Commercial Paper Account definition

Commercial Paper Account has the meaning specified in Section 2.03 hereof.

Commercial Paper Account means the commercial paper account established pursuant to Section 3(a) of the Depositary Agreement.

Commercial Paper Account shall have the meaning specified in Section 1.01 of the Credit Agreement as in effect on the date hereof. Company - shall mean River Fuel Funding Company #3, Inc., a Delaware corporation.

Examples of Commercial Paper Account in a sentence

• The Cash Collateral Account, the Commercial Paper Account and the Special Payment Account shall have been established.

• Proceeds of the sale of Commercial Paper shall be deposited in the Commercial Paper Account and used to the extent necessary to pay matured and concurrently maturing Commercial Paper; otherwise proceeds of the sale of Commercial Paper shall be transferred to the Cash Collateral Account for disposition in accordance with the Security Agreement.

• All proceeds from the sale of Commercial Paper Notes and the proceeds of all Loans made pursuant to Article IV hereof shall be deposited in the Commercial Paper Account, the operation of which shall be governed by the Depositary Agreement.

• The Company shall maintain with the Depositary a special account for the sole purpose of reimbursing LOC Payments and paying Loans (the "Commercial Paper Account").

• The Company may also instruct the Collateral Agent to make transfers from the Collateral Account to the Commercial Paper Account for the purpose of reimbursing LOC Payments or paying Loans.

More Definitions of Commercial Paper Account

Commercial Paper Account shall have the meaning specified in Section 1.01 of the Credit Agreement as in effect on the date hereof. CP Notes - Promissory notes of the Trust sold or to be sold in the commercial paper market and described as "A Notes" in Section 1.01 of the Credit Agreement as in effect on the date hereof. Credit Agreement - the Credit Agreement dated as of December 22, 1988, as amended by Amendment dated September 24, 1996, between the Trust and the Bank, and as modified, supplemented, amended or extended from time to time.

Commercial Paper Account shall have the meaning specified in Section 1.01 of the Credit Agreement as in effect on the date hereof. Company means River Fuel Company #2, Inc., a Delaware corporation. Company Documents shall have the meaning specified in Section 10 hereof.

Commercial Paper Account means a special purpose account established by the Depositary for the benefit of the Issuing Bank pursuant to the Depositary Agreement.

Commercial Paper Account is defined in clause (a) of Section 2.4 of the Liquidity Agreement.

Commercial Paper Account shall have the meaning specified in Section 1.01 of the Credit Agreement as in effect on the date hereof. Company - shall mean River Fuel Funding Company #3, Inc., a Delaware corporation. CP Notes - Promissory notes of the Company sold or to be sold in the commercial paper market and described as "A Notes" in Section 1.01 of the Credit Agreement as in effect on the date hereof. Credit Agreement - the Credit Agreement dated as of February 24, 1989, as amended on September 24, 1996, between the Company and the Bank, and as the same may be further modified, supplemented or amended from time to time.

Commercial Paper Account has the meaning set forth in Section 3.3(a).

Commercial Paper Account shall have the meaning set forth in Section 2 of the Depositary Agreement.