Common use of Credit Enhancement/Liquidity Facilities Clause in Contracts

Credit Enhancement/Liquidity Facilities. (A) In connection with any Series of Bonds issued or to be issued hereunder, or any Qualified Hedge Agreement, the Trust may obtain or cause to be obtained Credit Enhancement or a Liquidity Facility providing for the payment of all or a portion of the principal, premium, or interest due or to become due on such Bonds or the Qualified Hedge Payments payable by the Trust on such Qualified Hedge Agreement or providing for the purchase of such Bonds or a portion thereof by the issuer of any such Credit Enhancement or Liquidity Facility. In connection therewith the Trust may enter into such agreements with the issuer of such Credit Enhancement or Liquidity Facility providing for, inter alia:

Appears in 3 contracts

Samples: Master Trust Agreement, Master Trust Agreement, Master Trust Agreement

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Credit Enhancement/Liquidity Facilities. (Aa) In connection with any Series of Bonds issued or to be issued hereunder, or any Qualified Hedge Agreement, the Trust Authority may obtain or cause to be obtained Credit Enhancement or a Liquidity Facility providing for the payment of all or a portion of the principal, premium, or interest due or to become due on such Bonds or the Qualified Hedge Payments payable by the Trust Authority on such Qualified Hedge Agreement or providing for the purchase of such Bonds or a portion thereof by the issuer of any such Credit Enhancement or Liquidity Facility. In connection therewith the Trust Authority may enter into such agreements with the issuer of such Credit Enhancement or Liquidity Facility providing for, inter alia:

Appears in 1 contract

Samples: Trust Agreement

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