Minimum Liquidity Amount. At any time during the Specified Period, neither the Company nor the Trust will permit the Liquidity Amount to be less than $150,000,000.
Minimum Liquidity Amount. Borrower shall not, on any date of determination, permit Borrower’s Unrestricted Cash (monitored and tested quarterly as of the last day of each fiscal quarter) to be less than Ten Million Dollars ($10,000,000) (such greater amount being referred to herein as the “Minimum Liquidity Amount”).
Minimum Liquidity Amount. On or prior to February 20, 2019, the liquidity of Guarantor on any date of determination shall not fall below the product of 3% and the Aggregate Repurchase Price as of such date of determination. On or after February 20, 2019, the Liquidity of Guarantor on any date of determination shall not fall below the greatest of (i) the product of 5% and the Aggregate Repurchase Price as of such date of determination, (ii) $5,000,000 and (iii) any other amount of liquidity the Guarantor has covenanted to maintain in any other note, indenture, loan agreement, guaranty, swap agreement or any other contract, agreement or transaction (including, without limitation, any repurchase agreement, loan and security agreement or similar credit facility or agreement for borrowed funds).
Minimum Liquidity Amount. Borrower’s and Guarantors’ aggregate Liquidity Amount shall, at all times, be no less than Twenty Million Dollars ($20,000,000).
Minimum Liquidity Amount. On or prior to February 20, 2019, the Liquidity (which amount shall include for the purposes of this calculation, any Hedge Margin Payments on deposit in the Disbursement Account or the Hedge Margin Payment Account, as applicable), of Guarantor on any date of determination shall not fall below the product of *% and the Aggregate Repurchase Price as of such date of determination. On or after February 20, 2019, the Liquidity of Guarantor on any date of determination shall not fall below the greatest of (i) the product of *% and the Aggregate Repurchase Price as of such date of determination, (ii) $* and (iii) any other amount of liquidity the Guarantor has covenanted to maintain in any other note, indenture, loan agreement, guaranty, swap agreement or any other contract, agreement or transaction (including, without limitation, any repurchase agreement, loan and security agreement or similar credit facility or agreement for borrowed funds).
Minimum Liquidity Amount. Beginning with April 19, 2023, Loan Parties shall not permit the Liquidity Amount as of the close of business on Wednesday of each week during such period to be less than the minimum amount set forth in the table below opposite such period and shall deliver to the Agent a Compliance Certificate executed by a Responsible Officer of Loan Parties by the close of business on Friday of each week setting forth the calculations of the Liquidity Amount for such period: June 7, 2023 and with respect to each week thereafter $4,000,000
Minimum Liquidity Amount. At any time during the Waiver Period, neither the Company nor the Parent Guarantor will permit the Liquidity Amount to be less than $150,000,000.
Section 1.2. The definition of “Material Credit Facility” set forth in Schedule A of the Note Purchase Agreement is hereby amended by amending (i) revising the existing clause (c) to clause (d) and (ii) inserting a new clause (c) into such definition as follows:
Minimum Liquidity Amount. At all times during the Security Period from and after the relevant Utilisation Date:
Minimum Liquidity Amount. On or prior to February 20, 2019, the Liquidity (which amount shall include for the purposes of this calculation, any - 5 - Hedge Margin Payments on deposit in the Disbursement Account or the Hedge Margin Payment Account, as applicable), of Guarantor on any date of determination shall not fall below the product of *% and the Aggregate Repurchase Price as of such date of determination. On or after February 20, 2019, the Liquidity of Guarantor on any date of determination shall not fall below the greatest of (i) the product of *% and the Aggregate Repurchase Price as of such date of determination,
Minimum Liquidity Amount. Guarantor on a consolidated basis shall not permit its Minimum Liquidity Amount to be less than $250,000 as measured as of the end of each fiscal quarter period, commencing December 31, 2008.
