Liquidity Facility Provider definition

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.

Liquidity Facility Provider means a commercial bank or other Person providing a Liquidity Facility pursuant to any Series Indenture with respect to a Series.

Liquidity Facility Provider means the Initial Liquidity Facility Provider and/or any Additional Liquidity Facility Provider, as the context may require.

Examples of Liquidity Facility Provider in a sentence

• The Authority hereby appoints RBC Capital Markets, LLC as Remarketing Agent to remarket the 2024 Series C-2 Bonds pursuant to the Indenture, and to keep such books and records as shall be consistent with prudent industry practice and to make such books and records available for inspection by the Liquidity Facility Provider, the Authority, the Paying Agent and the Trustee at all reasonable times.

• Bank Bonds shall not be remarketed unless the Paying Agent has received written notice from the Liquidity Facility Provider that the Liquidity Facility has been reinstated in full.

• Anything in the Indenture to the contrary notwithstanding, if there shall have occurred and be continuing an Event of Default described in Section 7.1(b) of the Master Indenture with respect to a failure to pay any Principal Installment or interest on the 2024 Series C-2 Bonds, the Remarketing Agent shall not remarket, and the Liquidity Facility Provider shall not be required to purchase pursuant to the Liquidity Facility, any 2024 Series C-2 Bonds.

• Any amounts deposited in the Standby Purchase Account and not needed with respect to any Purchase Date or Mandatory Purchase Date for the payment of the Purchase Price for any 2024 Series C-2 Bonds shall be immediately returned to the Liquidity Facility Provider.

• Any successor Remarketing Agent shall be selected by the Authority (and approved by the Liquidity Facility Provider) and shall be a member of the Financial Industry Regulatory Authority, shall have a capitalization of at least $15,000,000, and shall be authorized by law to perform all the duties set forth in the Indenture.

More Definitions of Liquidity Facility Provider

Liquidity Facility Provider means JPMorgan Chase Bank, National Association in its capacity as the liquidity facility provider under the Liquidity Facility Agreement or such other person who may from time to time act as the liquidity facility provider and who is a “professional market party” for Dutch banking regulation purposes.

Liquidity Facility Provider means the provider of a Liquidity Facility with respect to any Series of Bonds.

Liquidity Facility Provider means in relation to a Liquidity Facility Agreement the bank or financial institution which provides that facility or if it is a syndicated facility the bank or financial institution which is the agent under that facility. Master Trust Xxxx Xxxxx Xxxxx & Xxxxxxx -------------------------------------------------------------------------------- Loan means a loan or other form of financial accommodation purchased or made by the Trustee but does not include a Note.

Liquidity Facility Provider means initially CBA and each other person who may from time to time provide a Liquidity Facility.

Liquidity Facility Provider means Deutsche Bank AG, London Branch in its capacity as the liquidity facility provider under the Liquidity Facility Agreement or such other person who may from time to time act as the liquidity facility provider.

Liquidity Facility Provider means Calyon, acting through its New York Branch or any provider of an Eligible Liquidity Facility so designated by a Board Resolution and a Guarantor Board Resolution.

Liquidity Facility Provider means Citibank N.A., London Branch in its capacity as the liquidity facility provider under the Liquidity Facility Agreement or such other person who may from time to time act as the liquidity facility provider and who has a short term senior unsecured debt rating of at least “P-1” by Moody’s and “A-1” by S&P and a long term senior unsecured debt rating of at least “A1” by Moody’s.