Minimum Cash Balance. The Company shall not permit its total cash balance in the Company Deposit Accounts to be less than One Million Dollars ($,1,000,000) as of the end of any calendar month commencing on or after February 1, 2025 (the “Minimum Cash Balance Requirement”).
Appears in 2 contracts
Samples: Senior Secured Term Promissory Note (SpringBig Holdings, Inc.), Senior Secured Convertible Promissory Note (SpringBig Holdings, Inc.)
Minimum Cash Balance. The Company shall not permit its total cash balance in the Company Deposit Accounts to be less than One Million Dollars ($,1,000,000) as of the end of any calendar month commencing on or after February 1, 2025 at all times (the “Minimum Cash Balance Requirement”).
Appears in 2 contracts
Samples: Note Agreement (SpringBig Holdings, Inc.), Secured Term Promissory Note (SpringBig Holdings, Inc.)
