Common use of VAT Account Clause in Contracts

VAT Account. The Administrative Agent shall deposit amounts into the VAT Account from amounts on deposit in the Revenue Account as specified in Section 8.12(a)(i) and from amounts on deposit in the Pre-Sale Proceeds Account as specified in Section 8.8(a).

Appears in 3 contracts

Samples: Credit Agreement (Flag Telecom Holdings LTD), Credit Agreement (Flag Telecom Holdings LTD), Credit Agreement (Global Telesystems Group Inc)

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VAT Account. The Administrative Agent shall deposit amounts into the VAT Account from amounts on deposit in the Revenue Account as specified in Section 8.12(a)(i8.11(a)(i) and from amounts on deposit in the Pre-Sale Proceeds Account as specified in Section 8.8(a).

Appears in 1 contract

Samples: Credit Agreement (Flag Telecom Holdings LTD)

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