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.