DSR Letters of Credit. Amounts on deposit in the Debt Service Reserve Account may be funded from time to time by any DSR Letter of Credit; provided that the Collateral Agent shall make a drawing upon any DSR Letter of Credit if:
DSR Letters of Credit. Subject to the terms and conditions set forth herein, the Borrower may request any Issuing Lender to Issue a DSR Letter of Credit at any time and from time to time during the Letter of Credit Availability Period.
DSR Letters of Credit. Subject to and upon the terms and conditions set forth herein, Borrower may request the issuance of, and the DSR Letter of Credit Issuing Bank hereby agrees to issue DSR Letters of Credit, for the Borrower’s account, at any time during the DSR Letter of Credit Availability Period. DSR Letters of Credit issued hereunder shall constitute utilization of the Total DSR LC Commitment and at any time, the DSR LC Exposure at such time shall not exceed the Total DSR LC Commitment. The DSR Letter of Credit Issuing Bank will make available to the beneficiary thereof the original of the DSR Letter of Credit issued by it hereunder.
DSR Letters of Credit. Amounts on deposit in the Debt Service Reserve Account may be funded from time to time by one or more DSR Letters of Credit. In order to determine the balance of the Debt Service Reserve Account for purposes of any Loan Document at any time, such amount shall be calculated by adding (x) any monies on deposit in or credited to the Debt Service Reserve Account at such time and (y) the aggregate Drawing Amounts of any and all DSR Letters of Credit at such time. Administrative Agent shall make, or cause to be made, a drawing upon any DSR Letter of Credit if:
DSR Letters of Credit
