Examples of Liquidity Drawing in a sentence

As Lovisa’s products are typically viewed by consumers to be ‘discretionary’ items rather than ‘necessities’, Lovisa’s financial performance is sensitive to the current state of, and future changes in, the retail environment in the countries in which it operates.
If the conditions precedent contained in Section 3.2 hereof are satisfied at the time of payment by the Issuing Bank of a Liquidity Drawing, such Liquidity Drawing made under the Letter of Credit shall constitute an advance (“Liquidity Advance”) to the Applicant.
Each Liquidity Drawing must be drawn down on a Payment Date in respect of the Trust.
Except in the case of a Liquidity Drawing, on the date of payment by such L/C Issuer in respect of such drawing (each such date, an “Honor Date”), the Borrower shall reimburse such L/C Issuer, in the manner specified in the last sentence of this paragraph, in an amount equal to the amount of such drawing.
No Liquidity Drawing, Liquidity Advance or the Letter of Credit, use of proceeds of the foregoing or other transaction contemplated by this Agreement will violate Anti-Corruption Laws or applicable Sanctions.

More Definitions of Liquidity Drawing

Liquidity Drawing means, in respect of any Bonds supported by a Bond Letter of Credit, any drawing under such Bond Letter of Credit the proceeds of which are used to pay the purchase price of such Bonds tendered for purchase by the Borrower (or any Subsidiary of the Borrower).

Liquidity Drawing shall have the meaning assigned to that term in the Xxxx XX.

Liquidity Drawing shall have the meaning assigned to that term in the Letters of Credit.

Liquidity Drawing has the same meaning herein as in such Letter of Credit. “Liquidity Facility” has the meaning set forth in Appendix A to the Ordinance.

Liquidity Drawing means a drawing made under clause 2.4 of this agreement.

Liquidity Drawing means, with respect to a Letter of Credit, a drawing under such Letter of Credit to purchase Bonds (or beneficial interests therein) (i) tendered for purchase at the option of the holder thereof (other than the Authority) in accordance with the terms of the Indenture and for which remarketing proceeds are not available and (ii) tendered or deemed tendered for mandatory purchase in accordance with the terms of the Indenture as a result of the expiration of the Letter of Credit on its scheduled expiration date.

Liquidity Drawing a Tender Drawing -- Principal or a Tender Drawing -- Interest (as each such term is defined in the relevant Bond Letter of Credit), the proceeds of which are to be used to fund tenders of the relevant Bonds in connection with a remarketing of the Bonds.