Cash Management Accounts definition

Cash Management Accounts means the bank accounts of each Loan Party maintained at one or more Cash Management Banks listed on Schedule 8.01.

Cash Management Accounts. 6.9 “Casualty” – 5.2 “Casualty and Condemnation Account” – 6.6

Cash Management Accounts means those bank accounts of each Loan Party listed on Schedule 8.01 that are maintained at one or more Cash Management Banks listed on Schedule 8.01.

Examples of Cash Management Accounts in a sentence

• Cash Management Accounts shall not constitute trust funds and may be commingled with other monies held by Lender.

• Notwithstanding any other provision of this Agreement, Lender reserves the right to seek a deficiency judgment or preserve a deficiency claim in connection with the foreclosure of the Mortgage to the extent necessary to foreclose on all or any portion of the Property, the Rents, the Cash Management Accounts or any other collateral.

• The Servicer shall exercise and enforce the rights of the Trust Fund with respect to the Cash Management Accounts under the Loan Agreement in accordance with Accepted Servicing Practices.

• The Servicer shall exercise and enforce the rights of the Trust Fund with respect to the Cash Management Accounts under the Loan Agreement, the Cash Management Agreement in accordance with Accepted Servicing Practices and the other terms of this Agreement and the other Loan Documents.

• Subject to Section 4.01, at such time as the Agents are sweeping cash from the Cash Management Accounts pursuant to Section 8.01(d), the Administrative Agent shall on each Business Day apply all funds transferred to or deposited in the Administrative Agent’s Account to the payment, in whole or in part, of the Revolving Loans (or, in the event the Revolving Loans have been paid in full, to the Cash Collateralization of any outstanding Letters of Credit).

More Definitions of Cash Management Accounts

Cash Management Accounts means the bank deposit accounts or securities accounts of each Loan Party other than Excluded Accounts, which (i) shall be subject to one or more Cash Management Agreements and (ii) at the option of the applicable Loan Party, may be maintained at one or more Cash Management Banks.

Cash Management Accounts shall have the meaning set forth in Section 6.6 hereof.

Cash Management Accounts means the bank accounts of each Loan Party maintained at one or more Cash Management Banks listed on Schedule 8.01 (as such Schedule may be amended in accordance with Section 8.01(d)).

Cash Management Accounts. As defined in the Mortgage Loan Agreement.

Cash Management Accounts means the bank accounts of each Loan Party (other than the Excluded Accounts) maintained at one or more Cash Management Banks listed on Schedule 8.01.

Cash Management Accounts. 3.10 “Casualty” - 7.2.1 “Casualty/Condemnation Prepayment” - 2.3.2 “Casualty/Condemnation Subaccount” - 3.7 “Clearing Account” - 3.1

Cash Management Accounts means the bank accounts of each Loan Party (other than (a) accounts specifically and exclusively used for payroll, payroll taxes and other employee wage and benefit payments to or for the benefit of any Loan Party’s employees, (b) any account over which the grant of a Cash Management Agreement is legally prohibited or which constitute cash collateral in respect of a Permitted Lien and (c) any account with an average daily balance during any month no greater than $50,000 (provided that the aggregate average daily balance during any month in all such accounts is less than $200,000).