Self Liquidity definition

Self Liquidity means a liquidity facility provided by the Agency’s own funds pursuant to Section C404 of this 202_ Series Resolution, other than a Non-Conforming Liquidity Facility.
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Self Liquidity means a liquidity facility provided by the Agency’s own funds pursuant to the Series Resolution applicable to the 2003 Series J Bonds, other than a Non-Conforming Liquidity Facility.
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Self Liquidity means a liquidity facility provided by the Agency’s own funds pursuant to Section
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Examples of Self Liquidity in a sentence

  • The Investment Portfolio will be managed at all times with sufficient Liquidity to meet all daily and seasonal needs, to fund special projects and other operational requirements which are either known or which might reasonably be anticipated, and to provide adequate Self- Liquidity, if applicable.

  • Alternate Liquidity Facility; Self Liquidity Arrangement 55 Section 408.

  • Table 11 – Pro Forma Self Liquidity Indebtedness Principal Amount ($ in millions)CP Mode VRDBs $200.0Weekly VRDBs 100.0Taxable CP 400.0Total Self-Liquidity Debt $700.0Note: In April 2017, SSM paid down $200.0mn in taxable CP using proceeds from the Series 2017A bonds issuance.

  • The Borrowers may, at their sole option, furnish a Self Liquidity Arrangement (or, if either a Liquidity Facility or a Credit Facility is then in existence, in substitution for such Liquidity Facility or Credit Facility then in effect) to the Bond Trustee to provide for the payment, guarantee or insurance of debt service on the Bonds when due, and if so elected by the Borrowers, for the purchase of Bonds upon their optional or mandatory tender in accordance with the provisions of the Bond Indenture.

  • The notice will also be accompanied by written evidence from each Rating Agency then rating the Bonds of the rating to be assigned to Bonds by such Rating Agency on and after the Self Liquidity Arrangement becomes effective.

  • Notice of Expiration, Termination, or Proposed Replacement of Liquidity Facility or Self Liquidity Arrangement 57 Section 410.

  • Alternate Credit Facility; Delivery of Credit Facility to Replace Liquidity Facility or Self Liquidity Arrangement; Surrender of Credit Facility 60 Section 412.

  • The Investment Portfolio will be managed at all times with sufficient liquidity to meet all daily and seasonal needs, to fund special projects and other operational requirements which are either known or which might reasonably be anticipated, and to provide adequate Self- Liquidity, if applicable.

  • The Borrowers may also provide a Self Liquidity Arrangement for such Bonds.


More Definitions of Self Liquidity

Self Liquidity means a liquidity facility provided by the Agency’s own funds pursuant to the 2009 Series F Resolution, other than a Non-Conforming Liquidity Facility.
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Self Liquidity means a liquidity facility provided by the Commission’s own funds pursuant to Section 5.04 of this 2022 Series D Resolution, other than a Non-Conforming Liquidity Facility.
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Related to Self Liquidity

  • Cash Liquidity means, with respect to any Person, on any date of determination, the sum of (i) unrestricted cash, plus (ii) Available Borrowing Capacity, plus (iii) Cash Equivalents.

  • Free Liquidity means, at any date of determination, the aggregate of the Cash Balance and any Commitments under this Agreement or any other amounts available for drawing under other revolving or other credit facilities of the NCLC Group, which remain undrawn, could be drawn for general working capital purposes or other general corporate purposes and would not, if drawn, be repayable within six months.

  • Total Liquidity means, at any date of determination, the sum of (i) Cash Liquidity plus (ii) unencumbered Investment Securities; provided, that “Total Liquidity” and associated components thereof shall be determined without regard to the effects of consolidation of any issuer of a Specified Third Party Securitization on the financial statements of Guarantor under Accounting Standards Codification Section 810, as amended, modified or supplemented from time to time, or otherwise under GAAP.

  • Minimum Liquidity means, as of any date of determination, the sum of (a) the aggregate unused amount of the Commitments as of such date and (b) unrestricted cash of the Loan Parties as of such date.

  • Available Liquidity means the credit balance on the DCA decreased by the amount of any processed reservations of liquidity or blocking of funds,

  • Consolidated Liquidity means, with reference to any period, an amount equal to (a) any Unrestricted Cash of the Borrowers and their Subsidiaries as calculated on a consolidated basis for such period and (b) the Aggregate Commitments of the Lenders minus the outstanding principal amount of all Loans and any issued and outstanding Letters of Credit; provided that the Borrowers are otherwise permitted to borrow such amount pursuant to the terms and conditions of this Agreement at the time such amount is calculated.

  • Liquidity means, as of any date of determination, the sum of (i) the aggregate amount of Unrestricted Cash of the Obligors at such time plus (ii) Availability (as defined in the ABL Credit Agreement as of the Agreement Date) at such time.

  • Minimum Liquidity Amount shall have the meaning assigned to such term in the Pricing Side Letter.

  • Affordability Period means the period during which the average rent in a Project is required to be maintained at an affordable level, as determined in accordance with the Program Guidelines or as otherwise established by the County;

  • Liquidity Ratio means, for any date of determination, the ratio of (a)(i) the aggregate amount of unrestricted and unencumbered cash (other than Liens in favor of Bank) held at such time by Borrower in Deposit Accounts maintained with Bank, plus (ii) accounts receivable determined according to GAAP for the Borrower and its consolidated Subsidiaries, divided by (b) the principal amount of outstanding Credit Extensions.

  • Class B Liquidity Provider has the meaning set forth in the Intercreditor Agreement.

  • Applicable Liquidity Rate has the meaning specified in Section 3.07(g).

  • Replacement Liquidity Provider has the meaning set forth in the Intercreditor Agreement.

  • Undrawn Availability at a particular date shall mean an amount equal to (a) the lesser of (i) the Formula Amount, or (ii) the Maximum Revolving Advance Amount, minus the Maximum Undrawn Amount of all Letters of Credit, minus (b) the sum of (i) the outstanding amount of Revolving Advances, plus (ii) amounts due and owing to any Borrower’s trade creditors which are outstanding sixty (60) days or more past the due date thereof.

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances Outstanding.

  • Liquidity Capitalization means the number, as of immediately prior to the Liquidity Event, of shares of the Company’s capital stock (on an as-converted basis) outstanding, assuming exercise or conversion of all outstanding vested and unvested options, warrants and other convertible securities, but excluding: (i) shares of Common Stock reserved and available for future grant under any equity incentive or similar plan; (ii) any SAFEs; and (iii) convertible promissory notes.

  • Required Availability means Excess Availability and unrestricted cash and Cash Equivalents in an amount of not less than $5,000,000.

  • Load Ratio Share means the ratio of a Transmission Customer’s Network Load to the Transmission Provider’s total load.

  • Loss Reserve Ratio means, for any Calculation Period, the product of (a) the Stress Factor, (b) the highest three-month average, during the twelve-month period ending on the most recent Month End Date, of the Default Ratio and (c) the Loss Horizon Ratio for such Calculation Period.

  • Class A Liquidity Provider has the meaning set forth in the Intercreditor Agreement.

  • Affordability average means the average percentage of median income at which restricted units in an affordable housing development are affordable to low- and moderate-income households.

  • Debt to Cash Flow Ratio means, with respect to any Person as of any date of determination, the ratio of (a) the Consolidated Indebtedness of such Person as of such date, less cash and Cash Equivalents, to (b) the Consolidated Cash Flow of such Person for the four most recent full fiscal quarters ending immediately prior to such date for which internal financial statements are available. For purposes of making the computation referred to above:

  • Loss Ratio means the ratio (expressed as a percentage) of the total amount of losses on claims associated with insurance policies incurred during a specified period to premiums earned during such period. The loss ratio is a key measure of underwriting profitability and the quality of the insurance portfolio and is used for comparisons to industry benchmarks and internal targets.

  • Class B Liquidity Facility has the meaning set forth in the Intercreditor Agreement.

  • Standard Investment Period means the period beginning with the first day of any purchase or acquisition of Economic Development Property and ending five (5) years after the Commencement Date.

  • Availability Amount is (a) the lesser of (i) the Revolving Line or (ii) the amount available under the Borrowing Base minus (b) the outstanding principal balance of any Advances.