Liquidity Fund. For each WGFP Financing undertaken by the WGFP Enterprise, whether senior lien or subordinate lien, in which [Actual Allottee Name*] participates, and to the extent of such participation, Loan Allottees shall, on a due date or due dates set by the WGFP Enterprise in its discretion and noticed to the WGFP Allottees, deposit with the WGFP Enterprise an amount equal to the product of Loan Allottee’s WGFP Financing Participation Percentage multiplied by 30% of the maximum annual debt service on such WGFP Financing, which the WGFP Enterprise shall deposit in the Liquidity Fund in segregated accounts for each Loan Allottee. Such Liquidity Fund shall be held by the WGFP Enterprise to be applied separately from any reserves required for the borrowings. Upon full repayment of a WGFP Financing, the WGFP Enterprise shall return the amount each Loan Allottee deposited in the Liquidity Fund for such WGFP Financing to such Loan Allottee. Any interest accrued by the Liquidity Fund shall be transferred to the Operating Fund and credited, based on the WGFP Financing Participation Percentages, to each Loan Allotte’s payment of amounts due to such fund under this Contract.
Liquidity Fund. 14.6.1 A fund (the “Liquidity Fund”) will be maintained by the Corporation and will be accounted for separately from the other assets of the Corporation.
Liquidity Fund. To the extent those Available Funds include a Liquidity Fund, the Corporation will make a refund to each Member based on its Assessment Base.
Liquidity Fund. Euro CDs 1.75 23 -------------------------------------------------------------------------------- ATTACHMENT B FEES AND EXPENSES -------------------------------------------------------------------------------- COUNTRY ASSET CHARGE TRANSACTION CHARGE (BASIS POINT) (USD $) -------------------------------------------------------------------------------- Xxxxxxx 0 00 Xxxxxx 2.5 47 Germany 1.75 27 Xxxxx 00 00 Xxxxxx 00 00 Xxxx Xxxx 3 00 Xxxxxxx 00 000 Xxxxx (NSDL) 16 100 Xxxxx (Xxxxxxxx) 00 00 Xxxxx (HSBC) 35 45 Indonesia 10 75 Ireland 7 00 Xxxxxx 00 00 Xxxxx 4.25 50 Xxxxx Xxxxx 0 000 Xxxxxxx 00 00 Xxxxx 1.60 23 Jordan 45 150 Xxxxx 00 00 Xxxxx 00 00 Xxxxxxxx 7.50 00 Xxxxxxxxx 00 000 Xxxxxx 5.50 00 Xxxxxxx 00 000 Xxxxxxxxxxx 3 35 New Zealand 2 47 Nigeria 60 175 Xxxxxx 0 00 Xxxxxxxx 00 000 Xxxx 45 00 Xxxxxxxxxxx 00 00 Xxxxxx 37.50 00 Xxxxxxxx 00 00 Xxxxxx 00 00 Xxxxxxxxx 4 63 Xxxxxxxx 00 000 Xxxxxxxx 35 75 South Africa 4.50 30 Spain 6.50 50 Xxx Xxxxx 00 000 Xxxxxx 5 45 Switzerland 4 53 Xxxxxx 00 00 Xxxxxxxx 00 00 Xxxxxx 12.50 73 -------------------------------------------------------------------------------- ATTACHMENT B FEES AND EXPENSES -------------------------------------------------------------------------------- COUNTRY ASSET CHARGE TRANSACTION CHARGE (BASIS POINT) (USD $) -------------------------------------------------------------------------------- United Kingdom 1.50 25 United States* Tiered schedule 8 Uruguay 50 100 Xxxxxxxxx 00 000 Xxxxxx 60 80 Zimbabwe 60 70 -------------------------------------------------------------------------------- *See next page for U.S. asset charge tiering ATTACHMENT B FEES AND EXPENSES *Asset charge for United States assets will be applied to the aggregate level of Xxxxxx Xxxxxxx assets with JPMorgan per the following schedule: -------------------------------------------------------------------------------- FROM: TO: ASSET CHARGE (BASIS POINT) -------------------------------------------------------------------------------- $0 $15 billion 0.65 $15 billion $25 billion 0.40 Over $25 billion 0.15 -------------------------------------------------------------------------------- Miscellaneous Fees & Out of Pocket Expenses: Cash Movements $8 for USD settlements $15 for non USD settlements Registration/Transfer fees, Stamp taxes/duties and any other out of pocket costs will be recharged to the Funds at cost, where incurred by JPMorgan. Earnings Credits: Credits will be paid to the Funds at a rate based on the 90-Day Treasury xxxx r...
Liquidity Fund. It will be created by NUEVATEL with the amount of Bs 1.000.000.- (One Million 00/100 Bolivians), which will come from the resources obtained from the placement of the Securitized Securities and which will be deposited in the account(s) denominated "Liquidity Fund NUEVATEL - BDP SC 049 Investment Trust". ---------------------------------------------------------------------- This fund will be used to cover the liquidity needs of the Investment Trust, and will be returned by the Investment Trust or the Originator to its original level of Bs 1.000.000.- (One Million 00/100 Bolivians) each time it is used. ------------------------------------------------------------------------------------------- The Liquidity Fund represents 0.59% of the amount required by the Originator. Its purpose is to hedge, in the event of non-compliance with the assignment of Future Flows, the projected outflows of the Investment Trust during the term thereof. --------------------------------------------------------------------- In the case of replenishment of the Liquidity Fund due to Extraordinary Expenses, the procedure set forth in Article Forty-fifth of this Contract shall be followed. In the case of replenishment of the Liquidity Fund due to insufficient funds, the procedure established in Article Forty-sixth shall be followed. -----The resources of the "Liquidity Fund Account(s) of the NUEVATEL - BDP SC 049 Investment Trust", belong to the Originator and will be administered by the Securitization Company under the conditions established in the present Contract. ---------------------------------------------------------------------- The Originator knows and accepts that at the end of the process, the Bs 1.000.000.- (One Million 00/100 Bolivians) of the Liquidity Fund formed as an internal hedging mechanism, could suffer variation depending on the insufficiencies of flows according to the established in the present Contract. ------------------------------------------------------------------------------------------------------------------------
Liquidity Fund. This is the internal hedging mechanism intended to cover possible liquidity eventualities of the Investment Trust. This Fund is a backup established by the Originator, with part of the resources proceeding from the placement of the Securities. In case it is used, it shall be reimbursed in the manner established in sections 45.2 and 44.1.1 of this contract. --------------
