Consolidated Unencumbered Liquid Assets. Not permit the Consolidated Unencumbered Liquid Assets on the last day of any Fiscal Quarter to be less than CDN$1,000,000.
Consolidated Unencumbered Liquid Assets. (a) Not permit the Consolidated Unencumbered Liquid Assets as of any date of determination to be less than $1,500,000.
Consolidated Unencumbered Liquid Assets. 1A. Cash Equivalent Investments owned by Borrower and its Subsidiaries on a consolidated basis which are not the subject of any Lien or other arrangement with any creditor to have its claim satisfied out of such asset (or proceeds thereof) prior to the general creditors of Borrower and such Subsidiaries other than the Lien of Agent for the benefit of the Lenders or Agent and any Lien securing an Approved AR Loan Facility:
Consolidated Unencumbered Liquid Assets. Not permit the Consolidated Unencumbered Liquid Assets on the last day of the fiscal quarter ending September 30, 2016 to be less than $1, on the last day of the fiscal quarter ending December 31, 2016 to be less than $500,000, and on the last day of any fiscal quarter thereafter to be less than $750,000.
Consolidated Unencumbered Liquid Assets. Not permit the Consolidated Unencumbered Liquid Assets, (i) as of any date of determination prior to December 31, 2023, to be less than $1,500,000 and (ii) as of any date of determination on or after December 31, 2023, to be less than $2,500,000.
Consolidated Unencumbered Liquid Assets. Not permit the Consolidated Unencumbered Liquid Assets on the last day of any Fiscal Quarter to be less than $750,000. [Xxxxxx] Second Amendment
Consolidated Unencumbered Liquid Assets. Not permit the Consolidated Unencumbered Liquid Assets as measured on the last day of any Fiscal Quarter to be less than (a) as of any date of determination where the Market Capitalization of Parent is of greater than or equal to $150,000,000, $1,000,000 or (b), as of any date of determination where the aggregate Market Capitalization of Parent is less than $150,000,000, the greater of (i) $1,000,000 or (ii) an amount equal to two hundred percent (200%) of the Operational Burn for the prior Fiscal Quarter. For purposes of this Section 7.13, “Operational Burn” for any period being measured shall mean (A) the aggregate cash flow from operations of Parent and its Subsidiaries less (B) capital expenditures and changes in net working capital (normalized for any non-recurring items; in the case of clauses (A) and (B) for the period being measured and as determined in accordance with GAAP.
Consolidated Unencumbered Liquid Assets. Have at all times, to be tested as of the last day of each fiscal quarter, Consolidated Unencumbered Liquid Assets of at least (i) as of any date of determination where the Market Capitalization of Parent is greater than or equal to [***] or (ii), as of any date of determination where the aggregate Market Capitalization of Parent is less than [***], the greater of (A) [***] or (B) an amount equal to two hundred percent (200.0%) of the Covenant Operational Burn for the prior fiscal quarter.
Consolidated Unencumbered Liquid Assets. (i) Not permit the Consolidated Unencumbered Liquid Assets as of any date of determination prior to June 30, 2020 to be less than $1,500,000, and (ii) not permit the Consolidated Unencumbered Liquid Assets as of any date of determination on or after June 30, 2020 to be less than $3,000,000. [Biolase] Fifth Amendment #74161483
Consolidated Unencumbered Liquid Assets. Not permit the Consolidated Unencumbered Liquid Assets to be less than, (i) as of the last day of any month ending before February 15, 2019 and the last day of any month ending after the satisfaction of the Subsequent Minimum Capital Raise Condition, $4,000,000, or (ii) at all other times, $24,000,000.
