Examples of Funded Cash in a sentence

To the extent that the Company shall be entitled to withdraw proceeds of insurance pursuant to this subsection (c), such proceeds shall be deemed not to constitute Funded Cash.
The interest received by the Trustee on any such obligations shall be deemed not to constitute Funded Cash and shall be remitted to the Company; provided, however, that if an Event of Default shall have occurred and be continuing, such proceeds shall be held as part of the Mortgaged Property until such Event of Default shall have been cured or waived.
The interest received by the Trustee on any such Purchase Money Obligations shall be deemed not to constitute Funded Cash and shall be remitted to the Company free and clear of any Lien; provided, however, that if an Event of Default shall have occurred and be continuing, such proceeds shall constitute Mortgaged Property and shall be retained by the Trustee until such Event of Default shall have been cured or waived.
All replaced property, to the extent that it has been built or acquired with the proceeds of Funded Cash pursuant to this clause (b), shall constitute Mortgaged Property and Funded Property.
For the repayment of all such advances by the Trustee the Trustee shall have the right to use and apply any Funded Cash held by it pursuant to Section 8.06, but no such use or application of Funded Cash nor any such advance shall relieve the Company from any default hereunder.

More Definitions of Funded Cash

Funded Cash means that portion of the Mortgaged Property which consists of:

Funded Cash has the meaning specified in Section 1.02(b).

Funded Cash is defined in Section 1.05 hereof.

Funded Cash means: (i) cash held by the Trustee hereunder, to the extent that it represents the proceeds of insurance on, or cash deposited in connection with the release of, property, or the proceeds of the release of obligations secured by a Purchase Money Lien which obligations have been delivered to the Trustee pursuant to Article VIII and used as a credit in any application for the release of property hereunder, or the proceeds of payment to the Trustee on account of the principal of obligations secured by a Purchase Money Lien which obligations have been delivered to it pursuant to Article VIII and used as a credit in any application for the release of property hereunder, all subject, however, to the provisions of Section 8.06(c); (ii) any cash deposited with the Trustee under Section 4.05; and (iii) any cash received by the Trustee from the payment of the principal of Pledged Bonds.

Funded Cash means: (i) cash, held by the Trustee hereunder, in connection with the release of First Mortgage Bonds or the release of Mortgaged Property pursuant to Sections 1514 and 1516, subject to the provisions of Section 1517; (ii) any cash received by the Trustee from the payment of the principal of First Mortgage Bonds delivered to and held by the Trustee pursuant to Section 1508; and (iii) any cash, held by the Trustee hereunder, in connection with the authentication and delivery of Securities pursuant to Section 1505.

Funded Cash has the meaning specified in Section 1502.

Funded Cash means: a. Cash (held by the Trustee hereunder or by the trustee or other holder of any mortgage or other lien constituting a prior lien) to the extent that it represents the proceeds of insurance on or the release of or the taking by eminent domain of funded property; b. Any cash deposited with the Trustee under Section 1 of Article Seven hereof; c. Any cash deposited with the Trustee under Sections 12 and 14 of Article Eight, Section 4 of Article Nine and Section 3 of Article 3 of Article Eleven hereof; d. Any cash deposited with the Trustee under Section 5 of Article Eight or under Section 8 of Article One of the Fourth, Fifth, Sixth, Seventh, Tenth, Eleventh, Twelfth, Thirteenth, Fourteenth, Fifteenth, Seventeenth, Nineteenth, Twentieth, Twenty-Second or Twenty-Sixth Supplemental Indentures to this Indenture. “funded cash”;