Common use of Certain Rights of Depositor Clause in Contracts

Certain Rights of Depositor. The Depositor shall be entitled to any amounts not needed on any Distribution Date to make payments on the Notes or the Certificates or to make deposits to the Reserve Account pursuant to Section 4.6 of the Sale and Servicing Agreement, and to receive amounts remaining in the Reserve Account following the payment in full of the aggregate principal amount of the Notes and the Aggregate Certificate Balance and of all other amounts owing or to

Appears in 1 contract

Sources: Trust Agreement (Ford Motor Credit Co)

Certain Rights of Depositor. The Depositor shall be entitled to any amounts not needed on any Distribution Date to make payments on the Notes or the Certificates or to make deposits to the Reserve Account pursuant to Section 4.6 of the Sale and Servicing Agreement, and to receive amounts remaining in the Reserve Account following the payment in full of the aggregate principal amount of the Notes and the Aggregate Certificate Balance and of all other amounts owing or toAggregate

Appears in 1 contract

Sources: Trust Agreement (Ford Credit Auto Receivables Two L P)