Principal Terms. The principal terms of the 2022-A Exchange Note are as follows: (i) the "Exchange Note Issuance Date" is April 26, 2022; (ii) the 2022-A Exchange Note will be issued as a single class; (iii) the "Exchange Note Initial Principal Balance" for the 2022-A Exchange Note is $1,555,494,845.36; (iv) the Reference Pool for the 2022-A Exchange Note will be the 2022-A Reference Pool, as stated in Section 3.1; (v) the "Cutoff Date" for the 2022-A Reference Pool is April 1, 2022;
Appears in 2 contracts
Sources: Credit and Security Agreement (Ford Credit Auto Lease Trust 2022-A), Credit and Security Agreement (Ford Credit Auto Lease Trust 2022-A)
Principal Terms. The principal terms of the 20222021-A B Exchange Note are as follows:
(i) the "βExchange Note Issuance Date" β is April 26September 24, 20222021;
(ii) the 20222021-A B Exchange Note will be issued as a single class;
(iii) the "Exchange Note Initial Principal Balance" for the 2022-A Exchange Note is $1,555,494,845.36;
(iv) the Reference Pool for the 2022-A Exchange Note will be the 2022-A Reference Pool, as stated in Section 3.1;
(v) the "Cutoff Date" for the 2022-A Reference Pool is April 1, 2022;
Appears in 2 contracts
Sources: Credit and Security Agreement (Ford Credit Auto Lease Trust 2021-B), Credit and Security Agreement (Ford Credit Auto Lease Trust 2021-B)
Principal Terms. The principal terms of the 20222023-A Exchange Note are as follows:
(i) the "Exchange Note Issuance Date" is April 26January 23, 20222023;
(ii) the 20222023-A Exchange Note will be issued as a single class;
(iii) the "Exchange Note Initial Principal Balance" for the 20222023-A Exchange Note is $1,555,494,845.361,555,412,371.13;
(iv) the Reference Pool for the 20222023-A Exchange Note will be the 20222023-A Reference Pool, as stated in Section 3.1;
(v) the "Cutoff Date" for the 2022-A Reference Pool is April 1, 2022;
Appears in 2 contracts
Sources: Credit and Security Agreement (Ford Credit Auto Lease Trust 2023-A), Credit and Security Agreement (Ford Credit Auto Lease Trust 2023-A)
Principal Terms. The principal terms of the 20222024-A Exchange Note are as follows:
(i) the "Exchange Note Issuance Date" is April 26January 22, 20222024;
(ii) the 20222024-A Exchange Note will be issued as a single class;
(iii) the "Exchange Note Initial Principal Balance" for the 20222024-A Exchange Note is $1,555,494,845.361,675,742,268.04;
(iv) the Reference Pool for the 20222024-A Exchange Note will be the 20222024-A Reference Pool, as stated in Section 3.1;
(v) the "Cutoff Date" for the 2022-A Reference Pool is April 1, 2022;
Appears in 2 contracts
Sources: Credit and Security Agreement (Ford Credit Auto Lease Trust 2024-A), Credit and Security Agreement (Ford Credit Auto Lease Trust 2024-A)