Examples of Liquidity Guarantor in a sentence
Such reimbursement amount to accrue interest from the time disbursed until the time said amount is paid to Team and/or Liquidity Guarantor at the same rate as stated in the Rolling Liquidity Facility or prime rate at Frost National Bank, whichever is less.
The Liquidity Provider will promptly, but in any event within ten days of its receipt of notice thereof, deliver notice of any downgrading of its debt ratings or of the debt ratings of any Liquidity Guarantor to the Subordination Agent and American.
No terms or provisions of this Agreement may be changed, waived, discharged or terminated orally, but only by an instrument in writing signed by the Borrower, the Cash Manager, the Liquidity Facility Provider, the Liquidity Guarantor and any other Person whose consent is required pursuant to this Agreement.
The Liquidity Guarantor Balance shall initially be established as the Phase 1 Guarantee (Phase 1 Revenue Projections through the final term of the Bonds) and the Phase 2 Guarantee (Phase 2 Revenue Projections through the final term of the Bonds).
Liquidity Guarantor: The Bear Stearns Companies Inc., acting through its Stated Office.