Minimum Cash Balance. Licensee shall fund the Facility Checking Account --------------------- with an initial amount equal to $25,000.00 and thereafter Licensee shall provide the working capital required by Section I(H) of this Agreement
Minimum Cash Balance. To ensure that sufficient funds are available to pay Northern Tier’s obligations as they become due, the Finance Agent shall establish a minimum cash balance of funds equal to $150,000, and then maintain such balance throughout the term of this Funding Agreement (the “Minimum Cash Balance”).
Minimum Cash Balance. The cash and Cash Equivalents held on a consolidated basis by all Loan Parties (but not their Subsidiaries which are not Loan Parties) shown on each monthly balance sheet delivered in accordance with Section 7.1(c) shall be equal to or greater than the Minimum Cash Balance.
Minimum Cash Balance. The Parent will not permit the Unrestricted Cash and Cash Equivalents held by the Parent and its Subsidiaries (other than amounts on deposit in the Blocked Account) to be less than (x) $10,000,000 at any time from October 1, 2012 to and including June 30, 2013, (y) $15,000,000 at any time from July 1, 2013 to and including June 30, 2014 and (z) $20,000,000 at any time thereafter.
Minimum Cash Balance. The sum of the aggregate amount of unrestricted cash held by the Company in the U.S. plus the liquidation value of the Cash Equivalents (as defined in the Credit Agreement) held by the Company in the U.S. shall exceed the lesser of (a) $800,000,000, and (b) the dollar amount necessary to enable the condition set forth in Section 4.01(II)(f) of the Credit Agreement to be satisfied.”
Minimum Cash Balance. The Borrower will not permit the aggregate amount of all (x) cash and Cash Equivalents held by the Borrower and its Subsidiaries which is subject to the Lien of the Security Documents and (y) all undrawn credit facilities to the extent the proceeds thereof are available to fund the working capital requirements of the Borrower and the Subsidiary Guarantors with maturities in excess of twelve months on the last day of any fiscal quarter (commencing with and including the fiscal quarter ended June 30, 2007) to be less than $500,000 per Mortgaged Vessel.
Minimum Cash Balance. Seller shall cause the Company and its Subsidiaries, at the Closing, to have no less than $100,000,000.00 of cash on a consolidated basis.
Minimum Cash Balance. The Parent Borrower shall not permit the Minimum Cash Balance on any day of any Fiscal Year to be less than the amount set forth below. Fiscal Year Ending Minimum Cash Balance December 31, 2016 $1,000,000 December 31, 2017 $2,000,000 December 31, 2018 and all Fiscal Years thereafter $3,500,000
Minimum Cash Balance. The opening aggregate amount of Cash held by the Target Group on the Closing Date is less than US$10,000,000 (or its equivalent in other currencies).
Minimum Cash Balance. Permit the Cash Equivalents to be less than $300,000 at any time."
