Loan Reserve Requirement. The Loan reserve requirement equals one-half of the average annual debt service based on the final repayment schedule. Until the Final Loan Amount is calculated, the Loan reserve requirement is $415,141. The Borrower shall deposit the Loan reserve requirement amount into the Loan Reserve Account no later than the date the first payment is due hereunder.
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Samples: Clean Water State Revolving Fund Loan Agreement, Clean Water State Revolving Fund Loan Agreement
Loan Reserve Requirement. The Loan reserve requirement equals 100% times one-half of the average annual debt service based on the final repayment schedule. Until the Final Loan Amount is calculated, the Loan reserve requirement is $415,141378,131. The Borrower shall deposit the Loan reserve requirement amount into the Loan Reserve Account no later than the date the first payment is due hereunder.
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Loan Reserve Requirement. The Loan reserve requirement equals one-half of the average annual debt service based on the final repayment schedule. Until the Final Loan Amount is calculated, the Loan reserve requirement is $415,141242,083. The Borrower shall deposit the Loan reserve requirement amount into the Loan Reserve Account no later than the date the first payment is due hereunder.
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Loan Reserve Requirement. The Loan reserve requirement equals 100% times one-half of the average annual debt service based on the final repayment schedule. Until the Final Loan Amount is calculated, the Loan reserve requirement is $415,141132,203. The Borrower shall deposit the Loan reserve requirement amount into the Loan Reserve Account no later than the date the first payment is due hereunder.
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Samples: Loan Agreement
Loan Reserve Requirement. The Loan reserve requirement equals one-half 105% of the average semi- annual debt service based on the final repayment schedulePayment Schedule. Until the Final Loan Amount is calculated, the Loan reserve requirement is $415,14174,797. The Borrower shall deposit the Loan reserve requirement amount into the Loan Reserve Account no later than the date the first payment is due hereunder.
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Loan Reserve Requirement. The Loan reserve requirement equals one-half of the average annual debt service based on the final repayment schedule. Until the Final Loan Amount is calculated, the Loan reserve requirement is $415,141786,433. The Borrower shall deposit the Loan reserve requirement amount into the Loan Reserve Account no later than the date the first payment is due hereunder.
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Loan Reserve Requirement. The Loan reserve requirement equals one-half of the average annual debt service based on the final repayment schedule. Until the Final Loan Amount is calculated, the Loan reserve requirement is $415,14156,141. The Borrower shall deposit the Loan reserve requirement amount into the Loan Reserve Account no later than the date the first payment is due hereunderdue.
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