Examples of Minimum Cash Amount in a sentence
The Minimum Cash Amount and Member Minimum Cash Requirement Percentage is recalculated daily and measured against actual available cash held to ensure that sufficient headroom above the requirement is always maintained.
Notwithstanding anything to the contrary set forth herein, other than with respect to Fraud claims, the process set forth in this Section 2.4 shall be the sole and exclusive remedy of the Parties for any disputes related to items required to be included or reflected in the calculation of the Final Subscription Price, Closing Cash Amount and Minimum Cash Amount.
Notwithstanding the foregoing, the Applicable Minimum Cash Amount shall be reduced by $1,000,000 for every $5,000,000 principal prepayment or repayment of the Term Loans following the First Amendment Effective Date; provided however, that, the Applicable Minimum Cash Amount shall in no event be reduced below $15,000,000.
At the Closing, AT&T shall cause NewCo and its Subsidiaries to hold Cash, determined on a combined basis in accordance with the Closing Statement Guidelines, equal to the Minimum Cash Amount.
Borrowers shall maintain, at all times, Borrower Unrestricted Cash in an aggregate amount not less than the Required Minimum Cash Amount.