Examples of Cash Collateral Funds in a sentence
Provided no Trigger Period is continuing as of two (2) consecutive Calculation Dates, Lender shall release Cash Collateral Funds in the Cash Collateral Account to Borrower; provided, that in the event of a Debt Yield Cure Prepayment, Lender shall release Cash Collateral Funds in the Cash Collateral Account to Borrower within one (1) Business Day of the date of such Debt Yield Cure Prepayment.
Upon the making of the disbursement from the Collateral Account of the Cash Collateral Funds in an amount equal to the amount of the Advance requested in Borrower's Requisition in the manner set forth therein, all materials and labor theretofore supplied or performed in connection with the Property that do not constitute Hard Costs will have been paid for in full.