Minimum Cash at Bank. Borrower shall at all times maintain a balance of Cash at Bank of not less than One Million Dollars ($1,000,000).
Minimum Cash at Bank. A balance of Cash at Bank, plus Cash at a Bank Affiliate in an account covered by an account control agreement acceptable to Bank, of not less than $25,000,000, calculated on an aggregate basis for Borrower and its Credit Party Subsidiaries and monitored on a daily basis.
Minimum Cash at Bank. At all times from November 30, 2017 until the date as of which Borrower achieves the Funding Milestone in Section 6.10(c) below, Borrower shall maintain a balance of Cash at Bank of at least $2,500,000, monitored on a daily basis.
Minimum Cash at Bank. Borrower shall at all times maintain a balance of Cash at Bank of at least $8,000,000, monitored on a daily basis.
Minimum Cash at Bank. A balance of unrestricted cash at Bank of not less than Fifteen Million Dollars ($15,000,000).
Minimum Cash at Bank. Borrowers, on a consolidated basis, shall maintain at all times an amount of unrestricted cash at the Bank equal to Seven Million Five Hundred Thousand Dollars ($7,500,000). Notwithstanding the foregoing, from and after the date that Borrowers achieve trailing 3-month EBITDA profitability, Borrowers shall maintain a minimum balance of Five Million Dollars ($5,000,000) in unrestricted cash at Bank; provided that if at any time thereafter, trailing 3-month EBITDA becomes negative, Borrowers shall be required to maintain an amount of unrestricted cash at the Bank equal to Seven Million Five Hundred Thousand Dollars ($7,500,000) until such time as Borrowers’ trailing 3-month EBITDA returns to profitability, whereupon the minimum balance shall revert to Five Million Dollars ($5,000,000).
Minimum Cash at Bank. Borrowers, on a consolidated basis, shall maintain at all times a minimum balance of unrestricted cash at the Bank of at least Ten Million Dollars ($10,000,000), measured on the last day of each month, provided that on April 1, 2019 and at all times thereafter, the required minimum balance of unrestricted cash at the Bank shall be reduced to $7,500,000.
Minimum Cash at Bank. Borrowers shall maintain at all times a balance of unrestricted cash at Bank equal to at least One Hundred Thousand Dollars ($100,000).”
Minimum Cash at Bank. Borrower shall at all times, measured on a daily basis, (A) maintain a balance of unrestricted Cash at Bank of not less than: (i) Beginning on the date thirty (30) days after the Closing Date, Two Million Dollars ($2,000,000) if Borrower’s total Cash at Bank plus Cash covered by Account Control Agreements is not less than Thirty Million Dollars ($30,000,000), (ii) At all times after the Closing Date, Eight Million Five Hundred Thousand Dollars ($8,500,000) if Borrower’s total Cash at Bank plus Cash covered by Account Control Agreements is at least Twenty Five Million Dollars ($25,000,000) but less than Thirty Million Dollars ($30,000,000) and (iii) At all times after the Closing Date, Seventeen Million Dollars ($17,000,000) if Borrower’s total Cash at Bank plus Cash covered by Account Control Agreements is less than Twenty Five Million Dollars ($25,000,000) and (B) maintain a balance of Cash at Bank plus Cash covered by Account Control Agreements of not less than Twenty Million Dollars ($20,000,000). Notwithstanding the foregoing, if Borrower fails to comply with any of the provisions of this Section 6.7 at any time, Borrower shall have two (2) Business Days from the date of such failure to deposit additional funds in accounts at Bank or other accounts covered by Account Control Agreements so that Borrower is in compliance with this Section 6.7.
Minimum Cash at Bank. Borrower shall at all times maintain a balance of Cash at Bank greater than an amount equal to (i) all outstanding Indebtedness owing from Borrower to Bank under the Equipment Line plus (ii) (a) $3,000,000 at all times prior to the Facility B Amortization Start Date, or (b) all outstanding Indebtedness owing from Borrower to Bank under the Facility B Equipment Line at all times after the Facility B Amortization Start Date, plus (iii) the aggregate amount of any other Indebtedness owing from Borrower to Bank.”
