Common use of Establishment of Bank Accounts Clause in Contracts

Establishment of Bank Accounts. On or before the Closing Date, the Servicer will establish the following segregated trust accounts at a Qualified Institution (initially the corporate trust department of ), each in the name “ , as Indenture Trustee, as secured party for Ford Credit Auto Owner Trust 20 - ”, to be designated as follows:

Appears in 3 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC), Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC), Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC)

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Establishment of Bank Accounts. On or before the Closing Date, the Servicer will establish the following segregated trust accounts at a Qualified Institution (initially the corporate trust department of ), each in the name “ , as Indenture Trustee, as secured party for Ford Credit Auto Owner Trust 20 - , to be designated as follows:

Appears in 3 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC), Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC), Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC)

Establishment of Bank Accounts. On or before the Closing Date, the Servicer will establish the following segregated trust accounts at a Qualified Institution (initially the corporate trust department of The Bank of New York Mellon), each in the name “The Bank of New York Mellon, as Indenture Trustee, as secured party for Ford Credit Auto Owner Trust 20 - 2022-A”, to be designated as follows:

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2022-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2022-A)

Establishment of Bank Accounts. On or before the Closing Date, the Servicer will establish the following segregated trust accounts at a Qualified Institution (initially the corporate trust department of The Bank of New York Mellon), each in the name “The Bank of New York Mellon, as Indenture Trustee, as secured party for Ford Credit Auto Owner Trust 20 - 2016-C”, to be designated as follows:

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2016-C), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2016-C)

Establishment of Bank Accounts. On or before the Closing Date, the Servicer will establish the following segregated trust accounts at a Qualified Institution (initially the corporate trust department of The Bank of New York Mellon), each in the name “The Bank of New York Mellon, as Indenture Trustee, as secured party for Ford Credit Auto Owner Trust 20 - 2020-B”, to be designated as follows:

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2020-B), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2020-B)

Establishment of Bank Accounts. On or before the Closing Date, the Servicer will establish the following segregated trust accounts at a Qualified Institution (initially the corporate trust department of The Bank of New York Mellon), each in the name "The Bank of New York Mellon, as Indenture Trustee, as secured party for Ford Credit Auto Owner Trust 20 - ”2023-B", to be designated as follows:

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2023-B), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2023-B)

Establishment of Bank Accounts. On or before the Closing Date, the Servicer will establish the following segregated trust accounts at a Qualified Institution (initially the corporate trust department of The Bank of New York Mellon), each in the name “The Bank of New York Mellon, as Indenture Trustee, as secured party for Ford Credit Auto Owner Trust 20 - 2019-C”, to be designated as follows:

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2019-C), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2019-C)

Establishment of Bank Accounts. On or before the Closing Date, the Servicer will establish the following segregated trust accounts at a Qualified Institution (initially the corporate trust department of The Bank of New York Mellon), each in the name “The Bank of New York Mellon, as Indenture Trustee, as secured party for Ford Credit Auto Owner Trust 20 - 2016-B”, to be designated as follows:

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2016-B), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2016-B)

Establishment of Bank Accounts. On or before the Closing Date, the Servicer will establish the following segregated trust accounts at a Qualified Institution (initially the corporate trust department of The Bank of New York Mellon), each in the name “The Bank of New York Mellon, as Indenture Trustee, as secured party for Ford Credit Auto Owner Trust 20 - 2020-C”, to be designated as follows:

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2020-C), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2020-C)

Establishment of Bank Accounts. On or before the Closing Date, the Servicer will establish the following segregated trust accounts at a Qualified Institution (initially the corporate trust department of The Bank of New York Mellon), each in the name “The Bank of New York Mellon, as Indenture Trustee, as secured party for Ford Credit Auto Owner Trust 20 - 2016-A”, to be designated as follows:

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2016-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2016-A)

Establishment of Bank Accounts. On or before the Closing Date, the Servicer will establish the following segregated trust accounts at a Qualified Institution (initially the corporate trust department of The Bank of New York Mellon), each in the name “The Bank of New York Mellon, as Indenture Trustee, as secured party for Ford Credit Auto Owner Trust 20 - 2020-A”, to be designated as follows:

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2020-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2020-A)

Establishment of Bank Accounts. On or before the Closing Date, the Servicer will establish the following segregated trust accounts at a Qualified Institution (initially the corporate trust department of The Bank of New York Mellon), each in the name “The Bank of New York Mellon, as Indenture Trustee, as secured party for Ford Credit Auto Owner Trust 20 - 2018-A”, to be designated as follows:

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2018-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2018-A)

Establishment of Bank Accounts. On or before the Closing Date, the Servicer will establish the following segregated trust accounts at a Qualified Institution (initially the corporate trust department of The Bank of New York Mellon), each in the name “The Bank of New York Mellon, as Indenture Trustee, as secured party for Ford Credit Auto Owner Trust 20 - 2015-C”, to be designated as follows:

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC), Sale and Servicing Agreement (Ford Credit Auto Receivables Two LLC)

Establishment of Bank Accounts. On or before the Closing Date, the Servicer will establish the following segregated trust accounts at a Qualified Institution (initially the corporate trust department of The Bank of New York Mellon), each in the name “The Bank of New York Mellon, as Indenture Trustee, as secured party for Ford Credit Auto Owner Trust 20 - 2017-C”, to be designated as follows:

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2017-C), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2017-C)

Establishment of Bank Accounts. On or before the Closing Date, the Servicer will establish the following segregated trust accounts at a Qualified Institution (initially the corporate trust department of The Bank of New York Mellon), each in the name “The Bank of New York Mellon, as Indenture Trustee, as secured party for Ford Credit Auto Owner Trust 20 - 2017-B”, to be designated as follows:

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2017-B), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2017-B)

Establishment of Bank Accounts. On or before the Closing Date, the Servicer will establish the following segregated trust accounts at a Qualified Institution (initially the corporate trust department of The Bank of New York Mellon), each in the name “The Bank of New York Mellon, as Indenture Trustee, as secured party for Ford Credit Auto Owner Trust 20 - 2018-B”, to be designated as follows:

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2018-B), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2018-B)

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Establishment of Bank Accounts. On or before the Closing Date, the Servicer will establish the following segregated trust accounts at a Qualified Institution (initially the corporate trust department of The Bank of New York Mellon), each in the name “The Bank of New York Mellon, as Indenture Trustee, as secured party for Ford Credit Auto Owner Trust 20 - 2021-A”, to be designated as follows:

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2021-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2021-A)

Establishment of Bank Accounts. On or before the Closing Date, the Servicer will establish the following segregated trust accounts at a Qualified Institution (initially the corporate trust department of The Bank of New York Mellon), each in the name "The Bank of New York Mellon, as Indenture Trustee, as secured party for Ford Credit Auto Owner Trust 20 - ”2024-A", to be designated as follows:

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2024-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2024-A)

Establishment of Bank Accounts. On or before the Closing Date, the Servicer will establish the following segregated trust accounts at a Qualified Institution (initially the corporate trust department of The Bank of New York Mellon), each in the name "The Bank of New York Mellon, as Indenture Trustee, as secured party for Ford Credit Auto Owner Trust 20 - ”2023-A", to be designated as follows:

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2023-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2023-A)

Establishment of Bank Accounts. On or before the Closing Date, the Servicer will establish the following segregated trust accounts at a Qualified Institution (initially the corporate trust department of The Bank of New York Mellon), each in the name "The Bank of New York Mellon, as Indenture Trustee, as secured party for Ford Credit Auto Owner Trust 20 - ”2022-C", to be designated as follows:

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2022-C), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2022-C)

Establishment of Bank Accounts. On or before the Closing Date, the Servicer will establish the following segregated trust accounts at a Qualified Institution (initially the corporate trust department of The Bank of New York Mellon), each in the name “The Bank of New York Mellon, as Indenture Trustee, as secured party for Ford Credit Auto Owner Trust 20 - 2019-B”, to be designated as follows:

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2019-B), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2019-B)

Establishment of Bank Accounts. On or before the Closing Date, the Servicer will establish the following segregated trust accounts at a Qualified Institution (initially the corporate trust department of The Bank of New York Mellon), each in the name “The Bank of New York Mellon, as Indenture Trustee, as secured party for Ford Credit Auto Owner Trust 20 - 2017-A”, to be designated as follows:

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2017-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2017-A)

Establishment of Bank Accounts. On or before the Closing Date, the Servicer will establish the following segregated trust accounts at a Qualified Institution (initially the corporate trust department of The Bank of New York Mellon), each in the name "The Bank of New York Mellon, as Indenture Trustee, as secured party for Ford Credit Auto Owner Trust 20 - ”2022-D", to be designated as follows:

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2022-D), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2022-D)

Establishment of Bank Accounts. On or before the Closing Date, the Servicer will establish the following segregated trust accounts at a Qualified Institution (initially the corporate trust department of The Bank of New York Mellon), each in the name “The Bank of New York Mellon, as Indenture Trustee, as secured party for Ford Credit Auto Owner Trust 20 - 2019-A”, to be designated as follows:

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2019-A), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2019-A)

Establishment of Bank Accounts. On or before the Closing Date, the Servicer will establish the following segregated trust accounts at a Qualified Institution (initially the corporate trust department of The Bank of New York Mellon), each in the name "The Bank of New York Mellon, as Indenture Trustee, as secured party for Ford Credit Auto Owner Trust 20 - ”2023-C", to be designated as follows:

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2023-C), Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2023-C)

Establishment of Bank Accounts. On or before the Closing Date, the Servicer will establish the following segregated trust accounts at a Qualified Institution (initially the corporate trust department of The Bank of New York Mellon), each in the name "The Bank of New York Mellon, as Indenture Trustee, as secured party for Ford Credit Auto Owner Trust 20 - ”2022-B", to be designated as follows:

Appears in 1 contract

Samples: Sale and Servicing Agreement (Ford Credit Auto Owner Trust 2022-B)

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