Defeasance Deposit definition

Defeasance Deposit means an amount equal to the remaining principal amount of the Note, the Defeasance Payment Amount, any costs and expenses incurred or to be incurred in the purchase of U.S. Obligations necessary to meet the Scheduled Defeasance Payments and any revenue, documentary stamp or intangible taxes or any other tax or charge due in connection with the transfer of the Note or otherwise required to accomplish the agreements of Sections 2.4 and 2.5 hereof (including, without limitation, any fees and expenses of accountants, attorneys and the Rating Agencies incurred in connection therewith).
Defeasance Deposit means the amount that will be sufficient to purchase the Defeasance Collateral.
Defeasance Deposit means an amount equal to the total cost incurred or to be incurred in the purchase on behalf of Borrower of Federal Obligations necessary to meet the Scheduled Defeasance Payments.

Examples of Defeasance Deposit in a sentence

  • We have decided to introduce a mechanism where on mouse over the emotion label appears, besides the emotional labels that are always present.

  • The Lender must be provided an opinion of a certified public accountant that the Defeasance Deposit is adequate to match the remaining payments due on the note.

  • The Lender must be paid a Defeasance Deposit in an amount equal to the unpaid principal amount of the loan, a yield maintenance premium, accrued interest and the costs to purchase the United States Obligations.

  • As of the Amendment No. 11 Effective Date, GFC has defeased a portion of the GFC 2021 Notes by causing the GFC 2021 Notes First Defeasance Deposit to be deposited with Xxxxx Fargo, as trustee for the GFC 2021 Notes.

  • In the Illinois Great RiversConference, a drag queen/gay man, Isaac Simmons (Ms. Penny Cost) is the first openly Queer person to be certified as a Candidate for Ordained ministry, and the first drag queen to receive that title in the World.


More Definitions of Defeasance Deposit

Defeasance Deposit means an amount equal to the remaining principal amount of the Note or the Defeased Note, as applicable, the Yield Maintenance Premium, any costs and expenses incurred or to be incurred in the purchase of U.S. Obligations necessary to meet the Scheduled Defeasance Payments and any revenue, documentary stamp or intangible taxes or any other tax or charge due in connection with the transfer of the Note or the Defeased Note, as applicable, the creation of the Defeased Note and the Undefeased Note, if applicable, or otherwise required to accomplish the agreements of Sections 2.3 and 2.4 hereof.
Defeasance Deposit means the following in each of the following circumstances:
Defeasance Deposit means an amount equal to the remaining principal amount of the Note, the Defeasance Payment Amount, any costs and expenses incurred or to be incurred in the purchase of U.S. Obligations necessary to meet the Scheduled Defeasance Payments, any revenue, documentary stamp or intangible taxes or any other tax or charge due in connection with the transfer of the Note or otherwise required to accomplish the agreements of Sections 2.4 and 2.5 hereof (including any fees and expenses of accountants, attorneys and the Rating Agencies incurred in connection therewith), and a customary defeasance processing fee in an amount determined by Lender in its discretion.
Defeasance Deposit means an amount equal to the sum of the present value of each Mortgage Payment that becomes due and payable during the period beginning on the first day of the second calendar month after the Defeasance Closing Date and ending on the Stated Maturity Date, where the present value of each Mortgage Payment is determined using the following formula: the amount of the Mortgage Payment (1 + (the Annual Yield/12))/n/ For this purpose, the last Mortgage Payment due and payable on the Stated Maturity Date shall include the amounts that would constitute the unpaid principal balance of the Base Facility Note subject to Defeasance on the Stated Maturity Date if all prior Mortgage Payments were paid on their due dates and “n” shall equal the Applicable Defeasance Term.
Defeasance Deposit means an amount equal to the sum of (i) an amount sufficient to purchase U.S. Obligations which provide payments that will meet the Scheduled Defeasance Payments, (ii) any costs and expenses incurred or to be incurred in the purchase of such U.S. Obligations and (iii) any revenue, documentary stamp or intangible taxes or any other tax or charge due in connection with the transfer of the Note, the creation of the Defeased Note and the Undefeased Note, if applicable, any transfer of the Defeased Note or otherwise required to accomplish the agreements of Sections 2.3 and 2.4 hereof.
Defeasance Deposit means an amount in immediately available funds equal to the sum of the cost of the Defeasance Collateral and all costs and expenses incurred or to be incurred in connection therewith, including without limitation any revenue, documentary stamp or intangible taxes or any other tax or charge due in connection with the defeasance of the Loan.
Defeasance Deposit means an amount equal to the remaining principal amount of the Note or the Defeased Note, as applicable, the Yield Maintenance Premium and any costs and expenses incurred or to be incurred in the purchase of U.S. Obligations necessary to meet the Scheduled Defeasance Payments.