Drawdown on Liquidity Facility. An Obligor draws down under a Liquidity Facility (excluding any drawing or repayment of any Standby Drawing) or withdraws sums credited to a Debt Service Reserve Account, respectively, or a Liquidity Standby Account, if the withdrawal of such amount is for the purposes of making scheduled debt service payments on the Senior Debt.
Drawdown on Liquidity Facility. The occurrence of a Trigger Event referred to in Paragraph 7 (Drawdown On Liquidity Facility) of Part 1 (Trigger Events) of this Schedule 3 (Trigger Events) will be remedied if the aggregate balance drawn down (other than by way of Standby Drawings) under any Liquidity Facility is repaid in full together with all interest accrued thereon and an amount equal to any sums withdrawn from the Debt Service Reserve Accounts or the Liquidity Standby Accounts for the purposes of making scheduled debt service payments on the Secured Debt is deposited into the Debt Service Reserve Accounts, or the Liquidity Standby Accounts.
Drawdown on Liquidity Facility. The occurrence of a Trigger Event referred to in paragraph 3 (Drawdown on Liquidity Facility) of Part 1 (Trigger Events) of this Schedule 3 will be remedied if the aggregate balance drawn down (other than by way of Standby Drawings) under any Borrower Liquidity Facility is repaid in full together with all interest accrued thereon and an amount equal to any sums withdrawn from the Debt Service Reserve Accounts or the Borrower Liquidity Standby Accounts for the purposes of making scheduled debt service payments on the Borrower Secured Debt is deposited into the Debt Service Reserve Accounts, or the Borrower Liquidity Standby Accounts.
