Liquidity Funding Rate means with respect to any Liquidity Funding under a Liquidity Facility for any period, the per annum rate of interest equal to the rate of interest provided for in the relevant Liquidity Facility at such time.
Liquidity Funding Rate means for any applicable portion of the Aggregate Net Investment and Accrual Period and the applicable Funding Agent and its related Ownership Group, a rate per annum equal to the lesser of:
Liquidity Funding Rate means for any applicable portion of the Note Principal Balance and Interest Period and the applicable Managing Agent and its related Ownership Group, an interest rate per annum equal to the greater of (I) the sum of (A) the Federal Funds Effective Rate for each day in such Interest Period plus (B) 0.50% plus (C) the Program Fee Rate, and (II) the applicable Prime Rate plus the Program Fee Rate for each day in such Interest Period.
Examples of Liquidity Funding Rate in a sentence
With respect to any Liquidity Funding under a Liquidity Facility on any day, the per annum rate of interest provided for in the relevant Liquidity Facility for such day; provided that the Liquidity Funding Rate shall not exceed the one month LIBOR in effect on such day.
More Definitions of Liquidity Funding Rate
Liquidity Funding Rate means the greater of (A) the sum of (i) the Adjusted LIBOR Rate and (ii) the Applicable Margin and (B) the Base Rate.
Liquidity Funding Rate means with respect to any Liquidity Funding under a Liquidity Facility for any period, the per annum rate of interest equal to the sum of (i) the Adjusted London Interbank Offered Rate applicable to such period plus (ii) 0.45% per annum; provided that, if a quotation for the London Interbank Offered Rate is not able to be obtained, the Liquidity Funding Rate shall equal, for each day in any period, (i) the Alternate Base Rate applicable to such day plus (ii) 0.45% per annum.
Liquidity Funding Rate. With respect to any Liquidity Funding under a Liquidity Facility on any day, the per annum rate of interest provided for in the relevant Liquidity Facility for such day; provided that the Liquidity Funding Rate shall not exceed the one month LIBOR in effect on such day.
Liquidity Funding Rate means for any applicable portion of the Aggregate Net Investment and Accrual Period and the applicable Funding Agent and its related Ownership Group, a rate per annum equal to the lesser of: (x) the sum of (A) Eurodollar Rate for such Accrual Period plus (B) the Eurodollar Spread Rate (the “Eurodollar Liquidity Funding Rate”); or (y) the greater of (I) the sum of (A) the Federal Funds Effective Rate for each day in such Accrual Period plus (B) 0.50% plus (C) the Program Fee, and (II) the applicable Prime Rate plus the Program Fee for each day in such Accrual Period (the “Alternate Liquidity Funding Rate”); provided, however, that if (i) any Owner determines that the Eurodollar Rate cannot be determined for any reason, including the unavailability of rate bids or the general unavailability of the London interbank market for U.S. Dollar borrowings, to fund the Net Investment of any Owner for any Accrual Period (or portion thereof), or (ii) any Owner determines that it would be contrary to law or to the directive of any central bank or other Governmental Authority to obtain U.S. Dollars in the London interbank market to fund or maintain its Net Investment for any -31- 00000000 T-Mobile (EIP) Third A&R RPAA NJ 231109207v1 736153181 19632398