Second Deposit Date definition

Second Deposit Date. (as defined in Section 1.1 of the Agreement) is hereby amended to read "December 23, 1998."
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Second Deposit Date shall have the meaning set forth in Section 2.2(b).
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Second Deposit Date has its meaning set forth in Section 1.6(a).
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Examples of Second Deposit Date in a sentence

  • Payment of the Second Deposit, Third Deposit and Fourth Deposit shall automatically be made to HOKU from the Escrow Account pursuant to the Escrow Agreement on the Second Deposit Date, Third Deposit Date and Fourth Deposit Date, as applicable.

  • Payment to HOKU of the Second Deposit, Third Deposit and Fourth Deposit shall be made by the Issuing Bank upon its receipt of written notice that SOLARFUN has failed to make such payment on the Second Deposit Date, the Third Deposit Date or the Fourth Deposit Date, as applicable.

  • Payment to HOKU of the Second Deposit, Third Deposit and Fourth Deposit shall be made under the Amended Letter of Credit upon its receipt of (A) written notice from HOKU that SOLARFUN has failed to make such payment on the Second Deposit Date, the Third Deposit Date or the Fourth Deposit Date, as applicable; and (B) written confirmation from HOKU that HOKU has completed its Financing.

  • If Purchaser fails to give the termination notice and subsequently fails to deposit the Second Deposit by the Second Deposit Date, such failure shall be deemed a Purchaser default hereunder.

  • If the Second Deposit is posted on or prior to the Second Deposit Date, Buyer shall be deemed to have reviewed, accepted and approved all of the Due Diligence Materials made available to it prior to the Second Deposit Date.

  • On or before May 1, 2019, the Second Deposit Date, the Issuer shall deposit $410,000 into the Escrow Fund to be held by the Escrow Agent and invested as provided in the 2018 Resolution.

  • This Agreement may also, prior to the Second Deposit Date, be terminated in accordance with Section 2.2.

  • As a condition precedent to Seller’s obligation to sell the Property, not later than ten (10) business days after the Second Deposit Date, Seller and Angels Baseball shall have each executed and deposited with Escrow Holder for delivery to Seller and Angels Baseball at Closing two (2) originals of the Angels Commitment Agreement (the “Angels Commitment Agreement”), attached hereto as Exhibit “K”, which shall become effective upon Closing.

  • At any time prior to the expiration of the Due Diligence Period, Buyer shall be free either to (i) post the Second Deposit as required by Section 2.2(b) or (ii) terminate this Agreement by written notice to Sellers delivered on or prior to the Second Deposit Date.

  • If this Agreement is not terminated pursuant to Section 8 on or prior to September 30, 1998, Buyer shall on September 30, 1998 (the "Second Deposit Date") deposit an additional Three Hundred Seventy-Five Thousand Dollars ($375,000) into escrow with the Escrow Agent.


More Definitions of Second Deposit Date

Second Deposit Date means November 23, 1998.
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Second Deposit Date is defined in Section 2.3(b).
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Related to Second Deposit Date

  • Deposit Date means, with respect to any Collection Period and Payment Date, the Business Day immediately preceding such Payment Date.

  • Distribution Account Deposit Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Certificate Account Deposit Date As to any Distribution Date, the Business Day prior thereto.

  • Spread Account Initial Deposit means an amount equal to 3% of the aggregate principal balance of the Receivables on the Closing Date (which is equal to $26,373,696.22).

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

  • Final Collection Date means the Business Day following the termination of purchases under this Agreement on which all amounts to which the Purchasers shall be entitled in respect of Purchased Receivables and all other amounts owing to the Administrative Agent and the Purchasers hereunder and under the other Purchase Documents are paid in full.

  • Transfer Date means, in relation to a transfer, the later of:

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

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Capitalized Interest Account Initial Deposit means $1,733,333.78 deposited on the Closing Date.

  • the transfer date means 1 September 1989;

  • Required Spread Account Amount means, for the March 2012 Payment Date and the April 2012 Payment Date, zero, and for any Payment Date thereafter, the product of (i) the Spread Account Percentage in effect on such date and (ii) during (x) the Revolving Period, the Collateral Amount, and (y) during the Controlled Accumulation Period or the Early Amortization Period, the Collateral Amount as of the last day of the Revolving Period; provided that, prior to the occurrence of an Event of Default and acceleration of the Series 2012-1 Notes, the Required Spread Account Amount will never exceed the Class C Note Principal Balance (after taking into account any payments to be made on such Payment Date).

  • Monthly Principal Reallocation Amount means, for any Monthly Period, an amount equal to the sum of:

  • Yield Supplement Account Deposit means the initial deposit of cash in the amount of $[_________] made by or on behalf of the Seller into the Yield Supplement Account on the Closing Date.

  • Initial Reserve Account Deposit Amount means an amount equal to $1,030,941.16.

  • Fund Deposit means the deposit of funds transferred by the Client or the Client's Authorized person and credited to the Company Account for transfer to the Client's Account.

  • 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).

  • Transfer Deposit Amount has the meaning given to it in Section 2.02(b).

  • Required Reserve Fund Deposit With respect to any Distribution Date on which the Net Excess Spread is less than 0.25%, the amount, if any by which (a) the product of 1.00% and the Aggregate Pool Balance for such date exceeds (b) the amount on deposit in the Basis Risk Reserve Fund immediately prior to such date. With respect to any Distribution Date on which the Net Excess Spread is equal to or greater than 0.25%, the amount, if any, by which (i) $1,000 exceeds the amount on deposit in the Basis Risk Reserve Fund immediately prior to such date; provided, however, that on any Distribution Date on which the Class Principal Amount of each Class of Offered Certificates, the Class B1 Certificates and the Class B2 Certificates has been reduced to zero, the Required Reserve Fund Deposit shall be zero.

  • Controlled Deposit Amount means, with respect to any Transfer Date, the sum of (a) the Controlled Accumulation Amount for such Transfer Date and (b) any existing Accumulation Shortfall.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Required Daily Deposit Target Finance Charge Amount means, for any day in a Due Period, an amount equal to the Class A Tranche Interest Allocation for the related Distribution Date; provided, however, that for purposes of determining the Required Daily Deposit Target Finance Charge Amount on any day on which the Class A Tranche Interest Allocation cannot be determined because the LIBOR Determination Date for the applicable Interest Accrual Period has not yet occurred, the Required Daily Deposit Target Finance Charge Amount shall be the Class A Tranche Interest Allocation determined based on a pro forma calculation made on the assumption that LIBOR will be LIBOR for the applicable period determined on the first day of such calendar month, multiplied by 1.25.

  • 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.

  • Reserve Fund Deposit With respect to the Reserve Fund, an amount equal to $5,000, which the Depositor shall initially deposit into the Reserve Fund pursuant to Section 3.21 hereof.

  • Group II Principal Remittance Amount With respect to any Distribution Date, the sum of the amounts described in clauses (i) through (iii) of the definition of Group II Principal Distribution Amount.

  • Yield Supplement Account means the account designated as such, and established and maintained pursuant to Section 4.01.