Cash Collateral Use definition

Cash Collateral Use with the consent of the Administrative Agent (acting at the direction of the Required Lenders), each Tranche B Term Lender agrees that no objection will be raised by the Tranche B Administrative Agent or any of the Tranche B Term Lenders (and they will not request the Administrative Agent to make or support any such objection) to any such DIP Financing or Cash Collateral Use on any grounds so long as:
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Cash Collateral Use has the meaning set forth in Section 3(c)(i) hereof.
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Cash Collateral Use has the meaning set forth in Section 2.5(b).
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Examples of Cash Collateral Use in a sentence

  • Omnibus Response of the Official Committee of Equity Security Holders to Debtor's (A) Motion to Approve Postpetition Financing and Cash Collateral Use and Related Relief and (B) Motion to Approve Bid Procedures [D.I. 137; filed on April 19, 2016].

  • Calculating the distance measure we use (the ’nor- malized Levenshtein distance’, or LDN), requires one more operation: the ’raw LD’ is divided by the length (in terms of segments) of the longer of the two words compared.

  • Bolton, et al., Cash Collateral Use and Debtor-in- Possession Financing (State Bar of Tex./Nuts & Bolts of Bus.

  • See Objection Initial Objection of the Ad Hoc Equity Committee to Debtor's (A) Motion to Approve Postpetition Financing and Cash Collateral Use and Related Relief and (B) Motion to Approve Bid Procedures; Request for Adjournment; and Reservation of Rights [Docket No. 82] at ¶ 2.

  • An application for revision shall be dealt within the same manner as if it were an appeal under these regulations.

  • On February 28, 2011, the Court entered the Third Interim Order Authorizing Cash Collateral Use, Granting Related Relief, and Scheduling the Fourth Interim Hearing [Docket No. 89] (the “Third Interim Cash Collateral Order”).

  • In addition, GCB may seek an allowed super-priority administrative claim pursuant to Section 507(b) of the Code for the Cash Collateral Use Amount, which shall have priority over any and all other indebtedness, all administrative expenses and priority expenses of any kind.

  • Now they want to deprive Mr. Saverin of the rights he bargained for and earned by supporting 4 Objection Initial Objection of the Ad Hoc Equity Committee to Debtor's (A) Motion to Approve Postpetition Financing and Cash Collateral Use and Related Relief and (B) Motion to Approve Bid Procedures; Request for Adjournment; and Reservation of Rights [Docket No. 82] (“Pinnacle/137 Ventures Objection”).the Company with additional investment.

  • The Festival reserves the right to decline any Food Stallholder who has/does not comply with the theme, goodwill or code of conduct of the Festival.

  • The Court originally entered its Order on Motion for Entry of Orders (1)21 Approving Post-Petition Financing and Related Liens and Adequate Protection; (2) Approving22 Cash Collateral Use and Related Liens and Adequate Protection, and (3) Granting Related Relief23 (“DIP Order”) on December 22, 2017.


More Definitions of Cash Collateral Use

Cash Collateral Use has the meaning set forth in Section 1(b)(I) of this Schedule 14 to the Loan Agreement.
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Cash Collateral Use means the use of cash collateral (as defined in the Bankruptcy Code) consented to by Administrative Agent and Lenders in accordance with the Restructuring Term Sheet, on terms and conditions satisfactory to Administrative Agent and Lenders.
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Related to Cash Collateral Use

  • 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.

  • 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 Order means an order entered by the Bankruptcy Court authorizing the Company to use cash collateral on a final (as opposed to interim) basis pursuant to sections 361 and 363 of the Bankruptcy Code, which order shall be acceptable to the Investor and shall contain a cash budget that is similar in all material respects to the budget attached hereto as Exhibit A.

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

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

  • Letter of Credit Collateral Account has the meaning assigned to such term in Section 2.05(k).

  • Letter of Credit Facility means, at any time, an amount equal to the amount of the Issuing Bank’s Letter of Credit Commitment at such time, as such amount may be reduced at or prior to such time pursuant to Section 2.05.

  • LC Collateral Account has the meaning assigned to such term in Section 2.06(j).