Available Liquidity Amount definition

Available Liquidity Amount means on any Determination Date an amount equal to:
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Available Liquidity Amount means as set forth in Section 6.21.
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Available Liquidity Amount has the meaning given to it in the Liquidity Facility Agreement.
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Examples of Available Liquidity Amount in a sentence

  • 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).

  • 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.

  • Available Liquidity Amount means at any time the Liquidity Limit at that time less the Liquidity Outstandings at that time, if positive.

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

  • Liquidity Drawing 14.6 If, on any Determination Date, there is a Liquidity Shortfall, the Global Trust Manager must direct the Issuer Trustee to make a Liquidity Drawing on the Payment Date immediately following that Determination Date equal to the lesser of: (a) the Liquidity Shortfall on that Determination Date; and (b) the Available Liquidity Amount on that Determination Date.

  • Available Income means, for any period, the amount calculated in accordance with clause 14.4. Available Liquidity Amount has the meaning given to it in the Liquidity Facility Agreement.

  • 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.

  • 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.

  • The parties hereto hereby agree that any Advance made pursuant to Section 2.01 hereof shall constitute a representation and warranty by the Liquidity Borrower that such Advance is not in excess of the Available Liquidity Amount, as defined in such Section 2.01 and that the proceeds of such Advance shall only be used as provided in Section 2.02 hereof.


More Definitions of Available Liquidity Amount

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.
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Available Liquidity Amount has the meaning specified in Section 2.01.
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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.
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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.
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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.
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Available Liquidity Amount means at any time the Liquidity Limit at that time less the Liquidity Outstandings at that time, if positive.
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Related to Available Liquidity Amount

  • Liquidity Amount means, as of any date of determination, the sum of (a) the Aggregate Borrowing Availability as of such date and (b) the Unrestricted Cash Amount as of such date.

  • 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.

  • Applicable Liquidity Rate has the meaning specified in Section 3.07(g).

  • 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):

  • Quarterly Excess Available Funds Percentage means, with respect to the March 2008 Transfer Date and each Transfer Date thereafter, the percentage equivalent of a fraction the numerator of which is the sum of the Excess Available Funds Percentages with respect to the immediately preceding three Monthly Periods and the denominator of which is three.

  • Excess Available Funds Percentage means, with respect to any Transfer Date, the amount, if any, by which the Portfolio Yield for the preceding Monthly Period exceeds the Base Rate for such Monthly Period.

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

  • Available Facility Amount shall have the meaning specified in paragraph 2B(1).

  • 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 2018-C Noteholders and, without duplication, the principal amount of any Series 2018-C 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.

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.

  • 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 shall have the meaning set forth in Section 4.8.

  • Class C Reserve Account Percentage means, (i) zero, if the Quarterly Excess Available Funds Percentage on such Transfer Date is greater than or equal to 4.50%, (ii) 1.25%, if the Quarterly Excess Available Funds Percentage on such Transfer Date is less than 4.50% and greater than or equal to 4.00%, (iii) 2.00%, if the Quarterly Excess Available Funds Percentage on such Transfer Date is less than 4.00% and greater than or equal to 3.50%, (iv) 2.75%, if the Quarterly Excess Available Funds Percentage is less than 3.50% and greater than or equal to 3.00%, (v) 3.50%, if the Quarterly Excess Available Funds Percentage on such Transfer Date is less than 3.00% and greater than or equal to 2.50%, (vi) 4.50%, if the Quarterly Excess Available Funds Percentage is less than 2.50% and greater than or equal to 2.00%, and (vii) 6.00%, if the Quarterly Excess Available Funds Percentage on such Transfer Date is less than 2.00%.

  • Available Balance means, in relation to any Account, the aggregate of:

  • Required Reserve Fund Amount With respect to any Distribution Date on which the Net Excess Spread is less than 0.25%, the amount, if any by which (a) the product of 1.00% and the Pool Balance for such date exceeds (b) the amount on deposit in the Basis Risk Reserve Fund immediately prior to such date. With respect to any Distribution Date on which the Net Excess Spread is equal to or greater than 0.25%, the amount, if any, by which (i) $1,000 exceeds (ii) the amount on deposit in the Basis Risk Reserve Fund immediately prior to such date. Provided, however, that on any Distribution Date on which the Class Principal Amount of each Class of LIBOR Certificates has been reduced to zero, the Required Reserve Fund Amount shall be zero.

  • Available Increase Amount means, as of any date of determination, an amount equal to the result of (a) $25,000,000 minus (b) the aggregate principal amount of Increases to the Revolver Commitments previously made pursuant to Section 2.14 of the 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.

  • Liquidity Ratio means the ratio of Liquidity to all Indebtedness to Bank.