Additional Deposit Amount definition

Additional Deposit Amount means the First Additional Deposit Amount or the Second Additional Deposit Amount.
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Additional Deposit Amount shall have the meaning set forth in Recital B of this Agreement.
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Additional Deposit Amount shall have the meaning set forth in Section 2.2(a).
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Examples of Additional Deposit Amount in a sentence

  • Use form HUD-92476.1M when establishing an escrow for deferred repairs, and require a 110% deposit (i.e., the required Additional Deposit Amount is to be 10% of the estimated cost of the Repair Work).

  • 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.

  • 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.

  • Selected Buyer shall deliver the Additional Deposit Amount in accordance with the terms of the PSA.

  • 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”).

  • For the avoidance of doubt, notwithstanding the deduction of the fees set out in Clause 3.1 and 3.2 hereof, Interest shall accrue on the full Deposit Amount (as may be adjusted from time to time pursuant to any withdrawals or further deposits, including the addition of the Additional Deposit Amount).

  • The Client shall deduct all fees from the amount payable to the Bank in respect of the Initial Deposit Amount and the Additional Deposit Amount, as set out in the First Fee Letter and Second Fee Letter respectively.

  • For the avoidance of doubt, notwithstanding the deduction of the fees set out in Clause 3.1 and 3.2 hereof, the amount repayable pursuant to this Clause 8.2 shall comprise the full Deposit Amount together with any Interest accrued thereon (as may be adjusted from time to time pursuant to any withdrawals or further deposits, including the addition of the Additional Deposit Amount).

  • Subject to Clause 2.2 below, the Client agrees to deposit into the Deposit Account: (i) on the Deposit Start Date, the Initial Deposit Amount; and (ii) on the New Notes Issue Date, the Additional Deposit Amount.

  • The Bank shall credit the Initial Deposit Amount and the Additional Deposit Amount to the Deposit Account on the day of receipt with value of such date.


More Definitions of Additional Deposit Amount

Additional Deposit Amount means USD 50,000,000.
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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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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, for any Distribution Date with respect to the Controlled Accumulation Period, an amount equal to the sum of the Controlled Accumulation Amount for such Distribution Date and any Deficit Controlled Accumulation Amount for the immediately preceding Distribution Date.

  • 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 $12,240,151.27.

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

  • 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, an amount equal to 0.25% of the Adjusted Pool Balance as of the Cutoff Date; provided, however, that in no event shall the Reserve Account Required Amount on any Payment Date be more than the aggregate Outstanding Amount of the Notes on such Payment Date (after giving effect to the allocation of principal payments on such Payment Date).

  • 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 $2,802,496.17.

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

  • 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 A( - ) Notes, the Accumulation Amount], (ii) if such day is on or after the occurrence and during the continuance of a Class A( - ) Adverse Event, the Nominal Liquidation Amount of the Class A( - ) 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 $3,000,000.

  • 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 A( - ) 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.

  • Agent Payment Account means account no. 5000000030266 of Agent at Wachovia Bank, National Association, or such other account of Agent as Agent may from time to time designate to Administrative Borrower as the Agent Payment Account for purposes of this Agreement and the other Financing Agreements.

  • Collateral Deposit Account shall have the meaning set forth in Section 7.1(a).