Cash Sweep Notice definition

Cash Sweep Notice shall have the meaning assigned to such term in the Senior Subsidiary Security Agreement.

Cash Sweep Notice means (a) any Blocked Account Cash Sweep Notice and (b) the Concentration Account Cash Sweep Notice.

Cash Sweep Notice has the meaning set forth in Section 4(D)(iii).

Examples of Cash Sweep Notice in a sentence

• The Holder shall have the right to require the Company, exercisable by delivery of written notice to the Company of exercise of such right (a “ Cash Sweep Notice”), to pay to the Holder in cash within two (2) Business Days following the delivery of such Cash Sweep Notice, all or a portion of the Cash Sweep Amount related to such Equity Issuance.

• The Holder shall have the right to require the Company, exercisable by delivery of written notice to the Company (with a copy to the Trustee) of exercise of such right (a “Cash Sweep Notice”), to redeem all or a portion of this Note in cash within three (3) Business Days following the delivery of such Cash Sweep Notice (regardless of whether the Company actually delivers a Cash Sweep Certification) for all or a portion of | the Cash Sweep Amount with respect to such Cash Sweep Financing.

• The Holder shall have the right to require the Company, exercisable by delivery of written notice to the Company of exercise of such right (a “ Cash Sweep Notice”), to pay to the Holder in cash within one (1) Business Day following the delivery of such Cash Sweep Notice (regardless of whether the Company actually delivers such Cash Sweep Certification) (a “Cash Sweep Payment Date”), all or a portion of the Cash Sweep Amount with respect to such Sale and Leaseback Transaction.

• The Holder shall have the right to require the Company, exercisable by delivery of written notice to the Company of exercise of such right (a “ Cash Sweep Notice”), to pay to the Holder in cash within one (1) Business Day following the delivery of such Cash Sweep Notice (regardless of whether the Company actually delivers a Cash Sweep Certification), all or a portion of the Cash Sweep Amount with respect to such Cash Sweep Financing.

More Definitions of Cash Sweep Notice

Cash Sweep Notice is defined in the Senior Subsidiary Security Agreement.

Cash Sweep Notice means a written notice by the DLIC Lender prior to October 9, 2020 electing to (i) apply 100% of Adjusted Distributable Earnings to the mandatory prepayment of Term Loans pursuant to Section 2.10(d)(iv)(ii), (ii) reduce the then Applicable Margin applicable to the Term Loans as described in the definition of “Applicable Margin” and (iii) reduce the amount of Warrant Shares (as such term is defined in the Warrant) or Restricted Shares (as such term is defined in the Restricted Stock Agreement), as applicable, to a number representing, solely as a result of this definition, 6.5% of the fully diluted ownership of the Issuer as of the Closing Date.