Reserve Account Deposit definition

Reserve Account Deposit. Cash or Eligible Investments having a value of at least $4,018,078.24.
Reserve Account Deposit means an amount equal to $__________.
Reserve Account Deposit means $3,301,779.74.

Examples of Reserve Account Deposit in a sentence

  • Reserve Account Deposit –– To the extent amounts then on deposit in the reserve account are less than the specified reserve account balance described below under “Credit Enhancement— Reserve Account,” to the reserve account, until the amount on deposit in the reserve account equals such specified reserve account balance;7.

  • The Designated Port Representative is hereby authorized to negotiate terms for the purchase of the Series 2022 Bonds and to execute one or more Bond Purchase Contracts, with such terms (including the designation of the Refunded Bonds and the Series 2022 Reserve Account Deposit) as are approved by the Executive Director pursuant to this section and consistent with this series resolution and the Intermediate Lien Master Resolution.

  • Together with existing reserve account balances in the Intermediate Lien Reserve Account, the Series 2022Reserve Account Deposit shall be at least sufficient to meet the Intermediate Lien Reserve Requirement.The Designated Port Representative may decide to utilize one or more Surety Bonds to satisfy the Series 2022 Reserve Account Deposit; provided that each Surety Bond meets the qualifications for Qualified Insurance.

  • The Series 2022 Reserve Account Deposit shall be deposited in the Intermediate Lien Reserve Account (or shall be satisfied through the issuance of one or more Surety Bonds) on the date of issuance of the Series 2022 Bonds.

  • If the district does not obtain the Child Development Center the Capital Reserve funds will be returned as undesignated Capital Reserve funds.Capital Reserve Account Deposit ( Upgrades to all Schools )RESOLVED that the Tinton Falls Board of Education requests the approval of a capital reserve deposit in the amount of $ 11,659.


More Definitions of Reserve Account Deposit

Reserve Account Deposit means $2,814,864.77.
Reserve Account Deposit means $2,448,168.79.
Reserve Account Deposit means $4,174,340.29.
Reserve Account Deposit means $5,770,077.89.
Reserve Account Deposit means $11,828,946.33.
Reserve Account Deposit means $1,796,857.28.
Reserve Account Deposit. The amount to be paid by the Depositor to the Grantor Trust Trustee for deposit in the Reserve Account on the Closing Date, which amount is equal to $500,000.00.