Examples of Reserve Fund Initial Deposit in a sentence

On or prior to the Closing Date, the Seller shall deposit an amount equal to the Reserve Fund Initial Deposit into the Reserve Fund.
On the Closing Date, the Owner Trustee, on behalf of the Issuer, shall deposit the Reserve Fund Initial Deposit into the Reserve Fund from the net proceeds of the sale of Securities.
On the Closing Date, the Owner Trustee, on behalf of the Trust Depositor, shall deposit the Reserve Fund Initial Deposit into the Reserve Fund from the net proceeds of the Securities.
The Seller hereby acknowledges that the Reserve Fund Initial Deposit (and any investment earnings thereon) are owned directly by it, and the Seller hereby agrees to treat the same as its assets (and earnings) for federal income tax and all other purposes.
On the Closing Date, the Issuer shall deposit the Reserve Fund Initial Deposit into the Reserve Fund from the net proceeds of the Notes.

More Definitions of Reserve Fund Initial Deposit

Reserve Fund Initial Deposit means $3,510,087.04.

Reserve Fund Initial Deposit means $1,381,466.18.

Reserve Fund Initial Deposit means $2,739,726.03.

Reserve Fund Initial Deposit shall have the meaning specified in the Agreement.

Reserve Fund Initial Deposit means $9,249,183.90.

Reserve Fund Initial Deposit means $______________.

Reserve Fund Initial Deposit means the product of (a) the sum of the Outstanding Principal Balance of the Offered Notes as of the Closing Date, (b) the weighted average of Note Interest Rates applicable to each Class of Offered Notes for the initial Interest Accrual Period (weighted by the initial Outstanding Principal Balance of each of the Offered Notes) and (c) 0.25.