Liquidity Reserve Account shall have the meaning set forth in Section 8.2(A)(iii).

Liquidity Reserve Account means the Liquidity Reserve Account established by the Depositary pursuant to the Depository Agreement.

Liquidity Reserve Account means the account designated as such, established and maintained pursuant to Section 8.2(c) of the Indenture.

Examples of Liquidity Reserve Account in a sentence

No funds from any other source (other than interest or earnings on the funds held in the Liquidity Reserve Account) shall be commingled in the Liquidity Reserve Account.
If at any time a Letter of Credit is held by the Paying Agent as an asset of the Liquidity Reserve Account, the stated amount of the Letter of Credit may be reduced from time to time, to the extent of any reduction in the dollar amount of the Liquidity Reserve Account Required Balance.
Upon the receipt of the proceeds of any such drawing, the Paying Agent shall deposit such proceeds into the Liquidity Reserve Account.
Notwithstanding the foregoing or any other provision to the contrary in this Agreement or any other Transaction Document, in no event shall the Paying Agent be required to report, track, calculate or monitor the value, available amount or any other information regarding any Letter of Credit for any party hereto or beneficiary of or under the Liquidity Reserve Account, except as expressly required pursuant to this Section 8.2(C).
The Servicer shall be authorized and directed to withdraw funds from the Liquidity Reserve Account only to make disbursements in accordance with this Agreement and not for any other purpose.

More Definitions of Liquidity Reserve Account

Liquidity Reserve Account. The separate trust account or accounts to be created and maintained under the circumstances described in Section 4.17.

Liquidity Reserve Account has the meaning specified in the Security Deposit Agreement.

Liquidity Reserve Account shall have the meaning assigned thereto in the Participation and Servicing Agreement.

Liquidity Reserve Account has the meaning given to such term in Section 3.01(a).

Liquidity Reserve Account the account by that name established and maintained by the Trustee pursuant to Section 3.01.

Liquidity Reserve Account shall have the meaning specified in Section 4.02(c)(i).

Liquidity Reserve Account means a segregated trust or custodial account established and maintained with an Eligible Institution for the sole purpose of holding and distributing the funds in the Liquidity Reserve.