Lock-Up Account definition

Lock-Up Account has the meaning specified in the Security Agreement.
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Lock-Up Account means an interest-bearing account:
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Lock-Up Account has the meaning given to that term in the Bank Facilities Agreement or any Additional Finance Document Equivalent.
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Examples of Lock-Up Account in a sentence

  • If the Target Ratio Conditions are not met on the Calculation Date falling after the Calculation Date on which any amounts were credited on the Cash Trap Lockup Account, the Issuer shall apply the full positive balance standing to the credit of the Cash Trap Lock-Up Account to the repayment of the Principal Amount Outstanding of the Notes in the amount necessary to meet the Target Ratio Conditions.

  • Notwithstanding anything herein to the contrary, in accordance with the provisions of Sections 2.02(b), 2.05(b) and 4.05(c), the Lock-Up Account and any funds, cash, Securities Entitlements credited thereto and any proceeds thereof shall be held by the Collateral Agent solely for the benefit of the Lenders until all Credit Agreement Obligations shall have been indefeasibly paid in full in cash.

  • In accordance with Section 5.11(c) of the Collateral Agency Agreement, we request that $[] be withdrawn from the Equity Lock-Up Account and transferred to the insert name of the applicable sub-account] of the Mandatory Prepayment Account for application in respect of mandatory prepayments required in accordance with Section 5.15 of the Collateral Agency Agreement and the Financing Documents.

  • TIFIA SINKING FUND If the Loan Life Coverage Ratio as of any Calculation Date is less than [1.35x], the Borrower shall, cause to be transferred from the Distribution Lock-Up Account to the TIFIA Sinking Fund Account, an amount that is equal to the lesser of (1) the amount that is estimated to be necessary to increase the TIFIA Loan Life Coverage Ratio as of each Calculation Date to not less than [1.35x] or (2) 100% of all funds on deposit in the Distribution Lock-Up Account as of such Calculation Date.

  • The Seller expects to receive payments from the Distribution Lock-Up Account (as such term is defined in the Common Terms Agreement) of £10,000,000 and £7,100,000 respectively prior to Completion.

  • And these weighted atomic masses were used to calculate the weight percent of each element in the salt.The weight percentages of the top fourteen elements present in the Mk-IV ER electrolyte were used to calculate the amount of each metal chloride needed to make the 15-g simulation sample used for DSC analysis.

  • Initially he had a loose relationship, I suppose, with the teacher trainee students.

  • The Administrative Agent shall have received evidence of the establishment of the Lock-Up Account.

  • Subject to Section 2.03(b)(ii), at any time that a Lock-Up Event has occurred, until such time as the Borrower is again permitted to make Restricted Payments in accordance with the terms of Section 7.05(c), all amounts on deposit in the Lock-Up Account shall be applied in accordance with the terms of Section 7.05(d) and the Security Agreement.

  • In an effort to promote the recycling of appropriate solid wastes, the Rhode Island Department of Environmental Management (DEM) Office of Waste Management has developed this policy to establish guidelines for evaluating whether specific source segregated solid waste materials1 which are not already defined as “recyclable material”2 may be recycled.


More Definitions of Lock-Up Account

Lock-Up Account means the Lock-Up Account to be established under the Collateral Agency Agreement.
Sample 1
Lock-Up Account has the meaning specified in the Security Agreement. “Macquarie” means The Macquarie Capital Group, which includes Macquarie Capital Group Limited, its direct or indirect subsidiaries, and the funds (or similar vehicles) they manage. “Macquarie Affiliates” means Macquarie Finance Americas Inc. and Affiliates of Macquarie that are offshore banking units. “Majority Non-Controlling Voting Parties” shall mean, at any time, the Secured Parties owed or holding Secured Obligations that constitute the largest total outstanding amount of any then outstanding Series of Secured Obligations. NYDOCS01/1212479.10 S-7 Puget- Amended and Restated Collateral Agency Agreement 07771-0276/LEGAL16959722.4 5/4/10
Sample 1
Lock-Up Account means the segregated account established and maintained by LaSalle Bank National Association pursuant to the Security Agreement and Section 7.6.
Sample 1

Related to Lock-Up Account

  • ESOP Account means a Participant’s account to which are credited Matching Contributions made to the Plan after March 31, 1989, and earnings and losses thereon.

  • Rollover Account means the account established hereunder to which amounts transferred from a qualified plan or individual retirement account in accordance with Section 4.6 are allocated.

  • Rollover Contribution Account means the separate Account maintained for a Member to record such Member's share of the Trust Fund attributable to any Rollover Contribution made to the Plan on his behalf.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Matching Account means the account maintained on the books of the Employer for the purpose of accounting for the Matching Amount and for the amount of investment return credited thereto for each Participant pursuant to Article V.

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.

  • FT Account Pool #: Mortgagor's Name, Address and Zip Code: Mortgage Loan Number: Reason for Requesting Documents (check one)

  • Distribution Account Deposit Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Retention Account means an interest bearing Dollar account of the Borrowers opened or (as the context may require) to be opened jointly by the Borrowers with the Account Bank and includes any sub-accounts thereof and any other account designated in writing by the Agent to be a Retention Account for the purposes of this Agreement;

  • Note Distribution Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Initial Account has the meaning specified in the Transfer Agreement.

  • Investment Account As defined in Section 3.12(a).

  • Principal Distribution Account means the account by that name established and maintained pursuant to Section 4.1 of the Sale and Servicing Agreement.

  • Company Matching Account means (i) the sum of all of a Participant's Annual Company Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant's Company Matching Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant's Company Matching Account.

  • Interest Funding Account shall have the meaning specified in subsection 4.2(b).

  • Special Account means the account referred to in Section 2.02 (b) of this Agreement;

  • Principal Accumulation Account Balance means, for any date of determination, the principal amount, if any, on deposit in the Principal Accumulation Account on such date of determination.

  • Retirement Account means any retirement or pension fund or account, listed in Iowa Code section 627.6(8)“f” as exempt from execution, regardless of the amount of contribution, the interest generated, or the total amount in the fund or account.

  • Lower-Tier Distribution Account A subaccount of the Distribution Account, which shall be an asset of the Trust Fund and the Lower-Tier REMIC.

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • Tax Account shall have the meaning set forth in Section 8.6 hereof.

  • Aggregate Account means, with respect to each Participant, the value of all accounts maintained on behalf of a Participant, whether attributable to Employer or Employee contributions, subject to the provisions of Section 9.2.

  • Sub-Account means any of the individual sub-accounts of a Participant's Separate Account that is maintained as provided in Article VIII.