Cash Collateralized Letters of Credit means any letter of credit permitted pursuant to Section 8.1(k) and subject to a Cash Collateral Agreement, along with any renewals, replacements or extensions thereof. The Cash Collateralized Letters of Credit as of the Closing Date are described by amount and the date of expiry on Schedule 1.1B.
Cash Collateralized Letters of Credit means any cash collateralized letters of credit (other than Letters of Credit issued hereunder) or bank guarantees issued by Bank of America or Xxxxx Fargo (or other banks in jurisdictions in which neither Bank of America nor Xxxxx Fargo can issue letters of credit or bank guarantees) issued on behalf of the Borrower or its Subsidiaries.
Cash Collateralized Letters of Credit means any letter of credit permitted pursuant to Section 4.03(b)(14) and subject to a Cash Collateral Agreement, along with any renewals, replacements or extensions thereof.
Examples of Cash Collateralized Letters of Credit in a sentence
The Lenders agree that until payment in full of all Financial Obligations owed to all Lenders, the Lenders shall be entitled to receive and shall be paid Guarantor Payments and all payments, distributions, collections or recoveries and all other matters relating to the Collateral hereunder and under each of the Security Documents other than the Cash Collateralized Letters of Credit as provided in Section 3.2. Distribution of Proceeds.
Cash held by the Bank Agent as collateral for the Cash Collateralized Letters of Credit (and to the extent there is any surplus, as bailee of the surplus cash collateral under the Security Documents) shall be applied by the Bank Agent as follows: Reimbursement Obligations.
More Definitions of Cash Collateralized Letters of Credit
Cash Collateralized Letters of Credit means Letters of Credit, or a portion thereof, to the extent the Borrowers have provided Cash Collateral that remains in the sole dominion and control of the Administrative Agent in an amount no less than the Minimum Collateral Amount pursuant to Section 2.15(a)(iv).
Cash Collateralized Letters of Credit means the letters of credit issued pursuant to any Cash Collateralized Letter of Credit and Reimbursement Agreement.
Cash Collateralized Letters of Credit means any letter of credit permitted pursuant to Section 8.1(k) and subject to a Cash Collateral Agreement, along with any renewals, replacements or extensions thereof. The Cash Collateralized Letters of Credit as of the Closing Date are described by date of issuance, amount, purpose and the date of expiry on Schedule 1.1B.
Cash Collateralized Letters of Credit means any letter of credit that is 100% cash collateralized.
Cash Collateralized Letters of Credit has the meaning set forth in the definition of Permitted Liens.
Cash Collateralized Letters of Credit means the existing letters of credit set forth on Part I of Schedule 2.03 and any other letter of credit designated as a “Cash Collateralized Letter of Credit” pursuant to the last sentence of Section 2.03(a)(i).
Cash Collateralized Letters of Credit means the Purchaser Cash Collateralized Letters of Credit and the Sellers Cash Collateralized Letters of Credit.