Liquidity Agent definition

Liquidity Agent means any bank or other financial institution acting as agent for the various Liquidity Providers under each Liquidity Agreement.

Liquidity Agent means PNC in its capacity as the Liquidity Agent pursuant to the Liquidity Agreement.

Liquidity Agent. Wachovia, as agent for the Liquidity Banks under the Liquidity Agreement, or any successor to Wachovia in such capacity.

Examples of Liquidity Agent in a sentence

• The Liquidity Agent shall not have any duties or responsibilities, except those expressly set forth herein, or any fiduciary relationship with any Investor, and no implied covenants, functions, responsibilities, duties, obligations or liabilities on the part of the Liquidity Agent shall be read into this Agreement or otherwise exist for the Liquidity Agent.

• The Liquidity Agent shall not be responsible for the negligence or misconduct of any agents or attorneys-in-fact selected by it with reasonable care.

• The Liquidity Agent shall in all cases be fully protected in acting, or in refraining from acting, in accordance with a request of the Required Investors and such request and any action taken or failure to act pursuant thereto shall be binding upon all the Investors.

• If the Liquidity Agent shall resign, then the Required Investors during such 5-day period shall appoint from among the Investors a successor Liquidity Agent.

• The Liquidity Agent shall not be required to take any action that exposes the Liquidity Agent to personal liability or that is contrary to this Agreement or Applicable Law.

More Definitions of Liquidity Agent

Liquidity Agent means any financial institution in its capacity as a Liquidity Agent pursuant to a Liquidity Agreement.

Liquidity Agent means Fleet National Bank, as agent for the Liquidity Banks under the Liquidity Agreement, or any successor to Fleet National Bank in such capacity.

Liquidity Agent means GE Capital, in its capacity as agent for the Liquidity Lenders pursuant to the LAPA.

Liquidity Agent. Defined in the Preamble.

Liquidity Agent shall have their respective meanings as set forth in the Liquidity Purchase Agreement.

Liquidity Agent. With respect to the BTMU Purchaser Group, BTMU, as liquidity agent for the Liquidity Banks under the BTMU Liquidity Agreement, or any successor to BTMU in such capacity.

Liquidity Agent has, with respect to any Warehouse Facility, the meaning specified in the related Receivables Financing Agreement.