minimum liquid assets definition

minimum liquid assets means the minimum amount or amounts of liquid assets held by a bank under section 38 of the Act;
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minimum liquid assets means the minimum amount or amounts of liquid assets held
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minimum liquid assets means, as of a given date, Liquid Assets having a market value of at least $25,000,000.00.
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More Definitions of minimum liquid assets

minimum liquid assets. The sum of all Non-Broker-Dealer Cash plus Distributable Net Capital. Minimum Regulatory Net Capital: The amount of net capital required for any Subsidiary that is a broker-dealer under Section 15(c)(3) of the Exchange Act and the regulations promulgated thereunder; provided, however, in no event shall Minimum Regulatory Net Capital be less than the greater of (a) the lesser of (x) $250,000 and (y) the minimum fixed dollar amount applicable to such Subsidiary or (b) two percent (2%) of aggregate debit items.
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Related to minimum liquid assets

  • Minimum Liquidity has the meaning given in Clause 11.19;

  • Minimum Liquidity Amount shall have the meaning assigned to such term in the Pricing Side Letter.

  • Consolidated Asset Coverage Ratio means the ratio, determined on a consolidated basis for Borrower and its Subsidiaries, without duplication, of (a) the value of total assets of the Borrower and its Subsidiaries, less all liabilities and indebtedness not represented by senior securities to (b) the aggregate amount of senior securities representing indebtedness of Borrower and its Subsidiaries (including this Agreement), in each case as determined pursuant to the Investment Company Act and any orders of the Securities and Exchange Commission issued to or with respect to Borrower thereunder, including any exemptive relief granted by the Securities and Exchange Commission with respect to the indebtedness of any SBIC Subsidiary.

  • Quick Ratio means, with respect to Lessee at any time, the ratio, determined on a consolidated basis in accordance with GAAP, of:

  • Consolidated Liquidity means, with reference to any period, an amount equal to (a) any Unrestricted Cash of the Borrowers and their Subsidiaries as calculated on a consolidated basis for such period and (b) the Aggregate Commitments of the Lenders minus the outstanding principal amount of all Loans and any issued and outstanding Letters of Credit; provided that the Borrowers are otherwise permitted to borrow such amount pursuant to the terms and conditions of this Agreement at the time such amount is calculated.