Yield Supplement Account Deposit definition
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.
Yield Supplement Account Deposit means $_____________.
Yield Supplement Account Deposit means the initial deposit by the Seller into the Yield Supplement Account on the Closing Date of $2,339,486 (which amount is equal to the Specified Yield Supplement Account Balance as of the Cut-off Date).
Examples of Yield Supplement Account Deposit in a sentence
On the Closing Date, the Seller will deposit the Yield Supplement Account Deposit to the Yield Supplement Account from the net proceeds of the sale of the Notes.
More Definitions of Yield Supplement Account Deposit
Yield Supplement Account Deposit means the initial deposit of cash in the amount of $_____________ made by the Transferor into the Yield Supplement Account on the Closing Date.
Yield Supplement Account Deposit means, with respect to each Subsequent Transfer Date, an amount equal to the Required Yield Supplement Account Balance applicable to such Subsequent Transfer Date minus any amount then on deposit in the Yield Supplement Account.
Yield Supplement Account Deposit shall have the meaning specified in the Agreement, which is, as of the Closing Date, the net present value (discounted at the Discount Rate) of the aggregate amount as of the Cutoff Date by which interest on the Principal Balance of each Discount Receivable for the remaining term of such Receivable (assuming no prepayments or delinquencies) at a rate equal to the Required Rate exceeds interest at the APR of such Receivable; provided, that each Yield Supplement Deposit Amount that would result from such aggregate amount and such assumptions shall be discounted at the Discount Rate from the Distribution Date on which such amount would be required to be withdrawn to the Closing Date.
Yield Supplement Account Deposit means the aggregate amount as of the Cut-off Date by which interest on the Principal Balance of each Discount Receivable for the remaining term of such Receivable (assuming no prepayments or delinquencies) at a rate equal to the Required Rate exceeds interest on such Receivable; provided that such aggregate amount may be discounted at a rate to be specified in the Agreement.
Yield Supplement Account Deposit means $[__________].