Monthly Deposits definition

Monthly Deposits monthly deposits into each Replacement Reserve Account as described in Section 4.1.11.
Sample 1Sample 2
Monthly Deposits. Term: Termination Date: Renewal Option(s):
Sample 1Sample 2
Monthly Deposits means average deposits of Seller held by Participant during a given calendar month.
Sample 1

Examples of Monthly Deposits in a sentence

  • Notwithstanding anything to the contrary in this Section 7.3, Borrower shall not be required to make Replacement Reserve Monthly Deposits, provided that: (i) no Event of Default shall have occurred; and (ii) Borrower makes all necessary Replacements and otherwise maintains the Property to Lender's satisfaction.

  • Monthly Deposits to the Principal Funding Account during the relevant Due Period (pursuant to sec 4.6f) $ 36,979,166.67 b.

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

  • Notwithstanding anything to the contrary in this Section 7.3, Borrower shall not be required to make Replacement Reserve Monthly Deposits, provided that: (i) no Event of Default shall have occurred; and (ii) either (A) Borrower makes all necessary Replacements and otherwise maintains the Property to Lender’s satisfaction, or (B) Anchor Tenant maintains the Property as required pursuant to the Anchor Tenant Lease.

  • Notwithstanding anything to the contrary in this Section 7.3, Borrower shall not be required to make Replacement Reserve Monthly Deposits, provided that: (i) no Event of Default shall have occurred; and (ii) Borrower makes all necessary Replacements and otherwise maintains the Property to Lender’s satisfaction.

  • Monthly Deposits to the Principal Funding Account on the Transfer Date of the relevant Due Period $ 59,400,000.00 b.

  • Any amount held in the Replacement Reserve Account and allocated for an Individual Property shall be retained by Lender and credited toward the future Replacement Reserve Monthly Deposits required by Lender hereunder in the event such Individual Property is released from the Lien of its related Security Instrument in accordance with Section 2.5 hereof.

  • If a Transfer shall occur or be contemplated, which Transfer requires the prior written consent of Lender pursuant to the terms of the Security Instrument, Lender may review the amount of the Replacement Reserve, the amount of the Monthly Deposits and the likely repairs and replacements required by the Property and the related contingencies which may arise during the remaining term of the Loan.

  • Lender may approve a temporary deferral or a reduction in the amount of the Monthly Deposit; provided, however, that if Lender approves either a temporary deferral or reduction in the amount of the Monthly Deposit, such action by Lender shall not prevent Lender from requiring Borrower to resume payment of the Monthly Deposits on any date that Lender may deem appropriate.

  • Tenant covenants and agrees to pay its Proportionate Share of the cost of Casualty Insurance obtained by Landlord as Additional Rent, payable pursuant to the provisions hereinabove for Monthly Deposits.


More Definitions of Monthly Deposits

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. • 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.
Sample 1
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:
Sample 1

Related to Monthly Deposits

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

  • Security Deposits means all Tenant security deposits in the form of cash and letters of credit, if any, held by Seller, as landlord (together with any interest which has accrued thereon, but only to the extent such interest has accrued for the account of the Tenant).

  • 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 $1,030,941.16.

  • Reserve Account Deposit Cash or Eligible Investments having a value of at least $2,635,875.59.

  • Reserve Funds means, collectively, the Tax and Insurance Escrow Fund, the Replacement Reserve Fund, the Required Repair Fund, the Initial Renovation Reserve Fund, the Interest Reserve Fund, the General Reserve Fund, any funds on deposit in the Construction Loan Reserve Account, any Shortfall Funds and any other escrow fund established pursuant to 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 $3,250,000.

  • 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 Fund Initial Deposit means the initial deposit of cash in the amount of $3,846,153.85 made by or on behalf of the Seller into the Reserve Fund on the Closing Date.

  • Reserve Account Excess Amount means, with respect to any Payment Date, an amount equal to the excess, if any, of (a) the amount of cash or other immediately available funds in the Reserve Account (excluding any net investment earnings) on that Payment Date, after giving effect to all deposits to and withdrawals from the Reserve Account on such Payment Date, over (b) the Specified Reserve Account 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 and Insurance Reserve Account, the Leasing Reserve Account or any other escrow account established by the Loan Documents.

  • 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 means that Interest Reserve Account maintained by the Master Servicer pursuant to Section 5.1(a), which account shall be an Eligible Account.

  • 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 $[•].