Secured Cash Management Bank definition

Secured Cash Management Bank means a Lender or an Affiliate of a Lender (or a Person who was a Lender or an Affiliate of a Lender at the time of execution and delivery of a Cash Management Agreement) who has entered into a Cash Management Agreement with a Credit Party.
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Secured Cash Management Bank means any Lender or any Affiliate of a Lender that is a counterparty to a Cash Management Agreement with the Borrower or any other Group Member.
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Secured Cash Management Bank is defined in the Collateral Agreement
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Examples of Secured Cash Management Bank in a sentence

  • Each Secured Cash Management Bank or, each Secured Hedge Bank and each Secured Bilateral Letter of Credit L/C Issuer that is not a party to this Agreement and that has given the notice contemplated by the preceding sentence shall, by such notice, be deemed to have acknowledged and accepted the appointment of the Administrative Agent pursuant to the terms of Article IX for itself and its Affiliates as if a “Lender” party hereto.


More Definitions of Secured Cash Management Bank

Secured Cash Management Bank has the meaning specified in the definition of “Secured Cash Management Agreement.”
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Secured Cash Management Bank means any Person that either (a) on the Closing Date or (b) on any date of determination after the Closing Date, in each case, is a Lender or any Affiliate of a Lender that is a counterparty to a Cash Management Agreement with the Borrower or any other Loan Party.
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Secured Cash Management Bank means any Person that is a counterparty to a Secured Cash Management Agreement with any Loan Party.
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Secured Cash Management Bank means any Cash Management Bank that is a counterparty to any Secured Cash Management Agreement.
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Secured Cash Management Bank means any Lender or any Affiliate of a Lender that is a counterparty to a Cash Management Agreement with the Borrower or any other Group Member. “Secured Cash Management Obligations” means all obligations of the Borrower or any other Group Member arising from time to time under any Cash Management Agreement with a Secured Cash Management Bank. “Secured Obligations” means any and all amounts owing or to be owing by any Loan Party (a) to the Administrative Agent, any Issuing Bank, any Lender or any other Person under any Loan Document, (b) to any Secured Swap Provider under a Secured Swap Agreement or (c) to any Secured Cash Management Bank in respect of Secured Cash Management Obligations, and all renewals, extensions and/or rearrangements of any of the foregoing, in each case, whether direct or indirect (including those acquired by assumption), absolute or contingent, due or to become due, now existing or hereafter arising (including interest accruing after the maturity of the Loans and LC Disbursements and interest accruing after the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding, relating to the Borrower, whether or not a claim for post-filing or post-petition interest is allowed in such proceeding); provided that solely with respect to any Group Member that is not an “eligible 29 007870-0083-15888-Active.27383864
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Secured Cash Management Bank means any Person that (a) at the time it enters into a Cash Management Agreement, is a Lender or the Administrative Agent, or an Affiliate of a Lender or the Administrative Agent, (b) in the case of any Cash Management Agreement in effect on or prior to the Effective Date, is, as of the Effective Date, a Lender or the Administrative Agent, or an Affiliate of a Lender or the Administrative Agent, and a party to a Cash Management Agreement or (c) in the case of any Cash Management Agreement in effect on or prior to the date of any amendment, restatement, or amendment and restatement to this Agreement, is, as of the date of such amendment, restatement or amendment and restatement, a Lender or the Administrative Agent, or an Affiliate of a Lender or the Administrative Agent, and a party to a Cash Management Agreement.
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Related to Secured Cash Management Bank

  • Cash Management Bank means any Person that, at the time it enters into a Cash Management Agreement, is a Lender or an Affiliate of a Lender, in its capacity as a party to such Cash Management Agreement.

  • Secured Cash Management Agreement means any Cash Management Agreement that is entered into by and between any Credit Party and any Cash Management Bank.

  • Cash Management Obligations means obligations owed by the Borrower or any Restricted Subsidiary to any Lender or any Affiliate of a Lender in respect of any overdraft and related liabilities arising from treasury, depository and cash management services or any automated clearing house transfers of funds.

  • Cash Management Agreement means any agreement to provide cash management services, including treasury, depository, overdraft, credit or debit card, electronic funds transfer and other cash management arrangements.

  • Cash Management Agreements means those certain cash management agreements, in form and substance satisfactory to Agent, each of which is among the applicable Credit Party, Agent, and one of the Cash Management Banks.

  • Cash Management Services means any cash management or related services including treasury, depository, return items, overdraft, controlled disbursement, merchant store value cards, e-payables services, electronic funds transfer, interstate depository network, automatic clearing house transfer (including the Automated Clearing House processing of electronic funds transfers through the direct Federal Reserve Fedline system) and other cash management arrangements.