Common use of Debt Service Reserve Amount Clause in Contracts

Debt Service Reserve Amount. (a) Prior to the making of each Restricted Payment (other than any Sponsor Case Restricted Payments and Additional Equity Distributions) and, in any event, no later than six (6) months following the Project Completion Date, the Borrower shall have deposited in the Senior Debt Facilities Debt Service Reserve Account an amount equal to the Required Debt Service Reserve Amount.

Appears in 4 contracts

Samples: Common Terms Agreement (Cheniere Energy Partners, L.P.), Common Terms Agreement (Cheniere Energy Partners, L.P.), Common Terms Agreement (Cheniere Energy, Inc.)

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Debt Service Reserve Amount. (a) Prior to the earlier to occur of (x) the making of each Restricted Payment (other than any Sponsor Case Restricted Payments and Additional Equity Distributions(y) and, in any event, no later than six (6) months following the Project Completion Date, the Borrower shall have deposited in the Senior Debt Facilities Credit Agreement Debt Service Reserve Account an amount equal to the Required Debt Service Reserve Amount.

Appears in 1 contract

Samples: Common Terms Agreement (Cheniere Energy Partners, L.P.)

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