DEBT RESERVE ACCOUNT. The Administrative Agent, acting in accordance with Section 8.8, shall on the Conversion Date deposit into the Debt Reserve Account (to the extent that cash is available for such purpose) the Debt Reserve Required Balance and thereafter the Administrative Agent shall deposit amounts into the Debt Reserve Account from amounts on deposit in the Revenue Account as specified in Section 8.12(b).
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Samples: Credit Agreement (Flag Telecom Holdings LTD), Credit Agreement (Global Telesystems Group Inc), Credit Agreement (Flag Telecom Holdings LTD)
DEBT RESERVE ACCOUNT. The Administrative Agent, acting in accordance with Section 8.8, shall on the Conversion Date deposit into the Debt Reserve Account (to the extent that cash is available for such purpose) the Debt Reserve Required Balance and thereafter the Administrative Agent shall deposit amounts into the Debt Reserve Account from amounts on deposit in the Revenue Account as specified in Section 8.12(b8.11(b).
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