Minimum Consolidated Liquidity. Holdings shall not permit Consolidated Liquidity to be less than $1,000,000 at any time.
Minimum Consolidated Liquidity. Company and its Subsidiaries shall not permit Consolidated Liquidity at any time to be less than $15,000,000.
Minimum Consolidated Liquidity. Holdings shall not permit Consolidated Liquidity to be less than (i) $500,000 at any time from and after the Fourth Amendment Effective Date and on or prior to December 31, 2015, (ii) $750,000 at any time after December 31, 2015 and on or prior to March 31, 2016, and (iii) $1,000,000 at any time after March 31, 2016.
Minimum Consolidated Liquidity. Intermediate Holdings shall not permit Consolidated Liquidity to be less than $5,000,000 at any time; provided, however, in the event that Consolidated Liquidity shall be less than $5,000,000 at any time, such occurrence shall not be deemed a breach of this Section 6.11(e) so long as (i) within five (5) Business Days of such occurrence, Consolidated Liquidity shall be greater than $5,000,000 and (ii) Consolidated Liquidity shall not have been less than $5,000,000 at any time on more than two (2) occasions in any trailing ninety (90) day period; provided further, that in the event that Consolidated Liquidity shall be less than $5,000,000 either (x) for any period in excess of five (5) Business Days or (y) on more than two (2) occasions in any trailing ninety (90) day period, such occurrence shall not constitute an Event of Default if, within five (5) Business Days thereafter, Intermediate Holdings shall have received net cash proceeds of a capital contribution or issuance of Permitted Equity in an amount not less than the greatest amount by which Consolidated Liquidity was less than $5,000,000 at any time during the trailing ninety (90) day period.
Minimum Consolidated Liquidity. The Parent will not permit at any time the cash and Cash Equivalents (which shall include funds on deposit in any Debt Service Reserve Account (if any) valued at 50% of par) held by the Parent and its Subsidiaries to be less than the Minimum Liquidity Amount; provided that, at all times, Unrestricted Cash and Cash Equivalents included in the Minimum Liquidity Amount shall be no less than $25,000,000.
Minimum Consolidated Liquidity. Company shall not permit Consolidated Liquidity at any time (i) on or prior to September 30, 2020 to be less than $7,500,000, (ii) after September 30, 2020 but prior to the Leverage Changeover Date to be less than the greater of (x) $10,000,000 and (y) an amount equal to the product of 2.00 multiplied by the absolute value of any negative Consolidated Adjusted EBITDA for the three month period then ending, and (iii) on or after the Leverage Changeover Date to be less than the greater of (x) $5,000,000 and (y) an amount equal to the product of 3.00 multiplied by the absolute value of any negative Consolidated Adjusted EBITDA for the three month period then ending.”
7. Section 6.8 of the Note Purchase Agreement is hereby by replacing clause (i) thereof in its entirety with the following:
Minimum Consolidated Liquidity. The Borrower shall have on the last day of each fiscal quarter ending after the Restructuring Date, Consolidated Liquidity of not less than $100,000,000 plus the applicable Unpaid Debentures Amount if either the 2014 Debentures or, the 2015 Debentures or the 2018 Debentures, as applicable, have not been repaid in full as of the Unpaid Debentures Applicable Date.
Minimum Consolidated Liquidity. Company shall not permit Consolidated Liquidity on any date to be less than $9,000,000.
Minimum Consolidated Liquidity. As of the last day of any Fiscal Quarter, Consolidated Liquidity shall not be less than $75,000,000. For purposes of this Schedule 1.1(a), the following terms shall have the meanings indicated:
Minimum Consolidated Liquidity. The Lead Borrower and its Subsidiaries shall not permit Consolidated Liquidity to be less than $1,000,000 at any time.
