Cash Sweep Date definition

Cash Sweep Date means the last day of each fiscal quarter of the Borrower, commencing with December 31, 2005.
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Cash Sweep Date has the meaning provided in Section 7.17.
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Cash Sweep Date means each day which is five Business Days after the day on which the relevant Cash Sweep Certificate is (or is required to be) delivered.
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Examples of Cash Sweep Date in a sentence

  • On each Consolidated Cash Sweep Date, a weekly report in form reasonably satisfactory to the Administrative Agent detailing the Consolidated Cash Balance as of the last Business Day of the immediately preceding calendar week certified by a Responsible Officer of Holdings and the Borrower.

  • On each Consolidated Cash Sweep Date, a weekly report in form reasonably satisfactory to the Administrative Agent detailing the Consolidated Cash Balance as of the last Business Day of the immediately preceding calendar week certified by a Responsible Officer of Holdings and the Borrower; provided that, such weekly report shall only be required for any calendar week if Availability (determined as a percentage) at any time during such week was less than 50%.

  • WGL will make quarterly payments of the Gold Royalty to the Royalty Holder in arrears on each Cash Sweep Date and provide written details of the amount of any such payments to the Royalty Holder at the same time such payment is made.

  • Each Secured Party agrees that, notwithstanding the terms of any Share Security Agreement, on each Cash Sweep Date upon which a Permitted Distribution may be made, such Secured Party shall, upon request of the Borrower, instruct the Security Trustee to release sufficient dividends from such Share Security Agreement to make payment of such dividends.

  • The Company shall, within ten (10) Business Days of each Cash Sweep Date, prepay Loans in an amount equal to, and in the order of application contemplated by Clause 7.7 below (Partial Prepayment of Loans), [REDACTED – commercially sensitive information] of Excess Cashflow for the Cash Sweep Period ending on that Cash Sweep Date.

  • Any funds and cash proceeds not so credited to the Borrowers' operating account may, at the election of the Borrowers, or shall, in the case of mandatory prepayments pursuant to ss.3.2 and otherwise at the request of the Co-Agent, be applied as contemplated by ss.ss.2.10.1(b) and 2.10.2 as if the Cash Sweep Date had occurred.

  • WGL will make quarterly payments of the Gold Royalty to the Royalty Agent, for the account of the Royalty Holders, in arrears on each Cash Sweep Date falling after the New Ownership Date for the quarter most immediately preceding such Cash Sweep Date and provide written details of the amount of any such payments to the Royalty Holder at the same time such payment is made.


More Definitions of Cash Sweep Date

Cash Sweep Date means, at any time prior to the payment in full of all premium due in respect of the AON Insurance Policy, the fifth (5th) Business Day of each calendar month.
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Cash Sweep Date means any Calculation Date which is the last day of any period in respect of which a Lock-Up Event has been continuing for three (3) or more consecutive Calculation Dates (including such Calculation Date).
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Cash Sweep Date means each 5 January, 5 April, 5 July and 5 October each year (and if such date is not a Business Day, it shall be the following Business Day). "Cash Sweep Amount" means the amount to be used by the Issuer on the relevant Cash Sweep Repayment Date for the settlement of redemption of Bonds pursuant to Clause 10.1 (Redemption of Bonds and Cash Sweep).
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Cash Sweep Date means the last day of each January, April, July, October in each calendar year.
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Cash Sweep Date means each 5 January, 5 April, 5 July and 5 October each year (and if such date is not a Business Day, it shall be the following Business Day).
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Cash Sweep Date means the last Business Day of each calendar month. “Cooperation Undertakings” means obligations of the Obligors to ensure that:
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Related to Cash Sweep Date

  • Cash Sweep Period means each period commencing on the occurrence of a Cash Sweep Event and continuing until the earlier of (a) the Payment Date next occurring following the related Cash Sweep Event Cure, or (b) until payment in full of all principal and interest on the Loan and all other amounts payable under the Loan Documents.

  • Excess Cash Flow Payment Date means the date occurring ten (10) Business Days after the date on which the Borrower’s (or Parent Company’s) annual audited financial statements are required to be delivered pursuant to Section 9.01(b) (or Section 9.01(c)) (commencing with respect to the fiscal year ending December 31, 2021).

  • Trigger Event Date means a date on which a Trigger Event has occurred as determined by the Calculation Agent.

  • Net Monthly Excess Cash Flow For any Distribution Date the amount remaining for distribution pursuant to subsection 4.01(a)(iii) (before giving effect to distributions pursuant to such subsection).

  • Excess Cash Flow Period means each fiscal year of the Borrower, commencing with the fiscal year of the Borrower ending on December 31, 2016.