Examples of Initial Reserve Account Deposit Amount in a sentence
On the Closing Date, the Residual Interestholder shall cause to be deposited in the Reserve Account the Initial Reserve Account Deposit Amount.
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.
The Issuer agrees, simultaneously with the execution and delivery of this Indenture, to execute and deliver the Master Reserve Account Agreement and, pursuant to the terms thereof, to deposit the Initial Reserve Account Deposit Amount in the Reserve Account on the Closing Date.
On the Closing Date, the Issuer shall cause the Trustee to deposit the Initial Reserve Account Deposit Amount from the proceeds of the sale of the Notes to the Reserve Account.