Reserve Account Initial Deposit definition

Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.

Reserve Account Initial Deposit means $3,255,208.34.

Reserve Account Initial Deposit means $[ ].

Examples of Reserve Account Initial Deposit in a sentence

• On the Closing Date, the Depositor shall deposit the Reserve Account Initial Deposit in immediately available funds into the Reserve Account.

• The Initial Payment of the Loans shall equal $1,976,598,798 (equal to $2,234,270,052 (representing the sale price of the Notes less underwriters’ commissions) less $2,670,000 (representing the Collection Account Initial Deposit) less $5,001,254 (representing the Reserve Account Initial Deposit) less $250,000,000 (representing the Cash Capitalization Account Initial Deposit) and the Excess Distribution Certificate.

• On the Closing Date, the Group I Reserve Account Initial Deposit and the Group II Reserve Account Initial Deposit will equal the related Specified Reserve Account Balance for the Group I and Group II Reserve Accounts, respectively.

More Definitions of Reserve Account Initial Deposit

Reserve Account Initial Deposit means the initial deposit to the Reserve Account by the Issuing Entity on the Closing Date of $8,025,729.

Reserve Account Initial Deposit means, with respect to the Closing Date, $7,745,729.

Reserve Account Initial Deposit means $13,612,606.77.

Reserve Account Initial Deposit means $2,604,166.67.

Reserve Account Initial Deposit means, with respect to the Closing Date, $[ ].

Reserve Account Initial Deposit means cash or Eligible Investments having a value of $2,313,651.87, which is equal to 0.25% of the Initial Aggregate Starting Principal Balance as of the Initial Cutoff Date less the Yield Supplement Overcollateralization Amount as of the Initial Cutoff Date.

Reserve Account Initial Deposit means $4,012,277.61.