Reserve Fund Deposit definition

Reserve Fund Deposit. With respect to the Reserve Fund, an amount equal to $5,000, which the Depositor shall initially deposit into the Reserve Fund pursuant to Section 3.21 hereof.
Reserve Fund Deposit means an amount equal to $3,485,416.70 (i.e., 0.25% of the Cutoff Date Adjusted Pool Balance).
Reserve Fund Deposit. Any of the Group I Reserve Fund Deposit and Group II Reserve Fund Deposit.

Examples of Reserve Fund Deposit in a sentence

  • The Purchaser, as set forth in the Sale and Servicing Agreement, shall deposit, from funds it receives from the sale of the Notes, the Reserve Fund Deposit into the Reserve Fund, which amount shall be an asset of the Issuer.


More Definitions of Reserve Fund Deposit

Reserve Fund Deposit. With respect to each Reserve Fund, $1,000.
Reserve Fund Deposit means an amount equal to $[●] (i.e., [●]% of the Cutoff Date Pool Balance).
Reserve Fund Deposit means an amount equal to $2,750,014.01 (i.e., 0.25% of the Cutoff Date Pool Balance).
Reserve Fund Deposit means an amount equal to $2,994,011.98.
Reserve Fund Deposit. With respect to the Reserve Fund, an amount equal to $17,846, which the Trustee shall deposit into the Trust Fund pursuant to Section 4.08 hereof.
Reserve Fund Deposit means an amount equal to $10,884,458.83 (i.e., 1.00% of the Cutoff Date Adjusted Pool Balance).
Reserve Fund Deposit means, with respect to the Closing Date, $___________.