Common use of Defensive Interval Clause in Contracts

Defensive Interval. Defensive Interval measures the At-Risk Provider's survivability in the absence of external cash flows. The required Defensive Interval is thirty (30) days and is based on the following required calculation: (Cash + Cash Equivalents) --------------------------------------------- (Operating Expenses - Non Cash Expense Items) [Period Being Measured in Days]

Defensive Interval. Defensive Interval measures the At-Risk Provider's survivability in the absence of external cash flows. The required Defensive Interval is thirty (30) days and is based on the following required calculation: (Cash + Cash Equivalents) --------------------------------------------- ------------------------- (Operating Expenses - Non Cash Expense Items) [Period Being Measured in Days]