Available Liquidity Commitment. At the time of the issuance of each Commercial Paper Note and after giving effect thereto and to the use of proceeds thereof on such day, the sum of the Aggregate Liquidity Commitment and the Fronting Letter of Credit Amount shall be equal to or greater than the sum of the Aggregate Outstanding CP and the aggregate principal amount of Liquidity Advances Outstanding net of any amounts on deposit at such time in the Collateral Account set aside for the repayment of the principal of Liquidity Advances.
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Available Liquidity Commitment. At the time of the issuance ------------------------------ of each Commercial Paper Note and after giving effect thereto and to the use of proceeds thereof on such day, the sum of the Aggregate Liquidity Commitment and the Fronting Letter of Credit Amount shall be equal to or greater than the sum of the Aggregate Outstanding CP and the aggregate principal amount of Liquidity Advances Outstanding --- net of any amounts on deposit at such time in the Collateral Account set aside for the repayment of the principal of Liquidity Advances.
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Sources: Liquidity Agreement (Ryder TRS Inc)
Available Liquidity Commitment. At the time of the issuance of each Commercial Paper Note and after giving effect thereto and to the use of proceeds thereof on such day, the sum of the Aggregate Liquidity Commitment and the Fronting Series 1997-1 Letter of Credit Amount shall be equal to or greater than the sum of the Aggregate Outstanding CP and the aggregate principal amount of Liquidity Advances Outstanding net of any amounts on deposit at such time in the Series 1997-1 Collateral Account set aside for the repayment of the principal of Liquidity Advances.
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