Cash Collateral Accounts definition

Cash Collateral Accounts shall have the meaning given such term in Section 9(a).

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Cash Collateral Accounts means the special cash collateral account containing cash deposited pursuant to Sections 2.13(g), 2.17, 2.20, 7.2(b), or 7.3(b) to be maintained at the Administrative Agent’s offices in accordance with Sections 2.20(b) and 7.4.

Cash Collateral Accounts means, collectively, (a) the Credit Card Cash Collateral Account, (b) the ▇▇ ▇▇▇▇ Collateral Account and (c) the Swap Obligations Cash Collateral Account.

Examples of Cash Collateral Accounts in a sentence

From time to time after cash is deposited in the Cash Collateral Accounts, Administrative Agent may apply Cash Collateral then held in the Cash Collateral Accounts to the payment of any amounts, in such order as Administrative Agent may elect, as shall be due and payable by Borrowers to Administrative Agent or any Initial Revolver Lender with respect to the LC Outstandings that may be then outstanding.
Each US Borrower and each Canadian Borrower hereby pledges to Administrative Agent and grants to Administrative Agent a security interest in all Cash Collateral held in the Cash Collateral Accounts from time to time and all proceeds thereof, as security for the payment of all Obligations, whether or not then due or payable.
Such cash (together with any interest accrued thereon) shall be held by Administrative Agent in the Cash Collateral Accounts and shall be invested by Administrative Agent in Cash Equivalents having a maturity of not longer than one week.
The Servicer shall exercise and enforce the rights of the Trust Fund with respect to the Cash Collateral Accounts under the Mortgage Loan Agreement in accordance with Accepted Servicing Practices and the other terms of this Agreement and the other Whole Loan Documents.
The parties hereby acknowledge and agree that, prior to the Ninth Amendment Effective Date, the UK Obligors executed and delivered the UK Security Documents pursuant to which the UK Borrowers pledged to Administrative Agent and granted to Administrative Agent a security interest in all Cash Collateral held in the Cash Collateral Accounts from time to time and all proceeds thereof, as security for the payment of all Obligations, whether or not then due or payable.

More Definitions of Cash Collateral Accounts

Cash Collateral Accounts has the meaning ascribed to it Annex B.

Cash Collateral Accounts. The Disbursement Account, the Proceeds Account, the Insurance Account, Equity Reserve Account and the Debt Service Reserve Account.

Cash Collateral Accounts means, collectively, the Domestic Cash Collateral Account and the Multicurrency Cash Collateral Accounts.

Cash Collateral Accounts means, collectively, the Cash Collateral Accounts listed in Section 1.1 of the Cash Collateral Agreement.

Cash Collateral Accounts means any deposit account designated by the Borrower as a “Cash Collateral Account” by written notice to Administrative Agent, in each case maintained for the exclusive purpose of securing Debt in respect of letters of credit permitted under this Agreement.

Cash Collateral Accounts means the special cash collateral account containing cash deposited pursuant to Sections 2.4(b), 2.13(g), 2.17, 7.2(b), or 7.3(b) to be maintained at the Administrative Agent’s offices in accordance with Section 7.3.

Cash Collateral Accounts any and all accounts that Collateral Agent, for the benefit of the Obligee, may from time to time require to be established and maintained with financial institutions reasonably satisfactory to Obligee and pledged to Collateral Agent pursuant to cash collateral account agreements in form and substance rea- sonably satisfactory to Obligee.