General Cash Collateral Amount definition

General Cash Collateral Amount means the outstanding balance of the Cash Collateral Account from time to time other than the balance standing to the credit of the Interest Compensation Ledger and the Retained Profit Xxxxxx.
Sample 1Sample 2Sample 3
General Cash Collateral Amount means the outstanding balance of the Cash Collateral Account from time to time, other than the balance standing to the credit of the Interest Compensation Ledger and the Collateral RV Ledger.
Sample 1Sample 2Sample 3
General Cash Collateral Amount means the funds standing to the credit of the Cash Collateral Account (except for amounts representing the Set-Off Risk Reserve) from time to time.
Sample 1

Examples of General Cash Collateral Amount in a sentence

  • The Interest Compensation Ledger will not form part of the General Cash Collateral Amount.

  • In addition, the Servicer is entitled to utilise the General Cash Collateral Amount to the extent and in the amounts as agreed with its auditors for the purposes of the Clean-Up Call Option.

  • The funds in the Cash Collateral Account (other than the balance standing to the credit of the Interest Compensation Ledger and the Retained Profit Ledger) are referred to as the "General Cash Collateral Amount".

  • Prior to the occurrence of a Foreclosure Event, on each Payment Date, after the payment of interest on the Notes and certain other amounts payable by the Issuer, any remaining portion of the Available Distribution Amount will be deposited in the Cash Collateral Account until the General Cash Collateral Amount on deposit in the Cash Collateral Account equals the Specified Cash Collateral Account Balance.

  • On the last occurring Final Maturity Date of any Series of Notes, the funds from the General Cash Collateral Amount may be used for the repayment of principal under the Notes pursuant to item eighth, ninth, twelfth, thirteenth and fourteenth of the Order of Priority applying prior to the occurrence of a Foreclosure Event.

  • On any Payment Date after satisfaction of the amounts in clause 20.3(a) (Distribution Account; Accumulation Account; Counterparty Downgrade Collateral Account; Swap Provisions) of the Trust Agreement, any positive difference between the General Cash Collateral Amount and the Specified Cash Collateral Account Balance shall be distributed according to the following Order of Priority, provided that no Credit Enhancement Increase Condition is in effect.

  • For the avoidance of doubt, the Servicer is entitled to utilise the General Cash Collateral Amount for the purposes of the Clean-Up Call Option.

  • The funds in the Cash Collateral Account (other than the balance standing to the credit of the Interest Compensation Ledger) are referred to as the "General Cash Collateral Amount".

  • Amounts standing to the credit of the Collateral RV Ledger shall not form part of the General Cash Collateral Amount.

  • The funds credited to the Cash Collateral Account (other than the balance standing to the credit of the Interest Compensation Ledger) are referred to as the "General Cash Collateral Amount".

Related to General Cash Collateral Amount

  • 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.

  • Minimum Collateral Amount means, at any time, (a) with respect to Cash Collateral consisting of cash or deposit account balances provided to reduce or eliminate Fronting Exposure during any period when a Lender constitutes a Defaulting Lender, an amount equal to 105% of the Fronting Exposure of the L/C Issuer with respect to Letters of Credit issued and outstanding at such time, (b) with respect to Cash Collateral consisting of cash or deposit account balances provided in accordance with the provisions of Section 2.14(a)(i), (a)(ii) or (a)(iii), an amount equal to 105% of the Outstanding Amount of all L/C Obligations, and (c) otherwise, an amount determined by the Administrative Agent and the L/C Issuer in their sole discretion.