Excess Reimbursement Obligations means, (a) in the event of any Policy Provider Election, the portion of the Policy Provider Obligations that represents interest on the Series G Equipment Note in respect of which the Policy Provider Election has been made in excess of 18 months of interest at the interest rate applicable to such Series G Equipment Note and (b) any interest on the Liquidity Obligations in respect of the Liquidity Facilities paid by the Policy Provider to the Liquidity Providers from and after the end of the 18-month period referred to in Section 3.7(c) hereof.
Excess Reimbursement Obligations means, (a) in the event of any Policy Provider Election, the portion of the Policy Provider Obligations that represents, when added to that portion of any Liquidity Obligations that represents, interest on the Series G Equipment Note in respect of which the Policy Provider Election has been made in excess of 24 months of interest at the interest rate applicable to such Equipment Note and (b) any interest on the Liquidity Obligations in respect of the Class G Liquidity Facility and Class C Liquidity Facility paid by the Policy Provider to the Liquidity Provider from and after the end of the 24-month period referred to in Section 3.7(c) hereof.
Excess Reimbursement Obligations means (a) in the event of any Policy Provider Election, the portion of the Policy Provider Obligations that represents, when added to that portion of any Liquidity Obligations that represents, interest on the Series G Equipment Note in respect of which the Policy Provider Election has been made in excess of 18 months of interest at the contract rate of interest applicable to such Equipment Note, (b) any interest on outstanding Drawings under the Class G Liquidity Facility and Class C Liquidity Facility paid by the Policy Provider to the Liquidity Provider from and after the end of the 18-month period referred to in Section 3.7(c) hereof and (c) if the Policy Provider has, pursuant to the proviso to Section 2.6(c), paid to each Liquidity Provider all outstanding Drawings and interest thereon owing to such Liquidity Provider under the applicable Liquidity Facility, interest accrued at the rate of the Base Rate plus 1% per annum on the unreimbursed amount of such payment from and including the date of such payment to but excluding the date such payment shall be reimbursed in full.
Examples of Excess Reimbursement Obligations in a sentence
APS shall file changes to its existing OATT consistent with this section within ten (10) days of Commission approval of this Agreement pursuant to Section 6.1. 7.7. Within thirty (30) days of Commission approval of this Agreement pursuant to Section 6.1, APS shall serve on the Parties an Interim Code of Conduct to address inter-affiliate relationships involving APS as a utility distribution company.
Certain Excess Reimbursement Obligations: Means any amounts referred to in clause (c) of the definition of “Excess Reimbursement Obligations” in the Intercreditor Agreement.
More Definitions of Excess Reimbursement Obligations
Excess Reimbursement Obligations means (a) in the event of any Policy Provider Election, the portion of the Policy Provider Obligations that represents, when added to that portion of any Liquidity Obligations that represents, interest on the Series G Equipment Note in respect of which the Policy Provider Election has been made in excess of 18 months of interest at the contract rate of interest applicable to such Equipment Note, (b) any interest on the Liquidity Obligations in respect of the Class G Liquidity Facility and Class C Liquidity Facility (if any) paid by the Policy Provider to the Liquidity Provider from and after the end of the 18-month period referred to in Section 3.7(c) hereof and (c) if the Policy Provider has, pursuant to either clause (A) or (B) of the proviso to Section 2.6(c), paid to each Liquidity Provider all outstanding Drawings and interest thereon owing to such Liquidity Provider under the applicable Liquidity Facility, interest accrued at the rate of the Base Rate plus 1% per annum on the unreimbursed amount of such payment from and including the date of such payment to but excluding the date such payment shall be reimbursed in full.
Excess Reimbursement Obligations means, (a) in the event of any Policy Provider Election with respect to a Series G Equipment Note, the portion of the Policy Provider Obligations that represents interest on such Equipment Note in excess of 21 months of interest at the interest rate applicable to such Equipment Note and (b) any interest on the Liquidity Obligations in respect of the Primary Liquidity Facility paid by the Policy Provider to the Primary Liquidity Provider from and after the end of the 21-month period referred to in Section 3.07(c).
Excess Reimbursement Obligations has the meaning specified in the Intercreditor Agreement.
Excess Reimbursement Obligations means with respect to a Policy (a) in the event of any Policy Provider Election in relation to such Policy, the portion of all Policy Provider Obligations owed to the Policy Provider that issued such Policy that represents, when added to that portion of all Liquidity Obligations owed to the applicable Primary Liquidity Provider that represents, interest on the applicable Senior Equipment Note, in excess of 24 months of interest at the interest rate(s) applicable to such Senior Equipment Note, (b) any interest on such Liquidity Obligations paid by such Policy Provider to such Primary Liquidity Provider in respect of the period from and after the end of the 24-month period referred to in Section 3.6(c) hereof and (c) interest on Policy Drawings under such Policy as set forth in the applicable Policy Provider Agreement (other than any such interest that constitutes a Policy Provider Obligation in relation to such Policy).
Excess Reimbursement Obligations means, with respect to a District, for any period, with respect to Reimbursement Obligations of such District required, pursuant to the Credit Support Agreement under which such Reimbursement Obligations arose, to be reimbursed or repaid during such period, that portion of such Reimbursement Obligations that is in excess of the Primary Reimbursement Obligations with respect thereto for such period, including interest on such Reimbursement Obligations.
Excess Reimbursement Obligations means (a) in the event of any Policy Provider Election, the portion of the Policy Provider Obligations that represents, when added to that portion of any Liquidity Obligations that represents, interest on the Series G Equipment Note, in excess of 24 months of interest at the interest rate applicable to such Equipment Note, (b) any interest on the Liquidity Obligations in respect of the Primary Liquidity Facility paid by the Policy Provider to the Primary Liquidity Provider from and after the end of the 24-month period referred to in Section 3.6(c) hereof and (c) interest on Policy Drawings as set forth in the Policy Provider Agreement (other than any such interest that constitutes a Policy Provider Obligation).
Excess Reimbursement Obligations means (a) in the event of any Policy Provider Election under either Policy, the portion of the Policy Provider Obligations that represents, when added to that portion of any Liquidity Obligations that represents, interest on the Series G-1 Equipment Note or Series G-2 Equipment Note, as the case may be, in respect of which the Policy Provider Election has been made in excess of 24 months of interest at the interest rate applicable to such Equipment Note and (b) any interest on the Liquidity Obligations in respect of the Class G-1 Primary Liquidity Facility and Class G-2 Primary Liquidity Facility, as the case may be, paid by the Policy Provider to the applicable Primary Liquidity Provider from and after the end of the 24-month period referred to in Section 3.7(c) hereof.