Prefunded Amount definition

Prefunded Amount. The amount deposited in the Prefunding Account on the Closing Date, which shall equal $47,501,207.00.

Prefunded Amount means $129,897,957.08, the initial deposit into the Prefunding Account.

Prefunded Amount. With respect to each Prefunding Account, the amount deposited therein on the Closing Date.

Examples of Prefunded Amount in a sentence

• On the Closing Date the Depositor shall remit the Prefunded Amount to the Trustee for deposit in the Prefunding Account.

• As of any date of determination and Loan Group, will be equal to applicable Aggregate Loan Group Balance plus the amount, if any, then on deposit in the Prefunding Account, with respect to the related Loan Group; provided that the Aggregate Loan Group Collateral Balance as of the Initial Cut-off Date will include the Prefunded Amount.

• On the Closing Date the Depositor shall remit the Prefunded Amount to the Trust Administrator for deposit in the Prefunding Account.

• On any Distribution Date following the date at which the remaining aggregate Stated Principal Balance of the Mortgage Loans is less than 10% of the sum of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date and the Original Group II Pre-funded Amount, the Terminator may purchase, in whole, from the Trust the Mortgage Loans at a purchase price determined as provided in the Agreement.

• On the Closing Date the Depositor shall remit the Prefunded Amount to the Securities Administrator for deposit in the Prefunding Account.

More Definitions of Prefunded Amount

Prefunded Amount means $75,341,420.08, the initial deposit into the Prefunding Account.

Prefunded Amount. The amount deposited in the Prefunding Account on the Closing Date, which shall equal $7,238,797.21. $6,364,300.00 of the amount will be used to buy additional Group 1 Mortgage Loans. $758,611.52 of the amount will be used to buy additional Group 2 Mortgage Loans. $115,885.65 of the amount will be used to buy additional Group 3 Mortgage Loans.

Prefunded Amount if applicable, shall mean (a) the Initial Prefunded Amount minus (b) the amount of any increases in the Invested Amount during the Funding Period pursuant to Section 4.13(f) and minus (c) disbursements from the Prefunding Account pursuant to Section 4.13(e). 26 26

Prefunded Amount means $42 million from the postpetition financing on a secured superprioritybasis granted to the Debtors pursuant to the DIP Financing Order that was deposited in the accounts as set forth in the DIP Lender Winddown Order.

Prefunded Amount. The amount deposited in the Prefunding Account, which shall equal approximately $26,381,282.93.

Prefunded Amount means $25,712,809.85, the initial deposit into the Prefunding Account.

Prefunded Amount. The amount deposited in the Prefunding Account on the Closing Date, which shall equal $12,844,898. $2,277,849 of the amount will be used to buy additional Group I Mortgage Loans. $2,536,355 of the amount will be used to buy additional Group II Mortgage Loans. $3,705,800 of the amount will be used to buy additional Group III Mortgage Loans. $473,241 of the amount will be used to buy additional Group IV Mortgage Loans. $1,762,080 of the amount will be used to buy additional Group VI Mortgage Loans. $2,089,572 of the amount will be used to buy additional Group VII Mortgage Loans.