Cash Buildup definition

Cash Buildup means, as of any date of determination, the aggregate amount of cash that Borrower is required to have on deposit in the Blocked Securities Account as of such date pursuant to Section 3(k)(ii) of the Twelfth Amendment.

Examples of Cash Buildup in a sentence

  • Borrower and Parent hereby acknowledge, confirm and agree that, for purposes of determining compliance with Section 6(b) of the Eleventh Amendment, the Blocked Amount shall not include the Cash Buildup.

  • Cash Availability Cash Build-up Your share of the cash build-up will not begin until several years into the policy but will build quickly after that.