Initial Reserve Account Deposit means $3,000,000.
Initial Reserve Account Deposit means $2,625,000.
Initial Reserve Account Deposit means $1,625,000.
Examples of Initial Reserve Account Deposit in a sentence
The Purchaser shall deposit an amount equal to the Initial Reserve Account Deposit into the Reserve Account, which account shall be an asset of the Issuer.
On the Closing Date, the Depositor shall deposit the Initial Reserve Account Deposit into the Reserve Account.
More Definitions of Initial Reserve Account Deposit
Initial Reserve Account Deposit means 1% of the Pool Balance as of the Cutoff Date.
Initial Reserve Account Deposit means an amount equal to at least $3,914,142.67.
Initial Reserve Account Deposit means $[ ].
Initial Reserve Account Deposit means $11,569,416.81.
Initial Reserve Account Deposit. An amount equal to the sum of (i) 0.5% of the Principal Balance of the Initial Contracts as of the Initial Cutoff Date and (ii) the Capitalized Interest Amount.
Initial Reserve Account Deposit means $5,000,000.
Initial Reserve Account Deposit is defined in Section 5.8(b) of the Sale and Servicing Agreement.