Common use of Liquid Assets Clause in Contracts

Liquid Assets. At all times, be and remain the owner of Unencumbered Liquid Assets having a value (as such value is determined by Bank) of not less than One Million Five Hundred Thousand Dollars ($1,500,000).

Appears in 2 contracts

Samples: Loan and Security Agreement (Northern Power Systems Corp.), Loan and Security Agreement (Northern Power Systems Corp.)

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Liquid Assets. At all times, be and remain the owner of Unencumbered Liquid Assets having a value (as such value is determined by Bank) of ), which when added to Unused Line Availability, is not less than One Two Million Five Hundred Thousand and 00/100 Dollars ($1,500,0002,000,000.00).

Appears in 1 contract

Samples: Electronic Tracking Agreement (Century Communities, Inc.)

Liquid Assets. At all times, be and remain the owner of Unencumbered Liquid Assets having a value (as such value is determined by BankAgent) of not less than One Two Million Five Hundred Thousand Dollars ($1,500,0002,000,000.00).

Appears in 1 contract

Samples: Credit Agreement (Owens Realty Mortgage, Inc.)

Liquid Assets. At all times, be and remain the owner of Unencumbered Liquid Assets having a value (as such value is determined by Bank) of not less than One Million Five Hundred Thousand Dollars ($1,500,0001,000,000).

Appears in 1 contract

Samples: Loan and Security Agreement (Northern Power Systems Corp.)

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Liquid Assets. At all times, be and remain the owner of Unencumbered Liquid Assets having a value (as such value is determined by Bank) of not less than One Two Million Five Hundred Thousand Dollars ($1,500,0002,000,000.00).

Appears in 1 contract

Samples: Credit Agreement (Owens Realty Mortgage, Inc.)

Liquid Assets. At all times, be and remain the owner of Unencumbered Liquid Assets having a value (as such value is determined by Bank) of not less than One Three Million Five Hundred Thousand and No/100 Dollars ($1,500,0003,500,000.00), which must be maintained in an account with Bank, and subject to a security interest in favor of Bank.

Appears in 1 contract

Samples: Credit Agreement (Sensus Healthcare, Inc.)

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