Cash Management Letters definition

Cash Management Letters has the meaning ascribed to it in Annex D. "Cash Management Systems" has the meaning ascribed to it in Section 1.8.
Sample 1
Cash Management Letters means the collective reference to the letter ----------------------- agreements by and between one or more Credit Parties and the Administrative Agent, any Lender or any other depository institution, in form and substance satisfactory to the Administrative Agent, pursuant to which the Administrative Agent, such Lender or such depository institution, as the case may be, shall maintain a Deposit Account, as such Cash Management Letters may be amended, restated or otherwise modified.
Sample 1
Cash Management Letters means (i) the Cash Manager Cash Management Agreement, (ii) each letter agreement among each Loan Party, its Subsidiaries (if applicable), the financial institutions at which Deposit Accounts are located pursuant to the Cash Management System and the Agent, in each case substantially in the form of Exhibit IX annexed hereto with such changes as are acceptable to the Agent (approval of such changes not to be unreasonably withheld or delayed, and (iii) all other agreements with or directions to the financial institutions at which Deposit Accounts are located reasonably satisfactory to the Agent, 8 20 in either case pursuant to which, in accordance with subsection 5.15, such financial institutions are to direct funds from such Deposit Accounts to the Concentration Account.
Sample 1

Examples of Cash Management Letters in a sentence

  • The Borrower is a party to the Security Agreement, Trademark Agreement, Omnibus Management and Liquor License Agreement, the Atlanta Collateral Assignment, the Cash Management Letters and the Mortgages pursuant to which the Borrower has pledged and created Liens on certain Collateral to secure the Obligations.

  • On or prior to the Effective Date, the Company will obtain for the benefit of the Agent Cash Management Letters with respect to each of its collection accounts set forth on Schedule 6.10.

  • All Cash Management Letters with respect to the Local Accounts listed on Schedule 5.17 annexed hereto shall be delivered to the Administrative Agent, in form and substance reasonably satisfactory to the Administrative Agent, on or before the last day of the third calendar month after the calendar month in which the Closing Date shall occur.

  • The Company is a party to Certain Mortgages, certain Assignments of Rents and Leases, the Security Agreement, the Trademark Agreement, the Cash Management Letters, the Omnibus Management and Liquor License Agreement and certain other Security Documents pursuant to which the Company has created Liens in favor of the Agent on, or pledged in favor of the Agent, certain Collateral to secure the Obligations.

  • Occupants agree to pay agent twenty-five dollars ($25.00) for any check returned unpaid by any bank, and any payment made by such check will be considered never to have been made.


More Definitions of Cash Management Letters

Cash Management Letters means each of the letter agreements among Borrowers, the financial institutions at which Deposit Accounts are located pursuant to the Cash Management System and Lender, in each case substantially in the form of Exhibit II annexed hereto with such changes as are requested or otherwise acceptable to Lender.
Sample 1
Cash Management Letters means (i) each letter agreement with respect to the Local Accounts among the applicable Loan Parties, the financial institutions at which Deposit Accounts are located pursuant to the Cash Management System and the Administrative Agent, in each case substantially in the form of Exhibit XXII annexed hereto with such changes as are acceptable to the Administrative Agent, (ii) the Cash Manager Cash Management Agreements, and (iii) all other agreements with or directions to the financial institutions at which Deposit Accounts are located satisfactory to the Administrative Agent, in either case pursuant to which, in accordance with Section 6.11, such financial institutions are to direct funds from such Deposit Accounts to the Concentration Account.
Sample 1
Cash Management Letters means each of the letter agreements among Borrower, its Subsidiaries (if applicable), the financial institutions at which Deposit Accounts are located pursuant to the Cash Management System and Collateral Agent in each case substantially in the form of Exhibit XII to the Existing Credit Agreement and Exhibit XII annexed hereto with such changes as are acceptable to Collateral Agent, pursuant to which Collateral Agent may, in accordance with subsection 6.10, give notice to such financial institutions to redirect funds from such Deposit Accounts to the Collection Account.
Sample 1
Cash Management Letters means (i) each letter agreement with respect to the Local Accounts among the applicable Loan Parties, the financial institutions at which Deposit Accounts are located pursuant to the Cash Management System and the Agent, in each case substantially in the form of EXHIBIT XII annexed hereto with such changes as are acceptable to the Agent, (ii) the Cash Manager Cash Management Agreement, and (iii) all other agreements with or directions to the financial institutions at which Deposit Accounts are located satisfactory to the Agent, in either case pursuant to which, in accordance with subsection 6.15, such financial institutions are to direct funds from such Deposit Accounts to the Concentration Account.
Sample 1

Related to Cash Management Letters

  • Cash Management Agreements means those certain cash management agreements, in form and substance satisfactory to Agent, each of which is among the applicable Credit Party, Agent, and one of the Cash Management Banks.

  • Cash Management Agreement means any agreement to provide cash management services, including treasury, depository, overdraft, credit or debit card, electronic funds transfer and other cash management arrangements.

  • Cash Management Arrangements means all cash management arrangements pursuant to which Honeywell or its Subsidiaries automatically or manually sweep cash from, or automatically or manually transfer cash to, accounts of SpinCo or any member of the SpinCo Group.

  • Secured Cash Management Agreement means any Cash Management Agreement that is entered into by and between any Credit Party and any Cash Management Bank.

  • Cash Management Systems has the meaning ascribed to it in Section 1.8.

  • Cash Management Document means any certificate, agreement or other document executed by any Loan Party in respect of the Cash Management Obligations of any Loan Party.

  • Cash Management System shall have the meaning assigned to such term in Section 9.01.

  • Specified Cash Management Agreement any agreement providing for treasury, depositary or cash management services, including in connection with any automated clearing house transfers of funds or any similar transactions between the Borrower or any Guarantor and any Lender or affiliate thereof or any Agent or affiliate thereof, which has been designated by such Lender and the Borrower, by notice to the Administrative Agent not later than 90 days after the execution and delivery by the Borrower or such Guarantor, as a “Specified Cash Management Agreement”.

  • Cash Management Order means an order of the Bankruptcy Court, in form and substance acceptable to the Required Lenders, (i) approving and authorizing the Loan Parties to use existing cash management system, (ii) authorizing and directing banks and financial institutions to honor and process checks and transfers, (iii) authorizing continued use of intercompany transactions, (iv) waiving requirements of Section 345(b) of the Bankruptcy Code and (v) authorizing the Loan Parties to use existing bank accounts and existing business forms.

  • Cash Management Bank means any Person that, at the time it enters into a Cash Management Agreement, is a Lender or an Affiliate of a Lender, in its capacity as a party to such Cash Management Agreement.

  • Cash Management Accounts means the bank accounts of each Loan Party maintained at one or more Cash Management Banks listed on Schedule 8.01.

  • Guaranteed Cash Management Agreement means any Cash Management Agreement that is entered into by and between any Loan Party and any Cash Management Bank.

  • Cash Management Services means any cash management or related services including treasury, depository, return items, overdraft, controlled disbursement, merchant store value cards, e-payables services, electronic funds transfer, interstate depository network, automatic clearing house transfer (including the Automated Clearing House processing of electronic funds transfers through the direct Federal Reserve Fedline system) and other cash management arrangements.

  • Cash Management Account has the meaning set forth in Section 2.7(a).

  • Cash Management Obligations means obligations owed by the Borrower or any Restricted Subsidiary to any Lender or any Affiliate of a Lender in respect of any overdraft and related liabilities arising from treasury, depository and cash management services or any automated clearing house transfers of funds.

  • Cash Management Reserves means such reserves as the Agent, from time to time, determines in its Permitted Discretion as being appropriate to reflect the reasonably anticipated liabilities and obligations of the Loan Parties with respect to Cash Management Services then provided or outstanding.

  • Cash Manager means Northern Rock or such other person or persons for the time being acting, pursuant to the Cash Management Agreement, as agent for the Mortgages Trustee, Funding and (following enforcement of the Funding Security) the Security Trustee for the purposes of, inter alia, managing all cash transactions and maintaining certain ledgers on behalf of the Mortgages Trustee, Funding and (following enforcement of the Funding Security) the Security Trustee;

  • Cash Management Obligation means, as applied to any Person, any direct or indirect liability, contingent or otherwise, of such Person under or in respect of a Cash Management Agreement.

  • Secured Cash Management Obligations means Obligations under Secured Cash Management Agreements.

  • Management Letter means formal communications from the auditor to the client management in accordance with the International Standard on Auditing 265 (communicating deficiencies in internal control to those charged with governance and management), which is not required to be provided separately as it is equivalent to the Audit Findings and Recommendations prepared by the Project auditor and submitted to ADB;

  • Management Arrangements means the arrangements for the strategic management of the relationship between the Authority and the Contractor, including arrangements for monitoring of the Contractor’s compliance with the Specification, the Service Levels, the Award Procedures and the terms of this Framework Agreement, set out in Schedule 4.

  • Management Agreements shall have the meaning provided in Section 5.05.

  • Financing Arrangements means the arrangements between the Borrower and the State as per current policy of the Borrower, and acceptable to ADB;

  • Credit Enhancement Agreements means, collectively, any documents, instruments, guarantees or agreements entered into by the Company, any of its Restricted Subsidiaries, or any Receivables Entity for the purpose of providing credit support for one or more Receivables Entities or any of their respective securities, debt instruments, obligations or other Indebtedness.

  • Treasury Management Arrangement means any agreement or other arrangement governing the provision of treasury or cash management services, including deposit accounts, overdraft, credit or debit card, funds transfer, automated clearinghouse, zero balance accounts, returned check concentration, controlled disbursement, lockbox, account reconciliation and reporting and trade finance services and other cash management services.

  • Management Services Agreements means, collectively, (i) the Management Services Agreement, dated as of August 4, 2020, by and between Peabody Investments Corp. and each of the Client Companies listed on the signature page thereto and (ii) the Management Services Agreement, dated as August 4, 2020, by and between Peabody Energy Australia Pty Ltd and each of the Client Companies listed on the signature page thereto, in each case, as amended, modified or replaced from time to time so long as the amended, modified or new arrangements, taken as a whole at the time such arrangements are entered into, are not materially less favorable to the Main Issuer and its Subsidiaries than those in effect on the Issue Date.