Minimum Cash on Hand. The Borrowers shall not permit at any time its unrestricted Cash on hand to be less than $1,000,000.
Minimum Cash on Hand. The Credit Parties shall maintain at all times cash and Cash Equivalents of at least $5,000,000 in a deposit or securities account in which the Agent has a first priority perfected Lien.
Minimum Cash on Hand. The Company and its Subsidiaries on a consolidated basis shall have at least $18,000,000 cash and cash equivalents on hand at Closing (net of checks issued but not yet presented).
Minimum Cash on Hand. Permit unrestricted cash or Cash Equivalents of the Loan Parties held in Deposit Accounts or Securities Accounts maintained with the Administrative Agent (or any Affiliate) at any time, to be less than $15,000,000.
Minimum Cash on Hand. The Borrower shall be required -------------------- to maintain cash on-hand of at least $15,000,000 during the period from the Fourth Amendment Date until July 16, 2001, for the purpose of making the payment of interest due on July 16, 2001, with respect to the Permitted High Yield Securities."
Minimum Cash on Hand. At all times prior to the date of the consummation of the Qualified Public Offering, the amount of the Borrowers’ consolidated cash, as determined in accordance with GAAP, shall be greater than or equal to $3,000,000. At all times on and after the date of the consummation of the Qualified Public Offering, the amount of the Borrowers’ consolidated cash, as determined in accordance with GAAP, shall be greater than or equal to $20,000,000.
(k) The Lenders hereby waive any Default or Event of Default arising solely from the failure of the Guarantor to deliver to the Administrative Agent, the Collateral Agent and the Lenders prior to the acquisition of American Long Lines, Inc., the financial certificate required under Section 7(ii)(c)(5) of the Guaranty, provided that such financial certificate shall be delivered to the Administrative Agent, the Collateral Agent and the Lenders no later than April 20, 2005.
Minimum Cash on Hand. Maintain at all times cash on hand of the Borrowers (including, without limitation, amounts on deposit in any deposit account of the Borrowers)
(i) during the period from the Effective Date until the six month anniversary of the Effective Date, (x) $250,000 for each Borrower and (y) $1,000,000 for all Borrowers in the aggregate, and (ii) thereafter, (x) $500,000 for each Borrower and (y) $2,000,000 for all Borrowers in the aggregate.
Minimum Cash on Hand. The Company will not permit Unrestricted cash and Cash Equivalents on hand at any time to be less than the Required Unrestricted Cash Amount.
Minimum Cash on Hand. The Borrower will maintain, at all times, Cash on Hand in an amount not less than the Required Coverage Amount.
Minimum Cash on Hand. Borrower will not, at any time, permit Aggregate Cash on Hand held on deposit by it and its Subsidiaries at the end of each month during the term of the Note be less than $100,000.00.
