Spread Account Initial Deposit means an amount equal to 2.0% of the aggregate Principal Balance of the Receivables on the Cutoff Date (which is equal to $21,505,439.97).
Spread Account Initial Deposit means $__________, 100% of which will be cash.
Spread Account Initial Deposit means, initially, $ and, with respect to each Subsequent Transfer Date, cash or Eligible Investments having a value approximately equal to % of the aggregate Contract Value of the Subsequent Receivables conveyed to the Issuing Entity on such Subsequent Transfer Date.]
Examples of Spread Account Initial Deposit in a sentence
Establishment of Spread Account; Initial Deposit into Spread Account; Maintenance of Spread Account.
On or prior to the Closing Date, the Issuer shall deposit or cause to have deposited an amount equal to the Spread Account Initial Deposit into the Spread Account from the net proceeds of the sale of the Notes.
Establishment of Spread Account; Initial Deposit into Spread Account; Maintenance of Spread Account 13 Section 3.02.
Establishment of Spread Account; Initial Deposit into Spread Account; Maintenance of Spread Account 8 Section 3.02.
Establishment of Spread Account; Initial Deposit into Spread Account; Maintenance of Spread Account 11 Section 3.02.
More Definitions of Spread Account Initial Deposit
Spread Account Initial Deposit means an amount equal to $5,376,344.09.
Spread Account Initial Deposit means, initially, $6,506,664 and, with respect to each Subsequent Transfer Date, cash or Eligible Investments having a value approximately equal to 2.00% of the aggregate Contract Value of the Subsequent Receivables conveyed to the Issuer on such Subsequent Transfer Date.
Spread Account Initial Deposit has the meaning specified in the Sale and Servicing Agreement.
Spread Account Initial Deposit means $22,500,000.
Spread Account Initial Deposit means $7,500,000.
Spread Account Initial Deposit means an amount equal to 2.0% of the aggregate principal balance of the Initial Receivables on the Closing Date (which is equal to $18,499,995.15).
Spread Account Initial Deposit shall have the meaning assigned in Section 3.01(c) hereof.