Reserve Deposit Amount definition

Reserve Deposit Amount means, with respect to any Payment Date, an amount equal to (a) the Required Reserve Amount minus (b) (i) the amount in the Reserve Account on the Payment Date (before payments under Section 8.2(c) on that Payment Date) and (ii) if applicable, the amount available under any Letter of Credit on such Payment Date.
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Reserve Deposit Amount means, with respect to a Realization Event, the amount by which 14% of Cumulative Net Realized Proceeds after giving effect to such Realization Event exceeds the sum of (a) the cumulative amount of DIP Repayments made after giving effect to any DIP Repayments associated with such Realization Event, (b) the cumulative amount of Non-Debtor Professional Transaction Expenses paid since the Petition Date after giving effect to any Non-Debtor Professional Transaction Expenses
Sample 1
Reserve Deposit Amount means, with respect to any Payment Date, an amount equal to (a) the Required Reserve Amount minus (b) (i) the amount in the Reserve Account on the Payment Date (before payments under Section 8.2(c) on that Payment Date) and(ii) if applicable, the amount available under any Letter of Credit on such Payment Date.
Sample 1

Examples of Reserve Deposit Amount in a sentence

  • In addition, on the Closing Date, the Depositor shall, with respect to each Interest Reserve Loan, make a cash deposit to the Interest Reserve Account in an amount equal to the Initial Interest Reserve Deposit Amount for such Interest Reserve Loan.

  • The Required Debt Service Reserve Deposit Amount shall earn interest at the rate determined by the Agent.

  • The Budget Category Amount for (i) the Completion Date funding of the Debt Service Reserve Account shall be at least the Required Initial Debt Service Reserve Deposit Amount, (ii) the Completion Date funding of the Repair and Maintenance Account shall be at least the Initial Repair and Maintenance Reserve Amount and (iii) the Heat Rate Bonus shall be $6,000,000.

  • If the Administrator exercises its discretion to establish performance criteria, the number, and/or value of Other Stock-Based Awards that will be paid out to the Participant will depend on the extent to which the performance criteria are met.(c)Payment of Other Stock-Based Awards.

  • On the Closing Date, UAC Securitization Corporation shall deposit the Initial Spread Account Amount and the Pre-Funding Reserve Deposit Amount in the Spread Account.

  • The Board will appoint a minimum of two and a maximum of four additional Trustees who shall serve five year terms and be eligible for reappointment for additional five year terms.

  • Borrower covenants and agrees that each Operating Budget for each Budgeted Calendar Year shall include projections for the month of January of the following calendar year in order to aid in Lender’s determination of the August Seasonality Reserve Deposit Amount.

  • An amount ------------------------------------------ equal to the Incremental Funding Reserve Deposit Amount, if any, shall be deposited into the Incremental Funding Reserve Account.

  • An amount equal to the Incremental Funding Reserve Deposit Amount, if any, shall be deposited into the Incremental Funding Reserve Account.

  • Second, it was argued that it would be better to have strict and uniform regulations to ensure good welfare for all animals.

Related to Reserve Deposit Amount

  • Initial Reserve Account Deposit Amount means an amount equal to $16,255,050.05.

  • 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.

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

  • Reserve Account Excess Amount means, with respect to any Payment Date, an amount equal to the excess, if any, of (a) the amount of cash or other immediately available funds in the Reserve Account (excluding any net investment earnings) on that Payment Date, after giving effect to all deposits to and withdrawals from the Reserve Account on such Payment Date, over (b) the Specified Reserve Account Balance with respect to such Payment Date.