Class I Debt Service Fund definition

Class I Debt Service Fund means the Fund so designated, which is created and established by the Master Indenture.
Sample 1Sample 2Sample 3
Class I Debt Service Fund means the Fund so designated, which is created and established by Section 5.1 of this Master Indenture.
Sample 1Sample 2Sample 3

Examples of Class I Debt Service Fund in a sentence

  • Amounts remaining in each subaccount of the Class I Debt Service Fund after all the Related Class I Obligations have been paid or funds have been set aside and held in trust for such payment shall be transferred to the Related subaccount of the Revenue Fund.

  • The amounts credited to the Acquisition Account, the Revenue Account, the Debt Service Reserve Fund, the Class I Debt Service Fund, the Class II Debt Service Fund, the Class III Debt Service Fund, the Class IV Debt Service Fund (as applicable) the Redemption Fund (including all subaccounts) and the Short Term Bond Account.

  • The following subaccounts are hereby created and established as special trust funds within the Funds and Accounts created and established pursuant to the Master Indenture: the Series 2018BB subaccount of the Acquisition Account; the Series 2018BB subaccount of the Costs of Issuance Account; the Series 2018BB subaccount of the Revenue Fund; the Series 2018BB subaccount of the Class I Debt Service Fund; and the Series 2018BB subaccount of the Class I Special Redemption Account.

  • The amounts credited to the Acquisition Account, the Revenue Account, the Debt Service Reserve Fund, the Class I Debt Service Fund, the Class II Debt Service Fund, the Class III Debt Service Fund, the Redemption Fund (including all subaccounts) and the Short Term Bond Account.

  • The amount and type of assets (and, if applicable, the rate and maturity date of such assets) credited to the Acquisition Account, the Revenue Account, the Loan Recycling Account, the Class I Debt Service Fund, the Class II Debt Service Fund, the Class III Debt Service Fund, the Redemption Fund, the Short Term Bond Account and the various subaccounts in each of the above-referenced funds or accounts; and the current amount of assets credited to the Debt Service Reserve Fund and its various subaccounts.

Related to Class I Debt Service Fund

  • Debt Service Fund means the fund so designated in, and created pursuant to, Section 502 hereof.

  • Debt Service Reserve Fund means the fund by that name established pursuant to the Second Resolution.

  • Debt Service Account means the Debt Service Account for General Obligation Temporary Notes, Series 2017-1 (within the Bond and Interest Fund) created pursuant to Section 501 hereof.

  • Debt Service Reserve Fund Requirement means, with respect to the 2022 Series A Bonds and as of each determination date, an amount equal to maximum annual debt service on the 2022 Series A Bonds Outstanding from time to time and, with respect to any other Series of Bonds, the amount set forth in the Related Series Indenture.

  • Debt Service means, with respect to any particular period of time, scheduled principal and interest payments under the Note.

  • Interest Reserve Account As defined in Section 3.4(d).

  • Annual Debt Service as of any date means the maximum amount which is expensed in any 12-month period for interest on Debt of the Company and its Subsidiaries, excluding amortization of debt discounts and deferred financing costs.

  • Reserve Account Funding Date means the Payment Date selected by the Servicer on behalf of the Issuer which occurs not later than the earliest of the Payment Date with respect to the Monthly Period which commences three months prior to the commencement of the Controlled Accumulation Period (which commencement shall be subject to postponement pursuant to Section 4.13); provided, however, that if the Rating Agency Condition is satisfied, the Issuer may postpone the Reserve Account Funding Date.

  • Annual Debt Service Charge as of any date means the amount which is expensed in any 12-month period for interest on Debt of the Company and its Subsidiaries.