Common use of Minimum Liquidity Amount Clause in Contracts

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. 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 the greater of (i) Seven Million Dollars ($10,000,0007,000,000.00), or (ii) an amount equal to Consolidated Interest Expense over the immediately preceding twelve month period (such greater amount being referred to herein as the “Minimum Liquidity Amount”).”

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 the greater of (i) Seven Million Dollars ($10,000,0007,000,000.00), or (ii) an amount equal to Consolidated Interest Incurred over the immediately preceding twelve month period (such greater amount being referred to herein as the “Minimum Liquidity Amount”).

Minimum Liquidity Amount. The Borrower shall not, on any date of determination, permit the 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”).