Liquidity fund definition

Liquidity fund means any private fund that seeks to generate income by investing in a portfolio of short-term obligations in order to maintain a stable net asset value per unit or minimize principal volatility for investors.

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Liquidity fund means a reserve fund established under Section 8.4.1.

Liquidity fund means that portion of the assets of an association which is required to be held in readily marketable form.

Examples of Liquidity fund in a sentence

By March 15 following any Final Default under Section 5.4.6 that is subject to this Section 5.4.6.6, any Loan Allottee may voluntarily step up to (1) make all or part of the defaulted payment (including replenishment of the Liquidity Fund), and (2) assume the obligation for all future annual debt service and Operating C&E payments for that portion of a defaulting Loan Allottee’s obligation.
Such Liquidity Fund shall be held by the WGFP Enterprise to be applied separately from any reserves required for the borrowings.
Upon full repayment of a WGFP Financing, the WGFP Enterprise shall return the amount each Loan Allottee deposited in the Liquidity Fund for such WGFP Financing to such Loan Allottee.
In addition to the funds established in Section 6.1, there shall be established and maintained either by the WGFP Enterprise or under any Financing Documents the following funds and reserve funds, with segregated accounts for each Loan Allottee, to be used under the terms of this Section 8: a Revenue Fund; a Debt Service Fund; a Debt Service Reserve Fund; a Subordinated Lien Loan Fund; a Subordinated Lien Loan Reserve Fund; and a Liquidity Fund.
Any interest accrued by the Liquidity Fund shall be transferred to the Operating Fund and credited, based on the WGFP Financing Participation Percentages, to each Loan Allottee’s payment of amounts due to such fund under this Contract.

More Definitions of Liquidity fund

Liquidity fund means that part of the Cash Element which is a collective investment vehicle invested in deposit-based instruments. means any loss, claim, demand, liability, cost, charge or expense (including of any legal proceedings) and including, where relevant, any liability to tax.

Liquidity fund means any private fund that seeks to generate income by investing in a portfolio of short-term obligations to maintain a stable net asset value per unit or minimize volatility.

Liquidity fund means that portion of the assets of an association

Liquidity fund paragraph 14.6.

Liquidity fund means the investment fund, if any, created and owned by the Company pursuant to Section 9.

Liquidity fund means an investment as described in clause (iv) of the definition of "Substitute Underlying Security".

Liquidity fund means the fund by that name created pursuant to Section 6.01 hereof.