Cashflow Waterfall definition

Cashflow Waterfall means the priority of application of moneys set out in clause 12.2. (Proceeds Accounts) of the Accounts Agreement;
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Cashflow Waterfall means the order of payments that may be made from the Proceeds Accounts as set out in Part A (Pre-Enforcement Cashflow Waterfall) of Schedule 5 (Cashflow Waterfalls) of the Intercreditor Deed; Cayman Companies Act means the Companies Act (as revised) of the Cayman Islands;
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Cashflow Waterfall means the order of payments that may be made from the Proceeds Account as set out in Part A (Pre-Enforcement Cashflow Waterfall) of Schedule 5 (Cashflow Waterfalls) of the Intercreditor Deed.
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Examples of Cashflow Waterfall in a sentence

  • Accordingly, the Principal Paying Agent shall have no claim or recourse against the relevant Trustee in respect of any amount which is or remains unsatisfied after the application of the relevant Cashflow Waterfall in the manner aforesaid and any unsatisfied amounts shall be extinguished.

  • Accordingly, the Wakeel shall have no claim or recourse against the Trustee(s) in respect of any amount which is or remains unsatisfied after the application of the Cashflow Waterfall in the manner aforesaid and any unsatisfied amounts shall be extinguished.

  • Until the earlier of (a) the date on which the Final Adjustment Amount and Final Adjustment Interest Amount are calculated and paid under the Sale and Purchase Agreement and (b) 180 days from Completion, no amounts may be withdrawn from the Proceeds Account to make payments under paragraphs (k) to (p) of Clause 27.4 (Cashflow Waterfall – Proceeds Account).

  • This Addendum comprises a Finance Document for all purposes under the Cashflow Waterfall Agreement.

  • Save as expressly contemplated in this Addendum the Cashflow Waterfall Agreement shall remain unamended and, subject to its terms, of full force and effect.

  • If there is any conflict between the provisions of this Addendum and the provisions of the Cashflow Waterfall Agreement at any time, the provisions of this Addendum shall prevail.