Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.
Reserve Account Initial Deposit means $3,255,208.34.
Reserve Account Initial Deposit means $[ ].
Examples of Reserve Account Initial Deposit in a sentence
The Issuer will apply the proceeds of the sale of the Notes hereunder (a) to acquire the Wellbore Interests by acquiring 100% of the transferable interests of the Guarantors, (b) to fund the Liquidity Reserve Account in an amount equal to the Liquidity Reserve Account Initial Deposit, and (c) to pay transaction costs associated with the issuance of the Notes and the acquisition of the Wellbore Interest.
More Definitions of Reserve Account Initial Deposit
Reserve Account Initial Deposit means, with respect to the Closing Date, $10,351,075.
Reserve Account Initial Deposit means the initial deposit to the Reserve Account by the Issuing Entity on the Closing Date of $8,025,729.
Reserve Account Initial Deposit means $7,199,641.17.
Reserve Account Initial Deposit means $2,604,166.67.
Reserve Account Initial Deposit means cash or Eligible Investments having a value of $2,595,670.49.
Reserve Account Initial Deposit means, with respect to the Closing Date, $[ ].
Reserve Account Initial Deposit means $1,923,078.55.