Pledged Cash Collateral definition

Pledged Cash Collateral means all of Pledgor’s right, title and interest in and to the cash deposited in Account No. 1416308716 as more particularly described in the Cash Collateral Pledge Agreement, and which shall be under the sole dominion and control of the Lender. As of the Third Forbearance Amendment and Seventeenth Amendment Effective Date, the aggregate amount of Pledged Cash Collateral is $0.00.”
Sample 1
Pledged Cash Collateral shall have the meaning set forth in the definition of Pledge Agreements.
Sample 1Sample 2
Pledged Cash Collateral means any certificates of deposit or other deposits or depositary accounts (i) pledged by Xxxxxx Xxxxx to Lender and maintained at the Master Account Bank pursuant to a pledge or security agreement in form and substance satisfactory to the Lender and the Master Account Bank and (ii) in which Lender shall have a valid and perfected first priority Lien.
Sample 1

Examples of Pledged Cash Collateral in a sentence

  • The Borrower shall maintain at all times the Minimum Cash Balance which shall include any amounts held by the Agent as Pledged Cash Collateral.

  • The Funds Administrator (i) shall calculate the Cash-In-Transit component of the Borrowing Base based upon the amounts provided to the Borrowers by the Depositary Banks for such Business Day, (ii) shall calculate Pledged Cash Collateral based upon the most recent information provided by the Master Account Bank after giving effect to any withdrawals or debits, and (iii) shall calculate the Eligible Accounts, Eligible Deferred Billing Accounts and Eligible Inventory on each Tuesday as of the previous Friday.

  • For the avoidance of doubt, the Adequate Protection Liens include the Agent's security interest in and liens upon the Pledged Cash Collateral in the Pledged Cash Collateral Account.

  • Agent is hereby expressly permitted to exercise all rights and remedies arising in favor of Agent pursuant to the Cash Collateral Agreement, including, without limitation, the right to apply the Pledged Cash Collateral to the satisfaction of the Pre-Petition Debt and to require and receive additional cash collateral, in each case on the terms set forth therein, as if these chapter 11 cases had not been commenced.

  • As of the Petition Date, the balance in the Pledged Cash Collateral Account is [$27,562,702.56].


More Definitions of Pledged Cash Collateral

Pledged Cash Collateral means available cash, on deposit in a certificate of deposit or a separate Deposit Account, in the principal amount not less than $3,500,000, issued or maintained by a commercial bank acceptable to Administrative Agent, in which Agent has a first priority perfected security interest and has established Control, as security for the Obligations, pursuant to written documentation in form and substance satisfactory to Administrative Agent.
Sample 1
Pledged Cash Collateral means, collectively and at any time, the aggregate of (and aggregate amount in Dollars of) (i) the Third Party Cash Collateral held by Issuer at such time and (ii) any Loan Parties Cash Collateral held by Issuer at such time.
Sample 1
Pledged Cash Collateral as defined in the Related L/C Facility Agreement. “Related L/C Facility Reimbursement Obligation” shall mean any matured “Reimbursement Obligation” under the Related L/C Facility. “Related L/C Facility Third Party Cash Collateral” shall mean the “Third Party Cash Collateral” as defined in the Related L/C Facility Agreement. “Related L/C Facility Third Party Cash Pledge Agreement” shall mean the “Third Party Cash Pledge Agreement” as defined in the Related L/C Facility Agreement. “Related L/C Facility Third Party Cash Pledgor” shall mean the “Third Party Pledgor” as defined in the Related L/C Facility Agreement. “Release” shall have the meaning set forth in Section 5.7(c)(i) hereof. 69 074658.21069/130240014v.3
Sample 1
Pledged Cash Collateral means, collectively, the cash pledged to Lender to secure the Liabilities by one or both of Xxx Xxxxxx and Xxxxx Xxxxxxx pursuant to one or more pledge agreements executed and delivered by such pledgor(s) to Lender.'"
Sample 1
Pledged Cash Collateral means any certificates of deposit or other Cash Equivalent deposits or cash in depositary accounts (i) pledged by Xxxxxx Xxxxx or Trust to Lender and maintained at the Master Account Bank pursuant to a pledge or security agreement in form and substance satisfactory to the Lender and the Master Account Bank and (ii) in which Lender shall have a valid and perfected first priority Lien. Notwithstanding the foregoing to the contrary, Pledged Cash Collateral shall also include, through the period ending August 31, 1999, the value, calculated based upon the bid price reported as of the previous Business Day by the Securities Intermediary, of the common stock of Xxxxx Holdings, Inc. pledged by Trust pursuant to the Pledge Agreement executed by Trust dated as of July 26, 1999; provided that (i) such stock continues to be actively traded on the Nasdaq stock market (ii) the bid price of such stock is never less than $2.00 and (iii) for the period ending July 30, 1999, the maximum value of each share of Xxxxx Holdings, Inc. stock shall, for the purposes of each Borrowing base, be $3.25, and (iv) thereafter, the maximum value of each share of Xxxxx Holdings, Inc. stock shall, for the purposes of each Borrowing Base, be $2.75.
Sample 1
Pledged Cash Collateral as contained in Section 1.1 of the Loan Agreement (Definitions) is hereby deleted in its entirety and the following substituted in its stead:
Sample 1

Related to Pledged Cash Collateral

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

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

  • 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.

  • 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.

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

  • U.S. Collateral means any and all property owned, leased or operated by a Person covered by the U.S. Collateral Documents and any and all other property of any U.S. Loan Party, now existing or hereafter acquired, that may at any time be or become subject to a security interest or Lien in favor of the Administrative Agent to secure the Secured Obligations.

  • 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.

  • Letter of Credit Collateral has the meaning provided in Section 6.4.

  • 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.

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

  • Cash Collateral Order means the First Cash Collateral Order, as extended and modified by subsequent orders of the Bankruptcy Court [ECF Nos. 2402, 2726, 3207, 3480, 5580, 6128, 7378, 8081, 8467, 8671, 8958, 9112].

  • 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.

  • Cash Collateral Orders means, collectively, the Interim Cash Collateral Order and the Final Cash Collateral Order.

  • U.S. Collateral Agreement means the U.S. Guarantee and Collateral Agreement, as amended, supplemented or otherwise modified from time to time, in the form of Exhibit E, among Holdings, Intermediate Holdings, the U.S. Borrower, each Domestic Subsidiary Loan Party and the Collateral Agent.

  • Bank Product Collateralization means providing cash collateral (pursuant to documentation reasonably satisfactory to Agent) to be held by Agent for the benefit of the Bank Product Providers (other than the Hedge Providers) in an amount determined by Agent as sufficient to satisfy the reasonably estimated credit exposure with respect to the then existing Bank Product Obligations (other than Hedge Obligations).

  • Final Cash Collateral Order means the Final Order (I) Authorizing Use of Cash Collateral, (II) Granting Adequate Protection, (III) Modifying the Automatic Stay to Permit Implementation, and (IV) Granting Related Relief [Docket No. 988] entered by the Bankruptcy Court on March 25, 2015, including all stipulations related thereto.

  • Borrower Collateral means all of Borrower's now owned or hereafter acquired right, title, and interest in and to each of the following:

  • Term Loan Priority Collateral as defined in the Intercreditor Agreement.

  • UCC Collateral is defined in Section 3.03.

  • Notes Collateral Agent means such successor collateral agent, and the retiring Notes Collateral Agent’s appointment, powers and duties as the Notes Collateral Agent shall be terminated. After the retiring Notes Collateral Agent’s resignation hereunder, the provisions of this Section 12.08 (and Section 7.07) shall continue to inure to its benefit and the retiring Notes Collateral Agent shall not by reason of such resignation be deemed to be released from liability as to any actions taken or omitted to be taken by it while it was the Notes Collateral Agent under this Indenture.

  • Credit Agreement Collateral Agent has the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Credit Agreement Collateral Documents means the Security Agreement, the other Collateral Documents (as defined in the Credit Agreement) and each other agreement entered into in favor of the Credit Agreement Collateral Agent for the purpose of securing any Credit Agreement Obligations.

  • Notes Priority Collateral has the meaning set forth in the Intercreditor Agreement.