Liquidity Lender definition

Liquidity Lender means for any Designated Lender, at any date of determination, the Designating Lender or, with the prior written consent of the Borrower, another financial institution which at such date is providing liquidity or credit support facilities to or for the account of such Designated Lender to fund such Designated Lender's obligations hereunder or to support the securities, if any, issued by such Designated Lender to fund such obligations.
Liquidity Lender means each LC Lender, each Revolving Lender and the Swing Loan Lender.
Liquidity Lender means any of the financial institutions from time to time parties to, and extending credit commitments to the Purchaser under, any Liquidity Agreement.

Examples of Liquidity Lender in a sentence

  • Upon any such resignation, the Lender shall have the right to appoint a successor Agent, subject to (i) the prior written approval of such successor Agent by each LOC Provider and each Liquidity Lender and (ii) receipt of written confirmation from each Rating Agency that such appointment shall not result in a withdrawal or downgrading of the then current credit rating of the Commercial Paper.

  • Any such reduction of the Aggregate Liquidity Commitment shall reduce ratably the Liquidity Commitment of each Liquidity Lender.

  • No Designated Lender may assign or transfer all or any portion of its interest hereunder, other than via an assignment to its Designating Lender or Liquidity Lender, if any, or otherwise in accordance with the provisions of Section 8.07(a) through (h) hereof.

  • If under any applicable bankruptcy, insolvency or other similar law, any Liquidity Lender receives a secured claim to which this Section applies, such Liquidity Lender shall, to the extent practicable, exercise its rights in respect of such secured claim in a manner consistent with the rights of the Liquidity Lenders entitled under this Section to share in the benefits of any recovery on such secured claim.

  • Each Liquidity Lender may assign, or sell participations in, its Liquidity Advances and Liquidity Commitment to one or more other Persons in accordance with this Section 11.11.


More Definitions of Liquidity Lender

Liquidity Lender means, with respect to any Designated Lender, any Person (other than its Designating Lender) which may be liable for the Debt of such Designated Lender.
Liquidity Lender means, at any time, any Lender that has a Liquidity Commitment or that holds a Liquidity Loan or Swingline Loan at such time.
Liquidity Lender means a financial institution or other Person who is a party to a Series Liquidity Agreement and holds beneficially or otherwise a Liquidity Note, whether or not any amount is owing thereunder;
Liquidity Lender or “Liquidity Lenders” shall, unless the context otherwise indicates, include the Agent in its individual capacity.
Liquidity Lender. Any financial institution from time to time party to the Liquidity Agreement as a "Lender" thereunder.
Liquidity Lender shall have the meaning specified therefor in the Series 1997-1 Supplement;
Liquidity Lender shall have the meaning specified in the introductory paragraph of this Agreement.