Examples of Liquidity Facility Purchase Account in a sentence
Any amounts deposited in the Liquidity Facility Purchase Account and not needed with respect to any Tender Date for the payment of the Tender Price for any Series 2014A Certificates shall be immediately returned to the Liquidity Provider.
The Tender Agent agrees to deposit the proceeds of such Requests in the Liquidity Facility Purchase Account pursuant to Section 309(b)(ii) hereof pending application of that money to the payment of the Tender Price.
The City may not exercise its right to effect a Voluntary Termination unless it can be demonstrated to the reasonable satisfaction of the Bank that immediately upon such Voluntary Termination there shall be sufficient funds on deposit in the Debt Service Fund or Liquidity Facility Purchase Account for the purpose of paying to the Bank all amounts owing pursuant to this Agreement (and any Bank Bonds).