Minimum Cash Amount. Immediately prior to the Closing, the sum of (i) the Trust Amount net of any SPAC Share Redemption; plus (ii) the total amount received (or to be received at the Closing) by the SPAC in respect of the PIPE Investment; plus (iii) the Bridge Amount received (or to be received) prior to or on the Execution Date by the Company in respect of the Bridge Financing; plus (iv) fifty percent (50%) of the total amount received (or to be received at the Closing) by the Company or the SPAC, as applicable, in respect of the Permitted Equity Financing (if any), shall, in the aggregate, be equal to or greater than the Minimum Cash Amount.
Minimum Cash Amount. The aggregate amount of cash and cash equivalents held by the Company as of the Effective Time shall be no less than $25,000,000.
Minimum Cash Amount. The Parent Cash on Hand shall not be less than the Minimum Cash Amount.
Minimum Cash Amount. Borrower shall maintain a balance on deposit in deposit accounts maintained with Bank at least equal to (i) on March 31, 2017, 100% of the aggregate outstanding principal amount of the Advances at such time made under Section 2.1(b), and (ii) at all times after March 31, 2017, an amount determined by Bank based on the financial projections delivered pursuant to Section 6.2(a) in respect of Borrower’s 2017 fiscal year.
Minimum Cash Amount. The Available Closing Date Equity shall be equal to or greater than the Minimum Cash Amount.
Minimum Cash Amount. The Kensington Cash Amount shall be at least two hundred and fifty million dollars ($250,000,000) in the aggregate.
Minimum Cash Amount. The Acquired Companies shall have the Minimum Cash Amount available for use in one or more of their respective bank accounts and Purchaser shall have received evidence, in form and substance reasonably satisfactory to Purchaser, of the same.
Minimum Cash Amount. After giving effect to the Closing, the cash on the consolidated balance sheet of RAC and its direct and indirect Subsidiaries, collectively, shall be equal to or greater than the Minimum Cash Amount.”
Minimum Cash Amount. Immediately following the Closing, the cash on the balance sheet of the Company shall be equal to or greater than the Minimum Cash Amount.
Minimum Cash Amount. As of the Closing Date, and after giving effect to the repayment of all Outstanding Indebtedness, the Company shall have at least 85% of the
