Cash Balances. The Lender shall have received a certificate of the Chief Financial Officer of the Borrower in form and substance satisfactory to the Lender stating that as of the close of the second Banking Day prior to the First Disbursement Date, the aggregate amount of cash and Cash Equivalents of the Borrower and its subsidiaries on a consolidated basis does not exceed $10,000,000;
Appears in 2 contracts
Samples: Credit Agreement (Endovascular Technologies Inc), Credit Agreement (Thoratec Laboratories Corp)
Cash Balances. The Lender shall have received a certificate of ------------- the Chief Financial Officer principal financial officer of the Borrower in form and substance satisfactory to the Lender stating that as of the close of the second Banking Day prior to the First respective Disbursement Date, the aggregate amount of cash and Cash Equivalents of the Borrower and its subsidiaries on a consolidated basis does not exceed four million Dollars ($10,000,000;4,000,000); and
Appears in 2 contracts
Samples: Credit Agreement (Guidant Corp), Credit Agreement (Incontrol Inc)
Cash Balances. The Lender shall have received a certificate of the Chief Financial Officer of the Borrower in form and substance satisfactory to the Lender stating that as of the close of the second Banking Day prior to the First respective Disbursement Date, the aggregate amount of cash and Cash Equivalents cash equivalents of the Borrower and its subsidiaries on a consolidated basis does not exceed $10,000,000;; and
Appears in 2 contracts
Samples: Credit Agreement (Endovascular Technologies Inc), Credit Agreement (Thoratec Laboratories Corp)
Cash Balances. The Lender shall have received a certificate of the Chief Financial Officer principal financial officer of the Borrower in form and substance satisfactory to the Lender stating that as of the close of the second Banking Day prior to the First respective Disbursement Date, the aggregate amount of cash and Cash Equivalents of the Borrower and its subsidiaries on a consolidated basis does not exceed four million Dollars ($10,000,000;4,000,000); and
Appears in 1 contract
Samples: Credit Agreement (Incontrol Inc)
