Common use of Liquid Assets Clause in Contracts

Liquid Assets. The words “Liquid Assets” mean Borrower’s cash on hand plus Borrower’s readily marketable securities.

Appears in 2 contracts

Sources: Business Loan Agreement, Business Loan Agreement (Rainmaker Systems Inc)

Liquid Assets. The words "Liquid Assets" mean Borrower’s 's cash on hand plus Borrower’s readily marketable securities's receivables.

Appears in 1 contract

Sources: Business Loan Agreement (Laserscope)