Examples of Required Negative Carry Account Balance in a sentence
If the amount on deposit in the Negative Carry Account on any Payment Date (after giving effect to the withdrawal therefrom of the Negative Carry Amount for such Payment Date) is greater than the Required Negative Carry Account Balance, the excess will be released to the Seller.
If the amount on deposit in the Negative Carry Account on any Payment Date (after giving effect to the withdrawal therefrom of the Negative Carry Amount, if any, for such Payment Date) is greater than the Required Negative Carry Account Balance for such Payment Date, the excess shall be released to the Seller on such Payment Date.
Reconciliation of Negative Carry Account Beginning Negative Carry Account Balance $0.00 Pre-Funded Percentage 0.000% Negative Carry Amount $0.00 Cumulative Negative Carry Amount $433,178.05 Maximum Negative Carry Amount $0.00 Required Negative Carry Account Balance $0.00 Interim Ending Negative Carry Account Balance $0.00 Negative Carry Amount Released to Seller $0.00 Ending Negative Carry Account Balance $0.00 6.
Initial deposit 11/5/97 $652,521.00 Plus Investment Earnings $0.00 Subtotal $652,521.00 Required Negative Carry Account Balance (as of 11/17/97) $0.00 Excess Released to Certificateholders $652,521.00 Ending Balance 11/17/97 $0.00 Navistar Financial Corporation by: /s/ R.
During the Revolving Period, if funds are deposited into the Series2020-1 Principal Funding Account from the Excess Funding Account, then concurrent with such deposit, funds will be deposited into the Series 2020-1 Negative Carry Account to bring the balance in the Series 2020-1 Negative Carry Account up to the Required Negative Carry Account Balance.