Additional Cash Collateral definition

Additional Cash Collateral means certificates of deposit having a final maturity from the date of issuance of not more than

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Additional Cash Collateral means the cash deposited in the collateral account under the Euro Retained Public Debt Collateral Account Agreement pledged in favor of the Euro Collateral Agent for the benefit of the Euro Lenders under the Credit Agreement and any Bank Related Hedging Exchanger and Bank Related Cash Management Exchanger.

Additional Cash Collateral means certificates of deposit having a final maturity from the date of issuance of not more than 30 days, issued by commercial bank incorporated under the laws of the United States of America or any state thereof or the District of Columbia, which bank is a member of the Federal Reserve System, has a combined capital and surplus of not less than $500,000,000 and with a senior unsecured debt credit rating of at least "Aa3" by Moody's and "AA-" by S & P and is otherwise acceptable to each Participant.

Examples of Additional Cash Collateral in a sentence

• The Sellers hereby confirm that the security interest granted to the Trustee pursuant to Section 13.18 of the Agreement is for the benefit of (a) the Investor Certificateholders and (b) the Cash Collateral Depositor and the Additional Cash Collateral Depositor to the extent of the CCA Invested Amount.

• The Trustee shall possess all right, title and interest in all funds on deposit from time to time in the Additional Cash Collateral Account and in all proceeds thereof.

• The Additional Cash Collateral Depositor shall not be entitled to reimbursement from the Trust Assets for any withdrawals from the Additional Cash Collateral Account except as specifically provided in this Series Supplement.

• If at any time any of the accounts comprising the Additional Cash Collateral Account ceases to be an Eligible Deposit Account, the Trustee (or the Servicer on its behalf) shall within 10 Business Days (or such longer period, not to exceed 30 calendar days, as to which each Rating Agency may consent) establish a new account meeting the conditions specified above as an Eligible Deposit Account, and shall transfer any cash and/or any investments to such new account.

• All withdrawals from the Additional Cash Collateral Account shall be made in the priority and in the manner set forth below.

• Funds on deposit in each Additional Cash Collateral Account on any Transfer Date, after giving effect to any withdrawals from such Additional Cash Collateral Account on such Transfer Date, shall be invested in such investments that will mature so that such funds will be available for withdrawal on or prior to the following Transfer Date.

• On each Transfer Date, all interest and earnings (net of losses and investment expenses) accrued since the preceding Transfer Date on funds on deposit in each Additional Cash Collateral Account shall be paid to the related Additional Cash Collateral Depositor for application in accordance with the related Additional Loan Agreement.

• For purposes of determining the availability of funds or the balances in each Additional Cash Collateral Account for any reason under this Series Supplement, all investment earnings on such funds shall be deemed not to be available or on deposit.

• The remainder of any Termination Proceeds shall be distributed, pro rata, to the Cash Collateral Depositor and each Additional Cash Collateral Depositor for application in accordance with the Loan Agreement and each Additional Loan Agreement, respectively.

• Bank will have sole dominion and control over all items and funds in the Additional Cash Collateral Account and such items and funds may be withdrawn only by Bank.

More Definitions of Additional Cash Collateral

Additional Cash Collateral means cash in an amount equal to $13,000,000 delivered by the Borrowers to the Administrative Agent to be used solely to collateralize the L/C Obligations arising with respect to the Mortgage Obligation LCs.

Additional Cash Collateral shall have the meaning as set forth in Section 6 of the Second Amendment.

Additional Cash Collateral means an amount equal to the difference between (i) the aggregate Stipulated Loss Value on the Existing Schedules, as of February 1, 2016, and (ii) all cash collateral previously pledged to Lessor with respect to the Equipment Schedules, which difference is expected to equal the Anticipated SLV (as hereinafter defined); (2) “Anticipated SLV” means an amount equal to [***] (3) the term “Existing Cash Collateral Accounts” means the various cash collateral accounts established with respect to the Existing Schedules; and (4) “Liquid Assets” means cash on hand, plus the value of marketable securities, minus the value of restricted retirement assets.