Required Cash Reserve Amount definition

Required Cash Reserve Amount means Euro 6,000,000. "Retention Amount" means an amount equal to €60,000.

Required Cash Reserve Amount means, in respect of a Series held by the Trust:

Required Cash Reserve Amount means, in respect of the Series 2024-1 Ownership Interest

Examples of Required Cash Reserve Amount in a sentence

• If at any time the Available Cash Reserve Amount exceeds the Required Cash Reserve Amount, the Trust shall instruct the Custodian to immediately release such excess to the Seller.

• Calculation of Required Cash Reserve Amount as of the November 20, 1998 Distribution Date.

• Calculation of Required Cash Reserve Amount as of the Janaury 21, 1996 Distribution Date.

• Calculation of Required Cash Reserve Amount as of the October 21, 1996 Distribution Date.

• To the extent that funds are not available to make the payments indicated in clauses (ii)-(iv) above, the Trustee shall withdraw any available funds from the Cash Reserve Account to make such distributions, provided that on the next Distribution Date the Cash Reserve Account shall be replenished (up to the Required Cash Reserve Amount) from the Payment Account prior to any other distribution, as indicated in clause (i) above.

More Definitions of Required Cash Reserve Amount

Required Cash Reserve Amount means: (i) on any Payment Date for as long as the Principal Amount Outstanding of the Senior Notes is higher than 50% of the Principal Amount Outstanding of the Senior Notes as at the Issue Date and, thereafter, until the first Payment Date (excluded) on which the conditions set out below are met for the first time, an amount equal to the Cash Reserve Initial Amount; and (ii) on the first Payment Date on which the Principal Amount Outstanding of the Senior Notes (after payment of principal, if any, has been made on such Payment Date) is equal to or less than 50% of the Principal Amount Outstanding of the Senior Notes as at the Issue Date and the following conditions are met:

Required Cash Reserve Amount means the greater of (a) Cash Reserve Percentage multiplied by the amount of the Total Advanced Amount for Purchased Digital Ad Receivables and (b) the total amounts received by Buyer over the prior 30 days from the Payors of the Purchased Digital Ad Receivables that are in excess of the sum of the Advance Amount and the accumulated Factoring Fees. If Buyer reasonably expects to charge the Cash Reserve Account for Obligations or other requirements as described in Section 2, Buyer may increase the Required Cash Reserve to cover such expected charges.

Required Cash Reserve Amount means, on any day, the amount specified as such in the Issuance Supplement but not more than the Available Subordination Amount.

Required Cash Reserve Amount means _______.

Required Cash Reserve Amount means, with reference to any Payment Date on which the Pre-Acceleration Order of Priority applies, an amount equal to:

Required Cash Reserve Amount means on any date, the sum of: [***]

Required Cash Reserve Amount means the maximum Trustee Fees, Back-up Servicing Fees and Servicing Fees predicted to occur within the next year, as reasonably determined by the Trust Depositor (and approved by the Controlling Noteholder). As of the initial Purchase Date, the Required Cash Reserve Amount shall be $29,000.