Common use of Cash Reserve Clause in Contracts

Cash Reserve. In the case of Borrower, cause the sum of the aggregate amount of cash on hand, the value of the Cash Equivalents (as such term is defined in the indenture) owned by it and the Unused Commitment Amount at all times to equal or exceed $10,000. Notwithstanding the foregoing in this Section 5.01(j), if Borrower consummates its proposed sale of Series J Preferred Stock to Vanguard Cellular Systems, Inc., or an affiliate thereof, for aggregate cash proceeds of at least $10,000,000, then the foregoing minimum cash reserve amount shall increase from $10,000 to $1,000,000 upon closing of such transaction.

Cash Reserve. In the case of Borrower, cause the sum of the aggregate amount of cash on hand, the value of the Cash Equivalents (as such term is defined in the indenture) owned by it and the Unused Commitment Amount at all times to equal or exceed $10,000750,000. Notwithstanding the foregoing in this Section 5.01(j), if Borrower consummates its proposed sale acquisition of Series J Preferred Stock to Vanguard Cellular SystemsRadio Movil Digital Americas, Inc., or an affiliate thereof, for aggregate cash proceeds of Inc. ("RMD") and RMD obtains at least $10,000,00025,000,000 in proposed financing from BT Financial Investment Corporation, then the foregoing minimum cash reserve amount shall increase from $10,000 750,000 to $1,000,000 upon closing of such transaction1,000,000.

Cash Reserve. In the case of Borrower, cause the sum of the aggregate amount of cash on hand, the value of the Cash Equivalents (as such term is defined in the indenture) owned by it and the Unused Commitment Amount at all times to equal or exceed $10,000500,000. Notwithstanding the foregoing in this Section 5.01(j), if Borrower consummates its proposed sale of Series J Preferred Stock to Vanguard Cellular Systems, Inc., or an affiliate thereof, for aggregate cash proceeds of at least $10,000,0003,300,000, then the foregoing minimum cash reserve amount shall increase from $10,000 500,000 to $1,000,000 upon closing of such transaction.

Cash Reserve. In the case of Borrower, cause the sum of the aggregate amount of cash on hand, the value of the Cash Equivalents (as such term is defined in the indenture) owned by it and the Unused Commitment Amount at all times to equal or exceed $10,000375,000. Notwithstanding the foregoing in this Section 5.01(j), if Borrower consummates its proposed sale of Series J Preferred Stock to Vanguard Cellular Systems, Inc., or an affiliate thereof, for aggregate cash proceeds of at least $10,000,0003,300,000, then the foregoing minimum cash reserve amount shall increase from $10,000 375,000 to $1,000,000 upon closing of such transaction.