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Common use of Construction Account Clause in Contracts

Construction Account. The Company shall deposit into the Construction Account the amounts required to be deposited pursuant to this Article VIII.

Appears in 4 contracts

Sources: Credit Agreement (Flag Telecom Holdings LTD), Credit Agreement (Flag Telecom Holdings LTD), Credit Agreement (Global Telesystems Group Inc)

Related Clauses

  • Withdrawals from the Collection Account
  • Certificate Account and Special Payments Account
  • Operating Account
  • Establishment of Collection Account
  • Withdrawals from the Collection Account and Distribution Account

Parent Clauses

  • Accounts
  • Creation of Accounts
  • Required Deposits Into the Accounts
  • The Credit Facilities
  • Loan Funding

Sub-Clauses

  • Deposits into the Construction Account
  • Disbursements from the Construction Account
  • Disbursements from Construction Account
  • Establishment of Account
  • Rights of Administrative Agent
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