Minimum Liquidity Amount definition

Minimum Liquidity Amount shall have the meaning assigned to such term in the Pricing Side Letter.
Minimum Liquidity Amount has the meaning set forth in Section 6.19(c).
Minimum Liquidity Amount has the meaning given in Clause 11.18;

Examples of Minimum Liquidity Amount in a sentence

  • Seller shall insure that, as of the end of each calendar month, Seller has, on a consolidated basis, cash and Cash Equivalents in an amount equal to not less than the Minimum Liquidity Amount.

  • The Seller has, on a consolidated basis, cash, Cash Equivalents and unused borrowing capacity that could be drawn against (taking into account required haircuts) under warehouse and repurchase facilities and under other financing arrangements in an amount equal to not less than the Minimum Liquidity Amount.

  • Commencing on the Tranche 1-B Funding Date, the Company and the Borrowers and their respective Subsidiaries on a consolidated basis shall at all times maintain Unencumbered Liquid Assets with a value greater than or equal to the applicable Minimum Liquidity Amount.

  • After giving effect to the Exit Payments, the Exit Liquidity Amount shall not be less than the Minimum Liquidity Amount.

  • Subject to Section 8.17(d) and (f), the Obligors shall at all times maintain the Minimum Liquidity Amount in cash and/or Permitted Cash Equivalent Investments in one or more Controlled Accounts that is free and clear of all Liens, other than Liens granted under the Loan Documents in favor of the Administrative Agent and Liens permitted under Section 9.02(i) or Section 9.02(s).


More Definitions of Minimum Liquidity Amount

Minimum Liquidity Amount as defined in Section 7.1(b).
Minimum Liquidity Amount means, (a) with respect to the Fiscal Quarter ending June 29, 2019, $15,000,000, (b) with respect to the Fiscal Quarter ending September 28, 2019, $25,000,000, (c) with respect to the Fiscal Quarters ending December 28, 2019, March 28, 2020, June 27, 2020, September 26, 2020 and December 26, 2020, $35,000,000, and (d) with respect to each Fiscal Quarter thereafter, $15,000,000.
Minimum Liquidity Amount means $25,000,000.”
Minimum Liquidity Amount means, as of any date, an amount equal to the greater of (1) the quotient of (x) the outstanding principal amount of the Securities as of such date divided by (y) 9.5 and (2) $7,500,000.
Minimum Liquidity Amount means $15,000,000.
Minimum Liquidity Amount means (a) from the Closing Date until the Applicable Funding Date of the Tranche B Term Loans, $20,000,000 and (b) from the Applicable Funding Date of the Tranche B Term Loans, $25,000,000.
Minimum Liquidity Amount means, at any time, an amount equal to 3.50% of the Series 2006-1 Invested Amount as of such time.