Principal. If a Series 2019-4 Amortization Event occurs before the Series 2019-4 Final Maturity Date, the principal of each Class of Series 2019-4 Notes will be payable in installments on each Payment Date during the Early Amortization Period according to Section 4.2(f). The Note Balance of each Class of Series 2019-4 Notes will be due and payable on the Series 2019-4 Final Maturity Date. The Note Balance of each Class of the Series 2019-4 Notes will be due and payable on the date the Series 2019-4 Notes are declared to be, or have automatically become, immediately due and payable according to Section 5.2(a) of the Indenture.
Appears in 2 contracts
Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC
Principal. If a Series 2019-4 3 Amortization Event occurs before the Series 2019-4 3 Final Maturity Date, the principal of each Class of Series 2019-4 3 Notes will be payable in installments on each Payment Date during the Early Amortization Period according to Section 4.2(f). The Note Balance of each Class of Series 2019-4 3 Notes will be due and payable on the Series 2019-4 3 Final Maturity Date. The Note Balance of each Class of the Series 2019-4 3 Notes will be due and payable on the date the Series 2019-4 3 Notes are declared to be, or have automatically become, immediately due and payable according to Section 5.2(a) of the Indenture.
Appears in 2 contracts
Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC
Principal. If a Series 20192018-4 Amortization Event occurs before the Series 20192018-4 Final Maturity Date, the principal of each Class of Series 20192018-4 Notes will be payable in installments on each Payment Date during the Early Amortization Period according to Section 4.2(f). The Note Balance of each Class of Series 20192018-4 Notes will be due and payable on the Series 20192018-4 Final Maturity Date. The Note Balance of each Class of the Series 20192018-4 Notes will be due and payable on the date the Series 20192018-4 Notes are declared to be, or have automatically become, immediately due and payable according to Section 5.2(a) of the Indenture.
Appears in 2 contracts
Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC
Principal. If a Series 20192020-4 2 Amortization Event occurs before the Series 20192020-4 2 Final Maturity Date, the principal of each Class of Series 20192020-4 2 Notes will be payable in installments on each Payment Date during the Early Amortization Period according to Section 4.2(f). The Note Balance of each Class of Series 20192020-4 2 Notes will be due and payable on the Series 20192020-4 2 Final Maturity Date. The Note Balance of each Class of the Series 20192020-4 2 Notes will be due and payable on the date the Series 20192020-4 2 Notes are declared to be, or have automatically become, immediately due and payable according to Section 5.2(a) of the Indenture.
Appears in 2 contracts
Samples: Series 2020 (Ford Credit Floorplan LLC), Ford Credit Floorplan LLC
Principal. If a Series 20192016-4 5 Amortization Event occurs before the Series 20192016-4 5 Final Maturity Date, the principal of each Class of Series 20192016-4 5 Notes will be payable in installments on each Payment Date during the Early Amortization Period according to Section 4.2(f). The Note Balance of each Class of Series 20192016-4 5 Notes will be due and payable on the Series 20192016-4 5 Final Maturity Date. The Note Balance of each Class of the Series 20192016-4 5 Notes will be due and payable on the date the Series 20192016-4 5 Notes are declared to be, or have automatically become, immediately due and payable according to Section 5.2(a) of the Indenture.
Appears in 2 contracts
Samples: Series 2016 (Ford Credit Floorplan Corp), Ford Credit Floorplan Corp
Principal. If a Series 20192018-4 1 Amortization Event occurs before the Series 20192018-4 1 Final Maturity Date, the principal of each Class of Series 20192018-4 1 Notes will be payable in installments on each Payment Date during the Early Amortization Period according to Section 4.2(f). The Note Balance of each Class of Series 20192018-4 1 Notes will be due and payable on the Series 20192018-4 1 Final Maturity Date. The Note Balance of each Class of the Series 20192018-4 1 Notes will be due and payable on the date the Series 20192018-4 1 Notes are declared to be, or have automatically become, immediately due and payable according to Section 5.2(a) of the Indenture.
Appears in 2 contracts
Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC
Principal. If a Series 20192017-4 1 Amortization Event occurs before the Series 20192017-4 1 Final Maturity Date, the principal of each Class of Series 20192017-4 1 Notes will be payable in installments on each Payment Date during the Early Amortization Period according to Section 4.2(f). The Note Balance of each Class of Series 20192017-4 1 Notes will be due and payable on the Series 20192017-4 1 Final Maturity Date. The Note Balance of each Class of the Series 20192017-4 1 Notes will be due and payable on the date the Series 20192017-4 1 Notes are declared to be, or have automatically become, immediately due and payable according to Section 5.2(a) of the Indenture.
Appears in 2 contracts
Samples: Ford Credit Floorplan Corp, Ford Credit Floorplan LLC
Principal. If a Series 2019-4 1 Amortization Event occurs before the Series 2019-4 1 Final Maturity Date, the principal of each Class of Series 2019-4 1 Notes will be payable in installments on each Payment Date during the Early Amortization Period according to Section 4.2(f). The Note Balance of each Class of Series 2019-4 1 Notes will be due and payable on the Series 2019-4 1 Final Maturity Date. The Note Balance of each Class of the Series 2019-4 1 Notes will be due and payable on the date the Series 2019-4 1 Notes are declared to be, or have automatically become, immediately due and payable according to Section 5.2(a) of the Indenture.
Appears in 2 contracts
Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC
Principal. If a Series 20192018-4 3 Amortization Event occurs before the Series 20192018-4 3 Final Maturity Date, the principal of each Class of Series 20192018-4 3 Notes will be payable in installments on each Payment Date during the Early Amortization Period according to Section 4.2(f). The Note Balance of each Class of Series 20192018-4 3 Notes will be due and payable on the Series 20192018-4 3 Final Maturity Date. The Note Balance of each Class of the Series 20192018-4 3 Notes will be due and payable on the date the Series 20192018-4 3 Notes are declared to be, or have automatically become, immediately due and payable according to Section 5.2(a) of the Indenture.
Appears in 2 contracts
Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC
Principal. If a Series 20192017-4 3 Amortization Event occurs before the Series 20192017-4 3 Final Maturity Date, the principal of each Class of Series 20192017-4 3 Notes will be payable in installments on each Payment Date during the Early Amortization Period according to Section 4.2(f). The Note Balance of each Class of Series 20192017-4 3 Notes will be due and payable on the Series 20192017-4 3 Final Maturity Date. The Note Balance of each Class of the Series 20192017-4 3 Notes will be due and payable on the date the Series 20192017-4 3 Notes are declared to be, or have automatically become, immediately due and payable according to Section 5.2(a) of the Indenture.
Appears in 2 contracts
Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC
Principal. If a Series 20192020-4 1 Amortization Event occurs before the Series 20192020-4 1 Final Maturity Date, the principal of each Class of Series 20192020-4 1 Notes will be payable in installments on each Payment Date during the Early Amortization Period according to Section 4.2(f). The Note Balance of each Class of Series 20192020-4 1 Notes will be due and payable on the Series 20192020-4 1 Final Maturity Date. The Note Balance of each Class of the Series 20192020-4 1 Notes will be due and payable on the date the Series 20192020-4 1 Notes are declared to be, or have automatically become, immediately due and payable according to Section 5.2(a) of the Indenture.
Appears in 2 contracts
Samples: Series 2020 (Ford Credit Floorplan LLC), Series 2020 (Ford Credit Floorplan LLC)
Principal. If a Series 20192016-4 1 Amortization Event occurs before the Series 20192016-4 1 Final Maturity Date, the principal of each Class of Series 20192016-4 1 Notes will be payable in installments on each Payment Date during the Early Amortization Period according to Section 4.2(f). The Note Balance of each Class of Series 20192016-4 1 Notes will be due and payable on the Series 20192016-4 1 Final Maturity Date. The Note Balance of each Class of the Series 20192016-4 1 Notes will be due and payable on the date the Series 20192016-4 1 Notes are declared to be, or have automatically become, immediately due and payable according to Section 5.2(a) of the Indenture.
Appears in 2 contracts
Samples: Series 2016 (Ford Credit Floorplan Corp), Series 2016 (Ford Credit Floorplan Corp)
Principal. If a Series 20192018-4 2 Amortization Event occurs before the Series 20192018-4 2 Final Maturity Date, the principal of each Class of Series 20192018-4 2 Notes will be payable in installments on each Payment Date during the Early Amortization Period according to Section 4.2(f). The Note Balance of each Class of Series 20192018-4 2 Notes will be due and payable on the Series 20192018-4 2 Final Maturity Date. The Note Balance of each Class of the Series 20192018-4 2 Notes will be due and payable on the date the Series 20192018-4 2 Notes are declared to be, or have automatically become, immediately due and payable according to Section 5.2(a) of the Indenture.
Appears in 2 contracts
Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC
Principal. If a Series 20192016-4 Amortization Event occurs before the Series 20192016-4 Final Maturity Date, the principal of each Class of Series 20192016-4 Notes will be payable in installments on each Payment Date during the Early Amortization Period according to Section 4.2(f). The Note Balance of each Class of Series 20192016-4 Notes will be due and payable on the Series 20192016-4 Final Maturity Date. The Note Balance of each Class of the Series 20192016-4 Notes will be due and payable on the date the Series 20192016-4 Notes are declared to be, or have automatically become, immediately due and payable according to Section 5.2(a) of the Indenture.
Appears in 2 contracts
Samples: Ford Credit Floorplan Corp, Ford Credit Floorplan Corp
Principal. If a Series 20192017-4 2 Amortization Event occurs before the Series 20192017-4 2 Final Maturity Date, the principal of each Class of Series 20192017-4 2 Notes will be payable in installments on each Payment Date during the Early Amortization Period according to Section 4.2(f). The Note Balance of each Class of Series 20192017-4 2 Notes will be due and payable on the Series 20192017-4 2 Final Maturity Date. The Note Balance of each Class of the Series 20192017-4 2 Notes will be due and payable on the date the Series 20192017-4 2 Notes are declared to be, or have automatically become, immediately due and payable according to Section 5.2(a) of the Indenture.
Appears in 2 contracts
Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC
Principal. If a Series 2019-4 2 Amortization Event occurs before the Series 2019-4 2 Final Maturity Date, the principal of each Class of Series 2019-4 2 Notes will be payable in installments on each Payment Date during the Early Amortization Period according to Section 4.2(f). The Note Balance of each Class of Series 2019-4 2 Notes will be due and payable on the Series 2019-4 2 Final Maturity Date. The Note Balance of each Class of the Series 2019-4 2 Notes will be due and payable on the date the Series 2019-4 2 Notes are declared to be, or have automatically become, immediately due and payable according to Section 5.2(a) of the Indenture.
Appears in 2 contracts
Samples: Ford Credit Floorplan LLC, Ford Credit Floorplan LLC
Principal. If a Series 20192016-4 3 Amortization Event occurs before the Series 20192016-4 3 Final Maturity Date, the principal of each Class of Series 20192016-4 3 Notes will be payable in installments on each Payment Date during the Early Amortization Period according to Section 4.2(f). The Note Balance of each Class of Series 20192016-4 3 Notes will be due and payable on the Series 20192016-4 3 Final Maturity Date. The Note Balance of each Class of the Series 20192016-4 3 Notes will be due and payable on the date the Series 20192016-4 3 Notes are declared to be, or have automatically become, immediately due and payable according to Section 5.2(a) of the Indenture.
Appears in 2 contracts
Samples: Ford Credit Floorplan Corp, Ford Credit Floorplan Corp