Required Liquidity Reserve Amount definition

Required Liquidity Reserve Amount means,

Required Liquidity Reserve Amount means, on the Note Issuance Date and subsequently as at any Payment Date during the Replenishment Period EUR 6,520,000, and as at any Payment Date after the Replenishment Period, the higher of (i) 0.5% multiplied by the Class A Principal Amount and (ii) EUR 1,000,000.

Required Liquidity Reserve Amount means, as of any Payment Date, the excess, if any, of (a) the Required Liquidity Amount as of such Payment Date over (b) the aggregate available amount of each Liquidity Reserve Letter of Credit.

Examples of Required Liquidity Reserve Amount in a sentence

• The amounts standing to the credit of the Reserve Account in excess of the Required Liquidity Reserve Amount (the "Liquidity Reserve Excess Amount") will be part of the Issuer Pre-Enforcement Available Revenue Receipts.

• 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.

• 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.

• The best way for the Land Council to present this information is in the form of a balance sheet (as shown on the following page).

• 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.

More Definitions of Required Liquidity Reserve Amount

Required Liquidity Reserve Amount means an amount equal to (a) on the Note Issuance Date and as of any Cut-Off Date prior to (but excluding) the Amortisation Threshold Date, 1 % of the initial Aggregate Outstanding Note Principal Amount as of the Note Issuance Date and (b) on the Cut-Off Date falling on the Amortisation Threshold Date and any Cut-Off Date following the Amortisation Threshold Date, 2 % of the Aggregate Outstanding Note Principal Amount prior to payment of any Class A Notes Principal and any Class B Notes Principal in accordance with the Pre-Enforcement Priority of Payments on the Payment Date immediately following the relevant Cut-Off Date, provided, in each case (a) and (b), that the Required Liquidity Reserve Amount will be equal to zero if the Aggregate Outstanding Principal Amount is zero.

Required Liquidity Reserve Amount means, as of any Payment Date, an amount equal to an estimate of the interest expenses for the next two succeeding Collection Periods, which shall be calculated by the Agent based on the interest rate used in the Servicer Report for the most recent Reporting Date and principal will be equal to the ending balance set forth in the Servicer Report for the most recent Reporting Date.

Required Liquidity Reserve Amount means, for any date of determination, an amount equal to (i) for so long as Xxxxxxxx Xxxx exists, 4%, and (ii) otherwise, 6%, in each case of the Adjusted Borrowing Value of the Funded Aircraft in the Borrower’s Portfolio as of such date.

Required Liquidity Reserve Amount means (x) as of the Closing Date, --------------------------------- $500,000, and thereafter increasing by $42,000 per month until such time as such amount shall equal or exceed $2,000,000 and thereafter $2,000,000 or (y) such other amount agreed to in accordance with Section 8.9.

Required Liquidity Reserve Amount means, as of the Series 2024-1 Closing Date and any Payment Date, the excess, if any, of (a) the Required Liquidity Amount as of such Payment Datedate over (b) the aggregate available amount of each Liquidity Reserve Letter of Credit.

Required Liquidity Reserve Amount means, on the Closing Date and on any Payment Date an amount equal to EUR 200,000, provided, that the Required Liquidity Reserve Amount will be equal to zero if the Class A Principal Amount is zero or if the Aggregate Outstanding Principal Amount is zero;

Required Liquidity Reserve Amount means, on each Guarantor Payment Date, an amount calculated by the Guarantor Calculation Agent as being equal to the sum of: