Yield Supplement Account Initial Deposit definition
Examples of Yield Supplement Account Initial Deposit in a sentence
Pursuant to Section 2.5 of the Trust Agreement, on the Closing Date, the Owner Trustee shall deposit the Yield Supplement Account Initial Deposit into the Yield Supplement Account.
The Depositor hereby sells, assigns, transfers, conveys and sets over to the Owner Trustee, as of the date hereof, the Reserve Account Initial Deposit and the Yield Supplement Account Initial Deposit.
The Reserve Account Initial Deposit shall be deposited in the Reserve Account pursuant to Section 5.7(a) of the Sale and Servicing Agreement and the Yield Supplement Account Initial Deposit shall be deposited in the Yield Supplement Account pursuant to Section 5.6(a) of the Sale and Servicing Agreement.
On the Closing Date, the Depositor shall deposit the Yield Supplement Account Initial Deposit into the Yield Supplement Account.
On the Closing Date and on each Subsequent Transfer Date, the Seller shall deposit the applicable Yield Supplement Account Initial Deposit into the Yield Supplement Account.
On the Closing Date, the Depositor shall deposit the Yield Supplement Account Initial Deposit into the Yield Supplement Account from the net proceeds of the sale of the Notes.
On the Closing Date, the Transferor will deposit the Yield Supplement Account Initial Deposit into the Yield Supplement Account from the net proceeds of the sale of the Initial Receivables.
The Depositor hereby sells, assigns, transfers, conveys and sets over to the Owner Trustee, as of the date hereof, the Reserve Account Initial Deposit [and the Yield Supplement Account Initial Deposit].
The Reserve Account Initial Deposit shall be deposited in the Reserve Account pursuant to Section 5.7(a) of the Sale and Servicing Agreement [and the Yield Supplement Account Initial Deposit shall be deposited in the Yield Supplement Account pursuant to Section 5.6(a) of the Sale and Servicing Agreement].
On or prior to the Closing Date, the Owner Trustee, on behalf of the Seller, shall deposit the Yield Supplement Account Initial Deposit into the Yield Supplement Account from the net proceeds of the sale of the Securities.