Method for obtaining and/or providing a liquidity commitment

Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance

Reexamination Certificate

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C705S035000, C705S037000, C705S03600T

Reexamination Certificate

active

07729968

ABSTRACT:
One embodiment of the present invention relates to a method for structuring a debt service reserve fund, comprising: investing at least part of the debt service reserve fund in a tax-exempt investment; and obtaining a liquidity commitment on at least part of the tax-exempt investment. Another embodiment of the present invention relates to a method for providing a liquidity commitment on a debt service reserve fund, comprising: obligating a debt issuer associated with the debt service reserve fund to invest at least part of the debt service reserve fund in a tax-exempt investment; and furnishing a liquidity commitment to the debt issuer on at least part of the tax-exempt investment.

REFERENCES:
patent: 5704045 (1997-12-01), King et al.
patent: 6360210 (2002-03-01), Wallman
patent: 2002/0077955 (2002-06-01), Ramm
patent: 2003/0040941 (2003-02-01), Whitworth
Municipal Bond Prices End Session Little Changed Ahead of New Deals Sean Monsarrat and Nicholas Chesla, The Bond Buyer Wire. Bond Buyer. New York, N.Y.: Mar. 12, 2002. vol. 339, Iss. 31342; p. 2.
Yield-Hungry Investors Find ‘Short’ Answer by Tom Lauricella. Wall Street Journal (Eastern edition). New York, N.Y.: Mar. 8, 2002. p. C.1.

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