Liquidity Margin definition
Examples of Liquidity Margin in a sentence
In the event any such Rate Quote is so accepted by the Borrower, such Rate Quote plus the Adjusted Applicable Margin applicable to any Type and Tranche of the Loan shall be the “Fixed Rate” for such Type and Tranche of the Loan (subject to adjustment for the Liquidity Margin in the case of Type A Loans), effective on the Hedge Effective Date.
In addition, insofar as the Liquidity Margin will be different for each Tranche of Type A Loans, the Fixed Rate for the different Tranches of Type A Loan will vary.
The relevant Debt Rate shall include the Liquidity Margin for such Loan.
For the purpose of this Agreement, [**] hereunder shall be equal to the cumulative amount of the present values of the interest amount for each (whole or partial) Interest Period relating to such Tranche as to which a Liquidity Margin applies and which succeeds the date of such Liquidity Event, calculated at a per annum rate equal to the [**] — Confidential treatment has been requested for the bracketed portions.
Insofar as the actual Funding Date for the Loan to be made in respect of such Designated Aircraft is unknown, the related Liquidity Margin will have built-in flexibility to allow the Funding Date to occur within a period commencing on or about the anticipated delivery date of such Designated Aircraft and ending on the Commitment Termination Date for such Designated Aircraft (or such earlier date designated by the Borrower), and the related Liquidity Margin will be priced accordingly.