Additional Deposit Amount definition

Additional Deposit Amount shall have the meaning set forth in Recital B of this Agreement.
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Additional Deposit Amount means the First Additional Deposit Amount or the Second Additional Deposit Amount.
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Additional Deposit Amount means USD 50,000,000.
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Examples of Additional Deposit Amount in a sentence

  • The Lender shall hold and disburse the Additional Deposit Amount in accordance with Program Obligations and this Agreement, in the form of  cash, and/or  one or more unconditional irrevocable letter(s) of credit issued to Lender by a banking institution, attached hereto as Exhibit C.

  • The Initial Deposit Amount and all amounts held in escrow at any time (including the Additional Deposit Amount together with interest earned thereon while held by the Escrow Agent) shall be referred to in this Agreement as the “Escrow Fund”).

  • The Repair Work Escrow, Additional Deposit Amount and Cash Out Proceeds may, at HUD’s sole direction, be subject to immediate application to the Indebtedness if an Event of Default by Borrower occurs at any time.

  • In the event that the Deferred Repairs Estimate Amount is not sufficient for completion of the work, subsequent disbursements shall be made from the Additional Deposit Amount until the work is completed..

  • In addition, $______________, consisting of not less than twenty percent (20%) [ ] {insert different percentage if permitted by Program Obligations} of the estimated cost of the Deferred Repairs, has been deposited by Borrower with Lender in the form of ________________ (cash and/or letter of credit), or subject to the control and order of Lender with a depository institution satisfactory to Lender in accordance with Program Obligations, and is hereby included in the Escrow (Additional Deposit Amount).

  • If Buyer has already increased its deposit by the Additional Deposit Amount such that the Title Company is holding the Increased Deposit, then if the Closing does not occur on or before the Closing Date without fault by the Seller, then the Title Company as escrow holder shall within two (2) business days after the scheduled Closing Date, return pay the Buyer's Increased Deposit over to the Seller as liquidated damages.

  • In addition, $______________, consisting of not less than twenty percent (20%) [ ] {insert different percentage if permitted by Program Obligations} of the estimated cost of the Deferred Work, has been deposited by Borrower with Lender in the form of ________________ (cash and/or letter of credit), or subject to the control and order of Lender with a depository institution satisfactory to Lender in accordance with Program Obligations, and is hereby included in the Escrow (Additional Deposit Amount).

  • In the event that the Deferred Limited Rehabilitation Estimate ▇▇▇▇▇▇ is not sufficient for completion of the work, subsequent disbursements will be made from the Additional Deposit Amount until the work is completed.


More Definitions of Additional Deposit Amount

Additional Deposit Amount means with respect to any Notes, as applicable, the First Additional Deposit Amount or the Second Additional Deposit Amount with respect to such Notes.
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Additional Deposit Amount shall have the meaning set forth in Section 2.2(a).
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Related to Additional Deposit Amount

  • Initial Deposit Amount means the Issuing Entity’s deposit to the Reserve Account, on or before the Closing Date, of $[•].

  • Additional Deposit shall have the meaning set forth in Section 2.2.2.

  • Deposit Amount is the amount GLAIC credits to the Accumulation Fund on the Deposit Date as set forth in the Accumulation Fund Schedule.

  • Transfer Deposit Amount has the meaning given to it in Section 2.02(b).

  • Controlled Deposit Amount means, for any Distribution Date with respect to the Controlled Accumulation Period, an amount equal to the sum of the Controlled Accumulation Amount for such Distribution Date and any Deficit Controlled Accumulation Amount for the immediately preceding Distribution Date.