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 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 as set forth in Section 6.21.
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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 has the meaning given to it in the Liquidity Facility Agreement.
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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 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

  • Available Reserve Account Amount means, with respect to any Distribution Date, the lesser of (a) the amount on deposit in the Reserve Account on such date (before giving effect to any deposit to be made 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.

  • 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.

  • 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:

  • 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.