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Initial Deposit definition

Initial Deposit shall have the meaning set forth in Section 2.5(a).
Initial Deposit means the amount of all collections made on the Mortgage Loans from the Cut-Off Date to and excluding the Closing Date.
Initial Deposit means $0.00.

Examples of Initial Deposit in a sentence

  • On the Closing Date, the Issuer shall deposit the Reserve Account Initial Deposit into the Reserve Account.

  • On the Closing Date, the parties will establish the Replacement Reserve Fund and Borrower will pay the Initial Deposit to Lender for deposit into the Replacement Reserve Fund.

  • On the Closing Date, the Issuer shall deposit the Capitalized Interest Account Initial Deposit into the Capitalized Interest Account.

  • On the Closing Date, the Issuer shall deposit the Collection Account Initial Deposit into the Collection Account.

  • On the Closing Date, the Depositor will use the net proceeds of the sale of the Notes and the Trust Certificates to make a capital contribution to the Issuing Entity, which the Issuing Entity shall use to cause the Initial Deposit Amount to be deposited into the Reserve Account.


More Definitions of Initial Deposit

Initial Deposit means the initial amount to be paid into the Project Account pursuant to Section 3.04 (b) of this Agreement;
Initial Deposit has the meaning given in Section 2.2.1.
Initial Deposit. Shall have the meaning given to it in Section 3.1(a).
Initial Deposit means the initial deposit by the Depositor and the Administrative Agent of $1,000 into the Down-MACRO Holding Trust in connection with the formation thereof.
Initial Deposit means the Transferor’s deposit to the Reserve Fund, on or before the Closing Date, of $3,004,807.70.
Initial Deposit means the deposit referred to in Section 3.04 (b) of this Agreement;
Initial Deposit means an amount equal to 40% of the Participation Fee expressed as item C of Section I of the Application Form and where applicable, the shipping deposit expressed as item E of Section I of the Application Form.