Domestic Liquidity definition

Domestic Liquidity means, as of any date of determination, the sum of (a) the unused total Commitments on such date plus (b) the aggregate amount of Unrestricted Cash.

Domestic Liquidity means, as of any date of determination, the dollar amount of unrestricted and unencumbered (other than the Liens of the Lenders and any customary liens of depositary banks) Book Cash and Eligible Investments maintained by the Borrower and its subsidiaries in the U.S., as of such date (excluding the proceeds of any Indebtedness, including, without limitation, any Incremental Facilities, incurred or made concurrently with the determination of the Senior Secured Net Leverage Ratio or the Total Net Leverage Ratio, as applicable).

Domestic Liquidity means, as of any date of determination, an amount equal to the sum of (a) the aggregate amount of unrestricted and unencumbered (i) cash and Cash Equivalents and (ii) Marketable Securities (excluding any Marketable Securities that are then held in trust for settlement of Borrower’s obligations under certain of its deferred compensation plans), in each case then held by Borrower and its Domestic Subsidiaries, plus (b) the Line of Credit Amount as of that date, minus (C) Line of Credit Usage as of that date.

Examples of Domestic Liquidity in a sentence

• The Company shall not at any time permit the Consolidated Global Liquidity to be less than $4 billion or the Consolidated Domestic Liquidity to be less than $2 billion.

• In recent years, SC-CO2 has been applied in novel processing techniques for encapsulation (Cocero et al., 2009; Jung and Perrut, 2001) and specifically for the production of lipid vesicles (Lesoin et al., 2011; Meure et al., 2008).

• Each Domestic Liquidity Lender listed on Schedule A-2 and each Foreign Liquidity Branch listed on Schedule A-5 has the power and authority under title 12 of the United States Code to enter into the Liquidity Agreement and to make Refunding Loans thereunder.

• Each Domestic Liquidity Lender listed on Schedule A-3 and each Foreign Liquidity Branch listed on Schedule A-6 has the power and authority under the Banking Law of the State of New York to enter into the Liquidity Agreement and to make Refunding Loans thereunder.

• Each Domestic Liquidity Lender listed on Schedule A-3 is licensed by the Superintendent of Banks of the State of New York and qualified to do business as a New York banking corporation in accordance with the provisions of the Banking Law of the State of New York.

More Definitions of Domestic Liquidity

Domestic Liquidity means, as of any date of determination, the aggregate amount of unrestricted and unencumbered (a) cash and Cash Equivalents and (b) Marketable Securities (excluding any Marketable Securities that are then held in trust for settlement of Borrower’s obligations under certain of its deferred compensation plans), in each case then held by Borrower and its Domestic Subsidiaries.

Domestic Liquidity means as of any date the sum of (i) Borrower's cash, Lender issued certificates of deposit and Lender savings instruments, plus (ii) Borrower's non-Lender issued certificates of deposit and non-Lender savings instruments, plus (iii) Borrower's U.S. Government Obligations, plus (iv) Borrower's Marketable Securities, plus (v) Borrower's Municipal Bonds, plus (vi) Borrower's Corporate Bonds, plus (vii) Borrower's Commercial Paper; provided each (x) is not subject to any Lien or restriction on use in favor of any Person and (y) is held at a bank or brokerage account located within the United States.

Domestic Liquidity means, as of any date of determination, the sum of (a) the unused total Commitments on such date plus (b) the unused total commitments under the Existing Credit Agreement on such date plus (c) the aggregate amount of Unrestricted Cash of the Company and the Guarantors that are (i) Domestic Subsidiaries or (ii) Canadian Subsidiaries on such date (provided that, for the period from and including the Effective Date through and including December 1, 2016, such Unrestricted Cash shall not, in any event, include up to $550,000,000 of the proceeds of any Required Capital Markets Offering) minus (d) the aggregate principal amount of all Indebtedness of the Company and the Subsidiaries that by its terms matures within 365 days from such date.

Domestic Liquidity means, as of any date of determination, the sum of:

Domestic Liquidity means, as of any date of determination, the dollar amount of unrestricted and unencumbered (other than

Domestic Liquidity means, as of any date of determination, the sum of (a) the unused total Commitments on such date plus (b) the aggregate amount of Unrestricted Cash of the Company and the Guarantors that are (i) Domestic Subsidiaries or (ii) Canadian Subsidiaries on such date plus (c) cash or Permitted Investments of Canam that would not appear as “restricted” on its balance sheet on such date, in an aggregate amount not to exceed $100,000,000 (it being understood that cash or Permitted Investments subject to a control agreement in favor of any Person other than the Administrative Agent or any Lender shall be deemed “restricted”, and cash or Permitted Investments restricted in favor of the Administrative Agent or any Lender shall be deemed not “restricted”) minus (d) the aggregate principal amount of all Indebtedness of the Company and the Subsidiaries that by its terms matures within 365 days from such date.

Domestic Liquidity means the sum of (a) Availability plus (b) Qualified Cash.”