Debt Service Payment Account definition

Debt Service Payment Account as defined in the Depositary Agreement.

Debt Service Payment Account. As defined in the Collateral Agency Agreement.

Debt Service Payment Account. The Project Account created under clause (vi) of Section A.1(a) of Appendix A to the Common Agreement.

Examples of Debt Service Payment Account in a sentence

• No later than on the Project Completion Date, the Sponsor shall make, or cause the Parent to make, an Equity Contribution, to be deposited in the Debt Service Payment Account, in the amount necessary, if any, for the Borrower to make in full the Mandatory Prepayment contemplated by Section 3.06(c)(x) (Project Completion Prepayment) of the Loan Agreement, after giving effect to the transfer contemplated in Section 2.10(c) (Construction Reserve Account) of the Accounts Agreement.

• Unless otherwise expressly provided in the Financing Documents, (i) any amounts required to be transferred from the Borrower Revenue Account to the Debt Service Payment Account pursuant to Section 2.06(c) (Transfers from the Revenue Account), and (ii) any amounts transferred from other Project Accounts or Company Accounts to fund shortfalls in accordance with Section 2.07(c) (Debt Service Payment Account Shortfalls), in each case, shall be deposited into the Debt Service Payment Account.

More Definitions of Debt Service Payment Account

Debt Service Payment Account has the meaning set forth in Section 2.4.3.

Debt Service Payment Account means the “Debt Service Payment Account” established and created with the Depositary Bank pursuant to Section 2.01(a) (

Debt Service Payment Account has the meaning given to such term in Section 1.01(c) (Definitions) of the Accounts Agreement.

Debt Service Payment Account. The account set forth in Section 3.1 of the Depositary Agreement.

Debt Service Payment Account has the meaning given to such term in the Project Accounts Agreement.

Debt Service Payment Account means the Account of such name established pursuant to the Depositary Agreement and held under account number 6800 0603 04.

Debt Service Payment Account means the Collateral Account of such name established pursuant to Section 2.2(c).