Additional Deposit Amount definition

Additional Deposit Amount shall have the meaning set forth in Recital B of this Agreement.
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Additional Deposit Amount means the First Additional Deposit Amount or the Second Additional Deposit Amount.
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Additional Deposit Amount means with respect to any Notes, as applicable, the First Additional Deposit Amount or the Second Additional Deposit Amount with respect to such Notes.
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Examples of Additional Deposit Amount in a sentence

  • The Initial Deposit Amount and all amounts held in escrow at any time (including the Additional Deposit Amount together with interest earned thereon while held by the Escrow Agent) shall be referred to in this Agreement as the “Escrow Fund”).

  • The Lender shall hold and disburse the Additional Deposit Amount in accordance with Program Obligations and this Agreement, in the form of  cash, and/or  one or more unconditional irrevocable letter(s) of credit issued to Lender by a banking institution, attached hereto as Exhibit C.

  • The Repair Work Escrow, Additional Deposit Amount and Cash Out Proceeds may, at HUD’s sole direction, be subject to immediate application to the Indebtedness if an Event of Default by Borrower occurs at any time.

  • In addition, $______________, consisting of not less than twenty percent (20%) [ ] {insert different percentage if permitted by Program Obligations} of the estimated cost of the Deferred Repairs, has been deposited by Borrower with Lender in the form of ________________ (cash and/or letter of credit), or subject to the control and order of Lender with a depository institution satisfactory to Lender in accordance with Program Obligations, and is hereby included in the Escrow (Additional Deposit Amount).

  • In the event that the Deferred Repairs Estimate Amount is not sufficient for completion of the work, subsequent disbursements shall be made from the Additional Deposit Amount until the work is completed..

  • In addition, $______________, consisting of not less than twenty percent (20%) [ ] {insert different percentage if permitted by Program Obligations} of the estimated cost of the Deferred Work, has been deposited by Borrower with Lender in the form of ________________ (cash and/or letter of credit), or subject to the control and order of Lender with a depository institution satisfactory to Lender in accordance with Program Obligations, and is hereby included in the Escrow (Additional Deposit Amount).

  • In the event that the Deferred Limited Rehabilitation Estimate Xxxxxx is not sufficient for completion of the work, subsequent disbursements will be made from the Additional Deposit Amount until the work is completed.

  • If Buyer has already increased its deposit by the Additional Deposit Amount such that the Title Company is holding the Increased Deposit, then if the Closing does not occur on or before the Closing Date without fault by the Seller, then the Title Company as escrow holder shall within two (2) business days after the scheduled Closing Date, return pay the Buyer's Increased Deposit over to the Seller as liquidated damages.


More Definitions of Additional Deposit Amount

Additional Deposit Amount shall have the meaning set forth in Section 2.2(a).
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Additional Deposit Amount means USD 50,000,000.
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Related to Additional Deposit Amount

  • Initial Deposit Amount means the Issuing Entity’s deposit to the Reserve Account, on or before the Closing Date, of $[•].

  • Additional Deposit shall have the meaning set forth in Section 2.2.2.

  • Deposit Amount is the amount GLAIC credits to the Accumulation Fund on the Deposit Date as set forth in the Accumulation Fund Schedule.

  • Transfer Deposit Amount has the meaning given to it in Section 2.02(b).

  • Controlled Deposit Amount means, with respect to any Transfer Date, the sum of (a) the Controlled Accumulation Amount for such Transfer Date and (b) any existing Accumulation Shortfall.

  • Reserve Account Deposit Amount means, with respect to any Distribution Date, the lesser of (x) the excess of (i) the Specified Reserve Balance over (ii) the amount on deposit in the Reserve Account on such Distribution Date, after taking into account the amount of any Reserve Account Withdrawal Amount on such Distribution Date and (y) the amount remaining in the Collection Account after taking into account the distributions therefrom described in clauses (i) through (xviii) of Section 5.7(a).

  • Initial Reserve Account Deposit Amount means an amount equal to $1,030,941.16.

  • Initial Deposit shall have the meaning set forth in Section 2.5(a).

  • Reserve Fund Initial Deposit means the initial deposit of cash in the amount of $3,846,153.85 made by or on behalf of the Seller into the Reserve Fund on the Closing Date.

  • Spread Account Initial Deposit means an amount equal to 3% of the aggregate principal balance of the Receivables on the Closing Date (which is equal to $26,373,696.22).

  • special deposit means a deposit held other than at call on behalf of the Crown, or any local authority within the meaning of the Local Government Act 1974;

  • Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.

  • Special deposit claim means a claim secured by a deposit made pursuant to statute for the security or benefit of a limited class or classes of persons, but not including a claim secured by general assets.

  • Earnest Money Deposit (EMD) means the refundable amount to be submitted by the Bidder along with RFP documents to NMRC

  • Reserve Account Required Amount means, with respect to any Payment Date, the lesser of (i) the excess of (A) the Specified Reserve Balance, over (B) the amount on deposit in the Reserve Account on such Payment Date, after taking into account the amount of any Reserve Account Withdrawal Amount on such Payment Date, and (ii) the amount remaining in the Indenture Collections Account after taking into account the distributions therefrom described in clauses (i) through (xiv) of Section 8.3(a) of the Indenture.

  • Required Daily Deposit Target Finance Charge Amount means, for any day in a Due Period, an amount equal to the Class A Tranche Interest Allocation for the related Distribution Date; provided, however, that for purposes of determining the Required Daily Deposit Target Finance Charge Amount on any day on which the Class A Tranche Interest Allocation cannot be determined because the LIBOR Determination Date for the applicable Interest Accrual Period has not yet occurred, the Required Daily Deposit Target Finance Charge Amount shall be the Class A Tranche Interest Allocation determined based on a pro forma calculation made on the assumption that LIBOR will be LIBOR for the applicable period determined on the first day of such calendar month, multiplied by 1.25.

  • Reserve Account Deposit Cash or Eligible Investments having a value of at least $2,635,875.59.

  • Imposition Deposits are defined in Section 7(a).

  • Capitalized Interest Account Initial Deposit means $1,733,333.78 deposited on the Closing Date.

  • Required Daily Deposit Target Principal Amount means, for any day in a Due Period, (i) if such Due Period is in [the Accumulation Period for the Class C( - ) Notes, the Accumulation Amount], (ii) if such day is on or after the occurrence and during the continuance of a Class C( - ) Adverse Event, the Nominal Liquidation Amount of the Class C( - ) Notes, and (iii) in all other circumstances, zero.

  • Reserve Account Amount means, for any Distribution Date, the amount on deposit in and available for withdrawal from the Reserve Account on such Distribution Date (after giving effect to all deposits to and withdrawals from the Reserve Account on the preceding Distribution Date, or, in the case of the initial Distribution Date, the Closing Date), including all interest and other income (net of losses and investment expenses) earned on such amount during the preceding Collection Period.

  • Term deposit means a deposit received by the bank for a fixed period withdrawable only after the expiry of the fixed period and includes deposits such as Recurring / Double Benefit Deposits / Short Deposits / Fixed Deposits /Monthly Income Certificate / Quarterly Income Certificate etc.

  • Initial Reserve Account Deposit means $3,250,000.

  • Targeted Accumulation Reserve Subaccount Deposit means, with respect to any Distribution Date during the Accumulation Reserve Funding Period, an amount equal to (i) [0.5]% of the Outstanding Dollar Principal Amount of the Class C( - ) Notes as of the close of business on the last day of the related Due Period or (ii) any other amount designated by the Calculation Agent on behalf of the Issuer.]

  • Required Spread Account Amount means, for the March 2012 Payment Date and the April 2012 Payment Date, zero, and for any Payment Date thereafter, the product of (i) the Spread Account Percentage in effect on such date and (ii) during (x) the Revolving Period, the Collateral Amount, and (y) during the Controlled Accumulation Period or the Early Amortization Period, the Collateral Amount as of the last day of the Revolving Period; provided that, prior to the occurrence of an Event of Default and acceleration of the Series 2012-1 Notes, the Required Spread Account Amount will never exceed the Class C Note Principal Balance (after taking into account any payments to be made on such Payment Date).

  • Deficit Controlled Accumulation Amount means (a) on the first Distribution Date with respect to the Controlled Accumulation Period, the excess, if any, of the Controlled Accumulation Amount for such Distribution Date over the amount deposited in the Principal Funding Account on such Distribution Date and (b) on each subsequent Distribution Date with respect to the Controlled Accumulation Period, the excess, if any, of the Controlled Deposit Amount for such subsequent Distribution Date over the amount deposited in the Principal Funding Account on such subsequent Distribution Date.