Ford
key series triggers enhancement step up trigger if average monthly principal payment rate for the three preceding collection periods is less than subordination or reserve fund increases by four percentage points during periods when the exceeds certain principal collections may be used for potential shortfalls in interest or fees amortization triggers average monthly principal payment rate for the three preceding collection periods is less than cash balance in the excess funding account exceeds of the adjusted invested amount of all series for three consecutive months available subordinated amount is less than the required subordinated amount bankruptcy insolvency or similar events relating to the depositor the issuer ford credit or ford motor company | Ford
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February 2024
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