Minimum Consolidated Liquidity. The Company shall not permit Consolidated Liquidity at any time to be less than $25,000,000.
Minimum Consolidated Liquidity. Holdings shall not permit Consolidated Liquidity on any date to be less than $1,000,000.
Minimum Consolidated Liquidity. Holdings shall not permit Consolidated Liquidity at any time to be less than (i) from the period through the Closing Date through and including May [6], 2020, $1,500,000, (ii) from the First Amendment Effective Date through and including December 31, 2020, $4,000,000 and (iii) at all times thereafter, $1,500,000.
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. 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.”
Minimum Consolidated Liquidity. Company shall not permit Consolidated Liquidity at any time during each Fiscal Quarter ending on the date identified below to be less than the correlative amount indicated below: Fiscal Quarter Consolidated Liquidity June 30, 2021 $85,000,000 September 30, 2021 $65,000,000 December 31, 2021 $50,000,000 March 31, 2022 $40,000,000 June 30, 2022 $30,000,000 September 30, 2022 $30,000,000 December 31, 2022 $30,000,000 March 31, 2023 $25,000,000 June 30, 2023 $25,000,000 September 30, 2023 $25,000,000 December 31, 2023 $25,000,000 March 31, 2024 $25,000,000 June 30, 2024 $25,000,000 September 30, 2024 $25,000,000
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, as applicable, have not been repaid in full as of the Unpaid Debentures Applicable Date.
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. The Borrower and its Subsidiaries shall not permit Consolidated Liquidity to be less than $25,000,000.
Minimum Consolidated Liquidity. The Lead Borrower and its Subsidiaries shall not permit Consolidated Liquidity to be less than $1,000,000 at any time.
