Liquidity Requirement definition

Liquidity Requirement shall have the meaning as set forth in Section 2.11(b).
Liquidity Requirement has the meaning set forth in Section 6.22(b).
Liquidity Requirement means the requirement that an entity have funds available to fund servicer advances, as of the close of business on the last Business Day of each calendar month, beginning August 2013, in an amount at least equal to the lesser of (1) $100,000,000 and (2) the greater of (a) the sum of (i) 0.001% of the aggregate unpaid principal balance of all mortgage loans sub-serviced by such entity (i.e., without an obligation to fund servicer advances) plus (ii) 0.01% of the aggregate unpaid principal balance of all mortgage loans serviced by such entity (i.e., with the obligation to fund servicer advances) or as to which such entity holds rights to the servicing plus the obligation to fund servicer advances, plus (iii) 3.25% of the aggregate amount of all servicer advances made by such entity that remain unreimbursed, and (b) $25,000,000; provided, that at least the greater of (1) $15,000,000 and (2) 50% of such funds available, must consist of unrestricted cash on deposit in accounts held in the sole name of, and solely controlled by, such entity, free and clear of all Adverse Claims (including liens), and the remainder as undrawn and available borrowing capacity under committed servicer advance facilities and committed unsecured revolving loans made to such entity as borrower, as determined on such date of measurement, which undrawn and available borrowing capacity need not be presently collateralized.

Examples of Liquidity Requirement in a sentence

  • DM and EM Minimum Liquidity Requirement: This investability screen is applied at the individual security level.

  • To be eligible for inclusion in a market investable equity universe, a security must have a free float-adjusted market capitalization equal to or higher than 50% of the equity universe minimum size requirement.Minimum Liquidity Requirement: This investability screen is applied at the individual security level.

  • Minimum Liquidity Requirement: This investability screen is applied at the individual security level.

  • To be eligible for inclusion in a Market Investable Equity Universe, a security must have at least one eligible listing (as defined in section 2.2.1) that meets the Minimum Liquidity Requirement defined below, measured by:• Twelve month and 3-month Annual Traded Value Ratio (ATVR);• Three month Frequency of Trading.The ATVR mitigates the impact of extreme daily trading volumes and takes into account the free float-adjusted market capitalization of securities.

  • The Trustee must calculate the Liquidity Requirement for each Month after the Month in which the Initial Unit Call is made until (and including) the last Month of the Construction Period.


More Definitions of Liquidity Requirement

Liquidity Requirement shall have the meaning assigned to such term in Section 7.16.
Liquidity Requirement. With respect to any acquisition or payment, (i) no Suspension Event or Event of Default then exists or would arise from the consummation of the specified transaction and the making of any payments with respect thereto, (ii) the Borrower has furnished the Lender with a pro forma balance sheet, income statement and cash flow statement (including, without limitation, a projection of Availability) for the subsequent 12 month period, after giving effect to the consummation of the specified transaction and the making of any payments with respect thereto; and (iii) the Lender is reasonably satisfied that Availability, after giving effect to such specified transaction and the making of any payments with respect thereto, will be at least equal to 20% of the Borrowing Base for the 12 months following such specified transaction and the making of such payments; and (iv) the Lender is reasonably satisfied that, after giving effect to such specified transaction and the making of any payments with respect thereto, the Borrower will be solvent.
Liquidity Requirement means any liquidity, reserve ratio, special deposit or similar requirement (or other requirement having the same or similar purposes) of any Regulatory Authority whether or not having the force of law with which any Lender has complied.
Liquidity Requirement means the liquidity requirement referred to in Table B of this Part;
Liquidity Requirement means confirmation by Bank that Borrower’s Liquidity plus the unused and available portion of the Availability Amount is greater than Fifteen Million Dollars ($15,000,000.00).
Liquidity Requirement means an amount in cash, as determined [ *** ] prior to the Target Closing Date, equal to (A) minus (B), where (A) equals [ *** ] as calculated pursuant to Appendix 2.6 (which, for the avoidance of doubt, does not include [ *** ] and (B) equals (i) [ *** ] plus (ii) the [ *** ], or if such [ *** ] at such time, then the [ *** ], in connection with [ *** ] (currently expected to be in the range of [ *** ], plus (iii) [ *** ], plus (iv) with respect to the [ *** ] necessary to (a) [ *** ] and (b) [ *** ], where determinations for both (a) and (b) shall be made by [ *** ].
Liquidity Requirement means the requirement that the Sellers, on any date, have Liquidity that is in the aggregate not less than the greater of (i) [***], and (ii) an amount equal to [***] of the average daily amount of the total Marginable Assets of the Sellers over the immediately prior [***] period, of which not less than [***] thereof shall consist of cash owned by the Sellers on such date that is unencumbered and held by them in unrestricted domestic accounts.