Minimum Cash. Borrower shall maintain at least $375,000 in unrestricted cash in its account(s) that are subject to an account control agreement in favor of Lenders, in form and substance satisfactory to Lenders.
Appears in 2 contracts
Samples: Loan and Security Agreement (ConversionPoint Holdings, Inc.), Loan and Security Agreement (ConversionPoint Holdings, Inc.)
Minimum Cash. Borrower shall maintain at least $375,000 500,000 in unrestricted cash in its account(s) that are subject to an account control agreement in favor of Lenders, in form and substance satisfactory to Lenders.
Appears in 2 contracts
Samples: Loan and Security Agreement (ConversionPoint Holdings, Inc.), Loan and Security Agreement (ConversionPoint Holdings, Inc.)
Minimum Cash. Borrower shall maintain at all times at least $375,000 250,000 in unrestricted cash in its account(s) accounts that are subject to an account control agreement in favor of Lenders, in form and substance satisfactory to LendersLender.
Appears in 1 contract
Samples: Loan and Security Agreement (Bridgeline Digital, Inc.)
