Common use of Reserve Account Initial Deposit Clause in Contracts

Reserve Account Initial Deposit. Cash or Eligible Investments having a value of at least the amount set forth in Part IV to this Appendix A.

Appears in 13 contracts

Sources: Receivables Purchase Agreement (Carvana Auto Receivables Trust 2022-P1), Receivables Purchase Agreement (Carvana Auto Receivables Trust 2022-P1), Receivables Purchase Agreement (Carvana Auto Receivables Trust 2021-P4)

Reserve Account Initial Deposit. Cash or Eligible Investments having a value of at least the amount set forth in Part IV to this Appendix A.$[ ].

Appears in 2 contracts

Sources: Receivables Purchase Agreement (Carvana Receivables Depositor LLC), Receivables Purchase Agreement (Carvana Receivables Depositor LLC)