Financial Covenant — Minimum Liquidity. Throughout the period from the Effective Date to the Designated Sale Date, the sum (without duplication of any item) of the unrestricted cash, unencumbered cash investments and unencumbered marketable securities classified as short term or long term investments according to GAAP of LRC and its Subsidiaries (determined on a consolidated basis) will be no less than $300,000,000.
Appears in 6 contracts
Samples: Closing Certificate and Agreement (Lam Research Corp), Closing Certificate and Agreement (Lam Research Corp), Closing Certificate and Agreement (Lam Research Corp)
