Available Liquidity Amount definition

Available Liquidity Amount means on any Determination Date an amount equal to:
Available Liquidity Amount means, as of any date of determination, an amount equal to the Dollar Equivalent of (i) the Forecasted Distributions, plus (ii) the aggregate value (as reasonably determined by the Agent) of the Liquid Assets owned directly by the Borrower, plus (iii) the aggregate Committed Loan Limits of all the Lenders minus the Principal Outstanding Amount.
Available Liquidity Amount means as set forth in Section 6.21.

Examples of Available Liquidity Amount in a sentence

  • The drawing will (subject to certain assumptions as to payment) be the lesser of the Liquidity Shortfall and the difference between the Liquidity Limit and the aggregate of all outstanding amounts under the Liquidity Facility (the Available Liquidity Amount).

  • It is not an event of default under the Liquidity Facility if the Trustee does not have funds available to repay the full amount outstanding on the following Payment Date (unless the Available Liquidity Amount is zero and repayment does not occur within 10 Business Days of the due date).

  • A commitment fee accrues daily from the date of the Liquidity Facility at the agreed rate on the daily amount of the Available Liquidity Amount, and is payable in arrear on each Payment Date and on termination of the Liquidity Facility, accordance with section 7.

  • A commitment fee accrues daily from the date of the Liquidity Facility at the agreed rate on the daily amount of the Available Liquidity Amount, and is payable in arrear on each Payment Date and on termination of the Liquidity Facility, in accordance with section 7.

  • Thereafter, for a period of one (1) year after the Closing Date, Seller shall ensure that the Available Liquidity Amount equals or exceeds the Required Liquidity Amount (as defined herein).

  • The Borrower shall ensure that at all times the Available Liquidity Amount is greater than the Forecasted Capital Calls.

  • A commitment fee accrues daily from the date of the Liquidity Facility at the agreed rate on the daily amount of the Available Liquidity Amount, and is payable in arrears on each Payment Date and on termination of the Liquidity Facility, accordance with section 7.The commitment fee is calculated on the actual number of days elapsed and a year of 365 days.

  • REMAINING LIQUIDITY SHORTFALL means, in relation to a Collection Period, the amount (if any) by which the Liquidity Shortfall (if any) for that Collection Period exceeds the Available Liquidity Amount for that Collection Period.

  • Seller shall ensure that the Cash Account(s), Treasury Bonds and Investment Grade Securities comprising the Available Liquidity Amount are at all times free and clear of any Liens.

  • Kiambu County Government should be involved in early stages of the project to increase acceptance and ensure necessary partnership is in place (e.g. waste removal requirements).


More Definitions of Available Liquidity Amount

Available Liquidity Amount has the meaning given to it in the Liquidity Facility Agreement.
Available Liquidity Amount means, with respect to any CP Conduit Purchaser, as of any date of determination while a CP Disruption Event with respect to such CP Conduit Purchaser is continuing, the amount available to such CP Conduit Purchaser as of such date under the Asset Purchase Agreement with respect to such CP Conduit Purchaser.
Available Liquidity Amount has the meaning specified in Section 2.01.
Available Liquidity Amount means at any time the sum of (i) the amount of cash then held in the Cash Account(s), (ii) the Securities Value of the Treasury Bonds and Investment Grade Securities based on the most recent Valuation (or the Securities Value at the time of investment, if a Valuation has not yet occurred) and (iii) the then current amount of Available Credit; and “Available Credit” means the amount of credit at any time available to be drawn by Seller pursuant to a credit or loan agreement or facility in order to satisfy its indemnification obligations under Section 11. All obligations of Seller pursuant to this Section 6.21 shall terminate on the first anniversary of the Closing Date, and thereafter Seller shall have no obligation to Purchaser in respect of liquidity. Seller shall ensure that the Cash Account(s), Treasury Bonds and Investment Grade Securities comprising the Available Liquidity Amount are at all times free and clear of any Liens.
Available Liquidity Amount means at any time the Liquidity Limit at that time less the Liquidity Outstandings at that time, if positive.
Available Liquidity Amount means at any time the sum of (i) the amount of cash then held in the Cash Account(s), (ii) the Securities Value of the Treasury Bonds and Investment Grade Securities based on the most recent Valuation (or the Securities Value at the time of investment, if a Valuation has not yet occurred) and (iii) the then current amount of Available Credit; and "AVAILABLE CREDIT" means the amount of credit at any time available to be drawn by Seller pursuant to a credit or loan agreement or facility in order to satisfy its indemnification obligations under Section 11. All obligations of Seller pursuant to this Section 6.21 shall terminate on the first anniversary of the Closing Date, and thereafter Seller shall have no obligation to Purchaser in respect of liquidity. Seller shall ensure that the Cash Account(s), Treasury Bonds and Investment Grade Securities comprising the Available Liquidity Amount are at all times free and clear of any Liens.

Related to Available Liquidity Amount

  • Liquidity Amount means, on any date of determination, the sum of (i) unrestricted cash and unrestricted Cash Equivalents owned by Regional Management on a consolidated basis, (ii) the Available Borrowing Capacity and (iii) if the conditions set forth in Section 4.02 to a Lender Advance on such date would be satisfied if a Funding Request for such date were delivered, the excess, if any, of the Borrowing Base over the Loans Outstanding.

  • Minimum Liquidity Amount shall have the meaning assigned to such term in the Pricing Side Letter.

  • Available Liquidity means on any date, the sum of (i) the excess, if any, of (x) the amount of all Revolving Credit Commitments of each Lender that is not a Defaulting Lender on such date over (y) the aggregate Revolving Credit Exposure on such date plus (ii) the aggregate amount of unrestricted cash and Permitted Investments of the Company and its Restricted Subsidiaries on such date.

  • Available Spread Account Amount means, for any Transfer Date, an amount equal to the lesser of (a) the amount on deposit in the Spread Account (exclusive of Investment Earnings on such date and before giving effect to any deposit to, or withdrawal from, the Spread Account made or to be made with respect to such date) and (b) the Required Spread Account Amount, in each case on such Transfer Date.

  • Available Equity Amount means a cumulative amount equal to (without duplication):

  • Available Reserve Account Amount means, for any Transfer Date, the lesser of (a) the amount on deposit in the Reserve Account (after taking into account any interest and earnings retained in the Reserve Account pursuant to Section 4.10(b) on such date, but before giving effect to any deposit made or to be made pursuant to subsection 4.4(a)(ix) to the Reserve Account on such date) and (b) the Required Reserve Account Amount.

  • Collateral Available Funds means with respect to any Distribution Date, the Collateral Floating Percentage of Reallocated Investor Finance Charge Collections with respect to the preceding Monthly Period.

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances Outstanding.

  • Collateral Amount means, as of any date of determination, an amount equal to the result of (a) Initial Collateral Amount, minus (b) the amount of principal previously paid to the Series 2023-A Noteholders and, without duplication, the principal amount of any Series 2023-A Notes that are retired and cancelled, minus (c) reductions in the Collateral Amount pursuant to Section 4.4(f), minus (d) the balance on deposit in the Principal Accumulation Account, minus (e) the excess, if any, of the aggregate amount of Investor Charge-Offs and Reallocated Principal Collections over the reimbursements of such amounts pursuant to subsection 4.4(a)(vii) prior to such date; provided, that, the Collateral Amount will not be less than zero.

  • Cash Liquidity means, with respect to any Person, on any date of determination, the sum of (i) unrestricted cash, plus (ii) Available Borrowing Capacity, plus (iii) Cash Equivalents.

  • Free Liquidity means, at any date of determination, the aggregate of the Cash Balance and any Commitments under this Agreement or any other amounts available for drawing under other revolving or other credit facilities of the NCLC Group, which remain undrawn, could be drawn for general working capital purposes or other general corporate purposes and would not, if drawn, be repayable within six months.

  • Class A Available Funds means, with respect to any Monthly Period, an amount equal to the sum of (a) if such Monthly Period relates to a Distribution Date with respect to the Controlled Accumulation Period, the Class A Floating Percentage of Principal Funding Account Investment Proceeds, if any, with respect to such Distribution Date, (b) the Class A Floating Percentage of the Reallocated Investor Finance Charge Collections and (c) the amount of funds, if any, to be withdrawn from the Reserve Account which, pursuant to subsection 4.12(d), are required to be included in Class A Available Funds with respect to such Distribution Date.

  • Required Amount means, with respect to any Monthly Period, the sum of the Class A Required Amount, the Class B Required Amount and the Collateral Senior Required Amount.

  • Available Balance means, in relation to any Account, the aggregate of: (i) the balance in such Account in your favour of immediately available and freely transferable funds; and (ii) where we have granted you an overdraft facility or line of credit in respect of such Account, the limit of such overdraft facility or line of credit notified by us to you less the total amount payable by you to us with respect to such overdraft facility or line of credit.

  • Available Increase Amount means, as of any date of determination, an amount equal to the result of (a) $50,000,000, minus (b) the aggregate principal amount of Increases to the Revolver Commitments previously made pursuant to Section 2.14 of this Agreement.

  • Class A Principal Parity Amount means, with respect to any Distribution Date, the lesser of (I) the excess, if any, of (x) the aggregate remaining principal balance of the Class A Notes immediately prior to such Distribution Date over (y) the Pool Balance as of the end of the immediately preceding Collection Period and (II) the amount of Total Available Funds remaining on deposit in the Collection Account after the funding of the items described in clauses (i) through (iii) of Section 5.7(a) on such Distribution Date.

  • Class B Available Funds means, with respect to any Monthly Period, an amount equal to the sum of (a) the Class B Floating Percentage of the Reallocated Investor Finance Charge Collections and (b) if such Monthly Period relates to a Distribution Date with respect to the Controlled Accumulation Period, the Class B Floating Percentage of the Principal Funding Account Investment Proceeds, if any, with respect to such Distribution Date.