Common use of Maintenance of Accounts Clause in Contracts

Maintenance of Accounts. If an institution maintaining the Series 2020-1 Accounts ceases to be a Qualified Institution, the Servicer will, with the Indenture Trustee’s assistance as necessary, move the Series 2020-1 Accounts to a Qualified Institution within 30 days.

Appears in 2 contracts

Samples: Series 2020 (Ford Credit Floorplan LLC), Series 2020 (Ford Credit Floorplan LLC)

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Maintenance of Accounts. If an institution maintaining the Series 20202017-1 3 Accounts ceases to be a Qualified Institution, the Servicer will, with the Indenture Trustee’s assistance as necessary, move the Series 20202017-1 3 Accounts to a Qualified Institution within 30 days.

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

Maintenance of Accounts. If an institution maintaining the Series 20202019-1 4 Accounts ceases to be a Qualified Institution, the Servicer will, with the Indenture Trustee’s assistance as necessary, move the Series 20202019-1 4 Accounts to a Qualified Institution within 30 days.

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

Maintenance of Accounts. If an institution maintaining the Series 20202018-1 2 Accounts ceases to be a Qualified Institution, the Servicer will, with the Indenture Trustee’s assistance as necessary, move the Series 20202018-1 2 Accounts to a Qualified Institution within 30 days.

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

Maintenance of Accounts. If an institution maintaining the Series 20202018-1 4 Accounts ceases to be a Qualified Institution, the Servicer will, with the Indenture Trustee’s assistance as necessary, move the Series 20202018-1 4 Accounts to a Qualified Institution within 30 days.

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

Maintenance of Accounts. If an institution maintaining the Series 20202019-1 3 Accounts ceases to be a Qualified Institution, the Servicer will, with the Indenture Trustee’s assistance as necessary, move the Series 20202019-1 3 Accounts to a Qualified Institution within 30 days.

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

Maintenance of Accounts. If an institution maintaining the Series 20202017-1 Accounts ceases to be a Qualified Institution, the Servicer will, with the Indenture Trustee’s assistance as necessary, move the Series 20202017-1 Accounts to a Qualified Institution within 30 days.

Appears in 2 contracts

Samples: Ford Credit Floorplan Corp, Ford Credit Floorplan LLC

Maintenance of Accounts. If an institution maintaining the Series 20202016-1 Accounts ceases to be a Qualified Institution, the Servicer will, with the Indenture Trustee’s assistance as necessary, move the Series 20202016-1 Accounts to a Qualified Institution within 30 days.

Appears in 2 contracts

Samples: Series 2016 (Ford Credit Floorplan Corp), Series 2016 (Ford Credit Floorplan Corp)

Maintenance of Accounts. If an institution maintaining the Series 20202019-1 Accounts ceases to be a Qualified Institution, the Servicer will, with the Indenture Trustee’s assistance as necessary, move the Series 20202019-1 Accounts to a Qualified Institution within 30 days.

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

Maintenance of Accounts. If an institution maintaining the Series 20202016-1 3 Accounts ceases to be a Qualified Institution, the Servicer will, with the Indenture Trustee’s assistance as necessary, move the Series 20202016-1 3 Accounts to a Qualified Institution within 30 days.

Appears in 2 contracts

Samples: Ford Credit Floorplan Corp, Ford Credit Floorplan Corp

Maintenance of Accounts. If an institution maintaining the Series 20202018-1 Accounts ceases to be a Qualified Institution, the Servicer will, with the Indenture Trustee’s assistance as necessary, move the Series 20202018-1 Accounts to a Qualified Institution within 30 days.

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

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Maintenance of Accounts. If an institution maintaining the Series 20202017-1 2 Accounts ceases to be a Qualified Institution, the Servicer will, with the Indenture Trustee’s assistance as necessary, move the Series 20202017-1 2 Accounts to a Qualified Institution within 30 days.

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

Maintenance of Accounts. If an institution maintaining the Series 2020-1 2 Accounts ceases to be a Qualified Institution, the Servicer will, with the Indenture Trustee’s assistance as necessary, move the Series 2020-1 2 Accounts to a Qualified Institution within 30 days.

Appears in 2 contracts

Samples: Series 2020 (Ford Credit Floorplan LLC), Ford Credit Floorplan LLC

Maintenance of Accounts. If an institution maintaining the Series 20202018-1 3 Accounts ceases to be a Qualified Institution, the Servicer will, with the Indenture Trustee’s assistance as necessary, move the Series 20202018-1 3 Accounts to a Qualified Institution within 30 days.

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

Maintenance of Accounts. If an institution maintaining the Series 20202016-1 4 Accounts ceases to be a Qualified Institution, the Servicer will, with the Indenture Trustee’s assistance as necessary, move the Series 20202016-1 4 Accounts to a Qualified Institution within 30 days.

Appears in 2 contracts

Samples: Ford Credit Floorplan Corp, Ford Credit Floorplan Corp

Maintenance of Accounts. If an institution maintaining the Series 20202016-1 5 Accounts ceases to be a Qualified Institution, the Servicer will, with the Indenture Trustee’s assistance as necessary, move the Series 20202016-1 5 Accounts to a Qualified Institution within 30 days.

Appears in 2 contracts

Samples: Series 2016 (Ford Credit Floorplan Corp), Ford Credit Floorplan Corp

Maintenance of Accounts. If an institution maintaining the Series 20202019-1 2 Accounts ceases to be a Qualified Institution, the Servicer will, with the Indenture Trustee’s assistance as necessary, move the Series 20202019-1 2 Accounts to a Qualified Institution within 30 days.

Appears in 2 contracts

Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC

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