Liquidity Note definition

Liquidity Note has the meaning specified in Section 8.10.

Liquidity Note means a promissory note of the Borrower payable to any Liquidity Lender, in substantially the form of Exhibit B-3 hereto, evidencing the aggregate Indebtedness of the Borrower to such Liquidity Lender resulting from the Liquidity Loans made by such Liquidity Lender.

Liquidity Note without the consent of all Holders of each affected Class of Notes, the Certificateholder or the holder of the Revolving Liquidity Note, as the case may be, or (ii) reduce the aforesaid percentage of the Notes, the aforesaid Certificateholder or the aforesaid holder of the Revolving Liquidity Note required to consent to any such amendment, without the consent of the Holders of each Class of Notes, the Certificate or the Revolving Liquidity Note, as the case may be, affected thereby. Promptly after the execution of any such amendment or consent, the Owner Trustee shall furnish written notification of the substance of such amendment or consent to each Noteholder, Certificateholder, the Indenture Trustee and each of the Rating Agencies. It shall not be necessary for the consent of the Certificateholder, Noteholders or holder of the Revolving Liquidity Note pursuant to this Section to approve the particular form of any proposed amendment or consent, but it shall be sufficient if such consent shall approve the substance thereof. Prior to the execution of any amendment to this Agreement, the Owner Trustee and the Indenture Trustee shall be entitled to receive and rely upon an Opinion of Counsel stating that the execution of such amendment is authorized or permitted by this Agreement and the Opinion of Counsel referred to in Section 10.02. The Owner Trustee and the Indenture Trustee may, but shall not be obligated to, enter into any such amendment which affects the Owner Trustee's or the Indenture Trustee's, as applicable, own rights, duties or immunities under this Agreement or otherwise.

Examples of Liquidity Note in a sentence

• This Revolving Liquidity Note represents a 100% undivided interest in the right of the Holder to receive repayment in full of the aggregate amount of funded Draws and interest accrued thereon as and to the extent such amounts are payable in accordance with the Revolving Liquidity Note Agreement.

• The Revolving Liquidity Note may not be transferred, assigned or conveyed in part; any transfer, conveyance or assignment must be in respect of 100% of the Revolving Liquidity Note.

• Each Revolving Liquidity Note issued hereunder will evidence the repayment obligations of the Issuer set forth in Section 2.4 hereof and the funding obligations of the Holder thereof set forth in Section 2.1 and 2.2 hereof, and will be dated the date of its issuance.

• To the extent the entire Undrawn Amount is fully funded pursuant to Section 2.2 of the Revolving Liquidity Note Agreement, the Undrawn Amount shall be reduced to zero and shall no longer be subject to draws.

• No transfer, assignment or conveyance of the Revolving Liquidity Note will be effective prior to notice to the Issuer and the Indenture Trustee and recordation by the Issuer (or the Administrator on behalf of the Issuer) thereof in such register.

More Definitions of Liquidity Note

Liquidity Note means any one of the Class of Series 1997-1 Notes evidenced by one or more certificates created, issued and executed by the Trust and certified and delivered by the applicable Note Agent, from time to time pursuant to the Indenture and this Series Supplement, substantially in the form set out in Exhibit B, and “Liquidity Notes” shall mean all such Notes;

Liquidity Note means a promissory note of the Borrower in favor of a Lender delivered pursuant to Section 2.7(e), and evidencing such Lender's portion of the Liquidity Loan, as such promissory note may be amended, modified, restated or replaced from time to time.

Liquidity Note means the Promissory Note of Borrower evidencing Liquidity Advances hereunder, substantially in the form of Exhibit P hereto, together with any extension, renewal, or amendment thereof, or substitution therefor.

Liquidity Note. The meaning specified in Section 1.2 the Enron Support Agreement.

Liquidity Note means that certain Promissory Note dated June 27, 2012, made by the Company to CD Financial in the original principal amount of the Liquidity Amount, in the form of Exhibit B hereto, as the same may amended, restated, supplemented or modified from time to time.

Liquidity Note has the meaning given to it in Section 4.3.

Liquidity Note means the promissory note so referenced in -------------- Section