Reserve Initial Deposit Sample Clauses

Reserve Initial Deposit. On the 2018-A Closing Date, the Seller will deposit, or cause to be deposited, the Reserve Initial Deposit into the 2018-A Reserve Account from the net proceeds of the sale of the Notes. ARTICLE SIX
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Reserve Initial Deposit. On the 2011-A Closing Date, the Depositor will deposit, or cause to be deposited, the Reserve Initial Deposit into the Reserve Account from the net proceeds of the sale of the Class A Notes.
Reserve Initial Deposit. On the 20[__]-[_] Closing Date, the Seller will deposit, or cause to be deposited, the Reserve Initial Deposit into the 20[__]-[_] Reserve Account from the net proceeds of the sale of the Notes. ARTICLE SIX

Related to Reserve Initial Deposit

  • Additional Deposit For reasons of administration, the right is reserved to require payment by parents of an additional deposit (Additional Deposit), as shown on the fees list for the relevant year, in the case of a pupil whose normal residence is outside the United Kingdom. The Additional Deposit will be retained in the general funds of the School until the Pupil leaves and will be repaid by means of a credit without interest to the final payment of Fees or other sums due to the School on leaving, unless stated otherwise in these terms and conditions. See also clause 9.8.

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