Cash Collateral Period definition

Cash Collateral Period means the period commencing on the First Amendment Effective Date and ending on the first Business Day following the Cash Collateral Termination Date.
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Cash Collateral Period means each fiscal quarter during which the Borrower has pledged its Level I Cash Collateral Account to the Administrative Agent as security for the Obligations and its Level I Cash Collateral Account complies with the requirements in Section 5.21(c). The initial Cash Collateral Period is deemed to have commenced as of April 1, 2017, and will terminate on the last day of the fiscal quarter in which the Borrower satisfies the Level II Pricing Covenants in accordance with Section 7.11(c). Thereafter, each Cash Collateral Period may start on the first day of a fiscal quarter in accordance with Section 7.11, and will end on the last day of a fiscal quarter upon the satisfaction of the Level II Pricing Covenants for such fiscal quarter. While the initial Cash Collateral Period shall be deemed to have commenced on April 1, 2017, the Borrower’s initial obligation to cause its Level I Cash Collateral Account to comply with the requirements of Section 5.21 shall not commence until June 27, 2017.
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Cash Collateral Period has the meaning ascribed thereto in Section 3.14;
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Examples of Cash Collateral Period in a sentence

  • Worshiping as a House ChurchHouse Churches can find their own rhythm of worship as you gather over time.

  • The then existing Cash Collateral Period Notice shall remain effective until revoked or modified from time to time by the Trustee.

  • The Trustee retains the right to provide additional or different directions in the Cash Collateral Period Notice, including but not limited to amendments thereof.

  • Subject to paragraph 3(e) herein, the Debtors may use Cash Collateral during the Cash Collateral Period up to the Cash Collateral Limit only to pay the amount and type of expenses set forth in the Budget during the periods covered by the Budget in which such expenses are projected to be paid, subject to the Permitted Variance (as defined below).

  • The Debtor is hereby authorized to use Berkadia Cash Collateral and First-Citizens Cash Collateral during the Interim Cash Collateral Period, subject to the conditions and limitations set forth herein.

  • A protection strategy being implemented is inviting human rights lawyers to the U.S to participate in various events to raise awareness of human rights abuses in China.

  • The Budget attached to the Extension Notice shall constitute the Budget as contemplated by this Order for the extended Cash Collateral Period.

  • The Authority hereby irrevocably instructs and authorizes the Clearing Bank upon and following written direction from the Trustee (as amended from time to time by the Trustee, the "Cash Collateral Period Notice") to disburse via the ACH System, if available, or otherwise by wire transfer, to a bank and account as shall be designated by the Trustee, all amounts constituting available funds on deposit in the Construction Accounts.

  • The Authority hereby irrevocably instructs and authorizes the Clearing Bank upon and following written direction from the Trustee (as amended from time to time by the Trustee, the "Cash Collateral Period Notice") to disburse on the each business day via the ACH System, if available, or otherwise by wire transfer, to a bank and account as shall be designated by the Trustee, all amounts constituting available funds on deposit in the Operating Account.

  • For the avoidance of doubt, all Debtors other than Villa Marie Winery, LLC, shall not use Cash Collateral in excess of $1,000.00 in the aggregate during this Interim Cash Collateral Period.


More Definitions of Cash Collateral Period

Cash Collateral Period means any period commencing on a Cash Collateral Deposit Date and ending on the immediately following Cash Collateral Release Date.
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Cash Collateral Period is the period of time commencing on the occurrence of a Yutrepia Action and ending if and when (if ever) Agent, in its sole and absolute discretion, determines that the Cash Collateral Period shall end. “Cash Equivalents” are (a) marketable direct obligations issued or unconditionally guaranteed by the United States or any agency or any State thereof having maturities of not more than one (1) year from the date of acquisition; (b) commercial paper maturing no more than one (1) year after its creation and having the highest rating from either Standard & Poor’s Ratings Group or Mxxxx’x Investors Service, Inc.; (c) SVB’s certificates of deposit issued maturing no more than one (1) year after issue; and (d) money market funds at least 95.0% of the assets of which constitute Cash Equivalents of the kinds described in clauses (a) through (c) of this definition.
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Cash Collateral Period. The period beginning on the date that Louisiana Pacific shall deliver to the Administrative Agent under the Bank Credit Agreement a Cash Collateral Notice and ending on the Collateral Release Date
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Cash Collateral Period shall have the meaning set forth in Section 5.12.
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Related to Cash Collateral Period

  • Cash Collateral Account means a blocked account at a commercial bank specified 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 to such term in Section 11.1 hereof.

  • Required Cash Collateral Amount shall have the meaning provided in Section 3.7(c).

  • 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.

  • Class A Cash Collateral Account means, in respect of the Class A Liquidity Facility, an Eligible Deposit Account in the name of the Subordination Agent maintained at an Eligible Institution, which shall be the Subordination Agent if it so qualifies, into which amounts shall be deposited as referred to in Section 3.05(f).

  • Cash Collateral Agreement shall have the meaning provided in Section 5.2(b).

  • Cash Collateral Account Agreement With respect to any Mortgage Loan, the cash collateral account agreement, if any, between the originator of such Mortgage Loan and the related Mortgagor, pursuant to which the related Cash Collateral Account, if any, may have been established.

  • Cash Collateralization has a correlative meaning.

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

  • Cash Collateralize has the meaning specified in Section 2.03(g).

  • Cash Collateralized and “Cash Collateralization” shall have a meaning analogous to the foregoing and shall include the proceeds of such cash collateral and other credit support.

  • Facility LC Collateral Account is defined in Section 2.19.11.

  • Excess Collateral Amount means, at any time, the excess of (a) the sum of (i) the Collateral Amount, and (ii) the Principal Accumulation Account Balance, over (b) the Note Principal Balance.

  • LC Obligations means, at any time, the sum, without duplication, of (i) the aggregate undrawn stated amount under all Facility LCs outstanding at such time plus (ii) the aggregate unpaid amount at such time of all Reimbursement Obligations.

  • Revolving Credit Obligations means, at any particular time, the sum of (i) the outstanding principal amount of the Revolving Loans at such time, plus (ii) the outstanding principal amount of the Swing Line Loans at such time, plus (iii) the outstanding L/C Obligations at such time.

  • Credit Obligations means all principal, interest, fees, reimbursements, indemnifications, and other amounts now or hereafter owed by the Borrower to the Agent and the Banks (or with respect to the Interest Hedge Agreements, any Affiliates of the Banks) under this Agreement, the Notes, the Letter of Credit Documents, and the other Credit Documents and any increases, extensions, and rearrangements of those obligations under any amendments, supplements, and other modifications of the documents and agreements creating those obligations.

  • Facility Letter of Credit Obligations means, as at the time of determination thereof, all liabilities, whether actual or contingent, of the Borrower with respect to Facility Letters of Credit, including the sum of (a) the Reimbursement Obligations and (b) the aggregate undrawn face amount of the then outstanding Facility Letters of Credit.

  • LC Collateral Account has the meaning assigned to such term in Section 2.06(j).

  • Cash Collateral Order means an order entered by the Bankruptcy Court authorizing the Company to use cash collateral on a final (as opposed to interim) basis pursuant to sections 361 and 363 of the Bankruptcy Code, which order shall be acceptable to the Investor and shall contain a cash budget that is similar in all material respects to the budget attached hereto as Exhibit A.

  • Letter of Credit Obligations means all outstanding obligations incurred by Agent and Lenders at the request of Borrower, whether direct or indirect, contingent or otherwise, due or not due, in connection with the issuance of Letters of Credit by Agent or another L/C Issuer or the purchase of a participation as set forth in Annex B with respect to any Letter of Credit. The amount of such Letter of Credit Obligations shall equal the maximum amount that may be payable by Agent or Lenders thereupon or pursuant thereto.

  • Defaulting Lender Fronting Exposure means, at any time there is a Defaulting Lender, (a) with respect to the Issuing Bank, such Defaulting Lender’s Applicable Percentage of the outstanding Letter of Credit obligations other than Letter of Credit obligations as to which such Defaulting Lender’s participation obligation has been reallocated to other Lenders or cash collateralized in accordance with the terms hereof, and (b) with respect to the Swingline Lender, such Defaulting Lender’s Applicable Percentage of Swingline Loans other than Swingline Loans as to which such Defaulting Lender’s participation obligation has been reallocated to other Lenders or cash collateralized in accordance with the terms hereof.

  • Required Revolving Facility Lenders means, at any time, Revolving Facility Lenders having (a) Revolving Facility Loans (other than Swingline Loans) outstanding, (b) Revolving L/C Exposures, (c) Swingline Exposures and (d) Available Unused Commitments that, taken together, represent more than 50% of the sum of (w) all Revolving Facility Loans (other than Swingline Loans) outstanding, (x) all Revolving L/C Exposures, (y) all Swingline Exposures and (z) the total Available Unused Commitments at such time; provided, that the Revolving Facility Loans, Revolving L/C Exposures, Swingline Exposures and Available Unused Commitment of any Defaulting Lender shall be disregarded in determining Required Revolving Facility Lenders at any time.

  • Cash Collateral Orders means, collectively, the Interim Cash Collateral Order and the Final Cash Collateral Order.

  • Letter of Credit Collateral Account means a special deposit account maintained by the Administrative Agent, for the benefit of the Administrative Agent, the Issuing Bank and the Lenders, and under its sole dominion and control.

  • Final Cash Collateral Order means the Final Order (I) Authorizing Use of Cash Collateral, (II) Granting Adequate Protection, (III) Modifying the Automatic Stay to Permit Implementation, and (IV) Granting Related Relief [Docket No. 988] entered by the Bankruptcy Court on March 25, 2015, including all stipulations related thereto.