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Senior Cash Management Agreement definition

Senior Cash Management AgreementĚýmeans any agreement to provide Senior Cash Management Services.
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Senior Cash Management AgreementĚýmeans a â€�Bank Product Agreementâ€� (or corresponding defined term) as defined in the First Lien Credit Agreement or in any Additional Senior Priority Debt Document that Refinances in full the Indebtedness outstanding under the First Lien Credit Agreement.
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Senior Cash Management AgreementĚýmeans that certain Cash Management Agreement of even date herewith among Senior Lender, Borrower, Approved Property Manager and Agent, a copy of which is attached hereto as Exhibit A, as the same may be Modified from time to time in accordance with Article 6.
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Examples of Senior Cash Management Agreement in a sentence

  • Senior Lender agrees to perform its obligations under the Senior Cash Management Agreement substantially in accordance with the terms and provisions of the Senior Cash Management Agreement, to the extent not inconsistent with “Accepted Servicing Standardsâ€�.

  • On or prior to the Closing Date, Borrower shall: (1) establish and maintain with Agent the Senior Collateral Accounts in accordance with the Senior Loan Agreement and Senior Cash Management Agreement, as applicable; and (2) establish and maintain with Agent the Mezzanine Collection Account and the Senior Mezzanine Leasing Reserve Account pursuant to the Mezzanine Cash Management Agreement.

  • Each of the Senior Collateral Accounts shall have been established with the Senior Cash Management Bank and funded to the extent required under the Mezzanine Cash Management Agreement and the Senior Cash Management Agreement.

  • Lastly, attachment chemistry between the nanopore and AFM tip must be designed that facilitates binding.

  • Each Borrower Party shall not, and shall not permit Borrower GP to, fail to remit amounts to the Senior Deposit Account as required by Senior Cash Management Agreement and the Mezzanine Cash Management Agreement, or misappropriate any security deposit or portion thereof.

  • So long as no Event of Default shall have occurred and be continuing under the Senior Loan Documents, subject to the cure rights of the Junior Lenders hereunder and the repayment of any Mortgage Shortfalls and/or any Default Advance Amounts in accordance with this Agreement, all funds held and applied pursuant to the Senior Cash Management Agreement and Senior Loan Agreement, shall continue to be applied in the manner required thereunder prior to the occurrence of an Event of Default under the Senior Loan.

  • Many entities will accept the applications and submit to HSD on behalf of the recipient.

  • No Modification to the Senior Cash Management Agreement or Article 6 of the Senior Loan Agreement shall be permitted without Lender’s prior written consent, in its sole and absolute discretion.

  • Thereafter, all Rents shall be deposited into the Mezzanine Collection Account and Lender shall have all of the rights with respect to the Rents as are currently enjoyed by the Senior Lender pursuant to the Senior Cash Management Agreement.

  • Borrower shall cause all Rents to be deposited into the Senior Deposit Account by the end of the first Business Day following Borrower’s or the Approved Property Manager’s receipt thereof in accordance with the terms of the Senior Cash Management Agreement.


More Definitions of Senior Cash Management Agreement

Senior Cash Management AgreementĚýmeans the Cash Management Agreement dated the date hereof among Owners, Senior Lender, Manager and Agent.
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Senior Cash Management AgreementĚýshall have the meaning set forth in the Recitals hereto.
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Related to Senior Cash Management Agreement

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

  • Cash Management Agreement means any agreement to provide cash management services, including treasury, depository, overdraft, credit or debit card, purchasing 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 Administrative Borrower or one of its Subsidiaries, Agent, and one of the Cash Management Banks.

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

  • Specified Cash Management Agreement any agreement providing for treasury, depositary or cash management services, including in connection with any automated clearing house transfers of funds or any similar transactions between the Borrower or any Guarantor and any Lender or affiliate thereof or any Agent or affiliate thereof, which has been designated by such Lender and the Borrower, by notice to the Administrative Agent not later than 90 days after the execution and delivery by the Borrower or such Guarantor, as a “Specified Cash Management Agreementâ€�.