Cash on Deposit definition
Cash on Deposit means the aggregate cash balance in ALC Funding's account with PNC Bank, Delaware which is assigned to the Agent pursuant to the Assignment of Account.
Cash on Deposit means the sum of the Cash on Deposit (ALC Funding), the Cash on Deposit (ATI Funding) and any Additional Cash on Deposit.
Cash on Deposit means the aggregate amount of permitted investments under Section 7.4 and cash balances in LESCO's deposit accounts to the extent that such permitted investments and cash deposits (i) are assigned to the Agent to secure the Obligations pursuant to the Assignment of Account or other agreement acceptable to the Agent, and (ii) are subject to a first priority security interest in favor of the Agent.
Examples of Cash on Deposit in a sentence
SCHEDULE 11 TREASURY MANAGEMENT GENERAL PRINCIPLES 1 Cash on Deposit Where any Jointly-owned Entity has a cash surplus, the Managing Party shall invest such surplus to obtain the best market rate reasonably available.
I) $ Cash on Deposit (Bank _______________________) Notes Payable to Relatives (Sched.
These utility costs are not included in the Cash on Deposit or any Letter of Credit provided to the Village.