Examples of Required Liquidity Providers in a sentence
Any additional Discount that has accrued after a Termination Event before the execution of a waiver thereof, solely as a result of the occurrence of such Termination Event, may be waived by the Agent at the direction of the Purchaser entitled thereto or, in the case of Discount owing to the Liquidity Providers, of the Required Liquidity Providers.
If any such amendment, modification, supplement or waiver shall be so consented to by the Series 1997-1 Collateral Agent (to the extent required) and the Required Liquidity Providers, RFC agrees, promptly following a request by the Series 1997-1 Collateral Agent or the Series 1997-1 Liquidity Agent to do so, to execute and deliver, in its own name and at its own expense, such agreements, instruments, consents and other documents as any of them may deem necessary or appropriate in the circumstances.
In any instance in which the Series 1997-1 Collateral Agent is permitted to take action hereunder, the Series 1997-1 Collateral Agent shall, except as expressly provided herein or in the Series 1997-1 Liquidity Agreement, act in accordance with the written instructions received, if any, from the Required Liquidity Providers, or if specified the Required VFN Noteholders.
If RFC shall fail to do any act or thing which it has covenanted to do hereunder or any representation or warranty on the part of RFC contained herein or repeated and reaffirmed herein shall be breached, the Series 1997-1 Collateral Agent may, with the consent of the Required Liquidity Providers, but shall not be required, to, do the same or cause it to be done or remedy any such breach, and may expend its funds for such purpose.
All instructions and notices from the Required Liquidity Providers shall be submitted to the Agent through the Liquidity Agent and the Support Credit Enhancer Agents.
In any instance in which the Agent is permitted to take action hereunder, the Agent shall, except as expressly provided herein or in the Liquidity Agreement, act in accordance with the written instructions received, if any, from the Required Liquidity Providers.
Upon the occurrence of a Loan Event of Default, the Agent, upon direction by the Required Liquidity Providers, shall direct NFC to declare that the Loan Commitments are terminated and, if no Commercial Paper Notes are then outstanding, the Loan Note immediately due and payable.
Instructions of the Required Liquidity Providers and Other Parties..................................
Without limitation of the foregoing, the Agent is authorized to give instructions to the Master Collateral Agent under the Master Collateral Agency Agreement with respect to release of any funds (for which the Agent is a Beneficiary) upon the direction of the Required Liquidity Providers.
All instructions and notices from the Required Liquidity Providers shall be submitted to the Collateral Agent through the Liquidity Agent.