Funds deposited definition

Funds deposited in the Sub-Pool HI Pre-Funding Account shall be held in trust by the Trustee for the Holders of the Certificates and the Class C Certificates for the uses and purposes set forth herein.
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Examples of Funds deposited in a sentence

  • Funds deposited in the Escrow Account may be drawn on by the Servicer in accordance with Section 3.06.

  • Funds deposited in the Custodial Account may be drawn on by the Servicer in accordance with Section 3.04.

  • Funds deposited in the Custodial Account may be drawn on by the Company in accordance with Section 4.05.

  • Funds deposited in the Escrow Account may be drawn on by the Company in accordance with Section 4.07.

  • Funds deposited in the Custodial Account may be drawn on by the Servicer in accordance with Section 4.05.

  • Funds deposited in the Custodial Account may be drawn on by the Servicer in accordance with Section 3.04 hereof.

  • Funds deposited in the Escrow Account may be drawn on by the Servicer in accordance with Section 4.07.

  • Funds deposited in a Collection Account may be drawn on by the related Servicer in accordance with Section 3.08.

  • Funds deposited into the Finance Charge Account pursuant to this subsection 4.05(a)(i) shall be applied in accordance with Section 4.09.

  • Funds deposited in the Pre-Funding Accounts shall be held in trust by the Trustee for the Certificateholders for the uses and purposes set forth herein.

Related to Funds deposited

  • Collection Account shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement.

  • the Deposit means 10% of the Purchase Price;

  • Agent Account means such account of the Administrative Agent in New York, New York as is designated in writing from time to time by the Administrative Agent to the Borrower and the Lenders for such purpose.

  • Application deposit means any refundable deposit of money, however denominated, including all

  • Deposit means a deposit as defined in 12 U.S.C. Section 1813(l), including without limitation, outstanding cashier's checks and other official checks and all uncollected items included in the depositors' balances and credited on the books and records of the Failed Bank; provided, that the term "Deposit" shall not include all or any portion of those deposit balances which, in the discretion of the Receiver or the Corporation, (i) may be required to satisfy it for any liquidated or contingent liability of any depositor arising from an unauthorized or unlawful transaction, or (ii) may be needed to provide payment of any liability of any depositor to the Failed Bank or the Receiver, including the liability of any depositor as a director or officer of the Failed Bank, whether or not the amount of the liability is or can be determined as of Bank Closing.