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Common use of Minimum Liquid Assets Clause in Contracts

Minimum Liquid Assets. The Company shall not permit Liquid Assets of the Company to be less than $150,000 at any time.

Appears in 8 contracts

Sources: Loan Agreement (Enstar Income Program 1984-1 Lp), Loan Agreement (Enstar Income Program Iv-2 Lp), Loan Agreement (Enstar Income Growth Program Five-a Lp)

Related Clauses

  • Minimum Liquidity
  • Minimum Consolidated Net Worth
  • Minimum Cash
  • Minimum Consolidated Fixed Charge Coverage Ratio
  • Minimum Consolidated Interest Coverage Ratio

Parent Clauses

  • Financial Covenants
  • Miscellaneous
  • NEGATIVE COVENANTS
  • Full Disclosure
  • Disposition of Assets

Sub-Clauses

  • Rules of Construction
  • Jurisdiction
  • Grantor Remains Liable
  • Governing Law
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