Common use of Cash Management Obligations Clause in Contracts

Cash Management Obligations. Upon the request of the Lender during the continuance of any Event of Default, the Borrower shall immediately Cash Collateralize the outstanding Cash Management Obligations owing to the Lender or any of its Affiliates in an amount equal to 100% of the aggregate amount of such Cash Management Obligations.

Appears in 4 contracts

Samples: Credit Agreement (Box Inc), Credit Agreement (Box Inc), Credit Agreement (Box Inc)

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Cash Management Obligations. Upon the request of the Lender during the continuance of any Event of Default or Potential Event of Default, the Borrower shall immediately Cash Collateralize the outstanding Cash Management Obligations owing to the Lender or any of its Affiliates in an amount equal to 100105% of the aggregate amount of such Cash Management Obligations.

Appears in 1 contract

Samples: Credit Agreement (Box Inc)

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