Liquidity Costs definition
Liquidity Costs the rate expressed as a percentage per annum representing the cost to a Lender (other than a COF Lender) above LIBOR of funding its portion of the Loan from the Advance Date until the Final Maturity Date, such rate to be determined no later than two (2) Business Days prior to the Advance Date.
Liquidity Costs means, in relation to each Lender at any time, the cost to that Lender of funding (and maintaining the funding of) its participation in the Advance at such time.
Liquidity Costs means, with respect to Helaba and KfW IPEX Bank only and each in its capacity as a Lender only, the rate expressed as a percentage per annum representing the actual cost to such Lender above LIBOR of funding its portion of the Loan from the Scheduled Advance Date until the Final Maturity Date, such rate to be determined, after taking into account all reasonably available mitigants, no later than two (2) Business Days prior to the Scheduled Advance Date and concurrently notified to the Borrower.
Examples of Liquidity Costs in a sentence
Replacement Values, Amounts Due and Liquidity Costs and Gains shall be determined by the Non-Defaulting Party or the Non-Affected Party (or if there are two Affected Parties, by each Party).