Eligible Liquidity Facility definition

Eligible Liquidity Facility means (a) the Liquidity Facility or (b) any credit agreement, letter of credit, guarantee, credit or liquidity enhancement facility or other liquidity facility provided by, or guaranteed by a further such liquidity facility provided by, an Eligible Provider in favor of any ACS Group Member and that is, in any such case, subject to the lien of the Security Agreement and designated by a Board Resolution and Guarantor Board Resolution as an Eligible Liquidity.
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Eligible Liquidity Facility means a liquidity facility that complies with paragraph G.3.6 of Annex G;
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Examples of Eligible Liquidity Facility in a sentence

  • The parties hereto entered into the Funding 1 Liquidity Facility Agreement (as amended and restated by this Agreement and from time to time, the FUNDING 1 LIQUIDITY FACILITY AGREEMENT) to assist Funding 1 in, among other things, (i) making Eligible Liquidity Facility Principal Repayments and (ii) meeting its interest payment liabilities in respect of relevant Term Advances from time to time.

  • For the avoidance of doubt, any payment under an Eligible Liquidity Facility shall be deemed to be a payment by the Borrower for purposes of clauses (a), (b), (c) and (d) above.

  • Each Hedge Provider and each provider of an Eligible Liquidity Facility shall be a third party beneficiary of this Intercreditor Agreement.

  • The parties hereto entered into the Funding 1 Liquidity Facility Agreement (as amended and restated by this Agreement and from time to time, the Funding 1 Liquidity Facility Agreement) to assist Funding 1 in, among other things, (i) making Eligible Liquidity Facility Principal Repayments and (ii) meeting its interest payment liabilities in respect of relevant Term Advances from time to time.

  • The parties hereto entered into the Funding 1 Liquidity Facility Agreement (as amended and restated on the Second Issuer Closing Date and as further amended and/or restated from time to time, the "FUNDING 1 LIQUIDITY FACILITY AGREEMENT") to assist Funding 1 in, among other things, (i) making Eligible Liquidity Facility Principal Repayments and (ii) meeting its interest payment liabilities in respect of any Term Advance from time to time.