Equity Account. The Borrower covenants to procure that the Guarantor shall maintain a minimum credit balance of thirty million Dollars in the Equity Account throughout the Facility Period. If and to the extent the Loan is partially prepaid or cancelled, this minimum requirement shall be reduced pro rata to the reduction in the Commitments.
Appears in 2 contracts
Sources: Loan Agreement, Loan Agreement (Teekay LNG Partners L.P.)