Cash Collateral Period definition

Cash Collateral Period means the period commencing on the First Amendment Effective Date and ending on the first Business Day following the Cash Collateral Termination Date.

Cash Collateral Period means each fiscal quarter during which the Borrower has pledged its Level I Cash Collateral Account to the Administrative Agent as security for the Obligations and its Level I Cash Collateral Account complies with the requirements in Section 5.21(c). The initial Cash Collateral Period is deemed to have commenced as of April 1, 2017, and will terminate on the last day of the fiscal quarter in which the Borrower satisfies the Level II Pricing Covenants in accordance with Section 7.11(c). Thereafter, each Cash Collateral Period may start on the first day of a fiscal quarter in accordance with Section 7.11, and will end on the last day of a fiscal quarter upon the satisfaction of the Level II Pricing Covenants for such fiscal quarter. While the initial Cash Collateral Period shall be deemed to have commenced on April 1, 2017, the Borrower’s initial obligation to cause its Level I Cash Collateral Account to comply with the requirements of Section 5.21 shall not commence until June 27, 2017.

Cash Collateral Period. The period beginning on the date that Louisiana Pacific shall deliver to the Administrative Agent under the Bank Credit Agreement a Cash Collateral Notice and ending on the Collateral Release Date

Examples of Cash Collateral Period in a sentence

• The Trustee retains the right to provide additional or different directions in the Cash Collateral Period Notice, including but not limited to amendments thereof.

• The then existing Cash Collateral Period Notice shall remain effective until revoked or modified from time to time by the Trustee.

• After the expiration of the Cash Collateral Period, Debtor shall forthwith cease to use any Cash Collateral except to the extent otherwise allowed by order of the Court after notice and a hearing.

• The Debtor is hereby authorized to use Berkadia Cash Collateral and First-Citizens Cash Collateral during the Interim Cash Collateral Period, subject to the conditions and limitations set forth herein.

• The Budget attached to the Extension Notice shall constitute the Budget as contemplated by this Order for the extended Cash Collateral Period.

• Prior to the Clearing Bank's receipt of a Cash Collateral Period Notice and again following receipt by the Clearing Bank from the Trustee of written notice from the Trustee that the Cash Collateral Period corresponding to the Cash Collateral Period Notice has ended (the "Cash Collateral Period Termination Notice"), the Authority has the right to make withdrawals from the Construction Accounts pursuant to the Cash Collateral Agreement.

• During a Cash Collateral Period, the Clearing Bank shall debit the Operating Account by the amount of its fees on a monthly basis or shall include its fees in an account analysis statement.

• During the Cash Collateral Period (as defined below), Debtors shall be authorized to use the rents and proceeds from the collection of accounts relating to the Apartments (the “Cash Collateral”) only for Permitted Purposes (as defined below).

• The Debtor seeks the entry of an order in the form attached as Exhibit A approving the use of cash collateral and granting adequate protection during the Cash Collateral Period.

• The Authority hereby irrevocably instructs and authorizes the Clearing Bank upon and following written direction from the Trustee (as amended from time to time by the Trustee, the "Cash Collateral Period Notice") to disburse on the each business day via the ACH System, if available, or otherwise by wire transfer, to a bank and account as shall be designated by the Trustee, all amounts constituting available funds on deposit in the Operating Account.

More Definitions of Cash Collateral Period

Cash Collateral Period has the meaning ascribed thereto in Section 3.14;

Cash Collateral Period is the period of time commencing on the occurrence of a Yutrepia Action and ending if and when (if ever) Agent, in its sole and absolute discretion, determines that the Cash Collateral Period shall end. “Cash Equivalents” are (a) marketable direct obligations issued or unconditionally guaranteed by the United States or any agency or any State thereof having maturities of not more than one (1) year from the date of acquisition; (b) commercial paper maturing no more than one (1) year after its creation and having the highest rating from either Standard & Poor’s Ratings Group or Mxxxx’x Investors Service, Inc.; (c) SVB’s certificates of deposit issued maturing no more than one (1) year after issue; and (d) money market funds at least 95.0% of the assets of which constitute Cash Equivalents of the kinds described in clauses (a) through (c) of this definition.

Cash Collateral Period means any period commencing on a Cash Collateral Deposit Date and ending on the immediately following Cash Collateral Release Date.

Cash Collateral Period shall have the meaning set forth in Section 5.12.