Content Cost definition
Examples of Content Cost in a sentence
With respect to any Imposition that is payable less frequently than on a monthly basis, the Issuer, or the Manager on behalf of the Issuer, may elect deposit funds into the Content Cost, Network Expense and Insurance Reserve Account equal to the applicable monthly portion of the applicable Imposition as set forth in the Manager Report.
The Issuer further authorizes the Indenture Trustee, at the Servicer’s option and written direction, with respect to proceeds in excess of $1,000,000 (a) to hold the balance of such proceeds to be made available to the Asset Entities for the cost of Restoration of any of the Fiber Networks in the Content Cost, Network Expense and Insurance Reserve Account or (b) unless prohibited by Section 7.06(c), to apply such Insurance Proceeds to the payment of the Obligations whether or not then due.
On the Closing Date for a Series of Notes, the Issuer shall deposit into the Content Cost, Network Expense and Insurance Reserve Account the amount specified in the Cash Management Agreement or the related Series Supplement.