Examples of Reserve Loan in a sentence
Federal Reserve Loan RestructuringThe Fed reduced the $85 billion loan facility to $60 billion, extended the time period to five years, and eased the financial terms considerably.
Details concerning this program may be obtained directly from the Commander, Defense Industrial Plant Equipment Center, ATTN: Defense Industrial Reserve Loan Branch, Memphis, TN 38144–5000.
Advance under the Liquidity Reserve Loan Agreement The Liquidity Reserve Loan Provider will (on the request of the Trustee, at the direction the Manager, prior to the Issue Date) provide a single loan advance of A$150,000.
This amount grew to approximately $61 billion on November 5, 2008, shortly before the restructuring of the loan discussed below in “Federal Reserve Loan Restructuring.”37 Securities Borrowing Facility38On October 8, 2008, the Fed announced that it was expanding its assistance to AIG by swapping cash for up to $37.8 billion of AIG’s investment-grade, fixed-income securities.
On the occurrence of an Event of Default and the enforcement of the Charge, the balance of the Extraordinary Expense Reserve will not be available for distribution in accordance with Section 9.4.4, but will be applied in repayment of the Extraordinary Expense Reserve Loan.
The Liquidity Reserve Target BalancePrior to the Issue Date, the Liquidity Reserve Loan Provider must deposit an amount equal to $150,000 (the “ Liquidity Reserve Target Balance”) into the Liquidity Reserve Account, which will form the Liquidity Reserve.
Treasury and Federal Reserve Loan ProgramsApril 13, 2020Through the Main Street Lending Program, PPP Liquidity Facility, Primary and Secondary Market Corporate Credit Facilities, Term Asset-Backed Securities Loan Facility and the Municipal Liquidity Facility, the Department of Treasury and the Federal Reserve are providing up to $2.3 trillion in loans to support the US economy during the COVID-19 crisis.
All amounts outstanding under the Subordinated Reserve Loan will be due and payable on the Final Maturity Date or on such earlier date as the Notes are repaid in full.
See Summary of Principal Documents —Subordinated Reserve Loan Agreement below.
The Issuer will establish the Liquidity Reserve Ledger and credit an amount equal to the Required Liquidity Reserve Amount to the Liquidity Reserve Ledger on the Closing Date from amounts advanced to the Issuer pursuant to the Reserve Loan.