Liquidity Documents definition
Examples of Liquidity Documents in a sentence
It has the power to enter into and perform, and has taken all necessary action to authorise the entry into, performance and delivery of, the Funding 1 Liquidity Documents to which it is or will be a party and the transactions contemplated by those Funding 1 Liquidity Documents.
A Treaty Lender and Funding 1 shall co-operate in completing any procedural formalities necessary for Funding 1 to obtain authorisation to make payments under the Funding 1 Liquidity Documents free and clear of and without deduction or withholding for or on account of any Taxes levied or imposed by the United Kingdom or any taxing authority of or in the United Kingdom.
All authorisations required or desirable in connection with the entry into, performance, validity and enforceability of, and the transactions contemplated by, the Funding 1 Liquidity Documents have been obtained or effected (as appropriate) and are in full force and effect.
Subject to CLAUSE 25 of the Funding 1 Deed of Charge (Supplemental Provisions Regarding the Security Trustee), any term of the Funding 1 Liquidity Documents may be amended or waived with the written agreement of Funding 1, the Security Trustee and the Funding 1 Liquidity Facility Provider.
Subject to CLAUSE 18 (Enforcement and Subordination) and CLAUSE 10.3 (Qualifying Lender), all payments by Funding 1 under the Funding 1 Liquidity Documents shall be made free and clear of and without deduction or withholding for or on account of any Taxes, except to the extent that Funding 1 is required by law to make payment subject to any such deduction or withholding for or on account of any Taxes.
It is or becomes unlawful for Funding 1 to perform any of its obligations under the Funding 1 Liquidity Documents.
Subject to Clause 18 (Enforcement and Subordination) and Clause 10.3 (Qualifying Lender), all payments by Funding 1 under the Funding 1 Liquidity Documents shall be made free and clear of and without deduction or withholding for or on account of any Taxes, except to the extent that Funding 1 is required by law to make payment subject to any such deduction or withholding for or on account of any Taxes.
Subject to Clause 25 of the Funding 1 Deed of Charge (Supplemental Provisions Regarding the Security Trustee), any term of the Funding 1 Liquidity Documents may be amended or waived with the written agreement of Funding 1, the Security Trustee and the Funding 1 Liquidity Facility Provider.
Subject to CLAUSE 18 (Enforcement and Subordination) and CLAUSE 10.3 (Qualifying Bank), all payments by the Sixth Issuer under the Sixth Issuer Liquidity Documents shall be made without any deduction and free and clear of and without deduction for or on account of any Taxes, except to the extent that the Sixth Issuer is required by law to make payment subject to any Taxes.
Any term of the Sixth Issuer Liquidity Documents may be amended or waived with the agreement of the Sixth Issuer, the Sixth Issuer Security Trustee and the Sixth Issuer Liquidity Facility Provider.