Reinvestment Proceeds Account definition

Reinvestment Proceeds Account shall have the meaning assigned to such term in Section 2.10(b)(vi).
Reinvestment Proceeds Account means a Deposit Account established pursuant to the Term Loan Credit Agreement pursuant to which certain cash proceeds of Term Loan Priority Collateral are deposited following the sale, casualty or condemnation thereof pending the reinvestment thereof as, and to the extent, permitted by the Term Loan Credit Agreement.

More Definitions of Reinvestment Proceeds Account

Reinvestment Proceeds Account means a deposit account of the Borrower subject to a Control Agreement in favor of theAdministrative Agent which exclusively holds Reinvestment Proceeds.

Related to Reinvestment Proceeds Account