Examples of Liquidity Reserve Amount in a sentence
Non-availability of Subordinated Loan After the Note Issuance Date, the Issuer will not be entitled to any further drawings under the Subordinated Loan in order (i) to fill or re-fill the Reserve Fund up to the Required Liquidity Reserve Amount or (ii) otherwise to make payments in respect of principal or interest on the Notes.
But the trial Court held albeit without reasons, that the petitioners are entitled, for the primary relief of specific performance.
Subject to certain additional restrictions, the loan advance will only become repayable to the Seller on any relevant date if and to the extent its outstanding amount exceeds an amount equal to the Required Liquidity Reserve Amount as of such date.
Prior to the redemption of the Class A Notes in full, the Required Liquidity Reserve Amount will be equal to at least EUR 1,000,000.
If, at the option of the Issuer, the Supplemental Liquidity Reserve Amount is set greater than zero, the Supplemental Liquidity Reserve Account shall be opened in the name of the Covered Bond Guarantor with Intesa Sanpaolo or, if the rating of Intesa Sanpaolo is not at least equal to the Minimum Required Account Bank Rating, CA-CIB.