Common use of Debt Service Reserve Clause in Contracts

Debt Service Reserve. The Debt Service Reserve Account shall have been fully funded (or Reserve Letters of Credit shall have been posted in lieu thereof).

Appears in 2 contracts

Samples: Common Agreement (Beacon Power Corp), Common Agreement (Beacon Power Corp)

AutoNDA by SimpleDocs

Debt Service Reserve. The Debt Service Reserve Account shall have has been fully funded (or Reserve Letters of Credit shall have been posted in lieu thereof).

Appears in 2 contracts

Samples: Common Agreement (Beacon Power Corp), Common Agreement (Beacon Power Corp)

AutoNDA by SimpleDocs

Debt Service Reserve. The Debt Service Reserve Account shall have been is fully funded (or the Debt Service Reserve Letters of Credit shall have been posted in lieu thereof).

Appears in 1 contract

Samples: Common Agreement (Solyndra, Inc.)

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