Common use of Access to Cash Collateral Clause in Contracts

Access to Cash Collateral. (a) The Parties hereto hereby agree that the Borrower (or the Borrower Designee on behalf of the Borrower) shall have access to and use, in accordance with the terms and conditions hereof, the cash deposited from time to time in the Offshore Project Accounts (the “Cash Collateral”), other than any (i) cash relating to or deposited in any of the Debt Service Reserve Accounts, which shall remain undrawn during the Restructuring Proceedings and fully funded in accordance with the terms of the Brava Credit Agreement and related Financing Documents and (ii) any payments made in respect of any casualty Insurance Proceeds (as defined in the Brava Credit Agreement) exceeding USD 10 million in the aggregate following the date hereof.

Access to Cash Collateral. (a) The Parties hereto hereby agree that the Borrower Borrowers (or the Borrower Designee on behalf of the BorrowerBorrowers) shall have access to and use, in accordance with the terms and conditions hereof, the cash deposited from time to time in the Offshore Project Accounts (the “Cash Collateral”), other than any (i) cash relating to or deposited in any of the Debt Service Reserve Accounts, which shall remain undrawn during the Restructuring Proceedings and fully funded in accordance with the terms of the Brava A/L Credit Agreement and related Financing Documents and (ii) any payments made in respect of any casualty Insurance Proceeds (as defined in the Brava A/L Credit Agreement) exceeding USD 10 million in the aggregate following the date hereof.