Common use of Payments out of the Cash Collateral Account Clause in Contracts

Payments out of the Cash Collateral Account. At all times that the value of the Cash Collateral Account is greater than the Adjusted Aggregate Loan Exposure, Lender shall allow Pledgor to withdraw such excess from the Cash Collateral Account. This determination shall be made by Lender (i) upon the deposit of any amount into the Cash Collateral Account and (ii) at the end of each calendar year.

Appears in 4 contracts

Samples: Pledge Agreement (Lawson Products Inc/New/De/), Pledge Agreement (Lawson Products Inc/New/De/), Pledge Agreement (Lawson Products Inc/New/De/)

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