Examples of Liquidity Covenant in a sentence

If after giving effect to such recalculation and such increase, the Borrower shall then be in compliance with the requirement of the Liquidity Covenant pursuant to Section 6.14 with respect to the period subject to the Cure Right, the applicable breach or Default or Event of Default of the Liquidity Covenant that had occurred shall be deemed cured for purposes of this Agreement.
Notwithstanding anything to the contrary, until the expiration of the applicable Cure Period, none of the Administrative Agent, the Collateral Agent or the Lenders shall be permitted to accelerate Loans held by them or to exercise remedies against the Collateral solely on the basis of a failure to comply with the requirements of the Liquidity Covenant, unless such failure is not cured pursuant to the exercise of the Cure Right on or prior to the end of the applicable Cure Period.

More Definitions of Liquidity Covenant

Liquidity Covenant means the financial covenant set forth in Section 6.10(b).

Liquidity Covenant means that the Borrower and its Subsidiaries have Liquid Assets in an aggregate amount of at least $30,000,000.

Liquidity Covenant means the covenant set forth in Section 7.09(b)(i).

Liquidity Covenant means that the Seller will have a minimum liquidity equal to the greater of (i) $10,000,000, equal to unrestricted cash or Cash Equivalents, and (ii) the minimum liquidity or similar covenant for the Seller set forth in any Oportun Comparable Facility.

Liquidity Covenant means the Minimum Liquidity covenant in Section 7.5(b).

Liquidity Covenant means that the Seller will have a minimum liquidity of $10,000,000, equal to unrestricted cash or Cash Equivalents. 15 4147-9029-0755.4

Liquidity Covenant means the covenant described in Paragraph 26(j).