Liquidity Reserve Account definition

Liquidity Reserve Account shall have the meaning set forth in Section 8.2(A)(iii).
Liquidity Reserve Account. The separate trust account or accounts to be created and maintained under the circumstances described in Section 4.17.
Liquidity Reserve Account means the Liquidity Reserve Account established by the Depositary pursuant to the Depository Agreement.

Examples of Liquidity Reserve Account in a sentence

The aggregate amount on deposit in the 0.00 Liquidity Reserve Account as of the Transfer Date (after giving effect to the transactions set forth in Article IV of the Supplement.

The aggregate amount of Principal Collections processed during the Due Period which were deposited in the Liquidity Reserve Account .

All funds drawn from the Debt Service Reserve Account, from the Liquidity Reserve Account and from the Trigger Event Reserve Account outside Brazil to be used for Interest Payment and for the portion of Principal Payment that represents capital gain as a consequence of exchange rate movement are subject to IRRF ( Imposto de Renda Retido na Fonte) at the rate of 15,00%.

All funds drawn from the Debt Service Reserve Account, from the Liquidity Reserve Account and from the Trigger Event Reserve Account outside Brazil to be used for Interest Payment and for the portion of Principal Payment that represents capital gain as a consequence of exchange rate movement are subject to IRRF ( Imposto de Renda Retido na Fonte) at the rate of 15.00%.

No funds from any other source (other than interest or earnings on the funds held in the Liquidity Reserve Account) shall be commingled in the Liquidity Reserve Account.


More Definitions of Liquidity Reserve Account

Liquidity Reserve Account means the segregated trust account with that name established and maintained with the Indenture Trustee and in the name of the Indenture Trustee on behalf of the Noteholders and maintained pursuant to Section 5.01 of the Indenture.
Liquidity Reserve Account has the meaning given to such term in Section 3.01(a) hereof.
Liquidity Reserve Account the account by that name established and maintained by the Trustee pursuant to Section 3.01.
Liquidity Reserve Account shall have the meaning specified in Section 4.02(c)(i).
Liquidity Reserve Account has the meaning given to such term in Section 3.01(a).
Liquidity Reserve Account has the meaning set forth in Section 5.1(a)(i).