Debt Service Reserve Fund Requirement definition

Debt Service Reserve Fund Requirement means, as of a particular date of computation, and with respect to a particular issue of bonds, the amount required to be on deposit in the debt service reserve fund, which amount:
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Debt Service Reserve Fund Requirement means that amount as reasonably determined by the underwriter or placement agent for the TIF Notes with the reasonable concurrence of the City’s Financial Advisor.
Debt Service Reserve Fund Requirement means, with respect to the 2007 Series B Bonds, an amount equal to 5% of the Aggregate Principal Amount of 2007 Series B Bonds Outstanding and, with respect to any other Series of Bonds, the amount set forth in the Related Series Indenture.

Examples of Debt Service Reserve Fund Requirement in a sentence

The Series Debt Service Reserve Fund Requirement, if any, for any Series of Additional Bonds is required to be set forth in the applicable Supplemental Trust Agreement.


More Definitions of Debt Service Reserve Fund Requirement

Debt Service Reserve Fund Requirement means, as of any date of determination, an amount equal to the least of: (a) Maximum Annual Debt Service with respect to the Bonds,
Debt Service Reserve Fund Requirement means, for the 2019 Series Bonds, the aggregate of the Debt Service Reserve Fund Components described in Exhibit B attached to this Supplemental Resolution. Upon issuance of the 2019 Series Bonds, the Debt Service Reserve Fund Requirement for the 2019 Series Bonds is initially equal to
Debt Service Reserve Fund Requirement means, with respect to the 2013 Series C Bonds and as of each determination date, an amount equal to maximum annual debt service on the 2013 Series C Bonds Outstanding from time to time and, with respect to any other Series of Bonds, the amount set forth in the Related Series Indenture.
Debt Service Reserve Fund Requirement means Five Hundred Thirty-Three Million Four Hundred Twenty-Nine Thousand Five Hundred Dollars ($533,429,500.00), the amount to be deposited on the Effective Date or over a five-year period, which election shall be made in the joint and absolute discretion of the Oversight Board and the Commonwealth on or prior to the Effective Date, in accordance with the terms and conditions of the New GO Bonds Indenture.
Debt Service Reserve Fund Requirement means that amount as reasonably determined
Debt Service Reserve Fund Requirement means, with respect to the Initial Bonds, $0, and with respect to any additional Series of Bonds, the amount of money, if any, required to be deposited in the Debt Service Reserve Fund as provided in the Supplemental Indenture authorizing the issuance of such Series of Bonds.
Debt Service Reserve Fund Requirement means, as of any date of calculation, the lesser of (i) an amount equal to the maximum amount of Aggregate Debt Service for the then current or any future Bond Year or (ii) upon the issuance of any Additional Bonds, the principal amount on deposit in the Debt Service Reserve Fund immediately prior to such issuance and the maximum amount of any additional deposit to the Debt Service Reserve Fund which may be funded out of the proceeds of such Additional Bonds consistent with Section 148 of the Code.