Transfer Deposit definition

Transfer Deposit means, in respect of a day, the funds deposited or required to be deposited into the Collection Account on the day (a) by the Seller pursuant to Section 2.5(4) in respect of the purchase by the Seller of a Series subject to purchase pursuant to Section 2.5(3), and (b) by a Person specified in a Series Purchase Agreement as being a Person who is entitled or required to make a Transfer Deposit on the day, and shall mean (i) in respect of any period of days, all such amounts received by the Servicer during such period, and (ii) in respect of any Business Day, all such amounts received by the Servicer before the close of business on such day and after the close of business on the immediately preceding Business Day.
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Transfer Deposit means, in respect of a day, the funds deposited or required to be deposited into the Collection Account on the day (i) by the Seller in respect of the purchase by the Seller of a Series subject to purchase pursuant to an incorrect representation and warranty; and (ii) by a Person specified in a Series Purchase Agreement as being a Person who is entitled or required to make a Transfer Deposit on the day, and shall mean (x) in respect of any period of days, all such amounts received by the Servicer during such period; and (y) in respect of any Business Day, all such amounts received by the Servicer before the close of business on such day and after the close of business on the immediately preceding Business Day.
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Transfer Deposit. ’ means, in respect of a day, the funds deposited or required to be deposited into the Collection Account on the day (i) by the Seller in respect of the purchase by the Seller of a Series subject to purchase pursuant to an incorrect representation and warranty; and (ii) by a Person specified in a Series Purchase Agreement as being a Person who is entitled or required to make a Transfer Deposit on the day, and shall mean
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Examples of Transfer Deposit in a sentence

  • Any amount deposited into the Collection Account in connection with the reassignment of an Ineligible Receivable shall be considered a Transfer Deposit Amount and shall be applied in accordance with Article IV and the terms of each Supplement.

  • Any amount deposited into the Excess Funding Account and the Collection Account, respectively, in connection with the reassignment of an Ineligible Receivable shall be considered a Transfer Deposit Amount and shall be applied in accordance with Article IV and the terms of each Supplement.

  • T Telegraphic Transfer Deposit Payment (xx%) Paid before production starts Balance Payment (%) Paid after confirmed and approved samples Bank Account Details Beneficiary Beneficiary Address Account Number Swift Code Bank Name Bank Address Subcontracting Production Subcontracting any element of the sample production to any other Supplier is not permissible.

  • Within 30 days of County request, Contractor will further pay County the County’s additional Transfer Costs greater than the Transfer Deposit, whether County consents to the Transfer.

  • FRANCHISEE shall pay COUNTY a Transfer Deposit before the Director's consideration of FRANCHISEE'S request.

  • County will return to Franchisee any amount of Transfer Deposit greater than the Transfer Costs that County incurred.

  • The School accepts Cheque, Electronic Bank Transfer, Deposit to the School Bank Account and Credit Card Payments.

  • Within thirty (30) days of County request, Franchisee will further pay County the County’s additional Transfer Costs greater than the Transfer Deposit, whether County consents to the Transfer.

  • Funds Availability Policy Funds deposited to your account are generally available for immediate withdrawal: Cash Deposit with Teller same business day Cash Deposit with ATM same business day Check Deposit with Teller same business day Check Deposit with ATM next business day Direct Deposit same business day Wire Transfer Deposit same business day * Authorized debits are items that SECU is obligated to pay because SECU provided authorization at the time you initiated the transaction.

  • Franchisee will pay County a Transfer Deposit before County is obligated to consider Franchisee’s request.


More Definitions of Transfer Deposit

Transfer Deposit means County Reimbursement Costs for considering and reviewing Franchisee request for transfer, investigating the suitability of the transferee, or determining whether or not to give consent to the transfer, including fees of consultants and attorneys necessary to analyze the application and to prepare the documents to effectuate the Transfer as well as County staff costs.
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Transfer Deposit means lesser of the following refundable amounts:
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Transfer Deposit. Amount which amount shall be deposited by the Seller in the Collection Account at the time of substitution. All amounts received in respect of the Eligible Substitute Mortgage Loan or Loans during the Collection Period in which the circumstances giving rise to such substitution occur shall not be a part of the Trust Fund and shall not be deposited by the Master Servicer in the Collection Account. All amounts received by the Master Servicer during the Collection Period in which the circumstances giving rise to such substitution occur in respect of any Defective Mortgage Loan so removed by the Trust Fund shall be deposited by the Master Servicer in the Collection Account. Upon such substitution, the Eligible Substitute Mortgage Loan or Loans shall be subject to the terms of this Agreement in all respects, and pursuant to the Purchase Agreement, the Seller shall be deemed to have made with respect to such Eligible Substitute Mortgage Loan or Loans, as of the date of substitution, the covenants, representations and warranties set forth in Section 2.04. The procedures applied by the Seller in selecting each Eligible Substitute Mortgage Loan shall not be materially adverse to the interests of the Trustee, the Certificateholders and the Credit Enhancer.
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Related to Transfer Deposit

  • Transfer Deposit Amount has the meaning given to it in Section 2.02(b).

  • transfer day means Monday – Friday, to 7:00 p.m., Central Time. Holidays are not included.

  • Adjustment Escrow Account has the meaning set forth in Section 2.4(a)(i).

  • Cash Deposit means a cash security deposit in U.S. dollars held by AT&T-21STATE.

  • Transfer Date means, in relation to a transfer, the later of:

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Savings deposit means a form of demand deposit which is subject to restrictions as to the number of withdrawals as also the amounts of withdrawals permitted by the bank during any specified period.

  • Initial Deposit Amount means the Issuing Entity’s deposit to the Reserve Account, on or before the Closing Date, of $[•].

  • Indemnity Escrow Account has the meaning set forth in Section 2.3(c).

  • Earnest Money Deposit (EMD) means the refundable amount to be submitted by the Bidder along with RFP documents to NMRC

  • Full Deposit will consist of data that reflects the state of the registry as of 00:00:00 UTC (Coordinated Universal Time) on the day that such Full Deposit is submitted to Escrow Agent.

  • Initial Deposit shall have the meaning set forth in Section 2.5(a).

  • Monthly Principal Reallocation Amount means, for any Monthly Period, an amount equal to the sum of:

  • Special Payments Account Means, with respect to the Class A Certificates, the account or accounts created and maintained for such series pursuant to Section 4.01(b) of the Basic Agreement (as modified by Section 7.01(c) of this Trust Supplement) and this Trust Supplement.

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

  • Qualifying Deposit means the aggregate balance of all Deposit Accounts in the Bank of (i) an Eligible Account Holder at the close of business on the Eligibility Record Date, provided such aggregate balance is not less than $50, and (ii) a Supplemental Eligible Account Holder at the close of business on the Supplemental Eligibility Record Date, provided such aggregate balance is not less than $50.

  • Initial Reserve Account Deposit Amount means an amount equal to $12,240,151.27.

  • Reassignment Amount means, with respect to any Distribution Date, after giving effect to any deposits and distributions otherwise to be made on such Distribution Date, the sum of (i) the Adjusted Invested Amount on such Distribution Date, plus (ii) Monthly Interest for such Distribution Date and any Monthly Interest previously due but not distributed to the Series 1997-1 Certificateholders on a prior Distribution Date, plus (iii) the amount of Additional Interest, if any, for such Distribution Date and any Additional Interest previously due but not distributed to the Series 1997-1 Certificateholders on a prior Distribution Date.

  • Bid Deposit means a financial guarantee to ensure the successful bidder will enter into an agreement.

  • Unallocated Principal Collections shall have the meaning specified in subsection 4.05(d).

  • Reserve Account Deposit Amount means, with respect to any Distribution Date, the lesser of (x) the excess of (i) the Specified Reserve Balance over (ii) the amount on deposit in the Reserve Account on such Distribution Date, after taking into account the amount of any Reserve Account Withdrawal Amount on such Distribution Date and (y) the amount remaining in the Collection Account after taking into account the distributions therefrom described in clauses (i) through (xviii) of Section 5.7(a).

  • Escrow Deposit has the meaning set forth in Section 3.3.

  • Servicing Transfer Date The date on which a Servicing Transfer occurs.

  • Reallocated Principal Collections means, with respect to any --------------------------------- Monthly Period, the product of (a) the Principal Allocation Percentage with respect to such Monthly Period, (b) the aggregate amount of Collections in respect of Principal Receivables deposited in the Collection Account for such Monthly Period and (c) the sum of the Class B Floating Percentage and the Collateral Floating Percentage with respect to such Monthly Period.

  • Servicer Account means any account established by Servicer in connection with the servicing of the Mortgage Loans.