Liquidity Fund Sample Clauses
Liquidity Fund. For each WGFP Financing undertaken by the WGFP Enterprise, whether senior lien or subordinate lien, in which Greeley 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 Allottee’s payment of amounts due to such fund under this Contract.
Liquidity Fund. Euro CDs 1.75 23 -------------------------------------------------------------------------------- ATTACHMENT B FEES AND EXPENSES -------------------------------------------------------------------------------- COUNTRY ASSET CHARGE TRANSACTION CHARGE (BASIS POINT) (USD $) -------------------------------------------------------------------------------- ▇▇▇▇▇▇▇ ▇ ▇▇ ▇▇▇▇▇▇ 2.5 47 Germany 1.75 27 ▇▇▇▇▇ ▇▇ ▇▇ ▇▇▇▇▇▇ ▇▇ ▇▇ ▇▇▇▇ ▇▇▇▇ 3 ▇▇ ▇▇▇▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇▇ (NSDL) 16 100 ▇▇▇▇▇ (▇▇▇▇▇▇▇▇) ▇▇ ▇▇ ▇▇▇▇▇ (HSBC) 35 45 Indonesia 10 75 Ireland 7 ▇▇ ▇▇▇▇▇▇ ▇▇ ▇▇ ▇▇▇▇▇ 4.25 50 ▇▇▇▇▇ ▇▇▇▇▇ ▇ ▇▇▇ ▇▇▇▇▇▇▇ ▇▇ ▇▇ ▇▇▇▇▇ 1.60 23 Jordan 45 150 ▇▇▇▇▇ ▇▇ ▇▇ ▇▇▇▇▇ ▇▇ ▇▇ ▇▇▇▇▇▇▇▇ 7.50 ▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇▇▇ 5.50 ▇▇ ▇▇▇▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ 3 35 New Zealand 2 47 Nigeria 60 175 ▇▇▇▇▇▇ ▇ ▇▇ ▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇ 45 ▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇ ▇▇ ▇▇▇▇▇▇ 37.50 ▇▇ ▇▇▇▇▇▇▇▇ ▇▇ ▇▇ ▇▇▇▇▇▇ ▇▇ ▇▇ ▇▇▇▇▇▇▇▇▇ 4 63 ▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇ 35 75 South Africa 4.50 30 Spain 6.50 50 ▇▇▇ ▇▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇▇▇ 5 45 Switzerland 4 53 ▇▇▇▇▇▇ ▇▇ ▇▇ ▇▇▇▇▇▇▇▇ ▇▇ ▇▇ ▇▇▇▇▇▇ 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 ▇▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇▇▇ 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 ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ 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 ▇▇▇▇ 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. 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.
14.6.2 The Liquidity Fund is expected to be maintained at a level of at least one hundred million dollars ($100,000,000) (the “Minimum Level”). In any year that the Liquidity Fund falls below the Minimum Level, the Board will make a Specific Assessment to replenish the fund to the Minimum Level.
14.6.3 A base level for the Liquidity Fund (the “Base Level”) and a f date to reach the Base Level (the “Completion Date”) will be set at least every three years by the Board after consultation with the Industry Advisory Committee and based on the Board’s estimate of the Corporation’s liquidity needs. Each year the Board may make a Specific Assessment in an amount that together with future Specific Assessments will meet the Base Level by the Completion Date.
14.6.4 The initial Base Level will be set at two hundred million dollars ($200,000,000) and the initial Completion Date will be December 2021. Any new Base Level or Completion Date will supersede any previous Base Level and Completion Date.
14.6.5 Notwithstanding any of the other provisions of this paragraph 14.6, any Specific Assessment made pursuant to this paragraph 14.6 will not, when aggregated with any other Specific Assessments previously made in that year, exceed 50% of a Member’s Maximum Specific Assessment.
14.6.6 The Corporation will credit interest to the Liquidity Fund imputed at a reasonable rate determined by the Corporation and reflecting the Corporation’s earnings on its invested assets.
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. --------------
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.