Supplemental Reserve Account. In accordance with this Indenture and the Securities Account Control Agreement, the Issuer shall, on or prior to the Closing Date, cause the Trustee to establish at the Custodian a single, segregated non-interest bearing trust account held in the name of the Trustee, for the benefit of the Secured Parties, which shall be designated as the “Supplemental Reserve Account,” which shall be held by the Custodian in accordance with the Securities Account Control Agreement. Contributions of Cash or Eligible Investments, any amounts in connection with an additional issuance of Subordinated Notes only and amounts designated for deposit into the Supplemental Reserve Account pursuant to Section 11.1(a)(i)(L) will be deposited into the Supplemental Reserve Account and transferred to the Collection Account at the written direction of the Collateral Manager to the Trustee for a Permitted Use designated by the applicable Contributor or the Collateral Manager, as applicable, in such written direction.
Supplemental Reserve Account. In accordance with this Indenture and the Securities Account Control Agreement, prior to the 2024 Closing Date, the Collateral Trustee established at the Custodian a single, segregated non-interest bearing trust account held in the name of the Collateral Trustee, in trust for the benefit of the Secured Parties, designated as the "Supplemental Reserve Account", which shall be maintained with the Custodian in accordance with the Securities Account Control Agreement. Amounts in the Supplemental Reserve Account will be invested in Eligible Investments that will mature on or before the Business Day prior to the next Payment Date at the direction of the Collateral Manager pursuant to Section 10.6 (Reinvestment of Funds in Accounts; Reports by Collateral Trustee). Any income earned on amounts deposited in the Supplemental Reserve Account will be deposited in the Supplemental Reserve Account as it is received or, at the discretion of the Collateral Manager, the Interest Collection Subaccount as Interest Proceeds. Amounts on deposit in the Supplemental Reserve Account may be transferred to the Collection Account at the written direction of the Collateral
Supplemental Reserve Account. In accordance with this Indenture and the Securities Account Control Agreement, the Issuer shall, prior to the Closing Date, cause the Trustee to establish at the Custodian a single, segregated non-interest bearing trust account held in the name of the Trustee, for the benefit of the Secured Parties, which shall be designated as the “Supplemental Reserve Account,” which shall be held by the Custodian in accordance with the Securities Account Control Agreement. Contributions of Cash and Eligible Investments and amounts designated for deposit into the Supplemental Reserve Account pursuant Section 11.1(a)(i)(L) will be deposited into the Supplemental Reserve Account and transferred to the Collection Account at the written direction of the Collateral Manager to the Trustee for any Permitted Use at the Collateral Manager’s reasonable discretion.
Supplemental Reserve Account. Borrower shall deposit, or cause to be deposited, in the Supplemental Reserve Account, (i) an amount equal to the Supplemental Reserve Funding Amount from the Funding Account in accordance with the Closing Date Funds Flow Memorandum and pursuant to Section 4.02(f) (Funding Account), (ii) all amounts transferred from the Collections Account pursuant to Section 4.02(a)(vii) (Collections Account) and (iii) all Tax Equity Option Contribution Amounts.
Supplemental Reserve Account. In accordance with this Indenture and the Securities Account Control Agreement, the Collateral Trustee shall, prior to the Closing Date, establish at the Custodian a single, segregated non‑interest bearing trust account held in the name of the Collateral Trustee, in trust for the benefit of the Secured Parties, which shall be designated as the “Supplemental Reserve Account”, which shall be maintained with the Custodian in accordance with the Securities Account Control Agreement. Amounts in the Supplemental Reserve Account will be invested in Eligible Investments that will mature on or before the Business Day prior to the next Payment Date at the direction of the Collateral Manager pursuant to Section 10.6 (
Supplemental Reserve Account. In accordance with this Indenture and the Securities Account Control Agreement, the Issuer shall, prior to the Closing Date, cause the Trustee to establish at the Custodian a single, segregated non-interest bearing trust account held in the name of the Issuer, subject to the lien of the Trustee, for the benefit of the Secured Parties, which shall be designated as the “Supplemental Reserve Account,” which shall be held by the Custodian in accordance with the Securities Account Control Agreement. The Issuer shall direct the Trustee to deposit the amount specified in Section 3.1(xi)(C) to the Supplemental Reserve Account. Contributions of Cash or Eligible Investments, any amounts in connection with an additional issuance of Subordinated Notes only and amounts designated for deposit into the Supplemental Reserve Account pursuant to Section 11.1(a)(i)(I) and proceeds from an additional issuance of only Subordinated Notes as described in Section 2.13(a) will be deposited into the Supplemental Reserve Account and transferred to the Collection Account at the written direction of the Collateral Manager to the Trustee for a Permitted Use designated by the applicable Contributor or the Collateral Manager, as applicable, in such written direction.
Supplemental Reserve Account. In accordance with this Indenture and the Securities Account Control Agreement, the Trustee shall, prior to the Closing Date, establish at the Custodian a single, segregated non-interest bearing account held in the name of the Issuer, subject to the lien of the Trustee, for the benefit of the Secured Parties, which shall be designated as the “Supplemental Reserve Account”, which shall be maintained with the Custodian in accordance with the Securities Account Control Agreement. Contributions and other amounts designated for deposit into the Supplemental Reserve Account pursuant to Section 11.1(a)(i)(R), Section 11.1(a)(iv)(C), Section 11.1(h), Section 2.13(a)(vi) and Section 2.13(d) will, in each case, be deposited into the Supplemental Reserve Account and transferred to the Collection Account at the written direction of the Collateral Manager to the Trustee for a Permitted Use designated by the Collateral Manager in such written direction; provided that any such Contributions or other amounts that are designated as Principal Proceeds may not subsequently be re-designated as Interest Proceeds. Any income earned on amounts deposited in the Supplemental Reserve Account will be deposited in the Interest Collection Subaccount as Interest Proceeds as it is received.
