Cash Collateral Budget definition

Cash Collateral Budget means the budgets that are attached to and included in each cash collateral order Filed and entered by the Bankruptcy Court in these Chapter 11 Cases.
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Cash Collateral Budget means that certain budget attached to the Cash Collateral Order as Exhibit 1, as may be amended to the extent permitted by the Cash Collateral Order.
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Cash Collateral Budget means the cash collateral budget attached hereto as Exhibit 1.3 covering the period from the date hereof through the Closing Date.
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Examples of Cash Collateral Budget in a sentence

  • In the event of a dispute concerning the Cash Collateral Budget, all rights of the Debtor and the Bond Trustee shall be and are reserved.

  • If no objection is timely filed to any amended Cash Collateral Budget, then the amended Cash Collateral Budget shall become the Cash Collateral Budget for purposes of this Interim Order or the Final Order, as applicable, with respect to use of Cash Collateral.

  • Any party in interest shall have seven (7) days to object to any amended Cash Collateral Budget filed with the Court hereunder.

  • A “Permitted Variance” shall mean, for any Testing Period (as defined inthis paragraph), (i) any favorable variance, (ii) an unfavorable variance of not more than the greater of ten (10%) percent with respect to any disbursement line item in the Cash Collateral Budget or five (5%) percent in aggregate disbursements.

  • If the cash disbursements in any suchperiod are less than the amounts for such period in the applicable Cash Collateral Budget, then the Permitted Variance for such disbursements for the next succeeding periods shall be increased by an amount equal to such difference (and shall continue to roll over into successive periods to the extent such additional budgeted capacity is unused by the Debtor).

  • The Debtor shall provide to the Bond Trustee once each week (commencing with the second week after the Petition Date), a weekly report certified by the Debtor’s chief financial officer and in the same form as the Cash Collateral Budget indicating all receipts received and disbursements made by the Debtor in the applicable Testing Period compared to the Cash Collateral Budget and detailing any variances that are not Permitted Variance.

  • At such time as the amended Cash Collateral Budget becomes the Cash Collateral Budget, the Debtor shall file a copy thereof with this Court and shall provide a copy thereof to any party in interest upon request to the Debtor’s counsel.

  • A Revised Consensual Cash Collateral Budget was served and filed on January 8, 2019 [D.I. 314].

  • The Debtor’s authorization to use Cash Collateral shall last until the earlier of (i) a Termination Event, or (ii) the last day included in the Cash Collateral Budget.

  • If the cash disbursements in any suchperiod are less than the amounts for such period in the applicable Cash Collateral Budget, then the Permitted Variance for such disbursements for the next succeeding periods shall be increased by an amount equal to such difference (and shall continue to roll over into successive periods tothe extent such additional budgeted capacity is unused by the Debtor).


More Definitions of Cash Collateral Budget

Cash Collateral Budget means the budget approved by the Cash Collateral Order
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Cash Collateral Budget means the budgets filed by the Debtor in connection with and pursuant to the terms of the Cash Collateral Order.
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Cash Collateral Budget means the budget depicting cash revenue, receipts, expenses, and disbursements in connection with the Debtor’s use of cash collateral, which must be approved in accordance with the terms of the Final Cash Collateral Order.
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Cash Collateral Budget means that approved budget attached to the Cash Collateral Order, as such budget may be amended from time to time.
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Related to Cash Collateral Budget

  • L/C Cash Collateral Account means an interest bearing cash collateral account to be established and maintained by the Agent, over which the Agent shall have sole dominion and control, upon terms as may be satisfactory to the Agent.

  • Required Cash Collateral Amount shall have the meaning provided in Section 3.7(c).

  • Letter of Credit Cash Collateral Account means a blocked deposit account at Bank of America with respect to which Borrower hereby grants a security interest in such account to Administrative Agent for and on behalf of Lenders as security for Letter of Credit Usage and with respect to which Borrower agrees to execute and deliver from time to time such documentation as Administrative Agent may reasonably request to further assure and confirm such security interest.

  • Cash Collateral Accounts shall have the meaning given such term in Section 9(a).

  • Cash Collateral Account means a blocked account at a commercial bank specified by the Administrative Agent in the name of the Administrative Agent and under the sole dominion and control of the Administrative Agent, and otherwise established in a manner reasonably satisfactory to the Administrative Agent.

  • Cash Collateral Agreement shall have the meaning provided in Section 5.2(b).

  • Class A Cash Collateral Account means an Eligible Deposit Account in the name of the Subordination Agent maintained at an Eligible Institution, which shall be the Subordination Agent if it shall so qualify, into which all amounts drawn under the Class A Liquidity Facility pursuant to Section 3.5(c), 3.5(d), 3.5(i) or 3.5(m) shall be deposited.

  • Cash Collateral Account Agreement With respect to any Mortgage Loan, the cash collateral account agreement, if any, between the originator of such Mortgage Loan and the related Mortgagor, pursuant to which the related Cash Collateral Account, if any, may have been established.

  • Cash Collateral shall have a meaning correlative to the foregoing and shall include the proceeds of such cash collateral and other credit support.

  • Facility Letter of Credit Obligations means, as at the time of determination thereof, all liabilities, whether actual or contingent, of the Borrower with respect to Facility Letters of Credit, including the sum of (a) the Reimbursement Obligations and (b) the aggregate undrawn face amount of the then outstanding Facility Letters of Credit.

  • Tranche A Borrowing Base means, at any time of calculation, an amount equal to:

  • Final Cash Collateral Order means the Final Order (I) Authorizing Use of Cash Collateral, (II) Granting Adequate Protection, (III) Modifying the Automatic Stay to Permit Implementation, and (IV) Granting Related Relief [Docket No. 988] entered by the Bankruptcy Court on March 25, 2015, including all stipulations related thereto.

  • Cash Collateralization has a correlative meaning.

  • Required Revolving Facility Lenders means, at any time, Revolving Facility Lenders having (a) Revolving Facility Loans (other than Swingline Loans) outstanding, (b) Revolving L/C Exposures, (c) Swingline Exposures and (d) Available Unused Commitments that, taken together, represent more than 50% of the sum of (w) all Revolving Facility Loans (other than Swingline Loans) outstanding, (x) all Revolving L/C Exposures, (y) all Swingline Exposures and (z) the total Available Unused Commitments at such time; provided, that the Revolving Facility Loans, Revolving L/C Exposures, Swingline Exposures and Available Unused Commitment of any Defaulting Lender shall be disregarded in determining Required Revolving Facility Lenders at any time.

  • Borrowing Base means, at any time of calculation, an amount equal to:

  • Cash Collateral Order means the First Cash Collateral Order, as extended and modified by subsequent orders of the Bankruptcy Court [ECF Nos. 2402, 2726, 3207, 3480, 5580, 6128, 7378, 8081, 8467, 8671, 8958, 9112].

  • Cash Collateralize has the meaning specified in Section 2.03(g).

  • Cash Collateral Orders means, collectively, the Interim Cash Collateral Order and the Final Cash Collateral Order.

  • Facility LC Collateral Account is defined in Section 2.20.11.

  • Required Revolving Lenders means, as of any date of determination, Revolving Credit Lenders holding more than 50% of the sum of the (a) Total Revolving Credit Outstandings (with the aggregate amount of each Revolving Credit Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Revolving Credit Lender for purposes of this definition) and (b) aggregate unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the Total Revolving Credit Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Revolving Lenders.

  • Initial Collateral Amount means $757,097,792, which equals the sum of (i) the Class A Note Initial Principal Balance, (ii) the Class B Note Initial Principal Balance, (iii) the Class C Note Initial Principal Balance and (iv) the Initial Excess Collateral Amount.

  • U.S. Borrowing Base means, as of any date of determination, the result of:

  • Letter of Credit Obligations means all outstanding obligations incurred by Agent and Lenders at the request of Borrower, whether direct or indirect, contingent or otherwise, due or not due, in connection with the issuance of Letters of Credit by Agent or another L/C Issuer or the purchase of a participation as set forth in Annex B with respect to any Letter of Credit. The amount of such Letter of Credit Obligations shall equal the maximum amount that may be payable by Agent or Lenders thereupon or pursuant thereto.

  • Letter of Credit Collateral Account means a special deposit account maintained by the Administrative Agent, for the benefit of the Administrative Agent, the Issuing Bank and the Lenders, and under the sole dominion and control of the Administrative Agent.

  • Cash Collateralized and “Cash Collateralization” shall have a meaning analogous to the foregoing and shall include the proceeds of such cash collateral and other credit support.

  • Domestic Borrowing Base means, at any time of calculation, an amount equal to: