CAM Date definition
CAM Date the first date after the Effective Date on which there shall occur (a) any event described in clauses (i) or (ii) of paragraph (e) of Section 7 or (b) an acceleration of Extended Secured Loans pursuant to Section 7.
Examples of CAM Date in a sentence
Any direct payment received by a Secured Lender on or after the CAM Date, including by way of set-off, in respect of the Secured Obligations shall be paid over to the Agent for distribution to the Secured Lenders in accordance with the provisions of the next preceding sentence.