Xxxxx Cash Accounts means Cash Management Accounts with deposits at any time in an aggregate amount not in excess of $10,000 for any one account and $50,000 in the aggregate for all such accounts.
Xxxxx Cash Accounts means domestic or foreign deposit or securities accounts of the Borrower and Guarantors holding aggregate balances in an amount not to exceed $50,000,000 with respect to domestic accounts and $150,000,000 with respect to foreign accounts at any one time.
Xxxxx Cash Accounts mean one or more deposit accounts maintained by the Loan Parties for the xxxxx cash needs of their local operations.
Examples of Xxxxx Cash Accounts in a sentence
The Borrower shall, and shall cause each other Loan Party to, hold any cash or checks with respect to any Collateral received by such Loan Party in trust for the Administrative Agent and promptly (not later than the next Business Day) mail or deposit the same into a lockbox or Dominion Account, provided, that miscellaneous payments from local transactions may be deposited into Xxxxx Cash Accounts.
Cumulative Leave Records; Maintain accounts receivable, accounts payable and equipment ledgers; Monthly Reconciliation of Bank Accounts; Monthly Reconciliation of Xxxxx Cash Accounts; and Monthly Trial Balance.
Only those items designated as a part, supply or material may be purchased by the Authority from the awarded vendor(s).
Within 30 days following the Closing Date, the Borrower shall, and shall cause each other Loan Party to, take all actions necessary to establish the Administrative Agent’s control, for the purposes of Section 9-1.04 of the UCC, of each such deposit account (other than an account exclusively used for payroll, payroll taxes or employee benefits, or Xxxxx Cash Accounts).
The Borrower further agrees that the Xxxxx Cash Accounts shall contain, considered together and in the aggregate, no more than $60,000.
More Definitions of Xxxxx Cash Accounts
Xxxxx Cash Accounts xxxxx cash accounts maintained by any Grantor with any bank, provided that (i) the amount on deposit in each such account shall not exceed $100,000 at any time and (ii) the aggregate amount on deposit in all such accounts shall not exceed $500,000 at any time.
Xxxxx Cash Accounts means Cash Management Accounts with deposits at any time in an aggregate amount not in excess of $10,000 for any one account and $50,000 in the aggregate for all such accounts. “PIK Amount” means, as of any date of determination, the amount of all interest accrued with respect to the Loans that has been paid in kind by being added to the balance thereof in accordance with Section 2.04(b). “Post-Default Rate” means a rate of interest per annum equal to the rate of interest otherwise in effect from time to time pursuant to the terms of this Agreement plus 2.00%, or, if a rate of
Xxxxx Cash Accounts means, collectively, the xxxxx cash accounts of the Borrowers listed on Exhibit C hereto, as such Exhibit C may be amended and modified by the Borrowers from time to time with the prior written consent of the Agent.
Xxxxx Cash Accounts means domestic or foreign deposit or securities accounts of the Borrower and Guarantors holding aggregate balances in an amount not to exceed $50,000,000 with respect to domestic accounts and $150,000,000 with respect to foreign accounts at any one time. “Plan” shall mean a Single Employer Plan or a Multiple Employer Plan that is a pension plan subject to the provisions of Title IV of ERISA, Section 412 of the Code or Section 302 of ERISA. “Plan of Reorganization” shall mean the Debtors’ Joint Plan of Reorganization pursuant to Chapter 11 of the United States Bankruptcy Code together with all schedules and exhibits thereto, as confirmed by the Confirmation Order, together with any amendments, supplements or modifications thereto that have been approved or authorized by the Bankruptcy Court prior to the Closing Date. “Pledged Spare Parts” shall mean Spare Parts which are maintained by or on behalf of the Borrower or any Guarantor at a Spare Parts Location. “Post-Petition Aircraft Agreement” shall have the meaning set forth in the Plan of Reorganization. “Primary Foreign Slots” shall mean the Foreign Slots set forth on Schedule 4(f) to the Second Lien SGR Security Agreement, as such Schedule may be amended from time to time pursuant to the Second Lien SGR Security Agreement. “Primary Routes” shall mean the Routes set forth on Schedule 4(h) to the Second Lien SGR Security Agreement, as such Schedule may be amended from time to time pursuant to the Second Lien SGR Security Agreement. “Primary Supporting Route Facilities” shall mean the Supporting Route Facilities of the Borrower and, if applicable, a Guarantor, at the airports listed on Schedule 4(i) to the Second Lien SGR Security Agreement. “Prime Rate” shall mean the rate of interest per annum publicly announced from time to time by GSCP as its prime rate in effect at its principal office in New York City; each change in the Prime Rate shall be effective from and including the date such change is publicly announced as being effective. 29
Xxxxx Cash Accounts means, collectively, (i) the deposit account maintained by the Borrower with Zions Bank in Salt Lake City, Utah, Account Number 000000000 and (i) the deposit account maintained by the Borrower with Sun Trust Bank in Kennesaw, Georgia, Account Number 000000000.
Xxxxx Cash Accounts means Bank Accounts with deposits at any time in an amount not in excess of *** for any one account and *** in the aggregate for all such accounts. “Person” means natural persons, corporations, limited liability companies, limited partnerships, general partnerships, limited liability partnerships, joint ventures, trusts, land trusts, business trusts, or other organizations, irrespective of whether they are legal entities, and governments and agencies and political subdivisions thereof.
Xxxxx Cash Accounts deposit accounts maintained in the ordinary course of business by the Borrower or any of its Subsidiaries for the purpose of reimbursing employees for ordinary course expenditures or for other incidental expenses, such deposit accounts for the Borrower and its Subsidiaries not to exceed $100,000 in the aggregate.