Requisite Reserve Amount definition

Requisite Reserve Amount. As of any date with respect to any Series (or Class within such Series), the amount, if any, required to be maintained in the Reserve Account, if any, for such Series or Class as specified in or determined pursuant to the related Supplement.

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Requisite Reserve Amount. As of the Closing Date, $282,599.98 and as of any Distribution Date or Subsequent Transfer Date thereafter during the Funding Period an amount equal to the difference between

Requisite Reserve Amount as of any date will equal the product of:

Examples of Requisite Reserve Amount in a sentence

• On each Distribution Date, any funds on deposit in the Reserve Account (other than funds on deposit in the Class A-1 Holdback Subaccount) in excess of the Requisite Reserve Amount (after giving effect to any withdrawals on the immediately preceding Draw Date as described above) shall be paid to the Depositor.

• On each Distribution Date, any funds on deposit in the Reserve Account (other than funds on deposit in the Class A-1 Holdback Subaccount) in excess of the Requisite Reserve Amount (after giving effect to any withdrawals on the immediately preceding Draw Date as described above) shall be paid to the General Partners.

• On each Distribution Date, any funds on deposit in the Reserve Account in excess of the Requisite Reserve Amount (after giving effect to any withdrawals on the immediately preceding Draw Date as described above) shall be paid to the Depositor.

• For purposes of this Series Supplement, there shall be no Administrative Agent Termination Event, Administrative Fee, Calculation Agent, Credit Support, Credit Support Instrument, Credit Support Provider, Exchange Rate Agent, Letter of Credit, Limited Guarantor, Limited Guaranty, Requisite Reserve Amount, Reserve Account, Sub-Administration Account, Sub-Administration Agreement, Sub-Administrative Agent, or Surety Bond, and all references to such terms in the Base Trust Agreement shall be disregarded.

• On each Distribution Date, any funds on deposit in the Reserve Account (other than funds on deposit in the ClassA-1 Holdback Subaccount) in excess of the Requisite Reserve Amount (after giving effect to any withdrawals on the immediately preceding Draw Date as described above) shall be paid to the Depositor.

More Definitions of Requisite Reserve Amount

Requisite Reserve Amount. (av) "Retained Interest"; (aw) "Scheduled Final Distribution Date"; (ax) "Specified Currency"; (ay) "Surety Bond"; (az) "Term Asset Provider"; (ba) "Term Asset Purchase Agreement"; (bb) "Term Assets"; (bc) "Term Assets Issuer"; (bd) "Term Assets Schedule"; (be) "Trust"; (bf) "Trustee"; (bg) "Trust Termination Event"; (bh) "Voting Rights";

Requisite Reserve Amount. (ll) "Scheduled Final Distribution Date"; (mm) "Specified Currency"; (nn) "Surety Bond"; (oo) "Trustee"; (pp) "Voting Rights";

Requisite Reserve Amount. (vv) "Retained Interest"; (ww) "Scheduled Final Distribution Date"; (xx) "Specified Currency"; (yy) "Surety Bond"; (zz) "Term Asset Provider"; (aaa) "Term Asset Purchase Agreement"; (bbb) "Term Assets"; (ccc) "Term Assets Issuer"; (ddd) "Term Assets Schedule"; (eee) "Trust"; (fff) "Trustee"; (ggg) "Trust Termination Event"; (hhh) "Voting Rights";

Requisite Reserve Amount means, as of any date with respect to any Series (or Class within such Series) of Certificates, the amount, if any, required to be maintained in the Reserve Account, if any, for such Series or Class as specified in or determined pursuant to the related Series Supplement.

Requisite Reserve Amount means, as to any Distribution Date, an amount equal to the lesser of (i) the greater of (a) the product of (x) the then current aggregate Outstanding Note Balance and (y) the Reserve Account Percentage and (b) $500,000, and (ii) the then current Outstanding Note Balance.

Requisite Reserve Amount. Retained Interest" "Sale Procedures" 5 <PAGE> "Sub-Administration Account" "Sub-Administration Agreement" "Sub-Administration Agent" "Surety Bond" "Swap Agreement" "Swap Counterparty" "Swap Distribution Amount" "Swap Guarantee" "Swap Guarantor" "Swap Receipt Amount" "Swap Termination Payment"

Requisite Reserve Amount means:]