Pre-Funded Amount definition

Pre-Funded Amount. With respect to any date of determination, the amount on deposit in the Pre-Funding Account.

Pre-Funded Amount means as of any date, the amount on deposit in the Pre-Funding Account at the close of business on such date.

Pre-Funded Amount means, with respect to any Payment Date, the amount on deposit in the Pre-Funding Account (exclusive of Pre-Funding Earnings), which initially shall be $35,579,813.94.

Examples of Pre-Funded Amount in a sentence

• However, it is unlikely that the Depositor will be able to deliver Group I Subsequent Mortgage Loans and Group II Subsequent Mortgage Loans with an aggregate principal balance identical to the Original Group I Pre-Funded Amount and the Original Group II Pre-Funded Amount, respectively.

• If, after the Trust Expiration Date, any Expense Pre-Funded Amount remains, the Trustee, in its sole discretion, will contribute such amount to Grantor or to a Qualified Charity selected by the Trustee in its sole discretion; provided that the Trustee shall provide a final accounting to Grantor for the Expense Pre-Funded Amount prior to distributing any remainder.

• The sole purpose of the Trust is to (i) hold the Trust Units and, following the Effective Time, the Trust Shares; (ii) exchange or distribute the Trust Shares in connection with an Exchange Offer or Trust Distribution, as the case may be, subject to the terms and conditions set forth herein; (iii) hold the Expense Pre-Funded Amount, Trust Income and Dividend Proceeds; and (iv) protect and conserve the Trust property for the benefit of the Beneficiaries.

• The Trust shall hold no assets other than (x) the Trust Units and, following the Effective Time, the Trust Shares, (y) cash consisting of the Expense Pre-Funded Amount or from Trust Income and (z) Dividend Proceeds.

More Definitions of Pre-Funded Amount

Pre-Funded Amount. The amount deposited in the Pre-Funding Account on the Closing Date, which shall equal $________________.

Pre-Funded Amount. The amount deposited in the Prefunding Account on the Closing Date, which shall equal $70,578,729.77.

Pre-Funded Amount means, with respect to any date, the amount on deposit in the Pre-Funding Account on such date.

Pre-Funded Amount means, with respect to any Distribution Date, the amount on deposit in the Pre-Funding Account.

Pre-Funded Amount means (a) the Initial Pre-Funded Amount, minus (b) the amount of any increases in the Invested Amount during the Funding Period pursuant to Section 4.16 of the Agreement, minus (c) the amount withdrawn from the Pre-Funding Account and deposited in the Excess Funding Account.

Pre-Funded Amount means with respect to any date of determination, the ----------------- amount then on deposit in the Pre-Funding Account, after giving effect to any sale of Subsequent Contracts to the Trust on such date, excluding any investment earnings.

Pre-Funded Amount. With respect to any date and Group, the amount remaining on deposit in the Pre-Funding Account with respect to such Group (exclusive of any related Pre-Funding Account Earnings).