Cash Collateral Facility definition

Cash Collateral Facility. As defined in Section 2.2 hereof.
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Examples of Cash Collateral Facility in a sentence

  • Upon (x) Payment in Full and (y) the termination of the Cash Collateral Facility and all commitments by the Cash Collateral Providers to provide Cash Collateral and make other credit extensions in respect thereof, this Guaranty and all obligations (other than those expressly stated to survive such termination or as may be reinstated after such termination) of the Guaranteed Parties and the Guarantor hereunder shall terminate, all without delivery of any instrument or performance of any act by any party.

Related to Cash Collateral Facility

  • Letter of Credit Cash Collateral Account means a blocked deposit account at Bank of America with respect to which Borrower hereby grants a security interest in such account to Administrative Agent for and on behalf of Lenders as security for Letter of Credit Usage and with respect to which Borrower agrees to execute and deliver from time to time such documentation as Administrative Agent may reasonably request to further assure and confirm such security interest.

  • Cash Collateral Account means a deposit account at a commercial bank selected by the Administrative Agent in the name of the Administrative Agent and under the sole dominion and control of the Administrative Agent, and otherwise established in a manner reasonably satisfactory to the Administrative Agent.

  • L/C Cash Collateral Account means an interest bearing cash collateral account to be established and maintained by the Agent, over which the Agent shall have sole dominion and control, upon terms as may be satisfactory to the Agent.

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

  • Cash Collateral shall have a meaning correlative to the foregoing and shall include the proceeds of such cash collateral and other credit support.