Distribution Reserve Account definition
Distribution Reserve Account means a securities or deposit account of the Borrower established with a nationally recognized account bank in consultation with (and reasonably acceptable to) the Lender Representative and designated as the “Distribution Reserve Account” in writing by the Borrower to the Lender Representative and the Administrative Agent.
Distribution Reserve Account has the meaning assigned to such term in the Partnership Agreement.
Distribution Reserve Account has the meaning assigned to such term in Section 5.11(a).
Examples of Distribution Reserve Account in a sentence
The Borrower shall deposit, or cause to be deposited, in the Distribution Reserve Account all amounts transferred from the Available Cash Account pursuant to Section 2.20(b)(ix).
More Definitions of Distribution Reserve Account
Distribution Reserve Account has the meaning set forth in the Accounts Agreement.
Distribution Reserve Account has the meaning given in Section 6(i) of the Account Control Agreement.
Distribution Reserve Account is defined in the Depositary Agreement.
Distribution Reserve Account means an account into which amounts are required by the terms of Major Project Indebtedness to be held prior to distribution to the upstream equity owners but after application to all prior provisions of the account waterfall under the terms of such Major Project Indebtedness.
Distribution Reserve Account has the meaning given to such term in Section 1.1 of the Depositary Agreement.
Distribution Reserve Account has the meaning assigned to such term in Section 5.11(a). “Distribution Reserve Period Termination Date” means the date of distribution of Available Cash for the Quarter ending June 30, 2009.
Distribution Reserve Account as defined in the Collateral Agency Agreement.