Initial Cash Deposit definition

Initial Cash Deposit shall have the meaning specified in the Insurance Agreement.
Initial Cash Deposit. $313,736.63.
Initial Cash Deposit means 1.25% of the Original Pool Balance plus the Negative Carry Amount.

Examples of Initial Cash Deposit in a sentence

  • On the Closing Date, the Seller shall deposit into the Spread Account an amount equal to the Initial Cash Deposit from the proceeds of the sale of the Notes.

  • The actual losses may exceed the amount of the Initial Cash Deposit and any Additional Margin deposited in the Account at any time.

  • If SELLER is unable to provide financing on the terms set forth in Paragraph 1 above for any reason, either party may terminate the Sale Contract and SELLER shall return BUYER's Initial Cash Deposit and any additional Down Payment (together, the "Down Payment").

  • It shall be the Investment Size, as specified by the Client, that shall govern the size of trading positions executed on the Account and no consideration shall be given whatsoever by ECU to the amount of cash resources (Initial Cash Deposit and/or Additional Margin) that remains deposited and available on the Account.

  • The Trust Administrator, on behalf of the Trustee, acknowledges receipt of the Initial Cash Deposit Amount referred to in Section 2.01 above and shall (i) deposit such Initial Cash Deposit Amount into the Certificate Account as part of the Available Distribution Amount for the initial Distribution Date and (ii) declare that it holds and will hold such Initial Cash Deposit Amount for the exclusive use and benefit of the Certificateholders.


More Definitions of Initial Cash Deposit

Initial Cash Deposit means an amount, in cash, equal to $40,104.17, to be held in the Certificate Account and not invested in Eligible Investments.
Initial Cash Deposit has the meaning ascribed to such term in Section 4.1(a).
Initial Cash Deposit is defined in Section 2.8.2(d).
Initial Cash Deposit means the initial cash deposit to be made by the Seller under the terms of the Cash Deposit Agreement on the Closing Date for an amount equal two (2) per cent. of the aggregate of the Initial Principal Amounts of the Notes. The Initial Cash Deposit will be deposited on the Reserve Account to fund the initial amount of the Reserve Fund.
Initial Cash Deposit. The meaning specified in the applicable Supplement.
Initial Cash Deposit shall be $---.
Initial Cash Deposit. An amount equal to $1,614.72 deposited by the Depositor on the Closing Date into the Distribution Account for distribution by the Trustee on the initial Distribution Date, $322.94 of which is related to Loan Group I and $1,291.78 of which is related to Loan Group II.