Additional Cash Collateral definition

Additional Cash Collateral means certificates of deposit having a final maturity from the date of issuance of not more than
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Additional Cash Collateral means the cash deposited in the collateral account under the Euro Retained Public Debt Collateral Account Agreement pledged in favor of the Euro Collateral Agent for the benefit of the Euro Lenders under the Credit Agreement and any Bank Related Hedging Exchanger and Bank Related Cash Management Exchanger.
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Additional Cash Collateral means certificates of deposit having a final maturity from the date of issuance of not more than 30 days, issued by commercial bank incorporated under the laws of the United States of America or any state thereof or the District of Columbia, which bank is a member of the Federal Reserve System, has a combined capital and surplus of not less than $500,000,000 and with a senior unsecured debt credit rating of at least "Aa3" by Moody's and "AA-" by S & P and is otherwise acceptable to each Participant.
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Examples of Additional Cash Collateral in a sentence

  • The Sellers hereby confirm that the security interest granted to the Trustee pursuant to Section 13.18 of the Agreement is for the benefit of (a) the Investor Certificateholders and (b) the Cash Collateral Depositor and the Additional Cash Collateral Depositor to the extent of the CCA Invested Amount.

  • Bank will have sole dominion and control over all items and funds in the Additional Cash Collateral Account and such items and funds may be withdrawn only by Bank.

  • Agent (with the consent or at the direction of the Requisite Lenders) may, in accordance with and subject to the terms and conditions of Section 3.2, apply funds on deposit in the Additional Cash Collateral Account to the repayment of (i) principal, (ii) Breakage Costs, if any, payable in accordance with Section 2.8 and (iii) all sums required to be paid pursuant to Section 2.4(g).

  • The Lender allows the Additional Cash Collateral of US$369,665.17 received previously as a partial repayment of the Loan which brings down the current LTV to 80%.

  • In no event shall the Trust, the Trustee, the Series 1998-9 Certificate-holders, the Cash Collateral Depositor or any Additional Cash Collateral Depositor be liable for the share of the Servicing Fee to be paid by the Sellers.

  • Upon the expiration, termination or cancellation of the Mortgage Obligation LCs, in whole or in part, the Administrative Agent shall promptly release any then-remaining amount of Additional Cash Collateral to the Borrowers.

  • In no event shall the Trust, the Trustee, the Series 1998-3 Certificate-holders, the Cash Collateral Depositor or any Additional Cash Collateral Depositor be liable for the share of the Servicing Fee to be paid by the Sellers.

  • In no event shall the Trust, the Trustee, the Series 1998-6 Certificate-holders, the Cash Collateral Depositor or any Additional Cash Collateral Depositor be liable for the share of the Servicing Fee to be paid by the Sellers.

  • In no event shall the Trust, the Trustee, the Series 1997-8 Certificate-holders, the Cash Collateral Depositor or any Additional Cash Collateral Depositor be liable for the share of the Servicing Fee to be paid by the Sellers.

  • In no event shall the Trust, the Trustee, the Series 1999-5 Certificateholders, the Cash Collateral Depositor or any Additional Cash Collateral Depositor be liable for the share of the Servicing Fee to be paid by the Sellers.


More Definitions of Additional Cash Collateral

Additional Cash Collateral means an amount equal to the difference between (i) the aggregate Stipulated Loss Value on the Existing Schedules, as of February 1, 2016, and (ii) all cash collateral previously pledged to Lessor with respect to the Equipment Schedules, which difference is expected to equal the Anticipated SLV (as hereinafter defined); (2) “Anticipated SLV” means an amount equal to [***] (3) the term “Existing Cash Collateral Accounts” means the various cash collateral accounts established with respect to the Existing Schedules; and (4) “Liquid Assets” means cash on hand, plus the value of marketable securities, minus the value of restricted retirement assets.
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Additional Cash Collateral shall have the meaning as set forth in Section 6 of the Second Amendment.
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Additional Cash Collateral means cash in an amount equal to $13,000,000 delivered by the Borrowers to the Administrative Agent to be used solely to collateralize the L/C Obligations arising with respect to the Mortgage Obligation LCs.
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Related to Additional Cash Collateral

  • L/C Cash Collateral Account means any Cash Collateral Account (a) specifically designated as such by the Borrower in a notice to the Administrative Agent and (b) from and after the effectiveness of such notice, not containing any funds other than those required under the Loan Documents to be placed therein.

  • Cash Collateral shall have a meaning correlative to the foregoing and shall include the proceeds of such cash collateral and other credit support.

  • Cash Collateral Account means a blocked, non-interest bearing deposit account of one or more of the Loan Parties at Bank of America in the name of the Administrative Agent and under the sole dominion and control of the Administrative Agent, and otherwise established in a manner satisfactory to the Administrative Agent.

  • Class A Cash Collateral Account means, in respect of the Class A Liquidity Facility, an Eligible Deposit Account in the name of the Subordination Agent maintained at an Eligible Institution, which shall be the Subordination Agent if it so qualifies, into which amounts shall be deposited as referred to in Section 3.05(f).

  • Letter of Credit Cash Collateral Account means a blocked deposit account at Bank of America with respect to which Borrower hereby grants a security interest in such account to Administrative Agent for and on behalf of Lenders as security for Letter of Credit Usage and with respect to which Borrower agrees to execute and deliver from time to time such documentation as Administrative Agent may reasonably request to further assure and confirm such security interest.

  • Cash Collateral Agreement shall have the meaning provided in Section 5.2(b).

  • Cash Collateral Accounts shall have the meaning given such term in Section 9(a).

  • Final Cash Collateral Order means the Final Order of the Bankruptcy Court entered on March 30, 2020, wherein the Bankruptcy Court authorized the Debtors’ continued use of cash collateral subject to certain conditions contained therein.

  • Cash Collateral Account Agreement With respect to any Mortgage Loan, the cash collateral account agreement, if any, between the originator of such Mortgage Loan and the related Mortgagor, pursuant to which the related Cash Collateral Account, if any, may have been established.

  • Required Cash Collateral Amount shall have the meaning provided in Section 3.7(c).

  • Cash Collateralization has a correlative meaning.

  • Cash Collateral Order means an order entered by the Bankruptcy Court authorizing the Company to use cash collateral on a final (as opposed to interim) basis pursuant to sections 361 and 363 of the Bankruptcy Code, which order shall be acceptable to the Investor and shall contain a cash budget that is similar in all material respects to the budget attached hereto as Exhibit A.

  • Letter of Credit Collateral Account has the meaning assigned to such term in Section 2.05(k).

  • Additional Collateral Any of the following held, in addition to the related Mortgaged Property, as security for a Mortgage Loan: (i) all money, securities, security entitlements, accounts, general intangibles, payment rights, instruments, documents, deposit accounts, certificates of deposit, commodities contracts and other investment property and other property of whatever kind or description now existing or hereafter acquired which is pledged as security for the repayment of such Mortgage Loan, (ii) third-party guarantees, and (A) all money, securities, security entitlements, accounts, general intangibles, payment rights, instruments, documents, deposit accounts, certificates of deposit, commodities contracts and other investment property and other property of whatever kind or description now existing or hereafter acquired which is pledged as collateral for such guarantee or (B) any mortgaged property securing the performance of such guarantee, or (iii) such other collateral as may be set forth in the Series Supplement.

  • Facility Letter of Credit Obligations means, as at the time of determination thereof, all liabilities, whether actual or contingent, of the Borrower with respect to Facility Letters of Credit, including the sum of (a) the Reimbursement Obligations and (b) the aggregate undrawn face amount of the then outstanding Facility Letters of Credit.

  • Cash Collateralize has the meaning specified in Section 2.03(g).

  • Facility LC Collateral Account is defined in Section 2.19.11.

  • Additional Refinancing Lender has the meaning set forth in Section 2.15(a).

  • LC Obligations means, as at any date of determination, the aggregate amount available to be drawn under all outstanding Letters of Credit plus the aggregate of all Unreimbursed Amounts, including all L/C Borrowings. For purposes of computing the amount available to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in accordance with Section 1.06. For all purposes of this Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14 of the ISP, such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available to be drawn.

  • L/C Obligations means, as at any date of determination, the aggregate amount available to be drawn under all outstanding Letters of Credit plus the aggregate of all Unreimbursed Amounts, including all L/C Borrowings. For purposes of computing the amount available to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in accordance with Section 1.06. For all purposes of this Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14 of the ISP, such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available to be drawn.

  • Cash Collateral Orders means, collectively, the Interim Cash Collateral Order and the Final Cash Collateral Order.

  • Bank Product Collateralization means providing cash collateral (pursuant to documentation reasonably satisfactory to Agent) to be held by Agent for the benefit of the Bank Product Providers (other than the Hedge Providers) in an amount determined by Agent as sufficient to satisfy the reasonably estimated credit exposure with respect to the then existing Bank Product Obligations (other than Hedge Obligations).

  • LC Collateral Account has the meaning assigned to such term in Section 2.06(j).

  • Additional Collateral Documents as defined in the Base Intercreditor Agreement.

  • Letter of Credit Collateral has the meaning specified in Section 6.02(b).