Earmarked Cash definition
Earmarked Cash means, cash and Cash Equivalents held in a blocked account with the Administrative Agent or a separate account with an escrow agent, in each case, that are earmarked for the permanent reduction of Indebtedness of the Credit Parties.
Earmarked Cash means, on any date, cash or Cash Equivalents of the Borrower held in a Deposit Account of the Borrower (that is subject to a Deposit Account Control Agreement) that is earmarked for the consummation of a Permitted Acquisition within twelve (12) months of such date; provided, that, such Deposit Account contains only “Earmarked Cash”.