Initial Deposit definition
Initial Deposit shall have the meaning set forth in Section 2.5(a).
Initial Deposit means the amount of all collections made on the Mortgage Loans from the Cut-Off Date to and excluding the Closing Date.
Initial Deposit means $0.00.
Examples of Initial Deposit in a sentence
The Initial Deposit shall be applied to the Stock Purchase Price at the Closing.
At the Closing, Buyer shall pay an amount (the “Closing Stock Payment”) equal to the Stock Purchase Price minus (i) the Initial Deposit minus (ii) the outstanding Indebtedness of 2WR of GA at Closing (which shall be paid in accordance with the payoff letters delivered pursuant to Section 4.02(a)(iv)), by wire transfer of immediately available funds to Parent in accordance with Parent’s designated wire instructions.
More Definitions of Initial Deposit
Initial Deposit has the meaning given in Section 2.2.1.
Initial Deposit. Shall have the meaning given to it in Section 3.1(a).
Initial Deposit means the Transferor’s deposit to the Reserve Fund, on or before the Closing Date, of $2,912,062.39.
Initial Deposit means the initial deposit by the Depositor and the Administrative Agent of $1,000 into the Down-MACRO Holding Trust in connection with the formation thereof.
Initial Deposit means the initial amount to be paid into the Project Account pursuant to Section 3.04 (b) of this Agreement;
Initial Deposit means the deposit referred to in Section 3.03 (b) of this Agreement;
Initial Deposit means an amount equal to 40% of the Participation Fee expressed as item C of Section I of the Application Form and where applicable, the shipping deposit expressed as item E of Section I of the Application Form.