Primary Liquidity Facilities definition

Primary Liquidity Facilities means the [two/three/four] Revolving Credit Agreements (consisting of a separate Revolving Credit Agreement with the Primary Liquidity Provider with respect to each Pass Through Trust (other than the Class D Pass Through Trust), between the Subordination Agent, as borrower, and the Primary Liquidity Provider, each dated as of the Issuance Date, including, in each case, the related Liquidity Fee Letter referred to therein, and any replacement thereof, in each case as the same may be amended, modified or supplemented.
Sample 1
Primary Liquidity Facilities means the two Revolving Credit Agreements, each dated as of the Closing Date, each between the Subordination Agent, as agent and trustee for the applicable Pass Through Trust, and the initial Primary Liquidity Provider, and from and after the replacement of either such agreement pursuant to the Intercreditor Agreement (including any replacement of the Revolving Credit Agreement relating to the Pass Through Trust holding the Original Series C Equipment Notes in connection with a Refunding thereof), the Replacement Primary Liquidity N604AA Annex A to Participation Agreement and Indenture and Security Agreement Facility (as defined in the Intercreditor Agreement) therefor, if any, in each case as amended, supplemented or otherwise modified from time to time in accordance with its terms.
Sample 1Sample 2
Primary Liquidity Facilities means the two Revolving Credit Agreements (consisting of a separate Revolving Credit Agreement with the applicable Primary Liquidity Provider with respect to each of the Class A Trust and the Class B Trust) between the Subordination Agent, as borrower, and such Primary Liquidity Provider, each dated as of December 23, 1997; provided that, for purposes of any obligation of Owner Trustee or Lessee, no amendment, modification or supplement to, or substitution or replacement of, any such Primary Liquidity Facility shall be effective unless consented to by Owner Trustee or Lessee, as the case may be.
Sample 1

Examples of Primary Liquidity Facilities in a sentence

  • The amount of each drawing under the Primary Liquidity Facilities shall be due and payable, together with interest thereon, on the dates and at the rates, respectively, provided in the Primary Liquidity Facilities.

  • Interest Drawings under the Primary Liquidity Facilities and withdrawals from the Cash Collateral Accounts and the Above-Cap Accounts, in each case, in respect of interest on the Certificates of any Class, will be distributed to the Trustee for such Class of Certificates for distribution to Certificateholders of the related Class, notwithstanding Sections 3.2 and 3.6(h) hereof.

  • If any Replacement Primary Liquidity Facility for any Primary Liquidity Facility in accordance with Section 3.6(e) hereof is to be comprised of more than one instrument as contemplated by the definition of the term "Replacement Primary Liquidity Facility", then each of the parties hereto agrees to amend this Agreement to incorporate appropriate mechanics for multiple Primary Liquidity Facilities for a Trust.

  • If the Replacement Primary Liquidity Facility for any Primary Liquidity Facility in accordance with Section 3.6(e) hereof is to be comprised of more than one instrument as contemplated by the definition of the term “Replacement Primary Liquidity Facility”, then each of the parties hereto agrees to amend this Agreement to incorporate appropriate mechanics for multiple Primary Liquidity Facilities for an individual Trust.

  • Within 30 days after such Primary Liquidity Provider receives notice of such downgrading (but no later than the expiration date of the Primary Liquidity Facilities (the "Downgraded Facility")), such Primary Liquidity Provider or United may arrange for one or more Replacement Liquidity Providers to issue and deliver a Replacement Primary Liquidity Facility for both the Class A Primary Liquidity Facility and the Class B Primary Liquidity Facility to the Subordination Agent.

  • If the Replacement Primary Liquidity Facility for the Primary Liquidity Facility in accordance with Section 3.5(e) hereof is to be comprised of more than one instrument as contemplated by the definition of the term "Replacement Primary Liquidity Facility", then each of the parties hereto agrees to amend this Agreement to incorporate appropriate mechanics for multiple Primary Liquidity Facilities for an individual Trust.

  • Forgery pursuant to subsection A, paragraph 4 is a class 3 felony.

  • Drawings contemplated by this paragraph (d) shall only be applicable with respect to Primary Liquidity Facilities ("Insured Primary Liquidity Facilities") which are in respect of Senior Certificates, the applicable Policy for which permits drawings for the benefit of such Primary Liquidity Provider.

  • Senior Additional Certificates or Junior Additional Certificates (that have the benefit of a Primary Liquidity Facility and accrue interest at a floating rate) may have the benefit of above-cap liquidity facilities ("Additional Above-Cap Liquidity Facilities" and, together with the Additional Primary Liquidity Facilities, the "Additional Liquidity Facilities").

  • If the Replacement Primary Liquidity Facility for the Primary Liquidity Facility is to be comprised of more than one instrument as contemplated by the definition of the term "Replacement Primary Liquidity Facility", then each party hereto agrees to amend this Agreement and the other Operative Agreements to incorporate appropriate mechanics for multiple Primary Liquidity Facilities for a single Trust.


More Definitions of Primary Liquidity Facilities

Primary Liquidity Facilities has the meaning set forth in the Trust Indenture."
Sample 1
Primary Liquidity Facilities means the two Revolving Credit Agreements (consisting of a separate Revolving Credit Agreement with the Primary Liquidity Provider with respect to the Class G-1 Pass Through Trust and the Class G-2 Pass Through Trust) between the Subordination Agent, as borrower, and the Primary Liquidity Provider, each dated as of the Issuance Date, PROVIDED that, for purposes of any obligation of Owner, no amendment, modification or supplement to, or substitution or replacement of, any such Primary Liquidity Facility shall be effective unless consented to by Owner.
Sample 1
Primary Liquidity Facilities has a correlative meaning.
Sample 1

Related to Primary Liquidity Facilities

  • Liquidity Facilities means, collectively, the Class A Liquidity Facility and the Class B Liquidity Facility.

  • Replacement Liquidity Facility Responsible Officer", "Scheduled Payment", "Special Payment", "S&P", "Stated Interest Rate", "Subordination Agent", "Taxes", "Threshold Rating", "Trust Agreement", "Trustee", "Underwriters", "Underwriting Agreement", "United States" and "Written Notice".

  • Class B Liquidity Facility has the meaning set forth in the Intercreditor Agreement.

  • Liquidity Facility “Loan Trustee”, “Long-Term Rating”, “Non-Extended Facility”, “Operative Agreements”, “Participation Agreements”, “Performing Equipment Note”, “Person”, “Pool Balance”, “Rating Agencies”, “Regular Distribution Date”, “Replacement Liquidity Facility”, “Responsible Officer”, “Series A Equipment Notes”, “Scheduled Payment”, “Short-Term Rating”, “Special Payment”, “Stated Interest Rate”, “Subordination Agent”, “Taxes”, “Threshold Rating”, “Trust Agreement”, “Trustee”, “Underwriters”, “Underwriting Agreement” and “United States”.

  • Class A Liquidity Facility has the meaning set forth in the Intercreditor Agreement.

  • Liquidity Facility Provider means a Person that is a party to a Liquidity Facility with the Authority with respect to specified Bonds and whose credit rating by each nationally recognized Rating Agency then rating the Class I Bonds is sufficiently high to maintain the then current rating on such Bonds by such Rating Agency or the equivalent of such rating by virtue of guarantees or insurance arrangements.

  • Utility facility means any pipe, pipeline, duct, wire line, conduit, pole, tower, equipment or other structure used for one of the following:

  • City Facility means any building, structure, property, park, open space, or vehicle, owned or leased by the City, its agents, agencies, or departments.

  • Utility Facilities means the plant, equipment and property, including but not limited to, the poles, pipes, mains, conduits, ducts, cables, fiber optic cables, circuits, wires, lines, plant and equipment located under, on or above the surface of the ground within the Public Ways of the City and used or to be used for the purpose of providing utility services or Telecommunications Services.

  • Authority facilities means the authority's railroad, omni-

  • Replacement Liquidity Provider has the meaning set forth in the Intercreditor Agreement.

  • Majority Facility Lenders with respect to any Facility, the holders of more than 50% of the aggregate unpaid principal amount of the Term Loans or the Total Revolving Extensions of Credit, as the case may be, outstanding under such Facility (or, in the case of the Revolving Facility, prior to any termination of the Revolving Commitments, the holders of more than 50% of the Total Revolving Commitments).

  • Replacement Facility means 1 of the following:

  • Community facilities means a specific work, or improvement within this state or a specific item of equipment or tangible personal property owned or operated by any political subdivision or nonprofit corporation and used within this state to provide any essential service to the general public;

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.

  • Community facility means community room, clubhouse, recreation center or similar area for use by residents. Lobbies and laundry facilities must not be considered within the scope of this definition.

  • Qualified facility means a permanent facility within this state equipped for the production of motion pictures, television shows, or digital media production that meets all of the following requirements:

  • Class B Liquidity Provider has the meaning set forth in the Intercreditor Agreement.

  • Energy facility means an energy plant or transmission

  • Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

  • nuclear facility means, except as otherwise agreed to by the Underwriter, any of the following, provided that Nuclear Material is contained therein or being used therewith or Nuclear Material is present at the site where the same is located:

  • Credit Facility Provider means the issuer of or obligor under a Credit Facility.

  • Company Credit Facility means the Credit Agreement, dated as of March 24, 2016, as amended and restated as of December 14, 2017, as further amended and restated as of May 7, 2019, as further amended and restated as of September 11, 2019, and as further amended as of November 14, 2019, by and among Centene, the various financial institutions named therein, as lenders, and Wells Fargo Bank, National Association, as administrative agent, including any related notes, Guarantees, collateral documents, instruments and agreements executed in connection therewith, and in each case as amended, restated, modified, renewed, refunded, replaced or refinanced (in whole or in part) from time to time, whether or not with the same lenders or agent.

  • Letter of Credit Facility means, at any time, an amount equal to the amount of the Issuing Bank's Letter of Credit Commitment at such time, as such amount may be reduced at or prior to such time pursuant to Section 2.05.

  • On-site facility means a structural BMP located within the subject property boundary described in the permit application for land development activity.

  • Class A Liquidity Provider has the meaning set forth in the Intercreditor Agreement.