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.
L/C Cash Collateral Account means an account of the Borrower to be maintained with the Administrative Agent, in the name of the Administrative Agent and under the sole control and dominion of the Administrative Agent and subject to the terms of this Agreement.
L/C Cash Collateral Account means an interest bearing cash collateral account established upon the occurrence of an Event of Default by the Senior Facility Agent in its name for the benefit of the Senior Lenders, subject to the terms of this Agreement.
More Definitions of L/C Cash Collateral Account
L/C Cash Collateral Account means a special interest bearing cash collateral account pledged by the Borrower to the Collateral Agent for the ratable benefit of the Secured Parties containing cash deposited pursuant to Section 2.06(b)(vi), 2.13(f), 7.02 or 7.03 to be maintained at the Collateral Agent’s office and bear interest or be invested in the Collateral Agent’s reasonable discretion in accordance with Section 2.13(f).
L/C Cash Collateral Account means an account with the Administrative Agent, in the name of the Administrative Agent and for the benefit of theLenders.
L/C Cash Collateral Account means a general deposit account estabxxxxxx at and maintained by Citibank in the name of and for the benefit of the Agent on behalf of the Lenders and under the exclusive dominion and control of the Agent.
L/C Cash Collateral Account means the l/c cash collateral deposit account, Account No. 30597952, with Citibank, as securities intermediary and depository bank, at its office at One Penns Way, 2nd Floor, New Castle, Delaware 19720, in the name of the Borrower but under the sole control and dominion of the Agent and subject to the terms of this Agreement.
L/C Cash Collateral Account means a cash collateral account to be established and maintained by the Administrative Agent, over which the Administrative Agent shall have sole dominion and control, upon terms as may be satisfactory to the Administrative Agent.
L/C Cash Collateral Account means a cash collateral account in the name of the U.S. Borrower or the Canadian Borrower, as the case may be, established with the Administrative Agent, with respect to Letters of Credit issued under the U.S. Facility, or the Canadian Funding Agent, with respect to Letters of Credit issued under the Canadian Facility, for deposit of cash collateral for the Letter of Credit Obligations, which account shall be designated as the L/C Cash Collateral Account and shall be subject to the sole dominion and control of the Administrative Agent or the Canadian Funding Agent, as the case may be.
L/C Cash Collateral Account means each Deposit Account from time to time identified to Agent in writing established by Borrower for the sole purpose of securing Borrower’s obligations under clause (g) of the definition Permitted Contingent Obligations and containing only such cash or cash equivalents that have been required to be pledged to secure such obligations of Borrower; provided, that the aggregate amount of cash or Cash Equivalents deposited in such LC Cash Collateral Accounts does not, at any time, exceed Five Hundred Thousand Dollars ($500,000) in the aggregate.