Common use of WCMA Maturity Date Clause in Contracts

WCMA Maturity Date. On the fourth Subsequent Funding Date (the "WCMA Maturity Date"), the WCMA Line of Credit will be terminated and the WCMA Account, at the option of Customer, will either be converted to a WCMA Cash Account (subject to any requirements of MLPF&S) or terminated.

Appears in 3 contracts

Sources: Cash Flow Covenant (U S Long Distance Corp), Term Loan Agreement (DCC Compact Classics Inc), Term Wcma Loan and Security Agreement (Cd Warehouse Inc)