Liquidity Accounts Sample Clauses

Liquidity Accounts. Not suffer or permit the aggregate amount of cash in the Liquidity Accounts (a) from October 1, 2022 to December 6, 2022 to be less than $3,000,000 at any time, (b) from December 7, 2022 to January 10, 2023 to be less than $4,500,000, (c) from January 11, 2023 to February 28, 2023 to be less than $2,225,000, and (d) from and after March 1, 2023 to be less than $3,000,000.”
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Liquidity Accounts. From and after December 31, 2023, not suffer or permit the aggregate amount of cash in the Liquidity Accounts to be less than $1,000,000 at any time.
Sample 1
Liquidity Accounts. Promptly (and in any event within three Business Days) notice of the decrease in the aggregate balance of cash in the Liquidity Accounts to be less than $5,000,000.
Sample 1
Liquidity Accounts. Not suffer or permit the aggregate amount of cash in the Liquidity Accounts to be less than Minimum Liquidity Amount (as may be adjusted pursuant to Section 7.17.2) at any time (but in no event less than $5,000,000 at any time).
Sample 1
Liquidity Accounts. Not suffer or permit the aggregate amount of cash in the Liquidity Accounts to be less than $2,500,000 at any time.”
Sample 1
Liquidity Accounts. ...On the Closing Date, the Class M Liquidity Account and the Class B-1 Liquidity Account will be established with the Trustee for benefit of the Class M and the Class B-1 Certificateholders, respectively. The Liquidity Accounts will not be funded on the Closing Date and will be funded on each Distribution Date by certain excess interest collections on or in respect of the Assets.
Sample 1
Liquidity Accounts. 70 Section 6.07. Class A-1 Final Distribution Account..................................................... 70 Section 6.08. Transfer of Certificate Account, Reserve Fund, Class A-1 Final Distribution Account and Liquidity Accounts ....................................... 71
Sample 1
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Liquidity Accounts. (a) On or before the Closing Date, the Trustee shall establish and shall thereafter maintain the Liquidity Accounts, each of which shall be an Eligible Account, in the form of custodial accounts. Each Liquidity Account shall be in the name of the Trustee, or shall be designated in a manner that reflects that all monies on deposit therein are held in trust for the benefit of the Trustee. The Trustee shall invest all funds on deposit in each Liquidity Account in Eligible Investments selected by the holders of a majority in interest (by Percentage Interest) of the Class R Certificates, which shall be subject to the maturity requirements and investment criteria of Eligible Investments pursuant to Section 6.04(a). All such Eligible Investments shall be made in the name of the Trustee. All net income and gain realized from any such investments shall be added to the related Liquidity Account. Each Liquidity Account is an asset of the REMIC and any amounts remaining in a Liquidity Account after all distributions have been made to the related Class of Certificates will be distributed to the holders of the Class R Certificates.
Sample 1

Related to Liquidity Accounts

  • Investment Accounts Schedule 2 sets forth under the headings “Securities Accounts” and “Commodity Accounts”, respectively, all of the Securities Accounts and Commodity Accounts in which such Grantor has an interest. Except as disclosed to the Administrative Agent, such Grantor is the sole entitlement holder of each such Securities Account and Commodity Account, and such Grantor has not consented to, and is not otherwise aware of, any Person (other than the Administrative Agent) having “control” (within the meanings of Sections 8-106 and 9-106 of the UCC) over, or any other interest in, any such Securities Account or Commodity Account or any securities or other property credited thereto;

  • Collateral Accounts Evidence that the Collateral Accounts have been established;

  • Reserve Accounts All reserves, escrows and deposit accounts required under the Loan Documents and all cash, checks, drafts, certificates, securities, investment property, financial assets, instruments and other property held therein from time to time and all proceeds, products, distributions or dividends or substitutions thereon and thereof;

  • Deposit Accounts Neither Borrower nor any Subsidiary shall maintain any Deposit Accounts, or accounts holding Investment Property, except with respect to which Lender has an Account Control Agreement.

  • Deposit Accounts, Securities Accounts and Commodity Accounts Attached hereto as Schedule 14 is a true and complete list of all Deposit Accounts, Securities Accounts and Commodity Accounts (each as defined in the Security Agreement) maintained by each Pledgor, including the name of each institution where each such account is held, the name of each such account and the name of each entity that holds each account.

  • Designated Accounts The Collection Account, the Note Distribution Account and the Reserve Account, collectively. Determination Date: The tenth day of each calendar month, or if such tenth day is not a Business Day, the next succeeding Business Day. Discount Rate: 0.00% per annum.

  • Investment Account The Manager shall maintain an investment account or accounts in the Manager’s name (the “Account”) on behalf of the Principal, any other participating insurer affiliated with the Principal and/or the Ultimate Parent Company, an insurance subsidiary or affiliate of the Principal and/or the Ultimate Parent Company or a pension plan or profit-sharing plan of the Principal, its insurance subsidiaries or affiliates, (collectively, the “Participants”), and shall hold therein all debt obligations, accounts or deposits permitted by the New Hampshire Insurance Code as more fully described on Exhibit A, as may be amended from time to time, and attached hereto and incorporated herein (collectively, “Investments”), deposited in or purchased or otherwise acquired for and on behalf of the Principal and the Participants from time to time pursuant to the terms and conditions of this Agreement. All Investments in the Account shall be Short-Term Obligations.

  • Deposit Account (a) On or prior to the Closing Date, the Issuer shall cause the Servicer to establish and maintain, in the name of the Indenture Trustee, for the benefit of the Noteholders and the Certificateholders, the Deposit Account as provided in Section 5.01 of the Sale and Servicing Agreement.

  • Deposit Accounts; Securities Accounts The only Deposit Accounts or Securities Accounts maintained by any Grantor on the date hereof are those listed on Schedule 6 (Bank Accounts; Control Accounts), which sets forth such information separately for each Grantor.

  • Deposit Accounts and Securities Accounts Set forth on Schedule 4.15 (as updated pursuant to the provisions of the Security Agreement from time to time) is a listing of all of the Loan Parties’ and their Subsidiaries’ Deposit Accounts and Securities Accounts, including, with respect to each bank or securities intermediary (a) the name and address of such Person, and (b) the account numbers of the Deposit Accounts or Securities Accounts maintained with such Person.

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