Maintenance of Cash. The Litigation Trust shall only receive and retain Cash, including Cash from the Litigation Trust Loan and any Additional Litigation Funding Loans, not in excess of a reasonable amount to meet claims and contingent liabilities or to maintain the value of the Trust Assets and administer the Litigation Trust; provided, for the avoidance of doubt, that the Litigation Trust shall only request Term Loans to the extent necessary to pay anticipated near term Litigation Trust Expenses. Any such Cash shall be maintained by the Litigation Trust Management in an account designated for such purposes.
Maintenance of Cash. CASH EQUIVALENT AND ELIGIBLE INVESTMENT ------------------------------------------------------------ BALANCES. The Company shall maintain Cash, Cash Equivalent and Eligible -------- Investment Balances during the following periods at least equal to the amounts set forth below: Period Amount ------ ------ Issuance Date through December 31,1999 $40 million January 1, 2000 and thereafter 30 million The Company's Cash, Cash Equivalent and Eligible Investment Balances shall be determined as of the end of each calendar quarter. Within fifteen days after the end of each calendar quarter, the Company shall furnish to the Holder a Company Certificate setting forth the amount of the Company's Cash, Cash Equivalent and Eligible Investment Balances as of the end of such calendar quarter. If at the end of any calendar quarter the Company shall have less than the required amount of Cash, Cash Equivalents and Eligible Investment Balances, then the Company shall not be deemed to be in violation of this Section 3.2 unless such insufficiency exists on the date which is 30 days after the end of such calendar quarter, so long as during such 30-day period the Company is making bona fide efforts to cure such insufficiency.
Maintenance of Cash. From the date hereof until the consummation of the Offer, the Company shall cause approximately $45 million to be maintained in its existing investments and, upon maturity of such investments, to invest such sums in municipal instruments with a rating of BBB or better (together, "Company Investments"). From the consummation of the Offer until the Effective Time, the Company shall cause approximately $33 million to be maintained in Company Investments.
Maintenance of Cash. The Company shall maintain in its accounts cash in an amount no less than the amount of the Minimum Cash at all times from the date hereof until the earlier of the termination of the Agreement or the deposit of such Minimum Cash in the Escrow Account as contemplated by this Agreement.
Maintenance of Cash. If, at the end of any Business Day, the outstanding Loans are equal to or greater than $125,000,000, no Loan Party shall have or otherwise maintain cash or Permitted Cash Equivalents in its DDAs and other bank accounts, securities accounts and investment accounts as of the end of any such Business Day in excess of $75,000,000 (excluding, in each case, the amount of (i) any Restricted Cash plus (ii) any cash or Permitted Cash Equivalents held in any Excluded Accounts); provided that there shall be no breach of this Section 7.15 as a result of such excess so long as the Lead Borrower shall promptly (but in any event within ten (10) Business Days following such breach), either (A) repay the Loans or (B) use such cash or Permitted Cash Equivalents in a manner not prohibited by this Agreement, in each case, in an aggregate amount required to bring the Loan Parties back in compliance with this Section 7.15; provided, further, until such time as the Borrowers comply with the 9656966v810314033v12 requirements set forth in the immediately preceding proviso, the Lenders shall be under no obligation to make any additional Loans or otherwise extend financial accommodations to the Loan Parties.[Reserved].
Maintenance of Cash. Have or maintain any cash, cash equivalents, proceeds of Collateral or any other monies, investments, instruments, securities or cash equivalents in any banking, investment or other account or in any place other than (a) in an account opened and maintained at a Lender or (b) in the possession of the Administrative Agent.
Maintenance of Cash. At all times commencing upon the signing of this Agreement until the Applicable Shares Closing or the earlier termination of this Agreement, the Company shall maintain the sum of Fifteen Million ($15,000,000) Dollars in cash on its balance sheet to enable Company to meet any obligations it has in connection with this Agreement, via-a-vis the Companies Law (as defined below).
Maintenance of Cash. Borrower shall maintain at all times Cash in an aggregate amount not less than $5,000,000.00."
Maintenance of Cash. Each Debtor shall maintain all cash constituting Collateral in the Cash Collateral Account applicable to it. Each Cash Collateral Account shall be subject to a control agreement suitable in form and substance to the Secured Party
Maintenance of Cash. Seller shall maintain, as of the end of each calendar month, Unencumbered Cash in an amount greater than or equal to the amount specified on Annex 1.
