Common use of Minimum Consolidated Liquidity Clause in Contracts

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. Holdings shall not permit Consolidated Liquidity to be less than (i) $500,000 750,000 at any time from and after the Fourth Second Amendment Effective Date and on or prior to December 31June 30, 2015, (ii) $750,000 1,500,000 at any time after June 30, 2015 and on or prior to Xxxxxxxx 00, 0000, (xxx) $2,000,000 at any time after December 31, 2015 and on or prior to March June 30, 2016, (iv) $2,500,000 at any time after June 30, 2016 and on or prior to December 31, 2016, and (iiiv) $1,000,000 3,000,000 at any time after March December 31, 2016.

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 7, 2020, $500,000 at any time from and after the Fourth Amendment Effective Date and on or prior to December 31, 20151,500,000, (ii) $750,000 at any time after from the First Amendment Effective Date through and including December 31, 2015 and on or prior to March 312021, 2016, $4,000,000 and (iii) at all times thereafter, $1,000,000 at any time after March 31, 2016.1,500,000. ​ (a) (e)

Minimum Consolidated Liquidity. Holdings Company shall not permit Consolidated Liquidity to be less than than: (i) $500,000 at any time from and after the Fourth Amendment Effective Date and on or prior to December 31May 12, 20152021, $9,000,000; (ii) $750,000 at any time after December 31from May 12, 2015 and on or prior 2021 to March 31, 20162022, and $12,200,000; and (iii) $1,000,000 at any time after March 31, 20162022, $9,000,0000.” Section 5.1 of the Note Purchase Agreement is hereby amended by replacing clause (a) thereof in its entirety with the following:

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 7, 2020, $500,000 at any time from and after the Fourth Amendment Effective Date and on or prior to December 31, 20151,500,000, (ii) $750,000 at any time after from the First Amendment Effective Date through and including December 31, 2015 and on or prior to March 312021, 2016, $4,000,000 and (iii) at all times thereafter, $1,000,000 at any time after March 31, 20161,500,000. 9. Section 6.8 of the Credit Agreement is hereby amended by adding the following new clause (e) as follows: