Cash Accumulation Sample Clauses

Cash Accumulation. Parent Borrower shall not, and shall not permit any Restricted Subsidiary to, accumulate and maintain for a period exceeding two (2) Business Days, cash or Cash Equivalents in an aggregate amount in excess of $500,000,000 (other than cash and Cash Equivalents necessary for the Loan Parties and their Restricted Subsidiaries in their reasonable determination to satisfy the current liabilities incurred by them in the ordinary course of their business and without acceleration of the satisfaction of such liabilities) in the deposit accounts and investment accounts of the Loan Parties and their Restricted Subsidiaries.

Cash Accumulation. No Credit Party shall permit cash and Cash Equivalents in an aggregate amount in excess of $10,000,000 (other than (i) Supplemental L/C Facility Cash Collateral, (ii) cash necessary for the Credit Parties to satisfy the current liabilities incurred by them in the ordinary course of their business and without acceleration of the satisfaction of such current liabilities, (iii) the Minimum TCNB Deposit, (iv) the J. ▇▇▇▇ Contingent Obligation Deposit, (v) cash deposits in an amount not to exceed $9,500,000 maintained with insurers in respect of casualty insurance programs of the Credit Parties and their Subsidiaries in accordance with, and in a minimum amounts necessary to satisfy requirements under high deductible casualty insurance programs maintained in the Ordinary Course of Business, and (vi) cash necessary to cash collateralize customs bonds in the Ordinary Course of Business in an amount not to exceed $8,500,000 at any time (or such greater amount required pursuant to any Requirement of Law)) to accumulate and be maintained in deposit, securities, commodity or similar account of the Credit Parties; provided that any such accumulated amounts shall be maintained in accounts subject to a Control Agreement; and provided, however, that the Credit Parties’ obligations under this Section 5.22 shall be suspended if, and for so long as, there are no Loans outstanding.

Cash Accumulation. (a) No Credit Party shall permit cash and Cash Equivalents in an aggregate amount in excess of $10,000,000 (other than (i) Supplemental L/C Facility Cash Collateral, (ii) cash necessary for the Credit Parties to satisfy the current liabilities incurred by them in the ordinary course of their business and without acceleration of the satisfaction of such current liabilities, (iii) the Minimum TCNB Deposit, (iv) the J. ▇▇▇▇ Contingent Obligation Deposit, (v) cash deposits in an amount not to exceed $9,500,000 maintained with insurers in respect of casualty insurance programs of the Credit Parties and their Subsidiaries in accordance with, and in a minimum amounts necessary to satisfy requirements under high deductible casualty insurance programs maintained in the Ordinary Course of Business, and (vi) cash necessary to cash collateralize customs bonds in the Ordinary Course of Business in an amount not to exceed $8,500,000 at any time (or such greater amount required pursuant to any Requirement of Law)) to accumulate and be maintained in deposit, securities, commodity or similar account of the Credit Parties; provided that any such accumulated amounts shall be maintained in accounts subject to an ABL Control Agreement; and provided, however, that the Credit Parties’ obligations under this Section 5.22 shall be suspended if, and for so long as, there are no Term Loans outstanding. (b) No Credit Party shall, and no Credit Party shall permit any of its Subsidiaries to, directly or indirectly, to deposit any proceeds of any Collateral, other than proceeds of Credit Card Receivables processed by Fifth Third Bank into any deposit account maintained by a Credit Party or any of its Subsidiaries at Fifth Third Bank.

Cash Accumulation. Permit, for a period exceeding five (5) consecutive Business Days, cash or Cash Equivalents in an aggregate amount in excess of $65,000,000 (other than (a) cash and Cash Equivalents reasonably necessary for the Obligors and their Subsidiaries to satisfy the current liabilities incurred by them in the ordinary course of their business and without acceleration of the satisfaction of such current liabilities and (b) so long as no Trigger Event Period exists, proceeds from the issuance of Equity Interests of the Obligors for a period of 180 days after the receipt by the Obligors thereof) to accumulate and be maintained in the Deposit Accounts and investment accounts of the Obligors which are under the control of Agent (subject to Section 8.5); provided, however, that the Obligors’ obligations under this Section 10.2.3 shall be suspended if and for so long as there are no Loans outstanding and all Letters of Credit have been Cash Collateralized.

Cash Accumulation. Hold as assets of Parent or the Restricted Subsidiaries (in the aggregate) Cash and Cash Equivalents in excess of the SUM OF (a) the amount necessary to make the next scheduled interest or dividend payment on the Existing Subordinated Debt, Permitted Subordinated Debt and Permitted Preferred Stock PROVIDED that such payment date is not more than five (5) Banking Days in the future, PLUS (b) the amount necessary to fund casino bankroll in the ordinary course of business, PLUS (c) any amount required to be held by Parent or such Restricted Subsidiary by any Gaming Board PLUS (d) $2,000,000; PROVIDED that for purposes of this SECTION 9.17, the term "Cash" shall not include funds on deposit in bank accounts of Parent or any Restricted Subsidiary that are not 'collected balances'.

Cash Accumulation. 91 9.18 Prepayments................................................................................91 Article 10 INFORMATION AND REPORTING REQUIREMENTS.......................................................................92

Cash Accumulation. 91 9.18 Prepayments .................................................................. 91 9.19

Cash Accumulation. Hold as assets of Parent or the Restricted Subsidiaries (in the aggregate) Cash and Cash Equivalents in excess of the sum of (a) the amount necessary to make the next scheduled interest or dividend payment on the Existing Redeemable Subordinated Debt, Existing Other Subordinated Debt, Permitted Subordinated Debt and Permitted Preferred Stock provided that such payment date is not more than five (5) Banking Days in the future, plus (b) the amount necessary to fund casino bankroll in the ordinary course of business, plus (c) any amount required to be held by Parent or such Restricted Subsidiary by any Gaming Board plus (d) $2,000,000; provided that for purposes of this Section 9.17, the term "Cash" shall not include funds on deposit in bank accounts of Parent or any Restricted Subsidiary that are not 'collected balances'.