Initial Member WCR Account Deposit definition

Initial Member WCR Account Deposit has the meaning set forth in the Private Owner Interest Sale Agreement.
Sample 1Sample 2Sample 3

Examples of Initial Member WCR Account Deposit in a sentence

  • On the Closing Date, the Initial Member and the Private Owner shall fund the Working Capital Reserve in an initial principal amount of the WCR Account Deposit as follows: the Initial Member shall deposit cash in the amount of the Initial Member WCR Account Deposit, and the Private Owner shall deposit cash in the amount of the Private Owner WCR Account Deposit, which deposits shall be made in accordance with the applicable provisions of the Transferred LLC Interest Sale Agreement.

  • Access to the site already exists from the main spine road (Crockford Lane) and the bellmouth forms part of the adopted highway.

  • Mandat began his musical career at the age fourteen with five years of piano lessons.

  • On the Closing Date, the Initial Member and the Private Owner will fund the Working Capital Reserve in an initial principal amount of the WCR Account Deposit as follows: the Initial Member will deposit cash in the amount of the Initial Member WCR Account Deposit, and the Private Owner will deposit cash in the amount of the Private Owner WCR Account Deposit, which deposits will be made in accordance with the applicable provisions of the Private Owner Interest Sale Agreement.

Related to Initial Member WCR Account Deposit

  • Member Account means the regular account and the variable account.

  • Principal Funding Account Balance means, with respect to any date of determination during the Controlled Accumulation Period, the principal amount, if any, on deposit in the Principal Funding Account on such date of determination.

  • Project Account means the account referred to in Section 3.04 (a) of this Agreement;

  • Initial Deposit shall have the meaning set forth in Section 2.5(a).

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Additional Capital Contributions shall have the meaning set forth in Section 5.3.

  • Capital Account Distribution Date and "Income Account Distribution Date" shall mean the "Distribution Dates" set forth in the "Essential Information" in the Prospectus.