Collateral Deposit Amount definition

Collateral Deposit Amount means any amount required pursuant to the Swap Agreement to be transferred by the Swap Counterparty as credit support upon certain ratings downgrades of the Swap Counterparty.
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Collateral Deposit Amount means the “Deposit Amount” as defined in the Deposit Agreement, being USD 200,000,000 for the period from and including the Deposit Start Date to but excluding the New Notes Issue Date and USD 250,000,000 for the period from and including the New Notes Issue Date, subject to reduction following withdrawals pursuant to the exercise of the Noteholders’ Option.
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Collateral Deposit Amount means any amount required pursuant to the Swap Agreement to be deposited by the Swap Counterparty to the Swap Collateral Account upon certain ratings downgrades of the Swap Counterparty as described in the Swap Agreement;
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Examples of Collateral Deposit Amount in a sentence

  • Apart from the distribution of the Remaining Collateral Deposit Amount, the Company intends to distribute substantially all of its existing cash balances to Shareholders on a pro-rata basis, save for such amounts which may be required for the Company to meet its obligations under the SPA and for the Company’s operating expenses pending the completion of the Proposed Acquisition.

  • Of these cash deposits, S$11.2 million was released to the Company on 28 May 2016 (following the expiry of the first standby letter of credit), and the Company is expecting the release of the remaining S$1.3 million cash deposit (“Remaining Collateral Deposit Amount”) which was placed as collateral forthe remaining standby letter of credit (the “Remaining SBLC”), following the substitution of the Remaining Collateral Deposit Amount with an equivalent amount to be furnished by SHC Capital Holdings Pte.

  • As part of the conditions relating to the extension of time granted to the Company on 28 January 2016 to meet the requirements for a new listing, the Company previously undertook to distribute the Remaining Collateral Deposit Amount to Shareholders.

  • As at the date of this announcement, the substitution of the Remaining Collateral Deposit Amount has not taken place and the Company will make the necessary announcement when such substitution has taken place.

  • As part of the conditions relating to the extension of time granted to the Company on 28 January 2016 to meet the requirements for a new listing, the Company previously undertook to distribute the Remaining Collateral Deposit Amount to Shareholders, and the Aggregate Cash Distribution Amount proposed to be distributed to Shareholders under the Proposed Cash Distribution has taken into account the Remaining Collateral Deposit Amount.

  • Of these cash deposits, S$11.2 million was released to the Company on 28 May 2016 (following the expiry of the first standby letter of credit), and the Company is expecting the release of the remaining S$1.3 million cash deposit (“Remaining Collateral Deposit Amount”), following the substitution (“Substitution”) of the Remaining Collateral Deposit Amount with an equivalent amount to be furnished by SHC Capital Holdings Pte.

  • As at the Latest Practicable Date, the substitution and release of the Remaining Collateral Deposit Amount to the Company has not taken place, as it is still subject to further arrangements to be made between the Company, the Major Shareholder and the bank for the Substitution, including the issuance of a new standby letter of credit by the bank to replace the existing standby letter of credit.

  • For the avoidance of doubt, the Aggregate Cash Distribution Amount of approximately S$29,068,345 via the Proposed Cash Distribution includes the distribution of the Remaining Collateral Deposit Amount of S$1.3 million.


More Definitions of Collateral Deposit Amount

Collateral Deposit Amount means the “Deposit Amount” as defined in the Deposit Agreement, being USD 200,000,000, subject to reduction following withdrawals pursuant to the exercise of the Noteholders’ Option.
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Related to Collateral Deposit Amount

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

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

  • 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).

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

  • 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.

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

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

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

  • Reserve Account Property shall have the meaning specified in Section 4.7(a) of the Sale and Servicing Agreement.

  • Reserve Account Draw Amount means, for any Payment Date, an amount equal to the lesser of (a) the Available Funds Shortfall Amount, if any, for such Payment Date and (b) the amount of cash or other immediately available funds on deposit in the Reserve Account (excluding any net investment earnings) on such Payment Date; provided, however, that if such Payment Date is the Redemption Date, the “Reserve Account Draw Amount” shall mean an amount equal to the amount of cash or other immediately available funds on deposit in the Reserve Account on the Redemption 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.

  • 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).

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

  • 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).

  • 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 [*];

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

  • Cash Collateral Account Agreement With respect to any Mortgage Loan, the cash collateral account agreement, if any, between the originator of such Mortgage Loan and the related Mortgagor, pursuant to which the related Cash Collateral Account, if any, may have been established.

  • Class A Cash Collateral Account means, in respect of the Class A Liquidity Facility, an Eligible Deposit Account in the name of the Subordination Agent maintained at an Eligible Institution, which shall be the Subordination Agent if it so qualifies, into which amounts shall be deposited as referred to in Section 3.05(f).

  • L/C Cash Collateral Account means any Cash Collateral Account (a) specifically designated as such by the Borrower in a notice to the Administrative Agent and (b) from and after the effectiveness of such notice, not containing any funds other than those required under the Loan Documents to be placed therein.

  • Liquidity Reserve Account shall have the meaning set forth in Section 8.2(A)(iii).

  • 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.

  • FF&E Reserve Account shall have the meaning set forth in Section 7.3 hereof.

  • 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.

  • Reserve Account Excess Amount means, with respect to any Payment Date, an amount equal to the excess, if any, of (i) the amount of cash or other immediately available funds in the Reserve Account on such Payment Date (prior to giving effect to any withdrawals therefrom relating to such Payment Date) over (ii) the Specified Reserve Balance with respect to such Payment Date.