Class G Liquidity Facility definition

Class G 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 G Trustee, and the initial Class G 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.
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Class G Liquidity Facility has the meaning specified in the Intercreditor Agreement.
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Class G Liquidity Facility. Class G Trustee", "Policy", "Policy Account" and "Series G Equipment Note" shall mean "Accrued Class G-1 Interest", "Class G-1 Cash Collateral Account", "Class G-1 Certificates", "Class G-1 Certificateholders", "Class G-1 Liquidity Facility", "Class G-1 Trustee", "Class G-1 Policy", "Class G-1 Policy Account" and "Series G-1 Equipment Note", respectively. For the purposes of clause (ii) above, each reference in paragraphs (a) through (i) of this Section 3.07 to "Accrued Class G Interest", "Class G Cash Collateral Account", "Class G Certificates", "Class G Certificateholders", "Class G Liquidity Facility", "Class G Trustee", "Policy", "Policy Account" and "Series G Equipment Note" shall mean "Accrued Class G-2 Interest", "Class G-2 Cash Collateral Account", "Class G-2 Certificates", "Class G-2 Certificateholders", "Class G-2 Liquidity Facility", "Class G-2 Trustee", "Class G-2 Policy", "Class G-2 Policy Account" and "Series G-2 Equipment Note", respectively.
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Examples of Class G Liquidity Facility in a sentence

  • The Subordination Agent shall promptly, but not less than 25 days prior to the such Business Day, send to the Class G Trustee and the Class C Trustee, the Liquidity Provider for the Class G Liquidity Facility and the Policy Provider a Written Notice establishing such Business Day as the date for the distribution of the proceeds of such Policy Drawing, which date shall constitute a Special Distribution Date.

  • In the event the Subordination Agent shall draw all available amounts under the Class G Liquidity Facility or the Class C Liquidity Facility pursuant to Section 3.6(c), 3.6(d) or 3.6(i), amounts so drawn shall be deposited by the Subordination Agent in the Class G Cash Collateral Account or the Class C Cash Collateral Account, respectively.

  • The Subordination Agent shall promptly, but not less than 20 days prior to the Special Distribution Date established pursuant to this Section 3.07(b), send to Delta, the Trustees, the Liquidity Provider for the Class G Liquidity Facility and the Policy Provider, a Written Notice of such Special Distribution Date.

  • The Class G Trustee hereby designates and appoints the Subordination Agent as the agent and trustee of such Trustee under the Class G Liquidity Facility and Policy Provider Agreement and authorizes the Subordination Agent to enter into the Class G Liquidity Facility and Policy Provider Agreement as agent and trustee for such Trustee.

  • The Subordination Agent shall promptly, but not less than 25 days prior to the such Business Day, send to Delta, the Trustees, the Liquidity Provider for the Class G Liquidity Facility and the Policy Provider a Written Notice establishing such Business Day as the date for the distribution of the proceeds of such Policy Drawing, which date shall constitute a Special Distribution Date.

  • In the event the Subordination Agent shall draw all available amounts under the Class G Liquidity Facility or the Class C Liquidity Facility pursuant to Section 3.6(c), 3.6(d) 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 G Cash Collateral Account or the Class C Cash Collateral Account, respectively.

  • However the citizen does not cede all the powers and reserves certain rights through the bill of rights.

  • The Subordination Agent agrees not to consent to the assignment by any Liquidity Provider of any of its rights or obligations under any Class G Liquidity Facility or any interest therein, unless the Policy Provider shall have consented to such assignment (which consent shall not be unreasonably withheld or delayed), and, upon the receipt of such consent from the Policy Provider, the Subordination Agent shall give such consent.

  • The Subordination Agent shall promptly, but not less than 25 days prior to the such Business Day, send to the Class G Trustee, the Class B Trustee and the Class C Trustee, the Liquidity Provider for the Class G Liquidity Facility and the Policy Provider a Written Notice establishing such Business Day as the date for the distribution of the proceeds of such Policy Drawing, which date shall constitute a Special Distribution Date.

  • In the event the Subordination Agent shall draw all available amounts under the Class G Liquidity Facility, the Class B Liquidity Facility or the Class C Liquidity Facility pursuant to Section 3.6(c), 3.6(d) or 3.6(i), amounts so drawn shall be deposited by the Subordination Agent in the Class G Cash Collateral Account, the Class B Cash Collateral Account or the Class C Cash Collateral Account, respectively.


More Definitions of Class G Liquidity Facility

Class G Liquidity Facility. Class G Trustee", "Policy", "Policy Account" and "Series G Equipment Note" shall mean "Accrued Class G-2 Interest", "Class G-2 Cash Collateral Account", "Class G-2 Certificates", "Class G-2 Certificateholders", "Class G-2 Liquidity Facility", "Class G-2 Trustee", "Class G-2 Policy", "Class G-2 Policy Account" and "Series G-2 Equipment Note", respectively.
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Class G Liquidity Facility therefor, if any, in each case as amended, supplemented or otherwise modified from time to time in accordance with its terms.
Sample 1
Class G Liquidity Facility means, initially, the Revolving Credit Agreement, dated as of the date hereof, between the Subordination Agent, as agent and trustee of the Class G Trustee, and the initial Class G Liquidity Provider, and, from and after the replacement of such agreement pursuant hereto, the Replacement Liquidity Facility
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Related to Class G Liquidity Facility

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

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

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

  • Liquidity Facility “Liquidity Obligations”, “Loan Trustee”, “Non-Extended Facility”, “Note Purchase Agreement”, “Operative Agreements”, “Participation Agreement”, “Performing Equipment Note”, “Person”, “Pool Balance”, “Rating Agencies”, “Regular Distribution Date”, “Replacement Liquidity Facility”, “Responsible Officer”, “Scheduled Payment”, “Special Payment”, “Stated Interest Rate”, “Subordination Agent”, “Taxes”, “Threshold Rating”, “Transfer”, “Trust Agreement”, “Trustee”, “Underwriters”, and “Underwriting Agreement”.

  • Liquidity Facilities means, collectively, the Class A Liquidity Facility and the Class B Liquidity Facility.

  • Liquidity Facility Provider means a Person that is a party to a Liquidity Facility with the Authority with respect to specified Bonds and whose credit rating by each nationally recognized Rating Agency then rating the Class I Bonds is sufficiently high to maintain the then current rating on such Bonds by such Rating Agency or the equivalent of such rating by virtue of guarantees or insurance arrangements.

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

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

  • Class A Cash Collateral Account means, in respect of the Class A Liquidity Facility, an Eligible Deposit Account in the name of the Subordination Agent maintained at an Eligible Institution, which shall be the Subordination Agent if it so qualifies, into which amounts shall be deposited as referred to in Section 3.05(f).

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

  • Class C Reserve Account Percentage means, (i) zero, if the Quarterly Excess Available Funds Percentage on such Transfer Date is greater than or equal to 4.50%, (ii) 1.25%, if the Quarterly Excess Available Funds Percentage on such Transfer Date is less than 4.50% and greater than or equal to 4.00%, (iii) 2.00%, if the Quarterly Excess Available Funds Percentage on such Transfer Date is less than 4.00% and greater than or equal to 3.50%, (iv) 2.75%, if the Quarterly Excess Available Funds Percentage is less than 3.50% and greater than or equal to 3.00%, (v) 3.50%, if the Quarterly Excess Available Funds Percentage on such Transfer Date is less than 3.00% and greater than or equal to 2.50%, (vi) 4.50%, if the Quarterly Excess Available Funds Percentage is less than 2.50% and greater than or equal to 2.00%, and (vii) 6.00%, if the Quarterly Excess Available Funds Percentage on such Transfer Date is less than 2.00%.

  • Liquidity Reserve Account shall have the meaning set forth in Section 8.2(A)(iii).

  • Reserve Account Draw Amount means, for any Payment Date, an amount equal to the lesser of (a) the Available Funds Shortfall Amount, if any, for such Payment Date and (b) the amount of cash or other immediately available funds on deposit in the Reserve Account (excluding any net investment earnings) on such Payment Date; provided, however, that if such Payment Date is the Redemption Date, the “Reserve Account Draw Amount” shall mean an amount equal to the amount of cash or other immediately available funds on deposit in the Reserve Account on the Redemption Date.

  • Net WAC Rate Carryover Reserve Account The Net WAC Rate Carryover Reserve Account established and maintained pursuant to Section 4.10.

  • Required Subordinated Amount of Class B Notes means, for the Class A(2022-1) Notes for any date of determination, an amount equal to the product of

  • Facility LC Collateral Account is defined in Section 2.19.11.

  • Required Subordinated Amount of Class D Notes means, for the Class A(2022-1) Notes for any date of determination, an amount equal to the product of

  • Class B Noteholders’ Interest Distributable Amount means, with respect to any Payment Date, the sum of the Class B Noteholders’ Monthly Interest Distributable Amount for such Payment Date and the Class B Noteholders’ Interest Carryover Shortfall for such Payment Date.

  • Collateral Enhancement Obligation means any warrant or equity security, excluding Exchanged Equity Securities, but including without limitation, warrants relating to Mezzanine Obligations and any equity security received upon conversion or exchange of, or exercise of an option under, or otherwise in respect of a Collateral Debt Obligation; or any warrant or equity security purchased as part of a unit with a Collateral Debt Obligation (but in all cases, excluding, for the avoidance of doubt, the Collateral Debt Obligation), in each case, the acquisition of which will not result in the imposition of any present or future, actual or contingent liabilities or obligations on the Issuer other than those which may arise at its option; provided that no Collateral Enhancement Obligation may be a Dutch Ineligible Security.

  • Class A Required Amount shall have the meaning specified in subsection 4.04(a).

  • Required Subordinated Amount of Class C Notes means, for the Class A(2022-1) Notes for any date of determination, an amount equal to the product of

  • Counterparty Downgrade Collateral Account means an interest-bearing account of the Issuer with the Custodian into which all Counterparty Downgrade Collateral is to be deposited.

  • Class A Certificate Rate means, for any Interest Accrual Period with respect to the Class A Certificates, a per annum rate equal to LIBOR plus 0.11%.

  • Interest Drawing has the meaning assigned to such term in Section 3.6(a).

  • Class B Noteholders’ Monthly Interest Distributable Amount means, with respect to any Payment Date, interest accrued for the related Interest Accrual Period on the Class B Notes at the interest rate for such Class on the Outstanding Amount of the Notes of such Class on the immediately preceding Payment Date (or, in the case of the initial Payment Date, on the Closing Date), after giving effect to all payments of principal to the Noteholders of such Class on or prior to such preceding Payment Date. For all purposes of this Agreement and the Basic Documents, interest with respect to all Class B Notes shall be computed on the basis of a 360-day year consisting of twelve 30-day months. The interest due on these Classes of notes on each Payment Date will be the product of: · the Outstanding Principal Balance of the Class B Notes; · the Class B Interest Rate; and · 30 (or, in the case of the initial Payment Date, 26) divided by 360.

  • Liquidity Amount means, as of any date of determination, the sum of (a) the Aggregate Borrowing Availability as of such date and (b) the Unrestricted Cash Amount as of such date.