Examples of Reserve Fund Deposit Amount in a sentence
Reserve Fund Deposit Amount: With respect to any Distribution Date, the excess, if any, of (a) the Reserve Fund Required Amount for such Distribution Date, over (b) the Reserve Fund Available Amount for such Distribution Date.
On the Closing Date, the Seller shall cause to be deposited in the Reserve Fund the Initial Reserve Fund Deposit Amount.
For any Distribution Date related to a Due Period occurring during an Investment Period or an Early Amortization Period, an amount equal to the Negative Carry Reserve Fund Deposit Amount shall be deposited in the Negative Carry Reserve Fund.
On the Series Issuance Date, the Transferor shall cause to be deposited in the Reserve Fund the Initial Reserve Fund Deposit Amount.
On a pro rata basis between clauses (x) and (y), an amount equal to (x) the excess of the Invested Amount over the amount of all previous deposits to the Series Principal Account pursuant to this Section 4.03(b)(i) shall be deposited in the Series Principal Account and (y) the Negative Carry Reserve Fund Deposit Amount (reduced by the amount deposited pursuant to Section 4.03(a)(ii)) shall be deposited in the Negative Carry Reserve Fund.