Liquidity Provider Clause Samples
The Liquidity Provider clause defines the role and responsibilities of a party that supplies assets or capital to facilitate transactions or maintain market liquidity within a financial agreement. Typically, this clause outlines the terms under which the provider must supply liquidity, any compensation or fees they receive, and the conditions for withdrawal or reduction of their commitment. Its core practical function is to ensure that sufficient funds or assets are available to support smooth trading or settlement, thereby reducing the risk of market disruptions due to insufficient liquidity.
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Liquidity Provider. Kreditanstalt fur Wiederaufbau, a corporation organized under the public law of the Federal Republic of Germany together with any Replacement Liquidity Provider (as defined in the Intercreditor Agreement).
Liquidity Provider. S OBLIGATION TO MAKE ADVANCES. EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT, THE OBLIGATIONS OF THE LIQUIDITY PROVIDER TO MAKE ADVANCES HEREUNDER, AND THE BORROWER*S RIGHTS TO DELIVER NOTICES OF BORROWING REQUESTING THE MAKING OF ADVANCES HEREUNDER, SHALL BE UNCONDITIONAL AND IRREVOCABLE, AND SHALL BE PAID OR PERFORMED, IN EACH CASE STRICTLY IN ACCORDANCE WITH THE TERMS OF THIS AGREEMENT. (End of Page)
Liquidity Provider s Obligation to Make Advances. EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT, THE OBLIGATIONS OF THE LIQUIDITY PROVIDER TO MAKE ADVANCES HEREUNDER, AND THE BORROWER'S RIGHTS TO DELIVER NOTICES OF BORROWING REQUESTING THE MAKING OF ADVANCES HEREUNDER, SHALL BE ABSOLUTE, UNCONDITIONAL AND IRREVOCABLE, AND SHALL BE PAID OR PERFORMED, IN EACH CASE STRICTLY IN ACCORDANCE WITH THE TERMS OF THIS AGREEMENT.
Liquidity Provider. The representations and warranties set out in this Article IV are given hereunder by the Liquidity Provider on the Effective Date only and are not repeated on any subsequent date.
Liquidity Provider herein acknowledges and accepts that where Liquidity Provider effects a deposit of its Bullion to an ABX Vault, Liquidity Provider hereby requests ABX to debit from its Available Balance the Deposit Fee.
Liquidity Provider. The Issuer hereby also appoints the Lead Manager as the securities firm for offering buy and/or sell quotes and providing liquidity in respect of the Securities in accordance with Article 24-1 of the Taipei Exchange Rules Governing Management of Foreign Currency Denominated International Bonds and the related regulations of the TPEx (collectively, the "TPEx Rules") and the Lead Manager hereby (i) accepts such appointment for acting as the liquidity provider under this clause 8.2 (Liquidity Provider), (ii) represents that it has obtained all licences, consents, approvals, authorisations, orders and clearances from all regulatory authorities and TPEx that are required for acting as the Liquidity Provider and (iii) agrees to provide such quotations and liquidity in accordance with the TPEx Rules and all applicable laws and regulations. The Issuer or the Lead Manager may terminate the appointment of the Liquidity Provider hereunder by giving 90 days’ prior written notice to the other party, provided that in the event that the Lead Manager provides notice of its termination of appointment of the Liquidity Provider and the Issuer is unable to engage a replacement Liquidity Provider within such 90-day period, the Lead Manager shall continue to act as Liquidity Provider hereunder until such a replacement Liquidity Provider shall have been appointed.
Liquidity Provider. The financial institution(s) having a rating no lower ------------------ than "P-1" if rated by ▇▇▇▇▇'▇, and no lower than "A-1" if rated by Standard & Poor's which provide liquidity support to a Conduit Lender and/or a commitment to become a Lender under the Loan Agreement pursuant to an assignment by a Conduit Lender, in each case pursuant to a Liquidity Provider Agreement.
Liquidity Provider. 22 STATUTORY AND GENERAL INFORMATION ABOUT US AND THE GUARANTOR. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 CURRENT REPORT ON FORM 8-K DATED 13 OCTOBER 2008 RELATING TO THE GUARANTOR . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 CURRENT REPORT ON FORM 8-K DATED 27 OCTOBER 2008 RELATING TO THE GUARANTOR . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30