SEC Contract Filing

Filing Date: 2024-11-25

Document Content:
<DOCUMENT>
<TYPE>EX-10.5
<SEQUENCE>7
<FILENAME>tm2428010d11_ex10-5.htm
<DESCRIPTION>EXHIBIT 10.5
<TEXT>
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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit 10.5</B></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Execution Version</B></P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">ACCOUNT CONTROL AGREEMENT</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">among</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">FORD CREDIT AUTO OWNER TRUST 2024-D,<BR>
as Grantor</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">THE BANK OF NEW YORK MELLON,<B><BR>
</B>as Secured Party</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">and</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">THE BANK OF NEW YORK MELLON,<B><BR>
</B>as Financial Institution</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Dated as of November 1, 2024</P>

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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">TABLE OF CONTENTS</P>

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 <TD STYLE="width: 90%; text-align: left; text-indent: -1.25in; padding-top: 6pt; padding-bottom: 0in; padding-left: 1.25in">ARTICLE I USAGE AND DEFINITIONS</TD>
 <TD STYLE="width: 10%; text-align: right; padding-top: 6pt; padding-bottom: 0in">1</TD></TR>
 <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
 <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0in; padding-left: 1.5in">Section 1.1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Usage and Definitions</TD>
 <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0in">1</TD></TR>
 <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
 <TD STYLE="text-align: left; text-indent: -1.25in; padding-top: 6pt; padding-bottom: 0in; padding-left: 1.25in">ARTICLE II ESTABLISHMENT OF COLLATERAL ACCOUNTS</TD>
 <TD STYLE="text-align: right; padding-top: 6pt; padding-bottom: 0in">1</TD></TR>
 <TR STYLE="text-align: left; vertical-align: bottom; font: 12pt Times New Roman, Times, Serif">
 <TD STYLE="text-align: left; text-indent: -1in; padding-top: 0in; padding-bottom: 0in; padding-left: 1.5in">Sectio