Reserve Fund Amount definition

Reserve Fund Amount means, with respect to any Payment Date, the amount on deposit in and available for withdrawal from the Reserve Fund on such Payment Date (after giving effect to all deposits to and withdrawals from the Reserve Fund on the preceding Payment Date (or, in the case of the first Payment Date, the Closing Date), including all interest and other investment earnings (net of losses and investment expenses) earned on such amount on deposit therein during the related Collection Period.
Reserve Fund Amount means, on each Guarantor Payment Date, an amount, as calculated by the Calculation Agent on or prior to each Calculation Date, equal to:
Reserve Fund Amount means, on each Guarantor Payment Date, an amount equal to the sum of:

Examples of Reserve Fund Amount in a sentence

  • On each Determination Date, the Servicer shall calculate the Reserve Fund Amount, the Reserve Fund Required Amount, the Reserve Fund Draw Amount and the amount, if any, by which the Reserve Fund Required Amount exceeds the Reserve Fund Amount (after giving effect to any deposits to the Reserve Fund and the withdrawal of the Reserve Fund Draw Amount for such Payment Date).

  • The Trustee, at the direction of the Servicer, shall make withdrawals from the Swap Reserve Fund from time to time in an amount up to the Available Swap Reserve Fund Amount in the amounts and at the times set forth in this Section 4.16.

  • Plaintiff is entitled to a set-off for funds paid to Oneida County pursuant to its Silver Covenant Chain program.Q. Fifteenth Defense 54.

  • On the Closing Date, the Depositor will cause, on behalf of the Trust, the Basis Risk Shortfall Reserve Fund Amount to be deposited into the Basis Risk Shortfall Reserve Fund.

  • On any Distribution Date, any amounts on deposit in the Basis Risk Reserve Fund in excess of the Required Basis Risk Reserve Fund Amount shall be distributed to the Class X Certificateholder pursuant to Section 4.02(e)(xiv).


More Definitions of Reserve Fund Amount

Reserve Fund Amount means, on each Guarantor Payment Date, an amount calculated by the Guarantor Calculation Agent as being equal to the sum of:
Reserve Fund Amount has the meaning specified in the Sale and Servicing Agreement.
Reserve Fund Amount. As defined in Section 5.4.1.
Reserve Fund Amount means, initially as of the Closing Date, $[_____] (representing the Reserve Fund Initial Deposit) and thereafter, at any date of determination, means an amount equal to the lesser of (a) the Reserve Fund Initial Deposit, and (b) the Aggregate Principal Amount of the Notes as of such date of determination.
Reserve Fund Amount means, initially as of the Closing Date, $[ ] (representing the Reserve Fund Initial Deposit) and thereafter, at any date of determination, means an amount equal to the lesser of (a) the Reserve Fund Initial Deposit, and (b) the Aggregate Principal Amount of the Notes as of such date of determination.
Reserve Fund Amount. NINE MILLION ONE HUNDRED THOUSAND DOLLARS ($9,100,000).