Reserve Account Deposit definition

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

Reserve Account Deposit means an amount equal to $__________.

Reserve Account Deposit means $3,430,700.21.

Examples of Reserve Account Deposit in a sentence

• On the Closing Date, the Depositor shall cause the purchaser of the Notes to transfer an amount equal to the Reserve Account Deposit in immediately available funds into the Reserve Account.

• On the Closing Date, the Depositor shall deposit the Initial Reserve Account Deposit into the Reserve Account.

• The Purchaser shall deposit an amount equal to the Initial Reserve Account Deposit into the Reserve Account, which account shall be an asset of the Issuer.

• On the Closing Date, the Depositor shall deposit the Initial Reserve Account Deposit into the Reserve Account from the net proceeds of the sale of the Notes.

• The Purchaser shall deposit, from funds it receives from the issuance of the Notes, an amount equal to the Initial Reserve Account Deposit into the Reserve Account, which amount shall be an asset of the Issuer.

More Definitions of Reserve Account Deposit

Reserve Account Deposit means $4,121,956.02.

Reserve Account Deposit means $6,969,878.68.

Reserve Account Deposit means $2,585,218.45.

Reserve Account Deposit means $2,448,168.79.

Reserve Account Deposit means $11,828,946.33.

Reserve Account Deposit means $5,855,027.57.

Reserve Account Deposit. The amount to be paid by the Depositor to the Grantor Trust Trustee for deposit in the Reserve Account on the Closing Date, which amount is equal to $500,000.00.