Series Debt Service Reserve Requirement definition

Series Debt Service Reserve Requirement means, with respect to any series of Bonds that are not Covered Bonds, the amount specified in the ordinance or resolution authorizing such series of Bonds.
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Series Debt Service Reserve Requirement means the amount, if any, required to be on deposit in a Series Sub-Account in the Debt Service Reserve Fund specified in the Supplemental Indenture governing the issuance of and securing the related Series of Bonds.
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Series Debt Service Reserve Requirement means the amount, if any, set forth in a Parity Resolution pursuant to which a Series Debt Service Reserve Account is established.
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Related to Series Debt Service Reserve Requirement

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

  • Debt Service Reserve Account as defined in the Depositary Agreement.

  • Debt Service Requirements means the aggregate principal payments (whether at maturity or pursuant to scheduled mandatory sinking fund redemption requirements) and interest payments on the Bonds for the period of time for which calculated; provided, however, that for purposes of calculating such amount, principal and interest shall be excluded from the determination of Debt Service Requirements to the extent that such principal or interest is payable from amounts deposited in trust, escrowed or otherwise set aside for the payment thereof with the Paying Agent or other commercial bank or trust company located in the State and having full trust powers.

  • Debt Service means, with respect to any particular period of time, the scheduled principal and interest payments due under this Agreement and the Note.