Liquidity Facility Amount definition

Liquidity Facility Amount means, on the Closing Date, $15,804,200 and for any date of determination thereafter, an amount equal to 2% of the then Outstanding Principal Balance of the ACS Group Loans.
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Liquidity Facility Amount means, at any time, the aggregate of the Available Commitments at that time.
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Liquidity Facility Amount means £55,000,000 or the amount to which such sum is increased or decreased from time to time in accordance with the terms of this Agreement;
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Examples of Liquidity Facility Amount in a sentence

  • Payments to the Liquidity Facility Provider (other than the Subordinated Liquidity Facility Amount) will rank in priority higher than payments under the Notes.

  • We confirm that we agree to enter into a new liquidity facility agreement with a Liquidity Facility Amount of [£55,000,000] to be granted to you on the same terms, mutatis mutandis, as the Amended and Restated Liquidity Facility Agreement (the "New Liquidity Facility Agreement") [save that the following amendments shall be made [details of amendments to apply to the new facility]].

  • It is a condition precedent to our entry into the New Liquidity Facility Agreement that the Liquidity Facility Amount under the Amended and Restated Liquidity Facility Agreement is cancelled and the LF Revolving Loan outstanding thereunder (if any) and any interest thereon which is accrued but unpaid is treated as outstanding under the New Liquidity Facility Agreement.

  • To the extent that any Liquidity Standby Loan at any time exceeds the Liquidity Facility Amount, such surplus shall be repaid to the Liquidity Facility Provider by the Issuer (or the Cash Administrator on the Issuer’s behalf) to the extent available from monies standing to the credit of the Liquidity Facility Reserve Account.

  • On any Quarterly Payment Date (other than a Quarterly Payment Date if and to the extent that on such date the Notes are redeemed in full) the Issuer will be entitled to make drawings under the liquidity facility made available by the Liquidity Facility Provider to the Issuer (the “Liquidity Facility”) pursuant to the Liquidity Facility Agreement up to the Liquidity Facility Amount (as defined below).

  • The Issuer (or the Cash Administrator on behalf of the Issuer) may, by giving to the Liquidity Facility Provider not less than 30 Business Days' prior notice to that effect, cancel the whole or any part (being an amount or integral multiple of £100,000) of the undrawn Liquidity Facility Amount whereupon the Available Liquidity Facility shall be reduced by the amount so cancelled.

  • Liquidity Facility Amount at July 2,3 semiannual interest payments3 semiannual interest payments3 semiannual interest payments1999(3)...............................$$$ - --------------- * The aggregate face amount, the initial loan to Aircraft value, the expected principal distribution window, the expected initial average life, the final expected Regular Distribution Date and the Final Maturity Date for each Class of Certificates are indicative only and subject to change.

  • Interest on the Liquidity Facility Debt (including the Additional Liquidity Facility Amount) shall be paid in full in cash on the Restructuring Effective Date.


More Definitions of Liquidity Facility Amount

Liquidity Facility Amount. ’ means 5.75 per cent. of the aggregate Principal Amount Outstanding of the Notes on the Issue Date (or such other amount as agreed by the Rating Agencies, such Rating Agencies having confirmed that the rating of any class of the Notes would not be adversely affected thereby), subject to reduction in accordance with the terms of the Liquidity Facility.
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Liquidity Facility Amount means, on the Closing Date and each Notes Calculation Date, an amount equal to
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Related to Liquidity Facility Amount

  • Replacement Liquidity Facility Responsible Officer", "Scheduled Payment", "Special Payment", "S&P", "Stated Interest Rate", "Subordination Agent", "Taxes", "Threshold Rating", "Trust Agreement", "Trustee", "Underwriters", "Underwriting Agreement", "United States" and "Written Notice".

  • Liquidity Facility “Loan Trustee”, “Long-Term Rating”, “Non-Extended Facility”, “Operative Agreements”, “Participation Agreements”, “Performing Equipment Note”, “Person”, “Pool Balance”, “Rating Agencies”, “Regular Distribution Date”, “Replacement Liquidity Facility”, “Responsible Officer”, “Series A Equipment Notes”, “Scheduled Payment”, “Short-Term Rating”, “Special Payment”, “Stated Interest Rate”, “Subordination Agent”, “Taxes”, “Threshold Rating”, “Trust Agreement”, “Trustee”, “Underwriters”, “Underwriting Agreement” and “United States”.

  • Class B Liquidity Facility has the meaning set forth in the Intercreditor Agreement.

  • Class A Liquidity Facility has the meaning set forth in the Intercreditor Agreement.

  • Liquidity Facilities means, collectively, the Class A Liquidity Facility and the Class B Liquidity Facility.

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances Outstanding.

  • Liquidity Facility Provider means a Person that is a party to a Liquidity Facility with the Authority with respect to specified Bonds and whose credit rating by each nationally recognized Rating Agency then rating the Class I Bonds is sufficiently high to maintain the then current rating on such Bonds by such Rating Agency or the equivalent of such rating by virtue of guarantees or insurance arrangements.

  • Available Facility Amount shall have the meaning specified in paragraph 2B(1).

  • Liquidity Amount means, as of any date of determination, the sum of (a) the Aggregate Borrowing Availability as of such date and (b) the Unrestricted Cash Amount as of such date.

  • Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.

  • Letter of Credit Commitment Amount means, on any date, a maximum amount of $10,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Minimum Liquidity Amount shall have the meaning assigned to such term in the Pricing Side Letter.

  • LC Commitment Amount means $600,000,000 as the same may be reduced permanently from time to time pursuant to Section 2.08.

  • Maximum Advance Amount shall be Two Hundred Fifty Thousand Dollars ($250,000) per Advance Notice.

  • Revolving Facility Maturity Date means, as the context may require, (a) with respect to the Revolving Facility in effect on the Closing Date, the fifth anniversary of the Closing Date and (b) with respect to any other Classes of Revolving Facility Commitments, the maturity dates specified therefor in the applicable Extension Amendment or Refinancing Amendment.

  • Revolving Commitment Amount means the Revolving Commitment amount (if any) set forth adjacent to such Lender’s name on Schedule A attached hereto (or, in the case of any Lender that became party to this Agreement after the Closing Date pursuant to Section 16.3(c) or (d) hereof, the Revolving Commitment amount (if any) of such Lender as set forth in the applicable Commitment Transfer Supplement).

  • Maximum Revolving Advance Amount means $25,000,000.

  • Maximum Commitment Amount means Five Million Dollars ($5,000,000.00).

  • Available Commitment means a Lender’s Commitment minus:

  • L/C Commitment Amount has the meaning given to that term in Section 2.3.(a).

  • Reserve Account Draw Amount means, for any Payment Date, an amount equal to the lesser of (a) the Available Funds Shortfall Amount, if any, for such Payment Date and (b) the amount of cash or other immediately available funds on deposit in the Reserve Account (excluding any net investment earnings) on such Payment Date; provided, however, that if such Payment Date is the Redemption Date, the “Reserve Account Draw Amount” shall mean an amount equal to the amount of cash or other immediately available funds on deposit in the Reserve Account on the Redemption Date.

  • Commitment Amount means, as the context may require, the Revolving Loan Commitment Amount, the Letter of Credit Commitment Amount or the Swing Line Loan Commitment Amount.

  • Total Commitment Amount means, at any particular time, the aggregate of the Individual Commitments of all of the Lenders at such time.

  • Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).

  • Liquidity Reserve Account shall have the meaning set forth in Section 8.2(A)(iii).

  • Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).