Minimum Cash Requirement. Tenant shall maintain cash and cash equivalents of at least $500,000.00.
Minimum Cash Requirement. Permit cash on hand, minus the aggregate amount of Revolving Advances and Bridge Loans outstanding at such time, to be less than $40,000,000.00 at any time on or after April 30, 2009.
Minimum Cash Requirement. Maintain, at all times, on a consolidated basis, Unrestricted Cash in a minimum amount of $5,000,000.
Minimum Cash Requirement. Sellers shall ensure that, as of the Closing, each of the Sold Companies and the Subsidiaries will maintain sufficient cash to satisfy any requirements of Law.
Minimum Cash Requirement. As of the Closing and assuming distribution of the Trust Fund, and after deducting (a) all amounts to be paid to Converting Stockholders from the Trust Fund pursuant to Section 7.10(a)(ii)(A), (b) all amounts due in respect of loans made pursuant to Section 7.13, (c) the Company’s financial advisory, legal, accounting and other transaction expenses (up to $1,500,000), (d) the Buyer’s financial advisory, legal, accounting and other transaction expenses, (e) the Facilitation Fee and (f) the amount of the Cash Consideration (the sum of $30,000,000 plus all amounts described in subsections (a) through (f), the “Adjusted Minimum Cash Closing Amount”), the Buyer shall have cash on hand equal to or in excess of the Minimum Cash Closing Amount (the “Minimum Cash Closing Condition”).
Minimum Cash Requirement. Borrower agrees that the ratio of the aggregate amount of its cash, cash equivalents and marketable securities will be equal to or at least 1.25 times the outstanding principal line balance at each month end.
Minimum Cash Requirement. The Company and its Subsidiaries together shall maintain an amount of cash and cash equivalent no less than US$100 million at the Closing Date including the following: (i) any capital expenditures, (ii) any repayments of indebtednesses by the Company or any of its Subsidiaries, (iii) any payments for professional services rendered to the Company in connection with the transactions contemplated in this Agreement and (iv) any debt of the Company, in each case incurred prior to and as of the Closing Date.
Minimum Cash Requirement. At all times, on a consolidated basis, the Borrower will satisfy the Minimum Cash Requirement.
Minimum Cash Requirement. As of immediately prior to the Effective Time, the Cash and Cash Equivalents of CMC shall be at least $4,755,398 and the Regulatory Requirement Deficit Amount shall be zero dollars ($0). (h)
Minimum Cash Requirement. The Available Closing SPAC Cash shall not be less than USD $7,500,000.
