Reserve Account Surplus definition

Reserve Account Surplus means, as of any Transfer Date following the Reserve Account Funding Date, the amount, if any, by which the amount on deposit in the Reserve Account exceeds the Required Reserve Account Amount.
Reserve Account Surplus means, as of any date of determination, the amount, if any, by which the amount on deposit in the Reserve Account exceeds the Required Reserve Account Amount.
Reserve Account Surplus means, as of any Transfer Date following the Reserve Account Funding Date, the amount, if any, by which the amount on deposit in the Reserve Account exceeds the Required Reserve Account Amount, after giving effect to all deposits to and withdrawals from the Reserve Account to occur on or prior to the related Payment Date.

Examples of Reserve Account Surplus in a sentence

Withdrawal for Reserve Account Surplus paid to Transferor pursuant to Section 4.10(e)0.00h.

Withdrawal for Reserve Account Surplus paid to Transferor pursuant to Section 4.10(d)0.00g.

In the event that the Reserve Account Surplus on any Distribution Date, after giving effect to all deposits to and withdrawals from the Reserve Account with respect to such Distribution Date, is greater than zero, the Trustee, acting in accordance with the written instructions of the Servicer, shall withdraw from the Reserve Account, and distribute to the Collateral Interest Holder, an amount equal to such Reserve Account Surplus.


More Definitions of Reserve Account Surplus

Reserve Account Surplus means, with respect to any Transfer Date, on or after the Reserve Account Funding Date, the amount, if any, by which the amount on deposit in the Reserve Account exceeds the Required Reserve Amount;
Reserve Account Surplus means, for any Distribution Date, the amount, if any, by which the amount on deposit in and available to be withdrawn from the Reserve Account on such Distribution Date (after giving effect to all deposits or withdrawals to be made to or from the Reserve Account on such date other than pursuant to Section 4.12(e)) exceeds the Required Reserve Account Amount for such Distribution Date.
Reserve Account Surplus means, as of any Distribution Date, the amount, if any, by which the Available Reserve Amount, after taking into account any deposits to the Reserve Account pursuant to Section 5.06(a) on such Distribution Date and any withdrawals from the Reserve Account pursuant to Sections 5.06(b) and (c) on such Distribution Date, exceeds the Specified Reserve Amount for the next Distribution Date.
Reserve Account Surplus means, as of any Distribution Date, the ----------------------- amount, if any, by which the amount on deposit in the Reserve Account on such Distribution Date exceeds the Required Reserve Account Amount with respect to such Distribution Date.
Reserve Account Surplus means, as of any date of determination, the amount, if any, by which the amount on deposit in the Reserve Account on such date (before giving effect to any deposit to, or withdrawal from, the Reserve Account on such date) exceeds the Required Reserve Account Amount on such date.
Reserve Account Surplus means, as of any Transfer
Reserve Account Surplus means, as of any date of determination, the excess, if any, of the Available Reserve Account Amount (after giving effect to any deposits thereto and withdrawals and releases therefrom on such date) over the Required Reserve Account Amount, in each case, as of such date.