Examples of Reserve Account Withdrawal Amount in a sentence
If the Reserve Account Withdrawal Amount is not sufficient to cover the Available Amounts Shortfall, then the Indenture Trustee shall, upon written directions from the Servicer, withdraw the excess of the Available Amounts Shortfall over the Reserve Account Withdrawal Amount from the Risk Retention Reserve Account and deposit such excess into the Collection Account no later than 12:00 noon, New York City time, on the Business Day prior to the related Payment Date.
On or before each Payment Date, the Indenture Trustee will withdraw from the Reserve Account the Reserve Account Withdrawal Amount and deposit such amount into the Collection Account as indicated on the related Servicer Report delivered pursuant to Section 3.7 of the Sale and Servicing Agreement.
On or before each Payment Date, the Indenture Trustee will withdraw from the Reserve Account the Reserve Account Withdrawal Amount and deposit such amount into the Collection Account as indicated on the related Servicer Report delivered pursuant to Section 4.1 of the Sale and Servicing Agreement.
On each Payment Date prior to the February 2014 Payment Date, if the information set forth in the related Monthly Report discloses a swap payment amount to be made from the Class HE:B Guaranty Fee (the "Swap Reserve Account Withdrawal Amount"), the Trustee shall withdraw such amount (to the extent of funds on deposit) from the Swap Reserve Account for remittance to Credit Suisse First Boston Management Corporation on such date to the address identified in Section 12.09.
The liability of Party B to Party A hereunder is limited in recourse solely to the amounts payable to Party A from the Available Amounts and the Reserve Account Withdrawal Amount in accordance with the priority of payments set forth in Section 5.05(b) of the Sale and Servicing Agreement.