Cash Pooling Arrangements. Amend, vary or waive any term of the Cash Pooling Arrangements or enter into any new pooled account or netting agreement with any Affiliate in a manner materially adverse to the Lenders or which adversely affects the security interests in such accounts. Without the consent of the Administrative Agent under the Revolving Credit Agreement, permit the aggregate amount owed pursuant to the Cash Pooling Arrangements by all Companies who are not Loan Parties (other than any Company (x) that has pledged assets to secure the Secured Obligations on terms reasonably satisfactory to the Administrative Agent and the Collateral Agent and (y) the accounts of which included in such Cash Pooling Arrangements are limited to zero balance disbursement accounts that forward daily all amounts to an account of a Loan Party (subject to customary payments with respect to overdrafts)) minus the aggregate amount on deposit pursuant to the Cash Pooling Arrangements from such Persons to exceed the greater of (i) €75,000,000 and (ii) 2.0% of Consolidated Net Tangible Assets.
Cash Pooling Arrangements. Amend, vary or waive any term of the Cash Pooling Arrangements without express written consent of the Administrative Agent, or enter into any new pooled account or netting agreement with any Affiliate without express written consent of the Administrative Agent. Permit the aggregate amount owed pursuant to the Cash Pooling Arrangements by all Companies who are not Loan Parties minus the aggregate amount on deposit pursuant to the Cash Pooling Arrangements from such Persons to exceed €75,000,000.
Cash Pooling Arrangements. The Acquired Companies (other than the Javelina Partnerships) participate in the Cash Pooling Arrangements. At Closing, such Acquired Companies will cease participation in the Cash Pooling Arrangements, and thereafter all accounts receivable and accounts payable of such Acquired Companies will be received and paid by such Acquired Companies (or as otherwise directed by the Buyer). All accounts receivable and accounts payable of any such Acquired Company with any Seller Affiliate, to the extent not actualized and settled in the Cash Pooling Arrangements as of the Closing Date, will survive the Closing and be paid as actualized in the normal course of business. Any such accounts will be included in the calculation of Working Capital.
Cash Pooling Arrangements. Amend, vary or waive any term of the Cash Pooling Arrangements or enter into any new pooled account or netting agreement with any Affiliate in a manner materially adverse to the Lenders. Without the consent of the Administrative Agent under the Revolving Credit Agreement, permit the aggregate amount owed pursuant to the Cash Pooling Arrangements by all Companies who are not Loan Parties (other than any Company (x) that has pledged assets to secure obligations in respect of any of the Revolving Credit Loan Documents, or the Secured Term Loan Documents or the loan documents in respect of the Third Lien Credit Agreement, and (y) the accounts of which included in such Cash Pooling Arrangements are limited to zero balance disbursement accounts that forward daily all amounts to an account of a Loan Party (subject to customary payments with respect to overdrafts)) minus the aggregate amount on deposit pursuant to the Cash Pooling Arrangements from such Persons to exceed the greater of (i) €75,000,000 and (ii) 2.0% of Consolidated Net Tangible Assets.
Cash Pooling Arrangements. Amend, vary or waive any term of the Cash Pooling Arrangements or enter into any new pooled account or netting agreement with any Affiliate in a manner materially adverse to the Lenders or which adversely affects the security interests in such accounts. Without the consent of the Administrative Agent under the Revolving Credit Agreement, permit the aggregate amount owed pursuant to the Cash Pooling Arrangements by all Companies who are not Loan Parties minus the aggregate amount on deposit pursuant to the Cash Pooling Arrangements from such Persons to exceed $50,000,000.
Cash Pooling Arrangements. Amend, vary or waive any term of the Cash Pooling Arrangements or enter into any new pooled account or netting agreement with any Affiliate in a manner materially adverse to the Lenders. Without the consent of the Administrative Agent under the Revolving Credit Agreement, permit the aggregate amount owed pursuant to the Cash Pooling Arrangements by all Companies who are not Global Loan Parties (other than any Company (x) that has pledged assets to secure obligations in respect of any of the Revolving Credit Loan Documents or the Secured Term Loan Documents, and (y) the accounts of which included in such Cash Pooling Arrangements are limited to zero balance disbursement accounts that forward daily all amounts to an account of a Global Loan Party (subject to customary payments with respect to overdrafts)) minus the aggregate amount on deposit pursuant to the Cash Pooling Arrangements from such Persons to exceed the greater of (i) €75,000,000 and (ii) 2.0% of Consolidated Net Tangible Assets.
Cash Pooling Arrangements. If at any time the amounts held in any bank, demand, securities, commodities, time, savings, passbook or like account maintained with a depositary institution under or in connection with the Existing Cash Pool Arrangements exceed $15,000,000 in aggregate (such excess amount, the “Excess Amount”), the Company shall promptly, but in any event within five (5) Business Days (or such longer period as the Administrative Agent may agree) after knowledge thereof, eliminate such Excess Amount or transfer, or cause to be transferred, the Excess Amount to a bank account that is pledged in favor of the Administrative Agent for the benefit of the Secured Parties; provided that the Company agrees to monitor amounts in the Existing Cash Pool Arrangements in the ordinary course and in any event on a weekly basis.
Cash Pooling Arrangements. Amend, vary or waive any term of the Cash Pooling Arrangements without express written consent of the Administrative Agent, or enter into any new Cash Pooling Arrangements, new pooled account, notional cash pooling or netting agreement with any Affiliate without express written consent of the Administrative Agent. Permit the aggregate amount owed pursuant to the Cash Pooling Arrangements by all Companies who are not Loan Parties (other than any Company (x) that has pledged assets to secure the Secured Obligations on terms reasonably satisfactory to the Administrative Agent and the Collateral Agent and (y) the accounts of which included in such Cash Pooling Arrangements are limited to zero balance disbursement accounts that forward daily all amounts to an account of a Loan Party (subject to customary payments 285 1160299.01-CHISR1160299.03H-CHISR02A - MSW with respect to overdrafts) on terms reasonably satisfactory to the Administrative Agent and the Collateral Agent) minus the aggregate amount on deposit pursuant to the Cash Pooling Arrangements from such Persons to exceed €75,000,000.
Cash Pooling Arrangements. Prior to the Closing Date, Dover shall cause its Affiliates to terminate and, as the case may be, set-off any cash-pooling arrangements in which the Alphasem Group Companies are participating.
Cash Pooling Arrangements. Prior to the Closing, Seller shall cause any Purchased Subsidiary that participates in any of Seller's cash pooling arrangements to be removed from such arrangement and to cause any obligations or undertakings of such Purchased Subsidiaries to be cancelled.
