Reserve Account. (a) On the Closing Date, the Seller shall deposit the Reserve Account Initial Deposit into the Reserve Account. The Servicer shall determine the Specified Reserve Account Balance for each Payment Date.
Appears in 59 contracts
Samples: Sale and Servicing Agreement (Deere John Capital Corp), Sale and Servicing Agreement (John Deere Receivables LLC), Sale and Servicing Agreement (Deere John Capital Corp)
Reserve Account. (a) On the Closing Date, the Seller shall deposit the Reserve Account Initial Deposit into the Reserve Account. The Servicer shall determine the Specified Reserve Account Balance for each Payment Distribution Date.
Appears in 9 contracts
Samples: Sale and Servicing Agreement (Caterpillar Financial Asset Trust 2005-A), Sale and Servicing Agreement (Caterpillar Financial Asset Trust 2004-A), Sale and Servicing Agreement (Caterpillar Financial Funding Corp)
Reserve Account. (a) On the Closing Date, the Seller shall deposit the Reserve Account Initial Deposit into the Reserve Account. The Servicer shall determine the Specified Reserve Account Balance for each Payment Date.
Appears in 7 contracts
Samples: Sale and Servicing Agreement (Chevy Chase Bank FSB), Sale and Servicing Agreement (First Security Bank Na), Sale and Servicing Agreement (Avco Abs Receivables Corp)
Reserve Account. (a) On the Closing Date, the Seller Issuing Entity shall deposit the Reserve Account Initial Deposit into the Reserve AccountAccount using the cash supplied to it pursuant to Section 2.01(h). The Servicer shall determine the Specified Reserve Account Balance for each Payment Distribution Date.
Appears in 7 contracts
Samples: Form of Sale and Servicing Agreement (Caterpillar Financial Funding Corp), Sale and Servicing Agreement (Caterpillar Financial Funding Corp), Sale and Servicing Agreement (Caterpillar Financial Asset Trust 2006-A)
Reserve Account. (a) On the Closing Date, the Seller shall deposit the Reserve Account Initial Deposit into the Reserve Account. The Servicer shall determine On the Closing Date, the Reserve Account Initial Deposit will equal the Specified Reserve Account Balance for each Payment as of the Closing Date.
Appears in 5 contracts
Samples: Sale and Servicing Agreement (Keycorp Student Loan Trust 2000-B), Sale and Servicing Agreement (Keycorp Student Loan Trust 2000-A), Sale and Servicing Agreement (Mellon Bank N A)
Reserve Account. (a) On the Closing Date, the Seller Transferor shall deposit the Reserve Account Initial Deposit into the Reserve Account. The Servicer shall determine the Specified Reserve Account Balance for each Payment Distribution Date.
Appears in 3 contracts
Samples: Transfer and Servicing Agreement (Metlife Capital Equipment Loan Trusts), Transfer and Servicing Agreement (Metlife Capital Equipment Loan Trusts), Transfer and Servicing Agreement (Metlife Capital Equipment Loan Trusts)
Reserve Account. (a) On the Closing Date, the Seller shall deposit the Reserve Account Initial AccountInitial Deposit into the Reserve Account. The Servicer shall determine the Specified Reserve Account Balance for each Payment Distribution Date.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Caterpillar Financial Funding Corp)
Reserve Account. (a) On the Closing Date, the Seller Depositor shall deposit the Reserve Account Initial Deposit into the Reserve Account. The Servicer shall determine the Specified Reserve Account Balance for each Payment Distribution Date.
Appears in 1 contract
Samples: Form of Sale and Servicing Agreement (Caterpillar Financial Funding Corp)
Reserve Account. (a) On the Closing Date, the Seller --------------- shall deposit the Reserve Account Initial Deposit into the Reserve Account. The Servicer shall determine the Specified Reserve Account Balance for each Payment Date.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Credit Suisse First Boston Mortgage Securities Corp)
Reserve Account. (a) On the Closing Date, the Seller Transferor shall deposit the Reserve Account Initial Deposit into the Reserve Account. The Servicer shall determine the Specified Reserve Account Balance for each Payment Date.
Appears in 1 contract
Samples: Transfer and Servicing Agreement (Advanta Bank Corp)
Reserve Account. (a) On the Closing Date, the Seller Transferor shall deposit the Reserve Account Initial Deposit into the Reserve Account. The Servicer shall determine the Specified Required Reserve Account Balance Amount for each Payment Date.
Appears in 1 contract
Samples: Transfer and Servicing Agreement (Advanta Bank Corp)
