Common use of Required Reserve Account Amount Clause in Contracts

Required Reserve Account Amount. Lesser of: (a or b) a. $0.00 $

Appears in 3 contracts

Sources: Sale and Servicing Agreement (CarMax Auto Owner Trust 2014-4), Sale and Servicing Agreement (CarMax Auto Owner Trust 2014-2), Sale and Servicing Agreement (CarMax Auto Owner Trust 2013-4)

Required Reserve Account Amount. Lesser of: (a or b) a. $0.00 3,125,000.09 $

Appears in 2 contracts

Sources: Sale and Servicing Agreement (Carmax Auto Funding LLC), Sale and Servicing Agreement (Carmax Auto Funding LLC)

Required Reserve Account Amount. Lesser of: (a or b) a. $0.00 2,337,500.07 $ b. Note Balance $

Appears in 1 contract

Sources: Sale and Servicing Agreement (Carmax Auto Funding LLC)

Required Reserve Account Amount. Lesser of: (a or b) a. $0.00 2,500,000.06 $

Appears in 1 contract

Sources: Sale and Servicing Agreement (CarMax Auto Owner Trust 2012-3)

Required Reserve Account Amount. Lesser of: (a or b) a. $0.00 2,500,000.00 $

Appears in 1 contract

Sources: Sale and Servicing Agreement (CarMax Auto Owner Trust 2013-3)