GENERAL CASH COLLATERAL ACCOUNT definition

GENERAL CASH COLLATERAL ACCOUNT means the account established by the Borrower pursuant to the provisions of Section 2.4.
GENERAL CASH COLLATERAL ACCOUNT has the meaning assigned to such term in Section 2.22(a).
GENERAL CASH COLLATERAL ACCOUNT means account number 00000000 maintained by the Borrower with Barclays Bank PLC and designated "General Cash Collateral Account". -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- "GENERATION" means Independent Energy Generation Limited (Registered No. 3276984).

Examples of GENERAL CASH COLLATERAL ACCOUNT in a sentence

  • At, or at any time before, the time any Borrower shall be required to make a deposit into the General Cash Collateral Account, the Administrative Agent shall establish and maintain at its offices at Xxx Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx in the name of the Company but under the sole dominion and control of the Administrative Agent, a cash collateral account designated as "SFX Entertainment, Inc./Cash Collateral Account" (the "GENERAL CASH COLLATERAL ACCOUNT").


More Definitions of GENERAL CASH COLLATERAL ACCOUNT

GENERAL CASH COLLATERAL ACCOUNT. Heavenly Purchase Agreement", "Heavenly Sale", "Liquidity Balance," "Minimum Liquidity", "Mount Snow Mortgaged Property", "Operating Account," "PIK Amount," "Reserves," "Steamboat Parcel Sale(s)", "Tranche A Advance", "Tranche A Advance Requirements", "Tranche A Amendment Closing Date Balance", "Tranche A Maturity Date," "Tranche A Maximum Credit Amount", "Tranche B Amendment Closing Date Balance," "Tranche B Maturity Date", "Tranche C Remaining Balance" and "Tranche C Warrants" and (y) inserting the definitions listed below. Revised definitions of certain of these deleted terms are set forth below. To the extent that any of the terms identified above are not redefined below, all references to such terms within the text of the Credit Agreement are hereby deleted.
GENERAL CASH COLLATERAL ACCOUNT means the account established by the Borrower pursuant to the provisions of Section 4.1.

Related to GENERAL CASH COLLATERAL ACCOUNT

  • L/C Cash Collateral Account means an interest bearing cash collateral account to be established and maintained by the Agent, over which the Agent shall have sole dominion and control, upon terms as may be satisfactory to the Agent.

  • Cash Collateral Account means a blocked account at a commercial bank specified by the Administrative Agent in the name of the Administrative Agent and under the sole dominion and control of the Administrative Agent, and otherwise established in a manner reasonably satisfactory to the Administrative Agent.

  • Cash Collateral Accounts shall have the meaning given such term in Section 9(a).

  • Class A Cash Collateral Account means an Eligible Deposit Account in the name of the Subordination Agent maintained at an Eligible Institution, which shall be the Subordination Agent if it shall so qualify, into which all amounts drawn under the Class A Liquidity Facility pursuant to Section 3.5(c), 3.5(d), 3.5(i) or 3.5(m) shall be deposited.

  • Cash Collateral Account Agreement With respect to any Mortgage Loan, the cash collateral account agreement, if any, between the originator of such Mortgage Loan and the related Mortgagor, pursuant to which the related Cash Collateral Account, if any, may have been established.

  • Letter of Credit Cash Collateral Account means a blocked deposit account at Bank of America with respect to which Borrower hereby grants a security interest in such account to Administrative Agent for and on behalf of Lenders as security for Letter of Credit Usage and with respect to which Borrower agrees to execute and deliver from time to time such documentation as Administrative Agent may reasonably request to further assure and confirm such security interest.

  • LC Collateral Account has the meaning assigned to such term in Section 2.06(j).

  • Facility LC Collateral Account is defined in Section 2.20.11.

  • Collateral Account is any Deposit Account, Securities Account, or Commodity Account.

  • Letter of Credit Collateral Account means a special deposit account maintained by the Administrative Agent, for the benefit of the Administrative Agent, the Issuing Bank and the Lenders, and under the sole dominion and control of the Administrative Agent.

  • Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.

  • Cash Collateral shall have a meaning correlative to the foregoing and shall include the proceeds of such cash collateral and other credit support.

  • Required Cash Collateral Amount shall have the meaning provided in Section 3.7(c).

  • Cash Collateral Agreement shall have the meaning provided in Section 5.2(b).

  • L/C Cash Deposit Account means an interest bearing cash deposit account to be established and maintained by the Agent, over which the Agent shall have sole dominion and control, upon terms as may be satisfactory to the Agent.

  • Swap Collateral Account means a single, segregated trust account in the name of the Indenture Trustee, which shall be designated as the “Swap Collateral Account” which shall be held in trust for the benefit of the Noteholders established pursuant to Section 4.8(e) of the Sale and Servicing Agreement.]

  • Collateral Deposit Account shall have the meaning set forth in Section 7.1(a).

  • Reserve Account Property shall have the meaning specified in Section 4.7(a) of the Sale and Servicing Agreement.

  • Collateral Account Bank a bank which at all times is a Collateral Agent or a Lender or an affiliate thereof as selected by the relevant Grantor and consented to in writing by the Collateral Agent (such consent not to be unreasonably withheld or delayed).

  • Collateral Account Agreement means the Collateral Account Agreement executed and delivered by Company and Administrative Agent on the Closing Date, substantially in the form of EXHIBIT XXIII annexed hereto, as such Collateral Account Agreement may hereafter be amended, supplemented or otherwise modified from time to time.

  • Designated Account Property The Designated Accounts, all cash, investments, Financial Assets, securities and investment property held from time to time in any Designated Account (whether in the form of deposit accounts, Physical Property, book-entry securities, Uncertificated Securities or otherwise), including the Reserve Account Deposit, and all proceeds of the foregoing but excluding all Investment Earnings thereon.

  • Cash Reserve Account means an Eligible Deposit Account established in the name of the Trust and designated as the Cash Reserve Account for the purposes hereof, the balance of which shall be subject to the control of the Trust for the benefit of the Trust and the Seller and applied in accordance with the terms hereof, which account shall bear interest and shall initially be account number [*], maintained at [*];

  • Collateral Proceeds Account a non-interest bearing cash collateral account established and maintained by the relevant Grantor at an office of the Collateral Account Bank in the name, and in the sole dominion and control of, the Collateral Agent for the benefit of the Secured Parties.

  • Reserve Account Draw Amount means, for any Payment Date, an amount equal to the lesser of (a) the Available Funds Shortfall Amount, if any, for such Payment Date and (b) the amount of cash or other immediately available funds on deposit in the Reserve Account (excluding any net investment earnings) on such Payment Date; provided, however, that if such Payment Date is the Redemption Date, the “Reserve Account Draw Amount” shall mean an amount equal to the amount of cash or other immediately available funds on deposit in the Reserve Account on the Redemption Date.

  • Proceeds Account means a bank account of the Issuer, into which the Net Proceeds from the Initial Bond Issue will be transferred and which has been pledged in favour of the Agent and the Bondholders (represented by the Agent) under the Proceeds Account Pledge Agreement.

  • Reserve Account Initial Deposit means cash or Eligible Investments having a value of at least $____________.