DSRA Amount definition

DSRA Amount means on any date, an amount equal to the then aggregate amount of interest payable (or reasonably anticipated on any date by the Agent to be payable) by the Borrower in respect of the outstanding Loans during the three Month period commencing from that date and including the date falling three Months after that date.

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DSRA Amount has the meaning given to that term in clause 9.1.18.

DSRA Amount means an amount equal to the next 6 months of interest on any date of determination scheduled to be payable hereunder after such date of determination in respect of the Term Loans pursuant to Section 2.08 (calculated by the Borrower using (A) for any portion of such relevant period for which an interest rate is already then in effect, the interest rate then in effect and (B) for any future periods, an assumed Adjusted Term SOFR based on Adjusted Term SOFR for an Interest Period of three (3) months as of such date of determination).

Examples of DSRA Amount in a sentence

• On the DSRA Funding Date, the Borrower shall deposit (or shall cause to be deposited) an amount of cash (in Dollars) equal to the DSRA Amount into the Debt Service Reserve Account and shall thereafter maintain an amount in the Debt Service Reserve Account that is no less than the DSRA Amount.

• On or prior to the Restatement Closing Date, the Borrower shall deposit funds into the Debt Service Reserve Account and/or deliver DSR L/Cs to the Collateral Agent in respect thereof in an aggregate amount of Funded DSR greater than or equal to the DSRA Amount on the Restatement Closing Date.

• On or prior to the Initial Borrowing Date, the Borrower shall deposit funds into the Debt Service Reserve Account and/or deliver DSR L/Cs to the Collateral Agent in respect thereof in an aggregate amount of Funded DSR greater than or equal to the DSRA Amount on the Initial Borrowing Date.

• Solely with respect to the first disbursement, the Borrower shall have caused a DSR Letter of Credit to have been issued in an amount equal to the DSRA Amount.

• In determining and notifying the Borrower of the amount of the transfer, the Facility Agent shall use the result of the multiplication of the DSRA Amount (i.e. the DSRA Amount as defined in the Loan Contract) and the applicable DSRA Determination Exchange Rate (i.e. the DSRA Determination Exchange Rate as defined in the Loan Contract).

More Definitions of DSRA Amount

DSRA Amount means (a) on the Closing Date $48,189,487.50 and (b) as of any date of determination thereafter, the next six (6) months of principal and interest scheduled to be payable hereunder after such date of determination in respect of the Initial Term Loans and Incremental Term Loans pursuant to Sections 2.05(a)(i) and 2.06(a) and any corresponding provisions provided for in any applicable Incremental Amendment (calculated by the Borrower Representative using an assumed Eurocurrency Rate for the Interest Period in effect as of such date of determination).

DSRA Amount means, as of any date of determination, an amount equal to excess of U.S.$[●]5; over any amounts withdrawn from the Debt Service Reserve Account in accordance with this Agreement prior to such date of determination and applied to satisfy a payment obligation of Belize under this Agreement (including to pay costs and expenses incurred in connection with the enforcement of the Lenders' rights under this Agreement).

DSRA Amount means an amount equivalent to the interest in relation to the Facility falling due in next number of months as specified in the Facility Documents, maintained in DSRA in accordance with the terms of the Facility Documents during the tenure of the Facility and/or until all outstanding amounts under the Facility are repaid to the satisfaction of the Lender in accordance with the terms of the Facility Documents.

DSRA Amount means the amounts lying in, or credited into, the Interest Payment Account from time to time towards maintenance of the Required DSRA Amount;

DSRA Amount means, the amount to be kept as DSR in favour of the Agent as described in clause 21.24.1 (a) (Maintenance of the DSR).

DSRA Amount means (a) on the Initial Borrowing Date $3,257,250 and (b) as of any date of determination thereafter, the next six (6) months of interest scheduled to be payable hereunder after such date of determination in respect of the Term Loans, pursuant to Section 2.06(a).

DSRA Amount means, with respect to a date, the amount of (i) regularly scheduled payments of interest in respect of Term Loans pursuant to Section 2.4(e) and (ii) regularly scheduled payments of principal pursuant to Section 2.11(a) (excluding the payment of principal due on the Maturity Date) scheduled to be due during the six (6) month period commencing on the day after such date.