Required Deposit Amount Sample Clauses
Required Deposit Amount. In the event that, pursuant to paragraph (i), above, any Relinquished Vehicle Proceeds are not deposited into the applicable Collection Account (and otherwise would have been required to be deposited pursuant to this Closed-End Servicing Agreement or the applicable Servicing Supplement, as the case may be), the Closed-End Servicer shall deposit into such Collection Account an amount (“Required Deposit Amount”) equal to such non-deposited Relinquished Vehicle Proceeds within two (2) Business Days of receipt and identification of such proceeds in the manner set forth with respect to Closed-End Collections generally in this Closed-End Servicing Agreement and the applicable Servicing Supplement. The deposit of such any such Required Deposit Amount by the Closed-End Servicer with respect to any Relinquished Vehicle shall be treated in all respects as equivalent to the deposit into the Lease Funding Account or applicable Collection Account of the actual Relinquished Vehicle Proceeds with respect to such Relinquished Vehicle in accordance with the terms of this Closed-End Servicing Agreement and any applicable Servicing Supplement, in the same manner as if no assignment had been made with respect to such Relinquished Vehicle pursuant to Section 4.1 of the Master Exchange Agreement.
Required Deposit Amount. The Required Deposit Amount for the next Payment Date shall have been deposited in the Collection Account assuming that the aggregate principal amount of such Loan (together with the outstanding principal balance of the other Loans) will remain outstanding on the next Payment Date. The acceptance by the Borrowers of each extension of credit hereunder shall be deemed to be a representation and warranty by the Borrowers that the conditions specified in Section 4.02 have been satisfied at that time.
Required Deposit Amount. Subletting a commercial property can be a risky endeavor. As a precaution against Commercial Subtenants damaging and/or abandoning the property, a security deposit can be requested or required by the Master Tenant. This amount will be held by the Tenant until the successful completion of the sublease then returned if the Subtenant has not defaulted on damages caused to the sublet area that he or she is responsible for correcting. Produce the dollar amount the Commercial Subletter must submit (as a security deposit) to successfully enter this agreement. XII. Leasehold Improvements (34)