Common use of Replenishment of Debt Service Reserve Fund Clause in Contracts

Replenishment of Debt Service Reserve Fund. The Borrower agrees to make payments sufficient to restore the Debt Service Reserve Fund to the Debt Service Reserve Fund Requirement (a) in 12 consecutive equal monthly installments beginning in the month following any withdrawal from the Debt Service Reserve Fund which causes the amount therein to be less than the Debt Service Reserve Fund Requirement, or (b) in four consecutive equal monthly installments beginning in the month following any calculation of the value of the Debt Service Reserve Fund at an amount less than the Debt Service Reserve Fund Requirement.