Liquidity Commitment. As to each Liquidity Bank, its commitment under the Liquidity Agreement. The Liquidity Commitments, in the aggregate, shall equal 102% of the greater of (a) the Purchase Limit hereunder, and (b) the Aggregate Invested Amount.
Appears in 2 contracts
Sources: Receivables Purchase Agreement (Arch Chemicals Inc), Receivables Purchase Agreement (Arch Chemicals Inc)
Liquidity Commitment. As to each Liquidity Bank, its commitment under the Liquidity Agreement. The Liquidity Commitments, in the aggregate, shall equal 102% of the greater of (ai) the Purchase Limit hereunder, and (bii) the Aggregate Invested Amount.
Appears in 1 contract
Sources: Receivables Purchase Agreement (Arch Chemicals Inc)