Spread Account Deficiency definition

Spread Account Deficiency means the excess, if any, of the Required Spread Account Amount over the Available Spread Account Amount.

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Spread Account Deficiency means the excess, if any, of the Required Spread Account Amount over the Available Spread Account Amount.]

Spread Account Deficiency means, with respect to any applicable date, that the balance on deposit in immediately available funds in the Spread Account is less than the Requisite Amount for such date.

Examples of Spread Account Deficiency in a sentence

The aggregate deposit targeted to be made to the Spread Account with respect to each Distribution Date is equal to the Spread Account Deficiency.
If, after giving effect to the deposits specified in clauses (i), (ii) and (iii) of this paragraph (f) of Section 4.11, there is still a Spread Account Deficiency, Investment Earnings on the Spread Account shall be held and not distributed pursuant to Section 4.11(b) until such Spread Account Deficiency is reduced to zero through subsequent deposits pursuant to Section 4.04(a)(viii) and clauses (ii) and (iii) of this Section 4.11(f).
Upon the Collateral Agent's receipt of a Sub-Pool H Spread Account Deficiency Notice, the Collateral Agent shall transfer, and the Pledgor hereby directs the Collateral Agent to transfer, subject to the limit of the amount available in the Sub-Pool H Spread Account, the amount of the Shortfall from the Sub-Pool H Spread Account to the Sub-Pool H Collection Account.
Upon the Collateral Agent's receipt of a Sub-Pool C Spread Account Deficiency Notice, the Collateral Agent shall transfer, and the Pledgor hereby directs the Collateral Agent to transfer, subject to the limit of the amount available in the Sub-Pool C Spread Account, the amount of the Shortfall from the Sub-Pool C Spread Account to the Sub-Pool C Collection Account.
Upon the Collateral Agent's receipt of a -------------------- Spread Account Deficiency Notice, the Collateral Agent shall transfer, and the Pledgor hereby directs the Collateral Agent to transfer, subject to the limit of the amount available in the Spread Account, the amount of the Shortfall from the Spread Account to the Collection Account.

More Definitions of Spread Account Deficiency

Spread Account Deficiency means the excess, if any, of the Required Spread Account Amount over the Available Spread Account Amount. “Spread Account Percentage” means, for any Distribution Date, (i) 0.00% if the Quarterly Excess Spread Percentage on such Distribution Date is

Spread Account Deficiency are added to Section 1.01 of the Indenture:

Spread Account Deficiency is defined in Section 4.15(a).

Spread Account Deficiency means the excess, if any, of the Required Spread Account Amount over the Available Spread Account Amount. “Spread Account Percentage” is defined in the applicable Class B Note Purchase Agreement.