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 Borrower shall treat all income, gains or losses from the investment of items in the Incremental Term Loan Cash Collateral Accounts as its own income or loss, and the Administrative Agent and the Lenders shall have no liability for any such gain or loss.

  • In accordance with the terms of the applicable Account Control Agreements, the Borrower shall direct the investment of items deposited into the applicable Incremental Term Loan Cash Collateral Account.

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

  • The foregoing to the contrary notwithstanding but subject to Section 2.2, the ABL Claimholders may oppose or raise any objections to use of Term Loan Cash Collateral or Term Loan DIP Financing that could be raised by a creditor of Grantors whose claims are not secured by Liens on Term Loan Priority Collateral, provided that such opposition or objections are not based on their status as secured creditors.

  • No Term Loan Secured Party shall, directly or indirectly, provide, or seek to provide, or support any other Person providing or seeking to provide, the use of Term Loan Cash Collateral or Term Loan DIP Financing secured by Liens equal or senior in priority to the Liens on the ABL Priority Collateral (including any assets or property arising after the commencement of a case under the Bankruptcy Code) of ABL Agent, without the prior written consent of ABL Agent.

  • No Term Loan Secured Party shall, directly or indirectly, provide, or seek to provide, or support any other Person providing or seeking to provide, the use of Term Loan Cash Collateral or Term Loan DIP Financing secured by Liens equal or senior in priority to the Liens on the ABL Priority Collateral (including any assets or property arising after the commencement of a case under the Bankruptcy Code) securing the ABL Debt, without the prior written consent of ABL Agent.

  • 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.

  • See BDC 4.3.700, Infill Development OptionsMid-block infill development, see BDC 4.3.700, Infill Development OptionsCorner lots or parcels must be at least five feet more in width than the minimum lot width required in the zoneShared courts, See BDC 4.3.700 Minimum area: 20,000 sq.

  • 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.

Related to Term Loan Cash Collateral

  • 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.

  • 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 the “Obligations” as defined in the Term Loan Credit Agreement.

  • 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 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 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 has the meaning set forth in the recitals to this Agreement.

  • 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 principal, interest, fees, reimbursements, indemnifications, and other amounts now or hereafter owed by the Borrower to the Agent and the Banks (or with respect to the Interest Hedge Agreements, any Affiliates of the Banks) under this Agreement, the Revolving Loan Notes, the Swing Line Note, the Letter of Credit Documents, and the other Credit Documents and any increases, extensions, and rearrangements of those obligations under any amendments, supplements, and other modifications of the documents and agreements creating those obligations.

  • 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 Amended and Restated Loan and Security Agreement dated as of the date hereof by and among the Borrower, the lenders from time to time party thereto and the Revolving Loan Administrative Agent.