Examples of Related Liquidity Provider in a sentence
This will include access to foundational learning programmes as well as adult education and training programmes (AET).
Nothing in this Section 7.2 limits the obligations of each Related Liquidity Provider to its related Conduit Purchaser (including under the applicable Liquidity Agreement).
A Variable Funding Noteholder may satisfy the Rating Requirement by virtue of the ratings of its Related CP Issuer and Related Liquidity Provider even through the Variable Funding Noteholder does not have a rating itself.
Any sale from any Related Liquidity Provider to the relevant Conduit Purchaser pursuant to this Section 2.2 shall be without recourse, representation or warranty except for the representation and warranty that the Investment sold by such Related Liquidity Provider is free and clear of any Adverse Claim created or granted by such Related Liquidity Provider and that such Related Liquidity Provider has not suffered a Bankruptcy Event.
If a Conduit Purchaser delivers such notice, each of its Related Liquidity Providers shall sell to such Conduit Purchaser and such Conduit Purchaser shall purchase in full from each such Related Liquidity Provider the Investment of such Related Liquidity Providers on the last day of the relevant Tranche Periods, at a purchase price equal to such Investment plus accrued and unpaid Discount thereon.
While the Royal Bank of Scotland plc will be the holder of the Variable Funding Notes on the Issue Date, it is expected that the Variable Funding Notes (including the commitment to make further advances under the Variable Funding Note Purchase Agreement) will be transferred promptly following the Issue Date to a Variable Funding Noteholder which satisfies the Rating Requirement by virtue of its Related CP Issuer and Related Liquidity Provider.
If any Variable Funding Noteholder (or its Related CP Issuer or Related Liquidity Provider) fails to satisfy the rating requirements set out in the Variable Funding Notes Purchase Agreement, the Variable Funding Noteholder shall be required to take action as set out more specifically in the Variable Note Purchase Agreement.
Holders of the Variable Funding Notes (or, if applicable, theirRelated CP Issuer and Related Liquidity Provider) are required to satisfy certain rating criteria set out in the Variable Funding Notes Purchase Agreement.
The Seller has requested that (i) a new Conduit Purchaser, Market Street Funding LLC and a Related Liquidity Provider, PNC, be added as purchasers (and not as assignees) under this Agreement and (ii) that certain additional amendments be made.