Debt Service Reserve. The Company shall not permit the balance in the Debt Service Reserve Account to, at any time, be less than the amount of the Debt Service Reserve. The Company shall provide written notice to the Trustee if the balance in the Debt Service Reserve Account is less than the amount of the Debt Service Reserve.
Appears in 8 contracts
Samples: Credit Agreement (Transocean Ltd.), Share Pledge Agreement (Transocean Ltd.), Receivables Pledge Agreement (Transocean Ltd.)
Debt Service Reserve. The Company shall not permit the balance in the Debt Service Reserve Account to, at any time, be less than the amount of the Debt Service Reserve. The Company shall provide written notice to the Trustee if the balance in the Debt Service Reserve Account is less than the amount of the Debt Service Reserve..
Appears in 1 contract
Samples: Indenture (Transocean Ltd.)
