Permitted Withdrawals from the Debt Service Account Sample Clauses

Permitted Withdrawals from the Debt Service Account. Subject to Clause 13 (General Rule Regarding Excess Balances), on each Payment Date, and on each other date on which any payments in respect of Debt Service are required to be made, the Borrower shall withdraw funds from the Debt Service Account to pay such amounts then due and payable to the Finance Parties, but not otherwise.
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