Investments in Cash Equivalent Investments. (e) [Intentionally Omitted];
Investments in Cash Equivalent Investments. 16.6.1.3QFT Investments, including LCFS Credits transferred by Credit Parties to Financing Subsidiaries below fair market value, in an aggregate amount not to exceed at any time US$50,000,000, provided that from the Second Amendment Effective Date until the Covenant Reset Date, no such Investments shall be permitted to be made; 16.6.1.4such other Investments in an aggregate amount not to exceed at any time US$25,000,000, provided that none of the Investments may be made in margin stock (as defined in Regulation U of the Board of Governors of the Federal Reserve System). 16.6.2 noNo Credit Party will make any Investment when at the time of such Investment Liquidity is equal to or greater than US$100,000,000 prior to and after giving effect to any such Investment other than (a) the Basic Investments, and (b) any other Investments as are approved by the board of directors of the Credit Parties in Business Assets or Persons carrying out the same or similar activities as the Borrower as contemplated in Section 13.19, provided that on the date any such Investment is made, no Default or Event of Default shall have occurred and be continuing or shall result therefrom. 16.7 Guarantees No Credit Party will create, assume or otherwise become or remain obligated in respect of, or permit to be outstanding any Guarantee other than (i) Guarantees created under the Operative Documents, (ii) performance guarantees and warranty obligations in connection with the sale, lease or license of Inventory in the ordinary course of business, and (iii) Guarantees of, or constituting Debt permitted by Section 16.2. 16.8 Acquisitions No Credit Party will make any Acquisition 16.8.1 when at the time of such Acquisition, Liquidity is below US$100,000,000 prior to and after giving effect to any such Acquisition, except for Permitted Acquisitions for an aggregate Enterprise Value not to exceed in the aggregate US$50,000,000 during any 12-month period during which Liquidity is below US$100,000,000, provided, further, that, the aggregate amount of Enterprise Value of Negative EBITDA Permitted Acquisitions made during any such 12-month period shall not exceed US$25,000,000, 104822.00280/115572577.6305585250.30
Investments in Cash Equivalent Investments. (e) Investments to acquire a Subsidiary after the Closing Date, to the extent such acquisition constitutes a Permitted Acquisition and Investments in New Subsidiaries permitted in connection with, and to the extent necessary to consummate, Permitted Acquisitions; and (f) other Investments consented to by Requisite Lenders in writing.
