Examples of Permitted Discretionary Activities in a sentence
The Initial Capital Infusion shall be immediately available for Permitted Discretionary Activities.
Any funds on deposit in any Special Account shall be immediately available to Holdings and the Borrowers exclusively (i) to invest in Permitted Discretionary Activities and (ii) to provide liquidity relief to Holdings and its Subsidiaries (including to cure of any shortfall in the amount of Qualified Cash required to be maintained by Holdings and the Borrowers pursuant to Section 7.13(b)).
The proceeds of any Capital Infusion held in the Special Account shall not be pledged, but shall be available, at the discretion of the New Guarantor, to fund Permitted Discretionary Activities or provide liquidity relief (including curing any breach of the Minimum Liquidity Covenant).
The funds held in the Special Accounts shall be available, at the discretion of the New Guarantor, to fund Permitted Discretionary Activities or provide liquidity relief (including curing any breach of the Minimum Liquidity Covenant).
The proceeds of any Capital Infusion held in the Special Account shall not be pledged, but shall be available, at the discretion of the Guarantor 4, to fund Permitted Discretionary Activities or provide liquidity relief (including curing any breach of the Minimum Liquidity Covenant).
In accordance with the Investment Agreement and the Escrow Agreement, the Final Capital Infusion shall be available to be drawn, at the discretion of the New Guarantor, on or prior to the Equity Outside Date to fund Permitted Discretionary Activities or to maintain compliance with the Minimum Liquidity Covenant.
The funds held in the Special Accounts shall be available, at the discretion of the Guarantor 4, to fund Permitted Discretionary Activities or provide liquidity relief (including curing any breach of the Minimum Liquidity Covenant).
In accordance with the Investment Agreement and the Escrow Agreement, the Final Capital Infusion shall be available to be drawn, at the discretion of the Guarantor 4, on or prior to the Equity Outside Date to fund Permitted Discretionary Activities or to maintain compliance with the Minimum Liquidity Covenant.
In accordance with the Investment Agreement and the Escrow Agreement, the Final Capital Infusion shall be available to be drawn, at the discretion of the New Corporate Guarantor, on or prior to the Equity Outside Date to fund Permitted Discretionary Activities or to maintain compliance with the Minimum Liquidity Covenant.