Liquidity Commitment Amount definition

Liquidity Commitment Amount means, at any time, the then aggregate amount of the Liquidity Banks’ commitments under the Liquidity Agreement.

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Liquidity Commitment Amount means, at any time, the then aggregate amount of the Liquidity Banks’ commitments under the Liquidity Agreement. “Liquidity Funding” means a loan or purchase made by the Liquidity Bank (or simultaneous loans or purchases made by the Liquidity Banks) pursuant to a

Liquidity Commitment Amount means- with respect to each Liquidity Lender, the amount set forth below its signature to this Agreement or in the Assignment pursuant to which it became a Liquidity Lender, as such amount may be reduced or terminated pursuant to Section 2(j) or modified in connection with any subsequent Assignment pursuant to Section 9(b) or in connection with a termination of such Liquidity Lender's Liquidity Commitment pursuant to Section 11(h).

Examples of Liquidity Commitment Amount in a sentence

No Liquidity Advances shall be made by any Liquidity Lender if, after giving effect thereto, the Aggregate Outstanding Liquidity Advances with respect to such Liquidity Lender would exceed such Liquidity Lender's Percentage of the Liquidity Commitment Amount.
Each Liquidity Lender's Liquidity Advances under its Liquidity Commitment shall be evidenced by a Revolving Note or a Refunding Note, duly executed on behalf of the Borrower, payable to the order of such Liquidity Lender in a maximum principal amount equal to such Liquidity Lender's Percentage of the original Liquidity Commitment Amount.
DTFC hereby confirms and agrees that, notwithstanding anything to the contrary in the Liquidity Agreement, the Liquidity Commitment of any Terminated Liquidity Lender and the Partially Terminated Liquidity Commitment Amount of any Partially Terminated Liquidity Lender shall not be subject to any Borrowing Request for a Commitment Termination Liquidity Advance.
Upon the effectiveness of any reduction of the Liquidity Commitment Amount, there will be a pro rata reduction of the Liquidity Commitment of each Liquidity Lender.
No Liquidity Lender shall be required to make a Revolving Advance if, after giving effect to such Revolving Advance, (i) the sum of (x) the Aggregate Outstanding Liquidity Advances, plus (y) the CP Exposure would exceed the Liquidity Commitment Amount or (ii) the sum of the Aggregate Outstanding Liquidity Advances with respect to such Liquidity Lender and such Liquidity Lender's Percentage of the CP Exposure would exceed such Liquidity Lender's Percentage of the Liquidity Commitment Amount.
Each reduction in the Maximum Advance Amount of a Conduit Lender shall automatically result in a PRO RATA reduction of the Liquidity Commitment Amount of each Liquidity Lender relating to such Conduit Lender according to each such Liquidity Lender's Liquidity Commitment Amount.
The Lessee agrees to pay an upfront fee (the "Upfront Fee") to the Administrative Agent, for the account of the Liquidity Banks in an amount equal to 0.30% of the Aggregate Liquidity Commitment Amount, payable on the Documentation Date.
All Liquidity Loans made by each -------------- Liquidity Lender under this Article IIA shall be evidenced by, and repaid ----------- with interest in accordance with, a single promissory note of the Borrower in substantially the form of Exhibit A-4 attached hereto, duly completed in ----------- a principal amount equal to the Total Liquidity Commitment Amount, payable to the Loan Agent for the benefit of the Liquidity Lenders (the "LIQUIDITY NOTE").
The Borrower agrees to pay to the Agent for the pro rata account of each Liquidity Lender an ongoing commitment fee equal to 0.125% per annum of the aggregate average daily excess (if any) of the Liquidity Commitment Amount over the aggregate outstanding principal amount of the Advances, such fee to accrue from the Effective Date until the Liquidity Commitment Termination Date.

More Definitions of Liquidity Commitment Amount

Liquidity Commitment Amount. As of any date with respect to a Liquidity Lender, the principal amount set forth beside such Lender's name under the heading "Liquidity Commitment" on the signature page of this Agreement or on the signature page of the Assignment and Assumption Agreement pursuant to which such Liquidity Lender became a Committed Lender hereunder in accordance with the provisions of SECTION 8.06, as such Liquidity Commitment Amount may be adjusted from time to time in accordance with the provisions of SECTION 2.04 or 8.