Examples of Liquidity Drawing in a sentence
A failure to discharge this burden may be fatal to the case of the party.
Any such Liquidity Drawing will be repayable by the Issuer senior to payments on the Notes and, as a result, any such Liquidity Drawing would have the effect of increasing the leverage inherent in the holding of any Class of Notes payment on which would rank senior to the relevant payment funded by such Liquidity Drawing.
Disclosure of any Conflict of Interest-Members of the Commission and Staff Disclosure of an Outside (Ex Parte Communication)-Members of the Commission and Staff a.The Exparté Communication Binder is available at the Sign-In and Agenda Station.
Such conversion shall be accompanied by the Authority (i) delivering a Notice of a Term Loan Conversion, in the form attached hereto as Exhibit E, to the Bank stating the amount of the Liquidity Drawing converted, (ii) executing a Term Note with respect to each such Term Loan, and (iii) delivering an opinion of Bond Counsel to the Authority regarding the enforceability of the Term Note and otherwise being in form and substance satisfactory to the Bank.
Except as otherwise provided in Section 7.2 hereof, interest with respect to any Liquidity Drawing shall be payable monthly in arrears beginning on the first day of the month immediately succeeding the making of such Liquidity Drawing, and on the date of repayment of said Liquidity Drawing.