Free Liquidity definition
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.
Free Liquidity means, at any date of determination, the aggregate of the Cash Balance or any other amounts available for drawing under other revolving or other credit facilities of the 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;
Free Liquidity means the aggregate value of;
Examples of Free Liquidity in a sentence
Permit Free Liquidity to be less than $250,000,000 at any time; provided, that, if the Free Liquidity required by this Section 6.13 at any time is less favorable to the Secured Parties than as set forth in either of the ECA Facilities, this Section 6.13 shall be deemed automatically amended so as to be on equally favorable terms as the most favorable of the ECA Facilities.
More Definitions of Free Liquidity
Free Liquidity means (i) the fair market value of those Compartment Assets which are held in Liquid Assets, less (ii) an amount which is in the reasonable discretion of the Administration and Calculation Agent required as a provision to cover any future Compartment Expenses.
Free Liquidity means cash, cash equivalents and marketable securities of maturities less than one (1) year to which the members of the Charter Guarantor Group shall have free, immediate and direct access each as reflected in the Charter Guarantor's most recent financial statements forming part of the Charter Guarantor's Accounts.
Free Liquidity means, at any time, cash, cash equivalents and marketable securities (with investment grade rating from S&P and/or Xxxxx’x Investors Service) of maturities less than one (1) year, to which the Group shall have free, immediate and direct access each as reflected in the Issuer’s most recent quarterly, consolidated financial statements. For the avoidance of doubt, Free Liquidity shall not be subject to any Encumbrance.
Free Liquidity means cash, cash equivalents and marketable securities to which the Borrower and/or its Subsidiaries shall have free, immediate and direct access each as reflected in the Borrower's most recent Borrower's Accounts.
Free Liquidity means the aggregate of unencumbered (other than pursuant to a Security Document) cash and Cash Equivalents to which any member of the Group has free, immediate and direct access without netting and set-off arrangements (other than with the Lenders) and which (for the avoidance of doubt) shall not include any additional security given or cash paid to the Security Agent pursuant to Clause 17.5 or any sums standing to the credit of the Reserve Account.
Free Liquidity means cash, cash equivalents and marketable securities of maturities less than one (1) year to which the Group shall have free, immediate and direct access each as reflected in the Borrower’s most recent quarterly management accounts forming part of the Borrower’s Accounts “Group” means the Borrower and each of its Subsidiaries 1 Applicable threshold is $75,000,000. 2 Applicable threshold is 5.00%.