Requisite Reserve Amount definition

Requisite Reserve Amount. As of any date with respect to any Series (or Class within such Series), the amount, if any, required to be maintained in the Reserve Account, if any, for such Series or Class as specified in or determined pursuant to the related Supplement.

Requisite Reserve Amount. As of the Closing Date, $744,946.40 and as of any Distribution Date or Subsequent Transfer Date thereafter during the Funding Period an amount equal to the difference between

Requisite Reserve Amount. (uu) "Retained Interest"; (vv) "Scheduled Final Distribution Date"; (ww) "Specified Currency"; (xx) "Surety Bond"; (yy) "Term Asset Provider"; (zz) "Term Asset Purchase Agreement"; (aaa) "Term Assets"; (bbb) "Term Assets Issuer"; (ccc) "Term Assets Schedule"; (ddd) "Trust"; (eee) "Trustee"; (fff) "Trust Termination Event";

Examples of Requisite Reserve Amount in a sentence

• Requisite Reserve Amount: Portion of Requisite Reserve Amount calculated with respect to Class A-1 Notes, Class A-2 Notes, Class A-3 Notes.

• On each Distribution Date, any funds on deposit in the Reserve Account (other than funds on deposit in the Class A-1 Holdback Subaccount) in excess of the Requisite Reserve Amount (after giving effect to any withdrawals on the immediately preceding Draw Date as described above) shall be paid to the Depositor.

• Reserve Account Requisite Reserve Amount: Portion of Requisite Reserve Amount calculated with respect to Class A-1 Notes, Class A-2 Notes, Class A-3 Notes.

• On each Distribution Date, any funds on deposit in the Reserve Account (other than funds on deposit in the Class A-1 Holdback Subaccount) in excess of the Requisite Reserve Amount (after giving effect to any withdrawals on the immediately preceding Draw Date as described above) shall be paid to the General Partners.

• Requisite Reserve Amount: Portion of Requisite Reserve Amount calculated with respect to Class A-1 Notes, Class A-2 Notes, Class A-3 Notes and Class A-4 Notes.

More Definitions of Requisite Reserve Amount

Requisite Reserve Amount as of any date will equal the product of:

Requisite Reserve Amount. (kk) "Retained Interest"; (ll) "Scheduled Final Distribution Date"; (mm) "Specified Currency"; (nn) "Surety Bond"; (oo) "Trustee"; (pp) "Voting Rights";

Requisite Reserve Amount. (uu) "Retained Interest"; (vv) "Scheduled Final Distribution Date"; (ww) "Specified Currency"; (xx) "Surety Bond"; (yy) "Underlying Security Provider"; (zz) "Underlying Security Purchase Agreement"; (aaa) "Underlying Securities"; (bbb) "Underlying Securities Issuer"; (ccc) "Underlying Securities Schedule"; (ddd) "Trust"; (eee) "Trustee"; (fff) "Trust Termination Event"; (ggg) "Voting Rights";

Requisite Reserve Amount. Retained Interest" "Sale Procedures" 5 <PAGE> "Sub-Administration Account" "Sub-Administration Agreement" "Sub-Administration Agent" "Surety Bond" "Swap Agreement" "Swap Counterparty" "Swap Distribution Amount" "Swap Guarantee" "Swap Guarantor" "Swap Receipt Amount" "Swap Termination Payment" Section 3.

Requisite Reserve Amount means as of the Initial Closing Date $1,038,063.19 and as of any Payment Date thereafter during the Funding Period an amount equal to the difference between: (a) the product of (i) the weighted average of the Interest Rates and the Pass-Through Rate for each Class of Notes and the Certificates (based on the outstanding principal amount of each Class of Notes and the Certificates) divided by 360, (ii) the Pre-Funded Amount on such date and (iii) the number of days until the October 15, 1997 Payment Date and (b) the product of (i) the Assumed Reinvestment Rate divided by 360, (ii) the Pre-Funded Amount on such date and (iii) the number of days until the October 15, 1997 Payment Date. On the October 15, 1997 Payment Date, the Requisite Reserve Amount will be $0.

Requisite Reserve Amount means, as of any date with respect to any Series (or Class within such Series) of Certificates, the amount, if any, required to be maintained in the Reserve Account, if any, for such Series or Class as specified in or determined pursuant to the related Series Supplement.

Requisite Reserve Amount for each Distribution Date shall mean an amount equal to [ ].]