Monthly Deposits definition

Monthly Deposits monthly deposits into each Replacement Reserve Account as described in Section 4.1.11.
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Monthly Deposits. Term: Termination Date: Renewal Option(s):
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Monthly Deposits to deposit a minimum of $20 every calendar month from his or her earned income (income received as a wage or through self-employment). 8 This document formally enrolls the Participant into the program. Complete after the orientation session and at the time of the one-on-one interview. • Credit Repair: to review and, if necessary, repair any credit problems that may inhibit the successful purchase of my desired asset. • Financial Education Workshops: to attend all financial education workshops, actively participate in all workshop discussions and exercises, and complete all homework activities. • Asset-Specific Training: to attend additional educational and training workshops appropriate to his or her selected asset goal, as determined by Program staff. • Confidentiality: to respect the right to privacy of all Participants by keeping confidential any personal or financial information divulged in the course of the Program. • Change of Address: to provide Program staff with updated personal information in the event of a change of address, phone number or emergency contact information. Initials Mutual Understandings Both parties understand and agree that: • Qualified withdrawals: are for the asset specified in this agreement and are only allowed after the Participant has been enrolled in the Program for at least six months and has completed all Program preparatory requirements. Qualified withdrawal requests must be submitted at least 30 days in advance of date funds will be needed. • Emergency withdrawals: are strongly discouraged and are only available to the Participant in accord with the Program’s emergency withdrawal policy and procedure.
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Examples of Monthly Deposits in a sentence

  • Line 4 – Enter the sum of Line 1 minus (-) Line 2 plus (+) Line 3 equal (=) ‘Total Monthly Deposits.

  • Line 9 – The sum of Line 4 (Total Monthly Deposits) minus (-) Line 8 Monthly Interest Cash Collections) = Total Monthly Principal Cash Deposits.

  • In the event of a transfer by Landlord of Landlord’s interest in the Demised Premises, Landlord or the property manager of Landlord will deliver the Monthly Deposits and Security Deposit to the transferee of Landlord’s interest and Landlord and such property manager shall thereupon be discharged from any further liability to Tenant with respect to such Monthly Deposits and Security Deposit.

  • Except for Landlord's obligation to make payments out of funds available from Monthly Deposits, the making of Monthly Deposits by Tenant shall not limit or alter Tenant's obligation to pay taxes and assessments and to maintain insurance as elsewhere provided in this Lease.

  • If Tenant so requests in writing within thirty (30) days after the date of Landlord’s annual reconciliation of Monthly Deposits, Landlord shall furnish Tenant with a copy of invoices or receipts for Taxes, Insurance, and Common Facilities Charges.

  • Ohio DOT’s Traffic Engineering Manual Part 4-Signals provides additional guidance for consideration of the reduction of minor approach right turning volume for traffic signal warrants to account for minor approach lane configurations, the proportion of right turns to other traffic, and the conflicting through volumes on the major street.

  • To the extent the Monthly Deposits exceed Tenant’s Pro Rata Share of the actual cost of such items, the excess amount shall, at Landlord’s option, except as may be otherwise provided by law, either be paid to Tenant or credited against future Monthly Deposits or against Basic Rent, Additional Rent or other amounts payable by Tenant under this Lease.

  • Landlord shall not be obligated to pay interest to Tenant on account of the Monthly Deposits and Security Deposit.

  • To the extent the Monthly Deposits exceed the actual taxes and assessments or insurance premiums payable, the excess amount shall, at Landlord's option, except as may be otherwise pro­vided by law, either be paid to Tenant or credited against the future Monthly Deposits or against Basic Rent, Additional Rent or other amounts payable by Tenant under this Lease.

  • Tenant agrees that a failure to deliver such a statement within 10 days after written request from Landlord shall be conclusiVe upon Tenant that this Lease is in full force and effect without modification except as may be represented by Landlord; that there are no uncured defaults by Landlord under this Lease; and that any representations by Landlord with respect to Basic Rent, the Security Deposit and Monthly Deposits are true.


More Definitions of Monthly Deposits

Monthly Deposits. None-$50,070.00 Tax Stop and $7,929.00 Insurance Stop; otherwise, Net Lease Term: 9 Years and 11.5 Months (Oct. 13, 1992 - Sept. 30, 2002) Termination Date: September 30, 2002 Renewal Option(s): None Square Footage: 113,266 Use: Office; warehouse; distribution of greeting cards, gifts and related items. Tenants Address For Xxxxx X. Xxxxxx Notices: Factory Card Outlet of America, Ltd. 000 Xxxxxxxx Xxxx Xxxxxxxxxxx, XX 00000 Lender proposes to finance the Property and this Tenant Estoppel Certificate is to be made and delivered in connection with that financing. The undersigned Tenant under the above-referenced lease dated as of the Lease Date between Landlord and Tenant ("Lease"), certifies, represents, confirms and agrees in favor of Lender the following:
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Monthly Deposits means average deposits of Seller held by Participant during a given calendar month.
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Related to Monthly Deposits

  • Replacement Reserve Monthly Deposit shall have the meaning set forth in Section 7.3.1 hereof.

  • Security Deposits shall have the meaning set forth in Section 5.1.17(e) hereof.

  • Reserve Account Deposit Amount means, with respect to any Distribution Date, the lesser of (x) the excess of (i) the Specified Reserve Balance over (ii) the amount on deposit in the Reserve Account on such Distribution Date, after taking into account the amount of any Reserve Account Withdrawal Amount on such Distribution Date and (y) the amount remaining in the Collection Account after taking into account the distributions therefrom described in clauses (i) through (xviii) of Section 5.7(a).

  • FF&E Reserve Account shall have the meaning set forth in Section 7.3 hereof.

  • Initial Reserve Account Deposit Amount means an amount equal to $12,240,151.27.

  • Reserve Account Deposit Cash or Eligible Investments having a value of at least $2,802,496.17.

  • Reserve Funds means, collectively, the Tax and Insurance Reserve Fund, the Replacement Reserve Fund, the Required Repair Fund, the Rollover Reserve Fund, the Ground Lease Reserve Fund, the Excess Cash Flow Reserve Fund and any other escrow fund established by the Loan Documents.

  • Reserve Account means the account designated as such, established and maintained pursuant to Section 5.07.

  • Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.

  • Reserve Fund means the account designated as such, and established and maintained pursuant to Section 4.01.

  • Expense Reserve Account The trust account established pursuant to Section 10.3(d).

  • Initial Reserve Account Deposit means $3,000,000.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Reserve Account Excess Amount means, with respect to any Payment Date, an amount equal to the excess, if any, of (i) the amount of cash or other immediately available funds in the Reserve Account on such Payment Date (prior to giving effect to any withdrawals therefrom relating to such Payment Date) over (ii) the Specified Reserve Balance with respect to such Payment Date.

  • Imposition Deposits are defined in Section 7(a).

  • Cash Reserve Account means an Eligible Deposit Account established in the name of the Trust and designated as the Cash Reserve Account for the purposes hereof, the balance of which shall be subject to the control of the Trust for the benefit of the Trust and the Seller and applied in accordance with the terms hereof, which account shall bear interest and shall initially be account number [*], maintained at [*];

  • Reserve Accounts means the Tax Account, the Insurance Account, the Replacement Reserve Account, the Immediate Repair Account, the Leasing Reserve Account, the Excess Cash Flow Account, the Operating Expense Account, the Ground Rent Account and any other escrow account established by this Agreement or the other Loan Documents (but specifically excluding the Cash Management Account, the Restricted Account and the Debt Service Account).

  • Replacement Reserve Account shall have the meaning set forth in Section 7.3.1 hereof.

  • Reserve Account Amount means, for any Distribution Date, the amount on deposit in and available for withdrawal from the Reserve Account on such Distribution Date (after giving effect to all deposits to and withdrawals from the Reserve Account on the preceding Distribution Date, or, in the case of the initial Distribution Date, the Closing Date), including all interest and other income (net of losses and investment expenses) earned on such amount during the preceding Collection Period.

  • Reserve Account Draw Amount means, for any Payment Date, an amount equal to the lesser of (a) the Available Funds Shortfall Amount, if any, for such Payment Date and (b) the amount of cash or other immediately available funds on deposit in the Reserve Account (excluding any net investment earnings) on such Payment Date; provided, however, that if such Payment Date is the Redemption Date, the “Reserve Account Draw Amount” shall mean an amount equal to the amount of cash or other immediately available funds on deposit in the Reserve Account on the Redemption Date.

  • Interest Reserve Account As defined in Section 3.4(d).

  • Reserve Fund Deposit With respect to the Reserve Fund, an amount equal to $5,000, which the Depositor shall initially deposit into the Reserve Fund pursuant to Section 3.21 hereof.

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Series Reserve Account means the Reserve Account for the Series of Bonds established in the Reserve Fund by Supplemental Indenture in an amount equal to the Series Reserve Account Requirement for such Series of Bonds.

  • Initial Deposit Amount means the Issuing Entity’s deposit to the Reserve Account, on or before the Closing Date, of $[•].