Common use of Minimum Available Liquidity Clause in Contracts

Minimum Available Liquidity. Borrower shall maintain a minimum Available Liquidity equal to at least $175,000, based on the monthly financial statements of Borrower for such month delivered to Lender in accordance with Section 9.7(a) and accompanied by a duly executed Financial Statement Certification and a duly completed and executed Compliance Certificate. The amount of minimum Available Liquidity will be reviewed by the Borrower and Lender on a periodic basis, not more frequently than quarterly and adjusted as necessary to reflect changes in Borrower’s Operating Expenses, operations and liquidity needs as mutually determined by Borrower and Lender acting in good faith. Any such adjustments to the minimum Available Liquidity shall be documented in a written agreement executed by Borrower and Lender.

Minimum Available Liquidity. Borrower shall maintain a minimum Available Liquidity equal to at least $175,000125,000, based on the monthly financial statements of Borrower for such month delivered to Lender in accordance with Section 9.7(a) and accompanied by a duly executed Financial Statement Certification and a duly completed and executed Compliance Certificate. The amount of minimum Available Liquidity will be reviewed by the Borrower and Lender on a periodic basis, not more frequently than quarterly and adjusted as necessary to reflect changes in Borrower’s Operating Expenses, operations and liquidity needs as mutually determined by Borrower and Lender acting in good faith. Any such adjustments to the minimum Available Liquidity shall be documented in a written agreement executed by Borrower and Lender.

Minimum Available Liquidity. Borrower shall maintain a minimum Available Liquidity equal to at least $175,000300,000, based on the monthly quarterly financial statements of Borrower for such month delivered to Lender in accordance with Section 9.7(a) and accompanied by a duly executed Financial Statement Certification and a duly completed and executed Compliance Certificate. The amount of minimum Available Liquidity will be reviewed by the Borrower and Lender on a periodic basis, not more frequently than quarterly and adjusted as necessary to reflect changes in Borrower’s Operating Expenses, operations and liquidity needs as mutually determined by Borrower and Lender acting in good faith. Any such adjustments to the minimum Available Liquidity shall be documented in a written agreement executed by Borrower and Lender.

Minimum Available Liquidity. Borrower shall maintain a minimum Available Liquidity equal to at least $175,000800,000, based on the monthly quarterly financial statements of Borrower for such month delivered to Lender in accordance with Section 9.7(a) and accompanied by a duly executed Financial Statement Certification and a duly completed and executed Compliance Certificate. The amount of minimum Available Liquidity will be reviewed by the Borrower and Lender on a periodic basis, not more frequently than quarterly and adjusted as necessary to reflect changes in Borrower’s Operating Expenses, operations and liquidity needs as mutually determined by Borrower and Lender acting in good faith. Any such adjustments to the minimum Available Liquidity shall be documented in a written agreement executed by Borrower and Lender.