Common use of Minimum Cash Liquidity Clause in Contracts

Minimum Cash Liquidity. Guarantor’s Cash Liquidity shall not fall below the greater of (i) ten million dollars ($10,000,000) or (ii) five percent (5%) of Guarantor’s Recourse Indebtedness.

Appears in 9 contracts

Samples: Limited Guaranty, Limited Guarantee Agreement, Guaranty (Blackstone Mortgage Trust, Inc.)

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Minimum Cash Liquidity. Guarantor’s Cash Liquidity shall not fall below the greater of (i) ten million dollars Ten Million Dollars ($10,000,000) or and (ii) five percent (5%) of Guarantor’s Recourse Indebtedness.

Appears in 3 contracts

Samples: Guarantee Agreement, Guarantee Agreement (Blackstone Mortgage Trust, Inc.), Guarantee Agreement (Blackstone Mortgage Trust, Inc.)

Minimum Cash Liquidity. Guarantor’s Cash Liquidity shall not fall below be less than the lower of (i) Fifty Million Dollars ($50,000,000) and (ii) the greater of (iA) ten million dollars Ten Million Dollars ($10,000,000) or and (iiB) five percent (5%) of Guarantor’s Recourse Indebtedness.

Appears in 2 contracts

Samples: Guaranty (Cim Real Estate Finance Trust, Inc.), Guaranty (Cim Real Estate Finance Trust, Inc.)

Minimum Cash Liquidity. Guarantor’s Cash The Liquidity shall not fall below of Guarantor to be less than the lower of (A) $50,000,000 and (B) the greater of (i1) ten million dollars $10,000,000 and ($10,000,000) or (ii2) five percent (5%) of Guarantor’s Recourse Indebtedness.

Appears in 2 contracts

Samples: Guaranty (Cim Real Estate Finance Trust, Inc.), Guaranty (Cim Real Estate Finance Trust, Inc.)

Minimum Cash Liquidity. Guarantor’s Cash Liquidity shall not fall below the greater of (i) ten million dollars ($10,000,000) or and (ii) five percent (5%) of Guarantor’s Recourse Indebtedness.

Appears in 2 contracts

Samples: Guaranty (Blackstone Mortgage Trust, Inc.), Guaranty (Blackstone Mortgage Trust, Inc.)

Minimum Cash Liquidity. Guarantor’s Cash Liquidity shall not fall below to be less than the greater of (ia) ten million dollars $10,000,000 and ($10,000,000) or (iib) five percent (5%) of the Guarantor’s Recourse Indebtedness.

Appears in 1 contract

Samples: Guaranty (Blackstone Mortgage Trust, Inc.)

Minimum Cash Liquidity. Guarantor’s Cash Liquidity shall not fall below be less than the lower of (x) fifty million Dollars ($50,000,000.00) and (y) the greater of (iA) ten million dollars Dollars ($10,000,00010,000,000.00) or and (iiB) five percent (5%) of Guarantor’s Recourse Indebtedness.

Appears in 1 contract

Samples: Guaranty (Colony NorthStar Credit Real Estate, Inc.)

Minimum Cash Liquidity. Guarantor’s Guarantor shall at all times maintain Cash Liquidity shall of not fall below less than the greater of (i) ten million dollars Ten Million Dollars ($10,000,000) or and (ii) five percent (55.0%) of the Recourse Indebtedness of Guarantor’s Recourse Indebtedness; provided that the Cash Liquidity required to be maintained by Guarantor under this clause (ii) shall in no event exceed Forty Million Dollars ($40,000,000).

Appears in 1 contract

Samples: Guaranty Agreement (Starwood Credit Real Estate Income Trust)

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Minimum Cash Liquidity. Guarantor’s Guarantor shall at all times maintain Cash Liquidity shall of not fall below less than the greater of (i) ten million dollars Ten Million Dollars ($10,000,000) or and (ii) five percent (5%) of Recourse Indebtedness of Guarantor’s Recourse Indebtedness; provided that the Cash Liquidity required to be maintained by Guarantor under this clause (ii) shall in no event exceed Forty Million Dollars ($40,000,000).

Appears in 1 contract

Samples: Guaranty Agreement (Starwood Credit Real Estate Income Trust)

Minimum Cash Liquidity. Guarantor’s Cash Liquidity shall not fall below to be less than the greater of (ia) ten million dollars $10,000,000 and ($10,000,000) or (iib) five percent (5%) of Guarantor’s Recourse Indebtedness.

Appears in 1 contract

Samples: Guaranty (Blackstone Mortgage Trust, Inc.)

Minimum Cash Liquidity. Guarantor’s Guarantor shall at all times maintain Cash Liquidity shall of not fall below less than the greater of (i) ten million dollars Ten Million Dollars ($10,000,000) or and (ii) five percent (5%) of the Recourse Indebtedness of Guarantor’s Recourse Indebtedness; provided that the Cash Liquidity required to be maintained by Guarantor under this clause (ii) shall in no event exceed Forty Million Dollars ($40,000,000).

Appears in 1 contract

Samples: Guarantee Agreement (Starwood Credit Real Estate Income Trust)

Minimum Cash Liquidity. Guarantor’s Cash Liquidity shall not fall below the greater of (i) ten million dollars ($10,000,000) or (ii) five percent (5%) of Guarantor’s Recourse Indebtedness.of

Appears in 1 contract

Samples: Parent Guaranty and Indemnity

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