Example ContractsClausesCash Management Account
Cash Management Account
Cash Management Account contract clause examples

Cash Management Account” has the meaning specified in Section 3(a) hereof.

Cash Management Account. (a) Following the occurrence of a Cash Sweep Event, Lender shall establish and maintain a segregated Eligible Account (the “Cash Management Account”) to be held by Agent in trust and for the benefit of Lender, which Cash Management Account shall be under the sole dominion and control of Lender. Borrower hereby grants to Lender a first priority security interest in the Cash Management Account and all deposits at any time contained therein and the proceeds thereof and shall take all actions necessary to maintain in favor of Lender a perfected first priority security interest in the Cash Management Account, including filing UCC-1 Financing Statements and continuations thereof. Lender and Servicer shall have the sole right to make withdrawals from the Cash Management Account and all costs and expenses for establishing and maintaining the Cash Management Account shall be paid by Borrower.

Cash Management Account” shall have the meaning set forth in the Cash Management Agreement.

Cash Management Account” has the meaning specified in Section 3(a) hereof.

Cash Management Account” shall have the meaning set forth in Section 9.1 hereof.

Cash Management Account” has the meaning specified in Section 3(a) hereof.

Cash Management Account” has the meaning specified in Section 3(a) hereof.

Cash Management Account” has the meaning set forth in Section 2.6.2(a).

Cash Management Account” has the meaning set forth in Section 2.7(a).

Cash Management Account” has the meaning set forth in Section 2.7(a).

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