Minimum Cash. The Company shall have on hand at all times, on the first of each calendar month, not less than $4.5 million, in an account (from and after October 31, 2023, subject to an account control agreement in favor of the Collateral Agent) subject to no other Liens other than the Permitted Liens.
Appears in 4 contracts
Samples: Intercreditor Agreement (ProSomnus, Inc.), Intercreditor Agreement (ProSomnus, Inc.), Second Supplemental Indenture (ProSomnus, Inc.)
Minimum Cash. The Company shall have on hand at all times, on the first of each calendar month, not less than $5.0 million through June 30, 2023, and $4.5 millionmillion thereafter, in an account (from and after October 31, 2023, subject to an account control agreement in favor of the Collateral Agent) Trustee subject to no other Liens other than the Permitted Liens.
Appears in 3 contracts
Samples: Indenture (ProSomnus, Inc.), Indenture (ProSomnus, Inc.), Indenture (ProSomnus, Inc.)
