Cash Collateral Reserve shall have the meaning assigned to such term in Section 4.04.
Cash Collateral Reserve has the meaning given such term in Section 7.3.7.
Cash Collateral Reserve. A Reserve established by Pledgor with Lender by the deposit of the amount of TWO MILLION FIVE HUNDRED THOUSAND AND NO/100 DOLLARS ($2,500,000.00) as additional collateral security for the prompt payment of the Indebtedness and performance in full when due of the Obligations.
Examples of Cash Collateral Reserve in a sentence
Amounts deposited into the Cash Collateral Reserve are referred to as the “Cash Collateral Funds.” Required Lenders shall have the right, but not the obligation, at any time during the continuance of an Event of Default, in the sole and absolute discretion of Required Lenders, to cause Collateral Agent to direct the Cash Management Account Bank to disburse any Cash Collateral Funds (and any other Collateral) to the Obligations, in such order and in such manner as Required Lenders shall determine.
More Definitions of Cash Collateral Reserve
Cash Collateral Reserve. In the event of an Early Amortisation Event of the type described in any of paragraphs (3), (4), (8), (9) or (in respect of insolvency events only) (20) and (21) of the definition of "Early Amortisation Event", or in the event of an Early Amortisation Event (as that term is defined in the Receivables Subrogation Agreement), Exide Funding shall forthwith pay to the Operating Agent on behalf of the Buyer the amount of the Cash Collateral Reserve by way of indemnity. The Cash Collateral Reserve shall be applied by the Operating Agent to payment of the following amounts in the following order:
Cash Collateral Reserve has the meaning given it in Section 2.10.
Cash Collateral Reserve means an amount equal, at any time, to the aggregate amount of Net Disposition Proceeds that have been applied to the Obligations from and after the Closing Date.
Cash Collateral Reserve means any cash collateral held by Lender to secure the Obligations, including contingent reimbursement obligations of Borrowers relating to outstanding Letters of Credit.
Cash Collateral Reserve means the cash reserve held by Exide Funding pursuant to Clause 6 of the Limited Recourse Loan Agreement.
Cash Collateral Reserve means the funds in the approximate amount of $40,000
Cash Collateral Reserve means, at any time, the amount equal to the difference between (a) the Required Cash Collateral Amount (as defined in the Investment Property Pledge Agreement) at such time, and (b) the amount of all cash and Cash Equivalents in the Specified Cash Collateral Account (as defined in the Investment Property Pledge Agreement) at such time.