Common use of Class N Reserve Account Initial Deposit Clause in Contracts

Class N Reserve Account Initial Deposit. Cash or Eligible Investments having a value of at least $202,500. Class N Reserve Account Required Amount: $202,500.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Carvana Auto Receivables Trust 2020-P1), Receivables Purchase Agreement (Carvana Auto Receivables Trust 2020-P1)

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Class N Reserve Account Initial Deposit. Cash or Eligible Investments having a value of at least $202,500207,500. Class N Reserve Account Required Amount: $202,500207,500.

Appears in 2 contracts

Samples: Receivables Purchase Agreement (Carvana Auto Receivables Trust 2021-P1), Receivables Purchase Agreement (Carvana Auto Receivables Trust 2021-P1)

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