Liquidity Notice means a written notice delivered by the Administrative Agent at any time during a Liquidity Period to any bank or other depository at which any Deposit Account (other than any Excluded Account) is maintained directing such bank or other depository (a) to remit all funds in such Deposit Account to the Dominion Account, or in the case of the Dominion Account, to the Administrative Agent on a daily basis, and (b) to cease following directions or instructions given to such bank or other depository by any Credit Party regarding the disbursement of funds from such Deposit Account (other than any Excluded Account), and (c) to follow all directions and instructions given to such bank or other depository by the Administrative Agent in each case, pursuant to the terms of any Deposit Account Control Agreement in place.
Liquidity Notice means a written notice delivered by the Administrative Agent at any time during a Liquidity Period to any bank or other depository at which any Deposit Account (other than any Excluded Deposit Account) is maintained directing such bank or other depository (a) to remit all funds in such Deposit Account to a Dominion Account, or in the case of a Dominion Account, to the Administrative Agent on a daily basis, and (b) to cease following directions or instructions given to such bank or other depository by any Loan Party regarding the disbursement of funds from such Deposit Account (other than any Excluded Deposit Account), and (c) to follow all directions and instructions given to such bank or other depository by the Administrative Agent in each case, pursuant to the terms of any Deposit Account Control Agreement in place.
Liquidity Notice has the meaning set forth in Section 9.7(b).
Examples of Liquidity Notice in a sentence
In the event that a Liquidity Notice has been given to the Corporation, the Board shall select a recognized industry advisor to assist with the Process who is acceptable to the Initiating Shareholder, acting reasonably, and, if applicable, the Participating Shareholder(s), acting reasonably.
The Corporation shall promptly give a copy of such Liquidity Notice to each of the Shareholders other than the Initiating Shareholder.
More Definitions of Liquidity Notice
Liquidity Notice has the meaning set forth in Section 3.1(a).
Liquidity Notice shall have the meaning specified in Section 7.12(b).
Liquidity Notice means the notice to be given by the Issuer to the Company and the Trustee no later than 30 Facility Business Days before each Interest Payment Date certifying, as at the date of such notice, that it has sufficient liquidity to meet its payment obligations under the Bonds and the Trust Deed as they may fall due (together with evidence of available funding outside the PRC) and that no Event of Default or potential Event of Default has occurred.
Liquidity Notice has the meaning specified therefor in Section 2.07(c).
Liquidity Notice is defined in Section 2.4(c)(iii).
Liquidity Notice shall have the meaning provided in Section 7.3 hereof.
Liquidity Notice. ’ means the notice given by the Issuer to each of the Company and the Trustee in accordance with the Keepwell and Liquidity Support Deed;