Class A Liquidity Facility definition

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

Class A Liquidity Facility means, initially, the Revolving Credit Agreement dated as of the date hereof, between the Subordination Agent, as agent and trustee for the Class A Trust, and the initial Class A Liquidity Provider, and from and after the replacement of such Revolving Credit Agreement pursuant hereto, the Replacement Liquidity Facility therefor, if any, in each case as amended, supplemented or otherwise modified from time to time in accordance with its terms.

Class A Liquidity Facility means, initially, the Revolving Credit Agreement (2015-1A), dated as of the date hereof, between the Subordination Agent, as agent and trustee for the Class A Trustee, and Credit Agricole and, from and after the replacement of such agreement pursuant hereto, the Replacement Liquidity Facility therefor, if any, in each case as amended, supplemented or otherwise modified from time to time in accordance with its terms; provided that for purposes of any obligation of American, no amendment, modification or supplement to, or substitution or replacement of, any Class A Liquidity Facility shall be effective unless consented to by American.

Examples of Class A Liquidity Facility in a sentence

• The Trust Property is expected to include certain Equipment Notes and includes all rights of the Trust and the Trustee, on behalf of the Trust, to receive any payments under the Intercreditor Agreement and the Class A Liquidity Facility.

• Without limitation of Section 9.02 of the Basic Agreement, the provisions of Section 9.02 of the Basic Agreement shall apply to agreements or amendments for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of the Class A Liquidity Facility or modifying in any manner the rights and obligations of the Class A Certificateholders under the Class A Liquidity Facility.

• In the event the Subordination Agent shall draw all available amounts under the Class A Liquidity Facility, the Class B Liquidity Facility or the Class C Liquidity Facility pursuant to Section 3.6(c) or a Final Drawing shall be made as provided in the Liquidity Facility, amounts so drawn shall be deposited by the Subordination Agent in the Class A Cash Collateral Account, the Class B Cash Collateral Account or the Class C Cash Collateral Account, respectively.

• Without limitation of Section 9.02 of the Basic Agreement, the provisions of Section 9.02 of the Basic Agreement shall apply to agreements or amendments for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of the Class A Liquidity Facility or the NPA or modifying in any manner the rights and obligations of the Class A Certificateholders under the Class A Liquidity Facility or the NPA.

• In the event the Subordination Agent shall draw all available amounts under the Class A Liquidity Facility or the Class B Liquidity Facility pursuant to Section 3.6(c) or a Final Drawing shall be made as provided in the Liquidity Facility, amounts so drawn shall be deposited by the Subordination Agent in the Class A Cash Account or the Class B Cash Account, respectively.

More Definitions of Class A Liquidity Facility

Class A Liquidity Facility means, initially, the Revolving Credit Agreement (2016-2A), dated as of the Class AA/A Closing Date, between the Subordination Agent, as agent and trustee for the Class A Trustee, and KfW and, from and after the replacement of such agreement pursuant hereto, the Replacement Liquidity Facility therefor, if any, in each case as amended, supplemented or otherwise modified from time to time in accordance with its terms; provided that for purposes of any obligation of American, no amendment, modification or supplement to, or substitution or replacement of, any Class A Liquidity Facility shall be effective unless consented to by American.

Class A Liquidity Facility means, initially, the Revolving Credit Agreement dated as of the date hereof, between the Subordination Agent, as agent and trustee for the Class A Trustee, and the initial Class A Liquidity Provider, and, from and after the replacement of such Agreement pursuant hereto, the Replacement Liquidity Facility therefor, if any, in each case as amended, supplemented or otherwise modified from time to time in accordance with its terms.

Class A Liquidity Facility means, initially, the Revolving Credit Agreement (2013-1A), dated as of March 12, 2013, between the Subordination Agent, as agent and trustee for the Class A Trustee, and Natixis, acting via its New York Branch, and, from and after the replacement of such agreement pursuant hereto, the Replacement Liquidity Facility therefor, if any, in each case as amended, supplemented or otherwise modified from time to time in accordance with its terms; provided, that, for purposes of any obligation of American, no amendment, modification or supplement to, or substitution or replacement of, any Class A Liquidity Facility shall be effective unless consented to by American.

Class A Liquidity Facility therefor, if any, in each case as amended, supplemented or otherwise modified from time to time in accordance with its terms.

Class A Liquidity Facility and the “Class B Liquidity Facility” and, together with the Class AA Liquidity Facility, the “Liquidity Facilities”) to be dated as of the Closing Date, for the benefit of the holders of the Class A Certificates and the Class B Certificates, as applicable. The Liquidity Providers and the holders of the Certificates will be entitled to the benefits of an Intercreditor Agreement, to be dated as of the Closing Date (the “Intercreditor Agreement”), among the Trustee, the Liquidity Providers and WTC, as subordination agent and trustee thereunder (the “Subordination Agent”).

Class A Liquidity Facility means, initially, the Revolving Credit Agreement dated as of the date hereof, between the Subordination Agent, as agent and trustee for the Class A Trustee, and the initial Class A Liquidity Provider, and, from and after the replacement of such agreement pursuant hereto, the Replacement Liquidity Facility therefor, if any, in each case as amended, supplemented or otherwise modified from time to time in accordance with its terms. "Class A Liquidity Provider" means WestLB, together with any Replacement Liquidity Provider which has issued a Replacement Liquidity Facility to replace any Class A Liquidity Facility pursuant to Section 3.6(e).

Class A Liquidity Facility with respect to such Class B Notes payable under the equivalent of Section 3.07 of the Class A Liquidity Facility with respect to the Class B Liquidity Facility over (B) the sum of Investment Earnings from any equivalent of a Final Advance (as defined in the Class A Liquidity Facility) with respect to the Class B Liquidity Facility plus any amount of interest at the Payment Due Rate actually payable (whether or not in fact paid) by the Company on the overdue scheduled interest on the Class B Notes; and (v) any other amounts owed to the Class B Liquidity Provider by the Trustee as borrower under the Class B Liquidity Facility other than amounts due as repayment of advances thereunder or as interest on such advances, except to the extent payable pursuant to clause (b)(ii), (iii) or (iv) above, but, in the case of each of clauses (b)(i) through (iv) above and this clause (v), without duplication of any such amounts actually paid by the Company or the Trustee to the Class B Liquidity Provider hereunder. The Trustee shall immediately deposit in the Collection Account all payments from the Company received pursuant to this Section 3.10.