Common use of Debt Service Reserve Account Clause in Contracts

Debt Service Reserve Account. Evidence that the Debt Service Reserve Account has been opened and is funded with the DSRA Required Balance.

Appears in 3 contracts

Samples: Bpifae Facility Agreement (Globalstar, Inc.), Coface Facility Agreement (Globalstar, Inc.), Coface Facility Agreement (Globalstar, Inc.)

AutoNDA by SimpleDocs

Debt Service Reserve Account. Evidence that the Debt Service Reserve Account has been opened is open and is funded with the DSRA Required Balance.

Appears in 1 contract

Samples: Second Lien Facility Agreement (Globalstar, Inc.)

AutoNDA by SimpleDocs

Debt Service Reserve Account. Evidence that the Debt Service Reserve Account has been opened and is funded with the DSRA Required BalanceBalance (including by way of making available the Supplier Guarantee).

Appears in 1 contract

Samples: Coface Facility Agreement (Globalstar, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!