Reserve Deposit Agreement definition

Reserve Deposit Agreement means that certain Reserve Deposit Agreement of even date herewith between Beneficiary and Grantor, as amended from time to time.
Sample 1Sample 2Sample 3
Reserve Deposit Agreement means that certain Reserve Deposit Agreement of even date herewith between Mortgagee and Grantor, as amended from time to time.
Sample 1

Examples of Reserve Deposit Agreement in a sentence

  • In order to mitigate this risk, the Servicer has agreed to fund a cash deposit (the “Commingling Reserve Deposit”) in favour of the Compartment with the Commingling Reserve Account opened with the Account Bank in the name of the Compartment.Pursuant to the Commingling Reserve Deposit Agreement, the Servicer has agreed to make such deposit with the Compartment by way of full transfer of title in accordance with Article L.

  • Credit Enhancement Credit enhancement of the Class A Notes is provided by subordination of payments due in respect of the Class B Notes and the General Reserve Deposit Agreement.

  • Pursuant to the provisions of the General Reserve Deposit Agreement, the Seller has agreed as security for the performance of its Financial Obligations to transfer to the FCT certain amounts of money as pursuant to articles L.

  • The parties have agreed to submit any dispute that may arise in connection with the Commingling Reserve Deposit Agreement to the exclusive jurisdiction of the competent courts of the Cour x’Xxxxx de Paris.

  • Pursuant to the terms of the Commingling Reserve Deposit Agreement, as security for the performance of its Financial Obligations, the Servicer has undertaken to transfer to the FCT pursuant to article L.

  • In order to mitigate this risk, the Servicer has agreed to fund a cashdeposit (the “Commingling Reserve Deposit”) in favour of the Compartment with the Commingling Reserve Account opened with the Account Bank in the name of the Compartment.Pursuant to the Commingling Reserve Deposit Agreement, the Servicer has agreed to make such deposit with the Compartment by way of full transfer of title in accordance with Article L.

  • Pursuant to the Commingling Reserve Deposit Agreement the Servicer has agreed to make a cash deposit (the “Commingling Reserve Deposit”) with the Compartment by way of full transfer of title in accordance with Article L.

  • The Commingling Reserve Deposit Agreement will be governed by and shall be construed in accordance with French law.

  • Summary analysis of the Federal Civil Service Commission law We examined the draft Civil Service Law describing the legislation s implications for design and operation of the Civil Service Institute and other related public administration training services.

  • Credit enhancement to the Class B Notes is also provided by the subordination of payments due in respect of the Class C Notes and the General Reserve Deposit Agreement.

Related to Reserve Deposit Agreement

  • Deposit Agreement means this Agreement, as the same may be amended from time to time in accordance with the provisions hereof.

  • Escrow Deposit Agreement means the agreement provided for in Section 4.02(a) of this Resolution.

  • Replacement Reserve Agreement means a Replacement Reserve and Security Agreement, reasonably required by the Lender, and completed in accordance with the requirements of the DUS Guide.

  • Deposit Escrow Agreement has the meaning set forth in Section 2.2.

  • Certificate Depositary Agreement means the agreement among the Issuer Trust, the Depositor and the Depositary, as the initial Clearing Agency, dated as of the Closing Date, substantially in the form attached as Exhibit B, as the same may be amended and supplemented from time to time.

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

  • Initial Reserve Account Deposit Amount means an amount equal to $1,554,404.20.

  • 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).

  • Security Deposit Account has the meaning given in Section 5.1.

  • Debt Service Fund means the fund so designated in, and created pursuant to, Section 502 hereof.

  • 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.

  • Initial Deposit Amount means the Issuing Entity’s deposit to the Reserve Account, on or before the Closing Date, of $[•].

  • Depositary Agreement The Letter of Representations, dated June 26, 2007 by and among DTC, the Trust and the Trustee. The Trustee is authorized to enter into the Depositary Agreement on behalf of the Trust.

  • Reserve Draw Amount shall have the meaning specified in subsection 4.12(c).

  • Certificate Depository Agreement means the agreement among the Trust, the Depositor and The Depository Trust Company, as the initial Clearing Agency, dated as of the Closing Date, relating to the Trust Securities Certificates, substantially in the form attached as Exhibit B, as the same may be amended and supplemented from time to time.

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

  • Reserve Fund means the account designated as such, and established and maintained pursuant to Section 4.01.

  • Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.

  • Reserve Accounts means the Tax Account, the Insurance Account, the Replacement Reserve Account, the Immediate Repair Account, the Leasing Reserve Account, the Excess Cash Flow Account, the Operating Expense Account, the Ground Rent Account and any other escrow account established by this Agreement or the other Loan Documents (but specifically excluding the Cash Management Account, the Restricted Account and the Debt Service Account).

  • Reserve Account Property shall have the meaning specified in Section 4.7(a) of the Sale and Servicing Agreement.

  • Debt Service Account means the Debt Service Account for General Obligation Temporary Notes, Series 2017-1 (within the Bond and Interest Fund) created pursuant to Section 501 hereof.

  • Deposit Amount is the amount GLAIC credits to the Accumulation Fund on the Deposit Date as set forth in the Accumulation Fund Schedule.

  • Controlled Deposit Amount means, for any Distribution Date with respect to the Controlled Accumulation Period, an amount equal to the sum of the Controlled Accumulation Amount for such Distribution Date and any Deficit Controlled Accumulation Amount for the immediately preceding Distribution Date.

  • Construction Loan Agreement means the Loan Agreement to be entered into by and between the Construction Lender and the Partnership, as amended.

  • 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.

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