Reserve Account Amount definition

Reserve Account Amount means, for any Distribution Date, the amount on deposit in and available for withdrawal from the Reserve Account on such Distribution Date (after giving effect to all deposits to and withdrawals from the Reserve Account on the preceding Distribution Date, or, in the case of the initial Distribution Date, the Closing Date), including all interest and other income (net of losses and investment expenses) earned on such amount during the preceding Collection Period.
Reserve Account Amount means, with respect to any Payment Date, the amount on deposit in the Reserve Account. Unless specifically stated to the contrary, the Reserve Account Amount shall be calculated after giving effect to all deposits and withdrawals therefrom on the prior Payment Date (or, in the case of the first Payment Date, the Closing Date) and all interest and other income (net of losses and investment expenses) on such amounts during the related Collection Period.
Reserve Account Amount means, on any day, the amount on deposit in the Reserve Account.

Examples of Reserve Account Amount in a sentence

Required Reserve Account Amount (.50% of Note Principal Balance beginning on Reserve Account Funding Date)0.00c.

As of the date hereof the Available Spread Account Amount equals the Required Spread Account Amount and, if the Reserve Account Funding Date has occurred, the Available Reserve Account Amount equals the Required Reserve Account Amount.

The Trustee, at the direction of the Servicer, shall (i) make withdrawals from the Reserve Account from time to time in an amount up to the Available Reserve Account Amount at such time, for the purposes set forth in this Supplement, and (ii) on each Distribution Date (from and after the Reserve Account Funding Date) prior to the termination of the Reserve Account make a deposit into the Reserve Account in the amount specified in, and otherwise in accordance with, subsection 4.07(j).

Excess of Required Reserve Account Amount Over Available Reserve Account Amount 0.00 ix.

The Excess of the Required Reserve Account Amount over the Available Reserve Account Amount, to be deposited into the Reserve Account is equal to .


More Definitions of Reserve Account Amount

Reserve Account Amount means, as of any Payment Date, the then current amount then on deposit in the Reserve Account.
Reserve Account Amount means, as of any date, the amount then on deposit in the Reserve Account.
Reserve Account Amount means, as of any date, an amount equal to the amount on deposit in the Reserve Account on such date, after giving effect to all deposits, transfers and withdrawals from the Reserve Account on such date. "RESERVE ACCOUNT TERMINATION DATE" - Section 2.4(a).
Reserve Account Amount means, with respect to any Payment Date, the amount on deposit in the Reserve Account after giving effect to all deposits and withdrawals therefrom on the prior Payment Date (or, in the case of the first Payment Date, the Closing Date).
Reserve Account Amount. On any day, the amount on deposit in the Reserve Account.
Reserve Account Amount means, as of any date of determination, the amount of funds then on deposit in the Reserve Accounts.
Reserve Account Amount means, as of any date, an amount equal to the amount on deposit in the Reserve Account on such date, after giving effect to all deposits, transfers and withdrawals from the Reserve Account on such date.