Examples of Initial Spread Account Deposit in a sentence
On the Closing Date, the Seller shall deposit the Initial Spread Account Deposit in the Series 2014-A Spread Account from the proceeds of the sale of the Notes.
On the Closing Date, the Seller shall deposit the Initial Spread Account Deposit in the Series 2013-A Spread Account from the proceeds of the sale of the Notes.
On the Closing Date, the Seller shall deposit the Initial Spread Account Deposit in the Series 2013-D Spread Account from the proceeds of the sale of the Notes.
On the Closing Date, the Seller shall deposit the Initial Spread Account Deposit in the Series 2012-B Spread Account from the proceeds of the sale of the Notes.
Requisite Amount of Spread Account(1) Initial Spread Account Deposit $9,749,989 (2) Subsequent Spread Account Deposits1,049,990 (3) Total Initial & Subsequent Spread Account Deposits (1)+(2)10,799,978 (4) $100,000100,000 (5) 2% of Original Pool Balance (total deliveries)7,199,986 (6) End of period Note Balance (before accel.