DSR Required Amount definition

DSR Required Amount means, as of any date, an amount equal to the projected amount of Borrower Interest Expense for the most recent Semiannual Interest Payment Date through the immediately succeeding Semiannual Interest Payment Date, as such amount shall be increased or decreased on any Credit Date and/or the date of any Portfolio Project Addition or Excluded Project Designation under Section 2.1(c)(i), to equal the projected amount of Borrower Interest Expense remaining during such six-month period.

Examples of DSR Required Amount in a sentence

Alliance Canada shall cause to be deposited with the Canadian Security Trustee cash, Permitted Investments or Acceptable Credit Support equal to its DSR Required Amount.