Liquidity Reserve definition

Liquidity Reserve. As defined in Section 4.17.

Liquidity Reserve shall have the meaning assigned to such term in Section 5.1(k).

Liquidity Reserve means that certain percentage, determined by the Board from time to time, of the aggregate net proceeds of the issuance of the Subscriber Shares, which percentage as of the date of this prospectus equals 15% of the net proceeds of the issuance of the Class A Shares and 15% the net proceeds of the issuance of the Class R Shares.

Examples of Liquidity Reserve in a sentence

• The Supplemental Liquidity Reserve is calculated the greater of 5% multiplied by the Adjusted Aggregate Loan Amount without taking into account factor "U" and 5% multiplied by the sterling equivalent of the outstanding covered bonds.

• One notable difference from previous rounds of QE is that the Fed is purchasing securities of different maturities, so the effect likely will not be concentrated on long-term rates.Actions to Provide Liquidity Reserve RequirementsOn March 15, the Fed announced that it was reducing reserve requirements—the amount of vault cash or deposits at the Fed that banks must hold against deposits—to zero for the first time ever.

• All funds drawn from the Debt Service Reserve Account, from the Liquidity Reserve Account and from the Trigger Event Reserve Account outside Brazil to be used for Interest Payment and for the portion of Principal Payment that represents capital gain as a consequence of exchange rate movement are subject to IRRF ( Imposto de Renda Retido na Fonte) at the rate of 15,00%.

• Among the accounts so established are the Liquidity Reserve Account and the Debt Service Account.

• All funds drawn from the Debt Service Reserve Account, from the Liquidity Reserve Account and from the Trigger Event Reserve Account outside Brazil to be used for Interest Payment and for the portion of Principal Payment that represents capital gain as a consequence of exchange rate movement are subject to IRRF ( Imposto de Renda Retido na Fonte) at the rate of 15.00%.

More Definitions of Liquidity Reserve

Liquidity Reserve shall have the meaning given in Section 4.03(a).

Liquidity Reserve means a liquidity reserve in an amount up to the Required Liquidity Reserve Amount to cover temporary shortfalls in Collections available to pay senior expenses and interest on the Class A Notes and the Class B Notes and, on the earlier of (i) the Payment Date, if any, on which the Aggregate Outstanding Loan Principal Amount is zero but the Class A Notes and the Class B Notes have not been redeemed in full, and (ii) the Maturity Date, to cover shortfalls in Collections available to pay the outstanding principal amount of the Class A Notes and the Class B Notes;

Liquidity Reserve means an amount at all times equal to $20,000,000.

Liquidity Reserve means the monies standing to the credit of the Liquidity Reserve Account at any given time.On the Issue Date, a portion of the amount drawn down under the Subordinated Loan Agreement equal to € 30,232,925 will be credited into the Cash Reserve Account whilst the remaining portion equal to € 24,186,000 will be credited into the Liquidity Reserve Account.On each Interest Payment Date,

Liquidity Reserve means, as of any date of determination, an amount equal to $5,000,000 or such lesser amount (expressed as either a specified amount or as a percentage of a specified category or item) as the Lender may from time to time establish and adjust in reducing Availability.

Liquidity Reserve means in relation to a Loan to an Approved Borrower, any amount held under the terms of the relevant Liquidity Reserve Trust Deed;

Liquidity Reserve means the monies standing to the credit of the Liquidity Reserve Account at any given time. On the Initial Issue Date, a portion of the amount drawn down under the Subordinated Loan Agreement equal to € 30,232,925 has been credited into the Cash Reserve Account whilst the remaining portion equal to € 24,186,000 has been credited into the Liquidity Reserve Account. On each Interest Payment Date,