Primary Liquidity Facility definition

Primary Liquidity Facility. Means, initially, the Revolving Credit Agreement dated as of July 5, 2001 relating to the Applicable Certificates, between the Primary Liquidity Provider and State Street Bank and Trust, as Subordination Agent, as agent and trustee for the Applicable Trust, and, from and after the replacement of such agreement pursuant to the Intercreditor Agreement, the replacement liquidity facility therefor, in each case as amended, supplemented or otherwise modified from time to time in accordance with their respective terms.
Primary Liquidity Facility. Means, initially, the Revolving Credit Agreement dated as of March 25, 2002 relating to the Applicable Certificates, between the Primary Liquidity Provider and Wilmington Trust Company, as Subordination Agent, as agent and trustee for the Applicable Trust, and, from and after the replacement of such agreement pursuant to the Intercreditor Agreement, the replacement primary liquidity facility therefor, in each case as amended, supplemented or otherwise modified from time to time in accordance with their respective terms.

Examples of Primary Liquidity Facility in a sentence

  • At any time after a Non-Extension Drawing has been made under any Primary Liquidity Facility or at any time after the Primary Liquidity Provider has extended the Stated Expiration Date pursuant to Section 2.11 of the related Primary Liquidity Facility, the Primary Liquidity Provider thereunder may, at its option, arrange for a Replacement Primary Liquidity Facility to replace the Primary Liquidity Facility under which such Non-Extension Drawing or extension has been made.

  • Upon such surrender and payments, the Primary Liquidity Facility shall be terminated in accordance therewith.

  • The applicable Primary Liquidity Provider may also arrange for a Replacement Primary Liquidity Provider to issue and deliver a Replacement Primary Liquidity Facility at any time after such Downgrade Drawing so long as such Downgrade Drawing has not been reimbursed in full to such Primary Liquidity Provider.

  • Upon receipt from a Primary Liquidity Provider of a Termination Notice with respect to any Primary Liquidity Facility, the Subordination Agent shall, not later than the date specified in such Termination Notice, in accordance with the terms of such Primary Liquidity Facility, request a drawing under such Primary Liquidity Facility of all available and undrawn amounts thereunder (a “Final Drawing”).

  • Ireland, Sweden and the UK were the only countries that did not restrict the free movement of labor in the 2004 enlargement.


More Definitions of Primary Liquidity Facility

Primary Liquidity Facility means the Class A Primary Liquidity Facility or the Class B Primary Liquidity Facility, as applicable.
Primary Liquidity Facility has the meaning set forth in the recitals to the Note Purchase Agreement.
Primary Liquidity Facility means the Revolving Credit Agreement, dated as of the Issuance Date, between the Subordination Agent, as borrower, and the Primary Liquidity Provider, provided that, for purposes of any obligation of Owner, no amendment, modification or supplement to, or substitution or replacement of, such Primary Liquidity Facility shall be effective unless consented to by Owner.
Primary Liquidity Facility means, initially, the Revolving Credit Agreement, dated as of the date hereof, between the Subordination Agent, as agent and trustee for the Class G Trustee, and Landesbank Baden-Wurttemberg and, from and after the replacement of such agreement pursuant hereto, the Replacement Primary Liquidity Facility therefor, if any, in each case as amended, supplemented or otherwise modified from time to time in accordance with its terms.
Primary Liquidity Facility has the meaning set forth in the tenth recital to the Note Purchase Agreement.
Primary Liquidity Facility is defined in the Intercreditor Agreement.