Collateral Account Termination Date

Example Definitions of "Collateral Account Termination Date"
Collateral Account Termination Date. The earlier of (i) the first date on which the amount on deposit in the Collateral Account is zero, (ii) the Maturity Date and (iii) the date on which the Obligations are prepaid in full.
Found in Superior Offshore International Inc. contract
Collateral Account Termination Date. The date of termination of each L/C Agreement and of the final and irrevocable termination of all the Secured Parties' obligations to make any payments thereunder or under the letters of credit issued thereunder and the termination of all Cards and the Secured Parties' obligations to make any payments or reimbursements thereunder.
Found in Superior Offshore International Inc. contract
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