Examples of Reserve Fund Initial Amount in a sentence
The Reserve Fund initially shall be funded by the Depositor on the Closing Date in the amount of the Reserve Fund Initial Amount.
The Reserve Fund will be funded by the Transferor[s] on the Closing Date in the amount of the Reserve Fund Initial Amount, and will be increased and decreased thereafter as described herein.
The Reserve Fund will be funded by the Transferors on the Closing Date in the amount of the Reserve Fund Initial Amount.
The following amounts shall be drawn down under the Subordinated Loan Agreement and credited to the Margin Reserve Fund Ledger: (i) on the Closing Date, an amount equal to the Margin Reserve Fund Initial Amount and credited to the Margin Reserve Fund Ledger; and (ii) to the extent required on each date an Additional Mortgage is purchased by the Issuer, an amount equal to the applicable Additional Margin Shortfall (if any) in respect of such Additional Mortgage (the " Additional Margin Reserve Amount").
The Reserve Fund shall be funded by the Depositor on the Closing Date in the amount of the Reserve Fund Initial Amount, and shall be increased and decreased thereafter as described herein.