Debt Service Reserve Fund definition

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

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Debt Service Reserve Fund means the Fund so designated and established by Article V

Debt Service Reserve Fund means the Debt Service Reserve Fund, if any, as defined in the Bond Resolution.

Examples of Debt Service Reserve Fund in a sentence

The payments provided for in Section 3.1 hereof shall be made by any reasonable method providing immediately available funds at the time and place of payment directly to the Bond Trustee for the account of the Issuer and shall be deposited in the Debt Service Fund or the Debt Service Reserve Fund, as appropriate.
The Borrower agrees that any transfer from the Debt Service Reserve Fund to the Debt Service Fund pursuant to this paragraph shall not be construed as preventing, waiving or curing any nonpayment of any payments required under Section 3.1(c) of the Loan Agreement until the amount of such deficiency has been restored.
Investments in the Debt Service Reserve Fund shall mature in five years or less or shall provide for liquidation at par when needed to make payments hereunder.
If, on any Interest Payment Date, the amounts in the applicable accounts of the Debt Service Reserve Fund are less (based on the valuation required pursuant to Section 5.5(c) hereof) than the Debt Service Reserve Fund Requirement, the Trustee shall request the Borrower to fulfill its obligations under Section 3.1(g) of the Loan Agreement and shall deposit upon receipt any moneys delivered pursuant thereto to the Debt Service Reserve Fund.
No withdrawal from the Debt Service Reserve Fund to make up for a deficiency in the Debt Service Fund shall be deemed to cure any failure by the Borrower to pay or cause to be paid the amounts required by Section 3.1(c hereof when due.

More Definitions of Debt Service Reserve Fund

Debt Service Reserve Fund means the Debt Service Reserve Fund created and established pursuant to Section 4.2 of this Indenture.

Debt Service Reserve Fund means the Fund so designated, which is created and established by the Master Indenture.

Debt Service Reserve Fund means the fund so designated, created and established pursuant to Section 5.02 hereof.

Debt Service Reserve Fund means the Fund so designated, which is created and established by the Master Indenture. See "Debt Service Reserve Fund" under this caption.

Debt Service Reserve Fund means the fund by the name created in Section 4.1 of this Ordinance.

Debt Service Reserve Fund means the Fund so designated which is established pursuant to Section 6.05 hereof.

Debt Service Reserve Fund means the debt service reserve fund previously deposited with the Bond Trustee pursuant to the Bond Indenture for the purpose of securing the Obligated Debtors’ payment obligations under the 2008 Bond Documents.