Minimum Cash and Cash Equivalents. Prior to the Transition Date, the Borrower will not permit the Liquidity Amount for any period of five consecutive Business Days ending on or after the date hereof (calculated at the close of business on each Business Day), to be less than $50,000,000.
Minimum Cash and Cash Equivalents. For any date that is a fiscal quarter end from the Fourth Amendment Effective Date through May 30, 2006 $ 11,000,000 For any date that is not a fiscal quarter end from the Fourth Amendment Effective Date through September 15, 2005, and from March 1, 2006 through May 30, 2006 $ 10,000,000 For any date that is not a fiscal quarter end from September 16, 2005 through November 29, 2005 $ 8,000,000 For any date that is not a fiscal quarter end from December 1, 2005 through February 27, 2006 $ 7,500,000 At any time from May 31, 2006, through May 30, 2007 $ 9,000,000 At any time from May 31, 2007, and any date thereafter $ 7,500,000
Minimum Cash and Cash Equivalents. Permit the Parent’s Liquid Assets, determined on a consolidated basis, at any time to be less than $15,000,000, or permit the Parent or any applicable Subsidiary otherwise not to be in compliance with applicable liquidity requirements of HUD, Xxxxxx Mae and Xxxxxxx Mac.
Minimum Cash and Cash Equivalents. Commencing on the Transition Period End Date, Borrower shall at all times maintain at least Twenty Million Dollars ($20,000,000) of unrestricted cash and Cash Equivalents at Bank.
Minimum Cash and Cash Equivalents. Permit Cresleigh LLC's Cash and Cash Equivalent at any time to be less than $1,500,000.
Minimum Cash and Cash Equivalents. Cash and Cash Equivalents of Parent and its Subsidiaries, determined on a consolidated basis, of no less than $50,000,000 at all times during the term of this Agreement.
Minimum Cash and Cash Equivalents. Company shall not permit aggregate Cash and Cash Equivalents of Company and its Subsidiaries as of the last day of each calendar month during Stage 2 to be less than the correlative amounts set forth on Schedule 6.7(e); provided, that for purposes of calculating the covenant set forth on Schedule 6.7(e), all amounts of Cash and Cash Equivalents held by the Singapore Subsidiaries shall be deducted from such calculation.
Minimum Cash and Cash Equivalents. The Borrower shall at all times possess cash and/or Cash Equivalents (subject to no Lien) in an aggregate amount of at least $5,000,000.
Minimum Cash and Cash Equivalents. Debtor shall at all times maintain a minimum of Seventeen Million Dollars ($17,000,000.00) of cash and Cash Equivalents in the account or accounts covered by the Account Control Agreements described in Section 4(b) above (the “Minimum Cash Covenant”). In the event that the Debtor’s cash and Cash Equivalents in such accounts at any time do not equal or exceed Seventeen Million Dollars ($17,000,000), then Debtor shall, within five (5) business days of the occurrence of such a shortfall, issue to Secured Party an irrevocable standby letter of credit in an amount equal to the outstanding principal balance of the loan in form and substance satisfactory to Secured Party at its sole discretion.
Minimum Cash and Cash Equivalents. Section 5.12 is amended to read as follows:
