Funding of Debt Service Reserve Account. (A) The Original Borrower shall ensure on an ongoing basis that deposits are made into the Debt Service Reserve Account in accordance with the Cash Waterfall until the balance of such account is not less than the Required Balance. The funding of the Debt Service Reserve Account shall continue in accordance with the Cash Waterfall until the Discharge Date.
Funding of Debt Service Reserve Account. (A) Kosmos shall ensure on an ongoing basis that deposits are made into the Debt Service Reserve Account in accordance with the Cash Waterfall until the balance of such account is not less than the Required Balance. The funding of the Debt Service Reserve Account shall continue in accordance with the Cash Waterfall until the Discharge Date.
Funding of Debt Service Reserve Account after making the withdrawals specified in clauses (i) through (v) above, (A) on the Additional Funding Date and on each Repayment Date withdraw and transfer for deposit in the Debt Service Reserve Account (x) at all times prior to the initial withdrawal of funds from the Debt Service Reserve Account, fifty percent (50%) of the Available Cash Flow and (y) at all times after the initial withdrawal of funds from the Debt Service Reserve Account, one hundred percent (100%) of the Available Cash Flow, in each case until such time that the amount on deposit in the Debt Service Reserve Account, when taken together with the undrawn portion of the Debt Service Line of Credit Facility Commitment, equals the Debt Service Required Balance and, (B) if on any Repayment Date the Debt Service Coverage Ratio, delivered on the immediately preceding Calculation Delivery Date pursuant to Section 5.2 is less than 1.25:1.00, withdraw and transfer for deposit in the Debt Service Reserve Account, in addition to the amounts deposited pursuant to clause (A) above, fifty percent (50%) of the Available Cash Flow remaining after making the withdrawals specified in clause (A) above, up to such amounts as shall cause the Additional Debt Service Required Balance to be deposited in the Debt Service Reserve Account (not including amounts that are counted towards the Debt Service Required Balance); provided, however, that amounts on deposit in the Debt Service Reserve Account representing the Additional Debt Service Required Balance shall be withdrawn from the Debt Service Reserve Account for deposit in the Project Account if the Debt Service Coverage Ratio is at least 1.25:1.00 for two consecutive Calculation Delivery Dates occurring after such amounts have been deposited into the Debt Service Reserve Account; otherwise, the amount 64
Funding of Debt Service Reserve Account. The Borrower shall have provided the Lender and the Agent evidence that, prior to the Closing Date, ADMA Biologics shall have deposited into the Debt Service Reserve Account an amount not less than $5,500,000.
Funding of Debt Service Reserve Account. (JJ) The Original Borrower shall ensure on an ongoing basis that deposits are made into the Debt Service Reserve Account in accordance with the Cash Waterfall until the balance of such account is not less than the Required Balance. The funding of the Debt Service Reserve Account shall continue in accordance with the Cash Waterfall until the Discharge Date.
Funding of Debt Service Reserve Account. Borrower shall have funded the Debt Service Reserve Account in accordance with the Depositary Agreement, caused the issuance of a DSR Letter of Credit for the benefit of Collateral Agent (acting for the benefit of the Lenders) and/or provided an Acceptable Guarantee or Acceptable Letter of Credit for the benefit of Collateral Agent (acting for the benefit of the Lenders) in an aggregate amount equal to the Debt Service Reserve Requirement.
Funding of Debt Service Reserve Account on Each Quarterly Date. On the Quarterly Date next succeeding the Closing Date (or, pursuant to Section 4.1, the corresponding Business Day) and on each subsequent Quarterly Date (or corresponding Business Day) thereafter, the Debt Service Reserve Account shall be funded via priority FIFTH of Section 4.1(b) in an amount equal to the difference between the Debt Service Reserve Required Amount on such date and the then-current balance of the Debt Service Reserve Account; provided, however, that additional deposits to the Debt Service Reserve Account may from time to time be made pursuant to Section 4.1(e).
Funding of Debt Service Reserve Account. The Debt Service Reserve Account shall have been funded to an amount equal to or greater than the Required Debt Service Reserve Amount (as defined in the Depositary Agreement).
