Debt Service Reserve Account
Springing Debt Service Reserve per the Master Credit Facility AgreementMaster Credit Facility AgreementAgreement evidencing the terms and conditions of a Credit Facility. that a BorrowerBorrowerPerson who is the obligor per the Note. may be required to fund in the event of a Springing TriggerSpringing TriggerPer the Master Credit Facility Agreement, a defined event that permits the Lender to require the Borrower to fund the Debt Service Reserve Account. .
Synonyms
Springing Debt Service Reserves
Springing Debt Service Reserve