Deposited Amounts During Pre-Liquidation Reserve, Liquidation and Amortization Periods Sample Clauses

Deposited Amounts During Pre-Liquidation Reserve, Liquidation and Amortization Periods. (1) In respect of each Determination Period during the Pre-Liquidation Reserve Period, the Servicer shall deposit into the Series 2022-1 Liquidation Yield Reserve Account for the Series 2022-1 Ownership Interest, in accordance with and subject to the provisions of the Distribution Notice and the terms hereof, the applicable Required Yield Reserve Deposit Amount. Subject to withdrawals in accordance with Sections 7.8(5) and 7.8(6), amounts deposited into the Series 2022-1 Liquidation Yield Reserve Account for the Series 2022-1 Ownership Interest during the Pre-Liquidation Reserve Period shall be invested by the Custodian, upon the direction of the Servicer, in accordance with Section 7.5.
Sample 1See All (5)
AutoNDA by SimpleDocs

Related to Deposited Amounts During Pre-Liquidation Reserve, Liquidation and Amortization Periods

  • Deposit Pay ment of The Fixed Reserve Price 5.1. E-Bidders must make deposit payment as required under the Conditions of Sale attached to Proclamation of Sale, i.e. 10% of the reserve price.

  • Refinancing Preparation Advance; Capitalizing Front-end Fee and Interest (a) If the Loan Agreement provides for the repayment out of the proceeds of the Loan of an advance made by the Bank or the Association (“Preparation Advance”), the Bank shall, on behalf of such Loan Party, withdraw from the Loan Account on or after the Effective Date the amount required to repay the withdrawn and outstanding balance of the advance as at the date of such withdrawal from the Loan Account and to pay all accrued and unpaid charges, if any, on the advance as at such date. The Bank shall pay the amount so withdrawn to itself or the Association, as the case may be, and shall cancel the remaining unwithdrawn amount of the advance.”

  • Available Funds-Contingency-Termination a. The State is prohibited by law from making commitments beyond the term of the current State Fiscal Year. Payment to Local Agency beyond the current State Fiscal Year is contingent on the appropriation and continuing availability of Agreement Funds in any subsequent year (as provided in the Colorado Special Provisions). If federal funds or funds from any other non-State funds constitute all or some of the Agreement Funds, the State’s obligation to pay Local Agency shall be contingent upon such non-State funding continuing to be made available for payment. Payments to be made pursuant to this Agreement shall be made only from Agreement Funds, and the State’s liability for such payments shall be limited to the amount remaining of such Agreement Funds. If State, federal or other funds are not appropriated, or otherwise become unavailable to fund this Agreement, the State may, upon written notice, terminate this Agreement, in whole or in part, without incurring further liability. The State shall, however, remain obligated to pay for Services and Goods that are delivered and accepted prior to the effective date of notice of termination, and this termination shall otherwise be treated as if this Agreement were terminated in the public interest as described in §2.C.

Time is Money Join Law Insider Premium to draft better contracts faster.