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Common use of Accounts Collections and Application of Funds Clause in Contracts

Accounts Collections and Application of Funds.

Appears in 25 contracts

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

Related Clauses

  • Application of Funds in the Collection Account
  • Collection of Taxes, Assessments and Similar Items; Servicing Accounts; Reserve Accounts
  • Collection of Funds
  • Application of Collections
  • Investment of Funds in the Collection Account and the Distribution Account

Parent Clauses

  • Direction to Owner Trustee
  • Electronic Signatures

Sub-Clauses

  • Maintenance of Accounts
  • Net Deposits
  • Permitted Investments
  • Reconciliation of Deposits
  • Continuation of Liens in Investments
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