Senior Facilities Debt Service Reserve Account definition

Senior Facilities Debt Service Reserve Account is the account described in Section 4.3(a)(viii) (Accounts) of the Common Security and Account Agreement.
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Senior Facilities Debt Service Reserve Account has the meaning given in Schedule A of the CSAA.
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Examples of Senior Facilities Debt Service Reserve Account in a sentence

  • The Senior Facilities Debt Service Reserve Account shall have been funded in an amount equal to the Senior Facilities Reserve Amount.

  • In the event that the Borrower has funded the Senior Facilities Debt Service Reserve Account using Non-Fronted Letters of Credit from each Issuing Bank, the Collateral Agent hereby agrees (without the need for any further action or instruction from any Senior Creditors) to draw on such Non-Fronted Letters of Credit only on a pro rata basis as notified by the Borrower to the Collateral Agent or, failing such notification, as provided to the Collateral Agent by the Credit Facility Agent on request.

Related to Senior Facilities Debt Service Reserve Account

  • Business Day means any day except any Saturday, any Sunday, any day which is a federal legal holiday in the United States or any day on which banking institutions in the State of New York are authorized or required by law or other governmental action to close.

  • Day means calendar day.

  • Subsidiary means an entity in which more than 50 percent of the entity is owned—

  • Effective Date has the meaning set forth in the preamble.

  • Affiliate of any specified Person means any other Person directly or indirectly controlling or controlled by or under direct or indirect common control with such specified Person. For the purposes of this definition, “control” when used with respect to any specified Person means the power to direct the management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise; and the terms “controlling” and “controlled” have meanings correlative to the foregoing.

  • Services means those functional services ancillary to the supply of the goods, such as transportation and any other incidental services, such as installation, commissioning, provision of technical assistance, training, catering, gardening, security, maintenance and other such obligations of the supplier covered under the contract.

  • Company has the meaning set forth in the Preamble.

  • Person means any natural person, corporation, limited liability company, trust, joint venture, association, company, partnership, Governmental Authority or other entity.

  • Board means the Board of Directors of the Company.

  • Contract means the written agreement entered into between the purchaser and the supplier, as recorded in the contract form signed by the parties, including all attachments and appendices thereto and all documents incorporated by reference therein.

  • Confidential Information means any communication or record (whether oral, written, electronically stored or transmitted, or in any other form) provided to or made available to Contractor or that Contractor may create, receive, maintain, use, disclose or have access to on behalf of HHS that consists of or includes any or all of the following: