Allocated Deposit definition

Allocated Deposit shall have the meaning set out in Clause 4.3.
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Allocated Deposit. As defined in Section 9.2.
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Allocated Deposit means, for each Property, the amount equal to the Deposit multiplied by the fraction of (x) the Property Value for such Property over (y) the Aggregate Property Value.
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Examples of Allocated Deposit in a sentence

  • The Purchase Price, less the Allocated Deposit Amount, shall be paid to Seller at Closing, subject to any credits, apportionments or other adjustments as provided for under the PSA, simultaneously with delivery of the grant deed or equivalent deeds to be delivered to Buyer as provided herein, by one or more wire transfers of immediately available United States Dollars to the Escrow Agent.

  • The Allocated Deposit for each Property shall be held by Lessor as security for the performance by the applicable Facility Lessee of all obligations under this Lease to be performed by such Facility Lessee with respect to the applicable Property, and Lessee shall not be entitled to interest thereon unless required by applicable law.

  • In the event that Primary Purchaser elects for the Malibu Property to become an Excluded Property pursuant to Section 12.2 of the Purchase Agreement (or otherwise pursuant to the Purchase Agreement) between the Initial Closing Date and the Malibu Closing Date (such period, the “Interim Period”), the Malibu Closing shall not occur and Primary Purchaser shall only be entitled to a refund of the Allocated Deposit for the Malibu Property in an amount equal to $965,880 and no other amount whatsoever.

  • In the event that Lessor uses or applies all or any portion of the Allocated Deposit for a given Property pursuant to this Section 9.3, Lessee shall deposit with Lessor an amount sufficient to replenish the Allocated Deposit to its original amount within thirty (30) days following receipt of written demand from Lessor.

  • In the event the Malibu Closing fails to occur due to a breach by Purchaser, the sole remedy of Seller shall be to receive the Allocated Deposit for the Malibu Property.

  • In such event, but subject to the terms of Section 2.3.3 hereof, Escrow Agent shall release the Deposit to Purchaser (less the Allocated Deposit Amount applicable to the Property for which a Closing has already occurred, if any) and this Contract shall be null and void, except for the Survival Provisions.

  • In the event any transaction contemplated by this Agreement shall close, the Allocated Deposit (plus interest accrued thereon) with respect the applicable Property shall be applied as payment of a portion of the Allocated Transaction Value being paid at the Closing in accordance with Section 1.2 hereof.

  • The results for shear stress and cutting forces are compared with the experimental values and good agreement is observed.

  • In view of this, the Trustee has the right, in its sole discretion, to limit redemptions under certain circumstances – Please refer to section “Right to Limit Purchase & Redemptions”.⏺ Special Facilities: The Fund reserves the right to amend or terminate or introduce special facilities in the Scheme Information Document.

  • If Escrow Agent receives a written notice signed by each of Landmark and PRLP that this Agreement has been terminated or canceled as to any Property, Escrow Agent shall deliver the Allocated Deposit for such Property which is then held by Escrow Agent, together with the interest thereon, as directed therein.


More Definitions of Allocated Deposit

Allocated Deposit shall have the meaning set forth in Section 1.2(a).
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Allocated Deposit means, for each Property, an amount equal to two percent (2%) of the Initial Estimated Purchase Price.
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Allocated Deposit for each individual Property shall be the amount equal to the Deposit multiplied by the fraction of (x) the Allocated Purchase Price of such individual Property over (y) the Purchase Price.
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Allocated Deposit means, with respect to each Property, the Allocated Deposit set forth on the Allocated Value and Deposit Schedule.
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Allocated Deposit means the Deposit as allocated among the Real Property in proportion to the Allocated Purchase Price of the Real Property to the Purchase Price.
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Related to Allocated Deposit

  • Allocated Amount has the meaning set forth in Section 2.6 hereof.

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

  • Bid Deposit means a financial guarantee to ensure the successful bidder will enter into an agreement.

  • Reallocated Principal Collections means, with respect to any --------------------------------- Monthly Period, the product of (a) the Principal Allocation Percentage with respect to such Monthly Period, (b) the aggregate amount of Collections in respect of Principal Receivables deposited in the Collection Account for such Monthly Period and (c) the sum of the Class B Floating Percentage and the Collateral Floating Percentage with respect to such Monthly Period.

  • Required Reserve Fund Deposit With respect to any Distribution Date on which the Net Excess Spread is less than 0.25%, the amount, if any by which (a) the product of 1.00% and the Aggregate Pool Balance for such date exceeds (b) the amount on deposit in the Basis Risk Reserve Fund immediately prior to such date. With respect to any Distribution Date on which the Net Excess Spread is equal to or greater than 0.25%, the amount, if any, by which (i) $1,000 exceeds the amount on deposit in the Basis Risk Reserve Fund immediately prior to such date; provided, however, that on any Distribution Date on which the Class Principal Amount of each Class of Offered Certificates, the Class B1 Certificates and the Class B2 Certificates has been reduced to zero, the Required Reserve Fund Deposit shall be zero.

  • 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).

  • Allocated Loan Amount means, for an Individual Property, the amount set forth on Schedule II attached hereto.

  • 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.

  • 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.

  • Reallocated Class B Principal Collections shall have the meaning ----------------------------------------- specified in subsection 4.14(b) of the Agreement.

  • Unallocated Principal Collections shall have the meaning specified in subsection 4.05(d).

  • Cash Reserve Account means an Eligible Deposit Account established in the name of the Trust and designated as the Cash Reserve Account for the purposes hereof, the balance of which shall be subject to the control of the Trust for the benefit of the Trust and the Seller and applied in accordance with the terms hereof, which account shall bear interest and shall initially be account number [*], maintained at [*];

  • Reserve Account Deposit Cash or Eligible Investments having a value of at least $2,802,496.17.

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Fund Deposit means the deposit of funds transferred by the Client or the Client's Authorized person and credited to the Company Account for transfer to the Client's Account.

  • Required Reserve Account Amount means, with respect to any Distribution Date on or after the Reserve Account Funding Date, an amount equal to (1) 0.50% of the Class A Invested Amount as of the preceding Distribution Date (after giving effect to all changes therein on such date) or (2) any other percentage (which may be 0%) of the Class A Invested Amount designated by the Transferors, provided that if such percentage is less than the percentage specified in clause (1) above, the Transferors shall have received the prior written consent of the Collateral Interest Holder and written notice from each Rating Agency that the Rating Agency Condition shall have been satisfied with respect to such designation and shall have delivered copies of each such written notice to the Servicer and the Trustee.

  • Reallocated Collateral Principal Collections means, with respect to any Transfer Date, Collections of Principal Receivables applied in accordance with subsections 4.12(a) and (b) in an amount not to exceed the product of (a) the Collateral Allocation with respect to the Monthly Period relating to such Transfer Date and (b) the Investor Percentage with respect to the Monthly Period relating to such Transfer Date and (c) the amount of Collections of Principal Receivables with respect to the Monthly Period relating to such Transfer Date; provided, however, that such amount shall not exceed the Collateral Interest after giving effect to any Collateral Charge-Offs for such Transfer Date.

  • Reserve Account Withdrawal Amount means, with respect to any Distribution Date, the lesser of (x) any shortfall in the amount of Available Funds available to pay the amounts specified in clauses (i) through (xvii) of Section 5.7(a) (taking into account application of Available Funds to the priority of payments specified in Section 5.7(a) and ignoring any provision hereof which otherwise limits the amounts described in such clauses to the amount of funds available) and (y) the amount on deposit in the Reserve Account on such Distribution Date prior to application of amounts on deposit therein pursuant to Section 5.8.

  • 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).

  • 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.

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

  • Designated Deposit Account is Borrower’s deposit account, account number , maintained with Bank.

  • Available Reserve Account Amount means, for any Transfer Date, an amount equal to the lesser of (a) the amount on deposit in the Reserve Account (exclusive of Investment Earnings on such date and before giving effect to any deposit to, or withdrawal from, the Reserve Account made or to be made with respect to such date) and (b) the Required Reserve Account Amount, in each case on such Transfer Date.

  • Initial Reserve Account Deposit Amount means an amount equal to $12,240,151.27.

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