Additional Issuance; Reopening. The Issuer may from time to time, without notice to, or the consent of, the Noteholders of any Series, create and issue additional Series 20__-__ Notes of the same Class as any Class issued on the Closing Date. Additional Series 20__-__ Notes will form part of and have the same Principal Terms as the previously issued Class, except for (i) the initial principal amount of that Class, the Initial Invested Amount and the initial Note Balance of that Class on the Closing Date, (ii) the accrual and payment of interest before the issuance date of the additional Series 20__-__ Notes, and (iii) the first payment of interest following the issuance of the additional Series 20__-__ Notes. When issued, the additional Series 20__-__ Notes will be equally and ratably entitled to the benefits of the Indenture and this Indenture Supplement applying to those Series 20__-__ Notes of the same Class issued on the Closing Date without preference, priority or distinction. The obligation of the Indenture Trustee to authenticate and deliver additional Series 20__-__ Notes after the Closing Date and to execute and deliver any amendments to this Indenture Supplement to facilitate the additional issuance will be subject to the satisfaction of the following conditions:
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Sources: Indenture Supplement (Ford Credit Floorplan LLC), Indenture Supplement (Ford Credit Floorplan LLC)