Capex Reserve Account means the account so designated opened and maintained in accordance with the Accounts Agreement, in the name of the Issuer, with the Lead Account Bank;
Capex Reserve Account shall have the meaning set forth in Section 7.4.1 hereof.
Capex Reserve Account means the account designated by the Borrowers as a Capex Reserve Account the details of which are notified to the Mandated Lead Arrangers in accordance with paragraph 12(1) of Part III of Schedule 2 (Conditions precedent to Signing) into which funds may be deposited by the Borrowers from time to time and may be withdrawn for the purpose of applying such funds to any capital expenditure.
Examples of Capex Reserve Account in a sentence
The terms of the Cash Management Agreement will be set out in the definitive long form documents to the extent not provided for or described in this term 235 sheet, and will largely be mechanical in nature, ensuring that the Jamalco Collection Account and the Capex Reserve Account operate in accordance with the waterfall and other applicable terms of this term sheet.
More Definitions of Capex Reserve Account
Capex Reserve Account means the Dollar account of the Lessee opened and maintained, or as the context may require, to be opened by the Lessee with the Lessee Account Bank with account number as listed in the schedule to the Account Charge and designated by the Lessor to be the "Capex Reserve Account" and includes any redesignation and each sub-account thereof.
Capex Reserve Account shall have the meaning given such term in the Priority Intercreditor Agreement.
Capex Reserve Account has the meaning given to that term in the Cash Management Agreement.
Capex Reserve Account means a segregated account opened in the name of the Borrower with RBS and designated with account number .
Capex Reserve Account means the account to be opened in the name of the Company with Zenith Bank and the details of which shall be communicated by the Company to all parties within 15 days of the date hereof. "Capex Forecast" has the meaning given to such term set out in Clause 6.2.1 (Payments prior to enforcement). "Cash Sweep Account" means the account to be opened in the name of the Company with Zenith Bank and the details of which shall be communicated by the Company to all parties within 15 days of the date hereof. "Close Family Member of a Public Official" means a spouse, one of his/her children or parents.
Capex Reserve Account has the meaning specified in Section 14.01.
Capex Reserve Account means the separate account established by the Borrower with the Administrative Agent to be funded as set forth in Section 5.01(y) of the Credit Agreement and otherwise conforming to the requirements of such Section 5.01(y).