Cash Management Agent definition

Cash Management Agent the “Agent” as defined in the Mortgage Loan Agreement.
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Cash Management Agent means Servicer or any Replacement Cash Management Agent.
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Cash Management Agent means U.S. Bank, National Association, a national banking association and its successors and assigns.
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Examples of Cash Management Agent in a sentence

  • In the absence of any subsequent monthly instructions, Cash Management Agent is instructed to deposit in the ESH Conditional Controlled Account the same amount as was deposited in such account during the previous month and to deposit into the ESA Conditional Controlled Account any excess amounts in the Borrower Remainder Subaccount.

  • The division of funds in the Borrower Remainder Subaccount between the ESH Conditional Controlled Account and the ESA Conditional Controlled Account shall be set forth in subsequent monthly instructions delivered by Mortgage Borrower to the Domestic Cash Management Agent in accordance with the Domestic Cash Management Agreement.

  • This Notice is delivered to the Cash Management Agent as of the date first appearing above.

  • Notwithstanding anything to the contrary herein, Cash Management Agent shall have a reasonable opportunity to act after receipt of notice of an Event of Default, which shall be defined as reasonably promptly, but not less than two (2) Business Days following receipt of such notice.

  • Borrower, Agent and Cash Management Agent have entered into that certain Cash Management Agreement, dated as of June 7, 2011 (the “Cash Management Agreement”).

  • If Borrower fails to perform any agreement herein contained and such failure shall continue for ten (10) Business Days after notice of such failure is given to Borrower, Agent may perform or cause performance of any such agreement, and any reasonable and actually incurred expenses of Agent and Cash Management Agent in connection therewith shall be paid by Borrower.

  • If to Cash Management Agent: U.S. Bank National Association Corporate Trust Services, LM-AZ-X16P 000 Xxxxx Xxxxx Xxx., Xxxxx 0000 Xxxxxxx, XX 00000 Attention: Xxxx X.

  • Beyond the exercise of reasonable care in the custody thereof or as otherwise expressly provided herein, neither Cash Management Agent nor Agent shall have any duty as to any Collateral in its possession or control as agent therefor or bailee thereof or any income thereon or the preservation of rights against any Person or otherwise with respect thereto.

  • All securities or other property underlying any financial assets credited to the IMH Collection Account shall be registered in the name of Cash Management Agent, endorsed to Cash Management Agent or in blank or credited to another securities account maintained in the name of Cash Management Agent and in no case will any financial asset credited to the IMH Collection Account be registered in the name of Borrower, payable to the order of Borrower or specially endorsed to Borrower.

  • Cash Management Agent shall, subject to the terms of this Agreement, treat Agent as entitled to exercise the rights which pertain to the financial assets credited to the IMH Collection Account.


More Definitions of Cash Management Agent

Cash Management Agent means a bank selected by the Investment Administrator to provide the services of receiving and disbursing cash from and to Participants and the Custodian and upon Proper Instructions to pay the expenses of the Program, to receive cash amounts due to the Program and to provide for temporary investment of cash held by the Program, all as may be agreed between such bank and the Investment Administrator on behalf of the Program.
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Cash Management Agent means Bank of America, N.A. as “Cash Management Agent” under the Lock Box Agreement.
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Cash Management Agent means VRLP.
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Related to Cash Management Agent

  • Cash Manager means Royal Bank of Canada, in its capacity as cash manager under the Cash Management Agreement together with any successor cash manager appointed from time to time;

  • Cash Management Bank means any Person that, at the time it enters into a Cash Management Agreement, is a Lender or an Affiliate of a Lender, in its capacity as a party to such Cash Management Agreement.

  • Cash Management Agreement means any agreement to provide cash management services, including treasury, depository, overdraft, credit or debit card, electronic funds transfer and other cash management arrangements.

  • Cash Management Arrangements means all cash management arrangements pursuant to which Honeywell or its Subsidiaries automatically or manually sweep cash from, or automatically or manually transfer cash to, accounts of SpinCo or any member of the SpinCo Group.

  • Cash Management Order means an order of the Bankruptcy Court, in form and substance acceptable to the Required Lenders, (i) approving and authorizing the Loan Parties to use existing cash management system, (ii) authorizing and directing banks and financial institutions to honor and process checks and transfers, (iii) authorizing continued use of intercompany transactions, (iv) waiving requirements of Section 345(b) of the Bankruptcy Code and (v) authorizing the Loan Parties to use existing bank accounts and existing business forms.

  • Cash Management Agreements means any agreement providing for treasury, depository, purchasing card or cash management services, including in connection with any automated clearing house transfer of funds or any similar transaction entered into in the ordinary course of business.

  • Cash Management Account has the meaning set forth in Section 2.7(a).

  • Cash Management Accounts means the bank accounts of each Loan Party maintained at one or more Cash Management Banks listed on Schedule 8.01.

  • Cash Management Systems has the meaning ascribed to it in Section 1.8.

  • Cash Management System shall have the meaning assigned to such term in Section 9.01(e).

  • Cash Management Services means any cash management or related services including treasury, depository, return items, overdraft, controlled disbursement, merchant store value cards, e-payables services, electronic funds transfer, interstate depository network, automatic clearing house transfer (including the Automated Clearing House processing of electronic funds transfers through the direct Federal Reserve Fedline system) and other cash management arrangements.

  • Secured Cash Management Agreement means any Cash Management Agreement that is entered into by and between any Loan Party and any Cash Management Bank.

  • Cash Management Reserves means such reserves as the Agent, from time to time, determines in its Permitted Discretion as being appropriate to reflect the reasonably anticipated liabilities and obligations of the Loan Parties with respect to Cash Management Services then provided or outstanding.

  • Cash Management Document means any certificate, agreement or other document executed by any Loan Party in respect of the Cash Management Obligations of any Loan Party.

  • Cash Management Obligations means (a) obligations in respect of any treasury management services, overdraft and related liabilities arising from treasury, depository, cash pooling arrangements and cash management services or any automated clearing house transfers of funds and (b) other obligations in respect of netting services, employee credit, commercial credit card, debit card, stored value card or purchase card programs and similar arrangements.

  • Cash Management Obligation means, as applied to any Person, any direct or indirect liability, contingent or otherwise, of such Person under or in respect of a Cash Management Agreement.

  • Guaranteed Cash Management Agreement means any Cash Management Agreement that is entered into by and between any Loan Party and any Cash Management Bank.

  • Specified Cash Management Agreement any agreement providing for treasury, depositary or cash management services, including in connection with any automated clearing house transfers of funds or any similar transactions between the Borrower or any Guarantor and any Lender or affiliate thereof or any Agent or affiliate thereof, which has been designated by such Lender and the Borrower, by notice to the Administrative Agent not later than 90 days after the execution and delivery by the Borrower or such Guarantor, as a “Specified Cash Management Agreement”.

  • Secured Cash Management Obligations means Obligations under Secured Cash Management Agreements.

  • Bank Agent means the agent for the lenders under the Credit Agreement or its successors as agent for the lenders under the Credit Agreement.

  • Treasury Management Arrangement means any agreement or other arrangement governing the provision of treasury or cash management services, including deposit accounts, overdraft, credit or debit card, funds transfer, automated clearinghouse, zero balance accounts, returned check concentration, controlled disbursement, lockbox, account reconciliation and reporting and trade finance services and other cash management services.

  • Swap Bank means any Lender or an Affiliate of a Lender in its capacity as a party to a Swap Contract entered into after the date of this Agreement.

  • Hedging Agreement Provider means any Person that enters into a Secured Hedging Agreement with a Credit Party or any of its Subsidiaries that is permitted by Section 6.1(d) to the extent such Person is a Lender, an Affiliate of a Lender or any other Person that was a Lender (or an Affiliate of a Lender) at the time it entered into the Secured Hedging Agreement but has ceased to be a Lender (or whose Affiliate has ceased to be a Lender) under the Credit Agreement.

  • Agent Bank means, in relation to a Series of Securities, the entity (if any) appointed as such under the Agency Agreement and as specified in the Issue Terms.

  • BofA means Bank of America National Trust and Savings Association, a national banking association.

  • Banking Services Provider means any Lender (other than a Defaulting Lender) or Affiliate of a Lender (other than a Defaulting Lender) that provides Banking Services to any Credit Party.