Initial Reserve Account Deposit means $3,000,000.
Initial Reserve Account Deposit means $2,625,000.
Initial Reserve Account Deposit means $1,625,000.
Examples of Initial Reserve Account Deposit in a sentence
On the Closing Date, the Seller will deposit an amount equal to the Initial Reserve Account Deposit Amount into the Reserve Account from the net proceeds of the sale of the Notes.
There was relatively little activity in January, with the 2012 financial year showing $1,465 in revenues to this point.
More Definitions of Initial Reserve Account Deposit
Initial Reserve Account Deposit means 1% of the Pool Balance as of the Cutoff Date.
Initial Reserve Account Deposit means an amount equal to at least $13,581,488.94.
Initial Reserve Account Deposit means $[ ].
Initial Reserve Account Deposit means $8,192,727.66. -------------------------------
Initial Reserve Account Deposit. The initial deposit into the Interest Reserve Account equal to [___]% of the sum of the Aggregate Principal Balance of the Initial Mortgage Assets as of the Cut-Off Date, the Aggregate Principal Balance of any Additional Mortgage Assets purchased by the Issuer from the Grantor on the Closing Date and the amount of any funds on deposit in the Pre-Funding Account on the Closing Date (less any amounts used to purchase Additional Mortgage Assets on the Closing Date).
Initial Reserve Account Deposit means $5,000,000.
Initial Reserve Account Deposit is defined in Section 5.8(b) of the Sale and Servicing Agreement.