Remittance Required Ratings”), Ford Credit may deposit remit 2012-B Collections on the Business Day preceding each Payment Date, or with satisfaction of the Rating Agency Condition, on each Payment Date.

Deposits and Payments. (a) If Ford Credit’s short term unsecured debt is rated at least “F1F-1” by Fitch and at least “A-1P-1” by Standard & Poor’s Xxxxx’x (this rating requirement, the “Monthly Deposit Required Ratings”), Ford Credit may deposit Collections on the Business Day preceding prior to each Payment Date, or with satisfaction of the Rating Agency Condition, on each Payment Date.

Deposits and Payments. (a) If Ford Credit’s short term unsecured debt is rated at least “F1” by Fitch and at least “A-1P-1” by Standard & Poor’s Xxxxx’x (this rating requirement, the “Monthly Deposit Required Ratings”), Ford Credit may deposit Collections on the Business Day preceding each Payment Date, or with satisfaction of the Rating Agency Condition, on each Payment Date.

Deposits and Payments. (a) If Ford Credit’s short term unsecured debt is rated at least “F1” or better by Fitch and at least “A-1” or better by Standard & Poor’s (this rating requirement, the “Monthly Deposit Remittance Required Ratings”), Ford Credit may deposit remit 2014-A Collections on the Business Day preceding each Payment Date, or with satisfaction of the Rating Agency Condition, on each Payment Date.

Deposits and Payments. (a) If Ford Credit’s short term unsecured debt is rated at least “F1” or better by Fitch and at least “A-1” or better by Standard & Poor’s (this rating requirement, the “Monthly Deposit Remittance Required Ratings”), Ford Credit may deposit remit 20__-_ Collections on the Business Day preceding each Payment Date, or with satisfaction of the Rating Agency Condition, on each Payment Date.