Term Loan Cash Collateral definition

Term Loan Cash Collateral has the meaning set forth in Section 6.2(b).
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Term Loan Cash Collateral means the "Cash Collateral" as defined in the Cash Collateral Agreement (as in effect on the Effective Date).
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Term Loan Cash Collateral as defined in Section 1.3 of the Agreement. Term Loan Closing Fee - as defined in Section 2.3 of the Agreement. Term Loan Commitment - with respect to any Term Lender, the amount of such Term Lender's Term Loan Commitment pursuant to Section 1.3 of the Agreement, as set forth below such Term Lender's name on the signature pages hereof. Term Loan Commitment Letter - that certain commitment letter dated as of May 3, 2003 between Borrower and Manchester. Term Loan Primary Collateral - all right, title and interest of Borrower or any of its Subsidiaries in and to the Term Loan Cash Collateral, the Tin Mill Collateral, the Tandem Mill Collateral, the RD Facility, the Hot Mill Collateral, the Project Assets, and all other Goods, Fixtures, Equipment (including all machinery, computers, data processing, computer or office equipment (except to the extent relating to Accounts or other Revolving Loan Primary Collateral), all furniture and all trucks and other vehicles), and real Property of Borrower and any Subsidiary of Borrower, including all Equipment and Fixtures identified in the Appraisal, in each case whether now owned or hereafter existing, including any leasehold interests with respect to the foregoing. Term Loan Representative - Manchester or such other Person that succeeds Manchester as Term Loan Representative under the Agreement. Term Notes - the Secured Promissory Notes to be executed by Borrower on or before the Effective Date in favor of each Term Lender to evidence its Term Loan, which shall be in the form of Exhibit 1.3 to the Agreement, together with any replacement or successor notes therefor. Tin Mill Collateral - the real Property constituting Borrower's Tin Mill located at Borrower's Weirton, West Virginia steel-making facility and which is legally described on Exhibit A-5 attached to the Agreement, together with all Intellectual Property and Computer Hardware and Software used in connection with the operation and maintenance of the Tin Mill and all Equipment and Fixtures now or hereafter located thereon (whether or not later moved), including without limitation the Equipment listed on Exhibit A-6 attached to the Agreement. Title Commitments - as defined in Section 5.4 of the Agreement. Total Credit Facility - $225,000,000, as reduced from time to time pursuant to the terms of the Agreement. Transportation Equipment - the railroad locomotives and railcars owned by Borrower and listed on Exhibit A-8 to the Prepetition Loan Agreement. Type of Org...
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Examples of Term Loan Cash Collateral in a sentence

  • So long as any Incremental Term Loan is outstanding hereunder, the Incremental Term Loan Agreements and/or the Account Control Agreements create valid security interests in, and Liens on, the Incremental Term Loan Cash Collateral purported to be covered thereby, which security interests and Liens are, if applicable, perfected security interests and Liens, prior to all other Liens (other than inchoate Liens permitted under Section 7.01).

  • The Incremental Term Loan Cash Collateral Account[s] that serve as collateral for the Series [ ] Incremental Term Loans [is/are] [ ].

  • Prevented never events are defined as SI that may have been never events had action not been taken to avoid a SI meeting the never event criteria and where such action is not part of the specified preventative action detailed in the relevant guidance or safety recommendations.

  • The Borrower shall have the right to obtain the release of funds from such Term Loan Cash Collateral Account if it elects to use such cash collateral for such purposes.

  • The Debtors continue to have a critical need to obtain the financing pursuant to the DIP Term Loan Credit Facility and to continue to use the Prepetition Term Loan Priority Collateral (including Term Loan Cash Collateral) in order to, among other things, (i) permit the orderly continuation of the operation of their businesses, (ii) maintain business relationships with customers, vendors and suppliers, (iii) make payroll, and (iv) satisfy other working capital and operational needs.

  • The Bonus is credited only once for the entire duration of the Promotion.

  • With the Executive Board approval of the Flexible Lending Mechanism (FLM) policy paper at the September 1998 Session, one FLM loan to Mali will be presented to the December 1998 Session for approval, with start-up foreseen in 1999.

  • The access by the DIPParties to sufficient working capital and liquidity through the use of Term Loan Cash Collateral and other Prepetition Term Loan Priority Collateral, incurrence of new indebtedness under the DIP Term Loan Documents and other financial accommodations provided under the DIP Term Loan Documents are necessary and vital to the preservation and maintenance of the going concern value of the DIP Parties and to a successful reorganization of the DIP Parties and DIP Term Loan Obligations.

  • If the Conditions to Release have not been satisfied in full on or prior to the 30th day after the Filing Date, unless extended by all Lenders, the Term Loan Cash Collateral shall be promptly paid to the Term Lenders for application first, to all accrued and unpaid interest on the Term Loan and then to prepay the principal balance of the Term Loan.

  • COMMISSIONER COMMENTS (CONTINUED) Mayor McCulloh informed the community that the agreement with the Downtown Farmer's Market is on the consent agenda and will be open beginning April 16, 2016.

Related to Term Loan Cash Collateral

  • L/C Cash Collateral Account means an account of the Borrower to be maintained with the Administrative Agent, in the name of the Administrative Agent and under the sole control and dominion of the Administrative Agent and subject to the terms of this Agreement.

  • Revolving Loan Obligations means any Obligations with respect to the Revolving Loans (including without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

  • 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.

  • Term Loan Obligations means any Obligations with respect to the Term Loan (including, without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

  • Revolving Credit Obligations means, at any particular time, the sum of (i) the outstanding principal amount of the Revolving Loans at such time, plus (ii) the outstanding principal amount of the Swing Line Loans at such time, plus (iii) the outstanding L/C Obligations at such time.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Class A Cash Collateral Account means, in respect of the Class A Liquidity Facility, an Eligible Deposit Account in the name of the Subordination Agent maintained at an Eligible Institution, which shall be the Subordination Agent if it so qualifies, into which amounts shall be deposited as referred to in Section 3.05(f).

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

  • Revolving Credit Facility means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time.

  • 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.

  • Term Loan Credit Agreement shall have the meaning set forth in the recitals hereto.

  • Term Loan Advances are each defined in Section 2.1.1(a).

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

  • Facility Letter of Credit Obligations means, as at the time of determination thereof, all liabilities, whether actual or contingent, of the Borrower with respect to Facility Letters of Credit, including the sum of (a) the Reimbursement Obligations and (b) the aggregate undrawn face amount of the then outstanding Facility Letters of Credit.

  • Term Loan Collateral means all of the assets of any Grantor, whether real, personal or mixed, upon which a Lien is granted or purported to be granted to any Term Loan Agent under any of the Term Loan Collateral Documents.

  • Term Loan A has the meaning set forth in Section 2.2(a).

  • Extended Revolving Credit Facility means each Class of Extended Revolving Credit Commitments established pursuant to Section 2.15(a)(ii).

  • Term Loan Collateral Agent means Credit Suisse, Cayman Islands Branch, as collateral agent for the lenders under the Term Loan Credit Agreement, together with its respective successors and permitted assigns under the Term Loan Credit Agreement exercising substantially the same rights and powers, or such other agent as may from time to time be appointed thereunder.

  • Revolving Loan Limit means, at any time, the lesser of (a) the Revolving Loan Commitment and (b) the Borrowing Base.

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.

  • Credit Obligations means all present and future liabilities, obligations and Indebtedness of the Company, any of its Subsidiaries or any other Obligor owing to the Agent or any Buyer (or any Affiliate of a Buyer) under or in connection with this Agreement or any other Transaction Document.

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

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Revolving Loan Exposure means, with respect to any Revolving Lender, as of any date of determination (a) prior to the termination of the Revolver Commitments, the amount of such Lender’s Revolver Commitment, and (b) after the termination of the Revolver Commitments, the aggregate outstanding principal amount of the Revolving Loans of such Lender.

  • Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.

  • Revolving Loan Agreement means that certain Revolving Credit and Security Credit Agreement dated as of the Closing Date by and among Revolving Loan Agent, the Revolving Loan Lenders and the Loan Parties, as amended, restated or otherwise modified from time to time to the extent not prohibited by the Intercreditor Agreement.