Reserve Fund Amount definition

Reserve Fund Amount means, with respect to any Payment Date, the amount on deposit in and available for withdrawal from the Reserve Fund on such Payment Date (after giving effect to all deposits to and withdrawals from the Reserve Fund on the preceding Payment Date (or, in the case of the first Payment Date, the Closing Date), including all interest and other investment earnings (net of losses and investment expenses) earned on such amount on deposit therein during the related Collection Period.

Reserve Fund Amount means, on each Guarantor Payment Date, an amount, as calculated by the Calculation Agent on or prior to each Calculation Date, equal to:

Reserve Fund Amount means, on each Guarantor Payment Date, an amount equal to the sum of:

Examples of Reserve Fund Amount in a sentence

• The Trustee, at the direction of the Servicer, shall make withdrawals from the Swap Reserve Fund from time to time in an amount up to the Available Swap Reserve Fund Amount in the amounts and at the times set forth in this Section 4.16.

• On the Closing Date, the Depositor will cause, on behalf of the Trust, the Basis Risk Shortfall Reserve Fund Amount to be deposited into the Basis Risk Shortfall Reserve Fund.

• In the event that for any Transfer Date the Swap Reserve Draw Amount is greater than zero, the Swap Reserve Draw Amount, up to the Available Swap Reserve Fund Amount, shall be withdrawn from the Swap Reserve Fund on such Transfer Date by the Trustee (acting in accordance with the instructions of the Servicer), and deposited into the Finance Charge Account and treated as Class A Available Funds for such Transfer Date to be applied pursuant to subsection 4.09(a).

• On the Closing Date, the Trustee shall deposit an amount equal to the Required Swap Reserve Fund Amount received by it from the Seller in immediately available funds into the Swap Reserve Fund.

• On the Closing Date, the Depositor will cause, on behalf of the Trust, the Carryover Shortfall Reserve Fund Amount to be deposited into the Carryover Shortfall Reserve Fund.

More Definitions of Reserve Fund Amount

Reserve Fund Amount means, on each Guarantor Payment Date, an amount calculated by the Guarantor Calculation Agent as being equal to the sum of:

Reserve Fund Amount has the meaning specified in the Sale and Servicing Agreement.

Reserve Fund Amount means, on each Guarantor Payment Date, an aggregate amount, as calculated by the Calculation Agent on or prior to each Calculation Date in relation to all the outstanding Series of Covered Bonds, equal to:

Reserve Fund Amount. As defined in Section 5.4.1.

Reserve Fund Amount means, initially as of the Closing Date, $[_____] (representing the Reserve Fund Initial Deposit) and thereafter, at any date of determination, means an amount equal to the lesser of (a) the Reserve Fund Initial Deposit, and (b) the Aggregate Principal Amount of the Notes as of such date of determination.

Reserve Fund Amount means, initially as of the Closing Date, $[ ] (representing the Reserve Fund Initial Deposit) and thereafter, at any date of determination, means an amount equal to the lesser of (a) the Reserve Fund Initial Deposit, and (b) the Aggregate Principal Amount of the Notes as of such date of determination.

Reserve Fund Amount. ’ means US$50,000 or such other amount as shall be reasonably determined by ROSBANK and the Receivables Obligors from time to time.