DSR Account definition

DSR Account has the meaning given in Section 1.1 of the Depositary Agreement.
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DSR Account means the account designated by that name established by Borrower with Depositary pursuant to Section 2.1.
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DSR Account means the US dollars denominated account opened or to be opened by the Borrower with the Lender and designated or identified as such (as the same may be re-designated, substituted or replaced from time to time).
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Examples of DSR Account in a sentence

  • The dynamism of Christian diaconical work cannot be limited as long as it is a sphere of a divine activity, namely an energy of the Holy Spirit as the Spirit of cosmic renewal and eschatological community in God's Kingdom.

  • The first transfer to the DSR Account shall be made on the day falling one month following the Issue Date.

  • The Issuer shall on the Monthly Transfer Date transfer to the DSR Account a minimum amount corresponding to 1/3 of the quarterly interest on the Outstanding Bonds from time to time, until the total deposited amount on the DSR Account corresponds to the amount due on the next Interest Payment Date.

  • All investments made out of any proceeds lying in the Trust and Retention Accounts, DSR Account.

  • The Issuer shall transfer a minimum amount corresponding to the sum of 1/6 of the next semi-annual interest payment on the Outstanding Bonds from time to time and 1/6 of the next Scheduled Amortisation (excluding the bullet payment on the Maturity Date) each month until the total amount deposited on the DSR Account corresponds to the sum of the interest and Scheduled Amortisation due on the next Interest Payment Date.


More Definitions of DSR Account

DSR Account means the account of such name maintained by the Company with the Collateral Trustee in accordance with the Security Deposit Agreement.
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DSR Account has the meaning given in Section 7.3(a).
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DSR Account means an account in the name of the Issuer with an Account Bank, blocked and pledged on first priority as security for the Issuer's obligations under the Finance Documents.
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DSR Account shall have the meaning set forth in Section 12.16.
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DSR Account is deleted in each of the following Sections: 9.1, and 13.8(f).
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DSR Account means the senior debt service reserve account established pursuant to Section 5.16 to meet potential shortfalls in interest or principal payments on the Loan.
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DSR Account has the meaning set forth in Section 2.2(b).
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