Primary Liquidity Facility definition

Primary Liquidity Facility. Means the Revolving Credit Agreement dated as of August 5, 2002 relating to the Applicable Certificates, between the Primary Liquidity Provider and State Street Bank and Trust, as Subordination Agent, as agent and trustee for the Applicable Trust, and, from and after the replacement of such agreement pursuant to the Intercreditor Agreement, the replacement liquidity facility therefore, in each case as amended, supplemented or otherwise modified from time to time in accordance with their respective terms.
Primary Liquidity Facility means the Class A Primary Liquidity Facility or the Class B Primary Liquidity Facility, as applicable.

Examples of Primary Liquidity Facility in a sentence

  • The Applicable Certificates are entitled to the benefits of the Primary Liquidity Facility, the Above-Cap Liquidity Facility and the Policy.

  • Upon receipt from a Primary Liquidity Provider of a Termination Notice with respect to any Primary Liquidity Facility, the Subordination Agent shall, not later than the date specified in such Termination Notice, in accordance with the terms of such Primary Liquidity Facility, request a drawing under such Primary Liquidity Facility of all available and undrawn amounts thereunder (a “Final Drawing”).

  • If any Replacement Primary Liquidity Facility for any Primary Liquidity Facility in accordance with Section 3.6(e) hereof is to be comprised of more than one instrument as contemplated by the definition of the term "Replacement Primary Liquidity Facility", then each of the parties hereto agrees to amend this Agreement to incorporate appropriate mechanics for multiple Primary Liquidity Facilities for a Trust.

  • Upon receipt from a Primary Liquidity Provider of a Termination Notice with respect to any Primary Liquidity Facility, the Subordination Agent shall, not later than the date specified in such Termination Notice, in accordance with and to the extent permitted by the terms of such Primary Liquidity Facility, request a drawing under such Primary Liquidity Facility of all available and undrawn amounts thereunder (a "Final Drawing").

  • The amount of each drawing under the Primary Liquidity Facility shall be due and payable, together with interest thereon, on the dates and at the rates, respectively, provided in the Primary Liquidity Facility.


More Definitions of Primary Liquidity Facility

Primary Liquidity Facility. Means, initially, the Revolving Credit Agreement dated as of March 25, 2002 relating to the Applicable Certificates, between the Primary Liquidity Provider and Wilmington Trust Company, as Subordination Agent, as agent and trustee for the Applicable Trust, and, from and after the replacement of such agreement pursuant to the Intercreditor Agreement, the replacement primary liquidity facility therefor, in each case as amended, supplemented or otherwise modified from time to time in accordance with their respective terms.
Primary Liquidity Facility means, initially, the Revolving Credit Agreement dated as of _______________ relating to the Certificates, between the Primary Liquidity Provider and the Subordination Agent, as agent and trustee for the Trustee, and, from and after the replacement of such Agreement pursuant to the Intercreditor Agreement, the Replacement Primary Liquidity Facility (as defined in the Intercreditor Agreement) therefor, if any, in each case as amended, supplemented or otherwise modified from time to time in accordance with their respective terms.
Primary Liquidity Facility has the meaning set forth in the recitals to the Note Purchase Agreement.
Primary Liquidity Facility means, initially, the Revolving Credit Agreement dated as of November 14, 2006 relating to the Certificates, between the Primary Liquidity Provider and the Subordination Agent, as agent and trustee for the Trustee, and, from and after the replacement of such Agreement pursuant to the Intercreditor Agreement, the Replacement Primary Liquidity Facility (as defined in the Intercreditor Agreement) therefor, if any, in each case as amended, supplemented or otherwise modified from time to time in accordance with their respective terms.
Primary Liquidity Facility. Rating Agencies”, “Ratings Confirmation”, “Regular Distribution Dates”, “Replacement Primary BACK
Primary Liquidity Facility has the meaning set forth in the tenth recital to the Note Purchase Agreement.