Cash and Restricted Cash
p. p. 2
Cash and Restricted Cash Pursuant to the amended Federal Loan Guarantee ("FLG"), restricted cash is held in accounts administered by the collateral agent for the purpose of funding construction and operating costs and servicing debt paymen...
AI summary Restricted cash under the amended Federal Loan Guarantee (FLG) is managed by a collateral agent for the Maritime Link Project, funding construction, operating costs, and debt servicing. NSPML draws funds periodically per the Maritime Link Credit Agreement for near-term use.