Account Surplus definition

Account Surplus means, as of any date of determination with respect to any Project Account for which there is an Account Funding Requirement, an amount equal to the excess, if positive, of (i) the Account Balance for such Project Account as of such date, over (ii) the Account Funding Requirement for such Project Account as of such date.
Sample 1
Account Surplus has the meaning given to such term in Section 1.01(c) (Definitions) of the Accounts Agreement.
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Account Surplus has the meaning set forth in Section 2.9.
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Examples of Account Surplus in a sentence

  • Withdrawal for Reserve Account Surplus paid to Transferor pursuant to Section 4.10(d)0.00g.

  • Withdrawal for Reserve Account Surplus paid to Transferor pursuant to Section 4.10(e)0.00h.

  • Reserve Account Surplus, if any (2-(5+3)), paid to the Issuer$— J.INFORMATION REGARDING ACCUMULATION PERIOD1.Controlled Accumulation Period Length (months) 122.

  • Withdrawal for Reserve Account Surplus paid to Transferor pursuant to Section 4.10(d) 0.00 g.

  • Withdrawal for Reserve Account Surplus paid to Transferor pursuant to Section 4.10(e) 0.00 h.

  • Withdrawal pursuant to 4.11 (f) - Spread Account Surplus Amount 0.00 j.

  • Reserve Account Surplus, if any (2-(5+3)), paid to the Issuer$— J.INFORMATION REGARDING ACCUMULATION PERIOD1.Controlled Accumulation Period Length (months) 3 2.

  • Reserve Account Surplus, if any (2-(5+3)), paid to the Issuer$— J.

  • Reserve Account Surplus, if any (2-(5+3)), paid to the Issuer$— J.INFORMATION REGARDING ACCUMULATION PERIOD1.Controlled Accumulation Period Length (months) 22.

  • Reserve Account Surplus, if any (2-(5+3)), paid to the Issuer$— J.INFORMATION REGARDING ACCUMULATION PERIOD1.Controlled Accumulation Period Length (months) 32.


More Definitions of Account Surplus

Account Surplus means the difference between the assets in the Account and what Warrantech believes, in its sole and absolute discretion, is enough to pay the Assumed Liabilities in the reasonably foreseeable future.
Sample 1
Account Surplus means, as of any Monthly Transfer Date, with respect to each Debt Service Reserve Account, the positive difference (if any) between (x) the aggregate amount on deposit in the Debt Service Reserve Account on such Monthly Transfer Date (giving effect to (i) any DSR Credit Support credited to such Debt Service Reserve Account in accordance with Section 3.6(b) and (ii) any withdrawals and transfers requested pursuant to Section 3.6(c) on such Monthly Transfer Date) minus (y) the DSRA Reserve Amount of such Debt Service Reserve Account as of such Monthly Transfer Date.
Sample 1

Related to Account Surplus

  • Debt Service Reserve Account shall have the meaning given to it in the Depository Agreement.

  • Reserve Accounts means the Tax Account, the Insurance Account, the Replacement Reserve Account, the Immediate Repair Account, the Leasing Reserve Account, the Excess Cash Flow Account, the Operating Expense Account, the Ground Rent Account and any other escrow account established by this Agreement or the other Loan Documents (but specifically excluding the Cash Management Account, the Restricted Account and the Debt Service Account).

  • Excess Liquidation Proceeds Reserve Account The trust account or subaccount created and maintained by the Certificate Administrator pursuant to Section 3.05(c) of this Agreement in trust for the Certificateholders, which (subject to any changes in the identities of the Trustee and/or the Certificate Administrator) shall be entitled “Citibank, N.A., as Certificate Administrator, on behalf of Wilmington Trust, National Association, as Trustee, for the benefit of the registered Holders of Benchmark 2019-B12 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2019-B12, Excess Liquidation Proceeds Reserve Account.” Any such account shall be an Eligible Account.