Common use of Minimum Liquidity Compliance Clause in Contracts

Minimum Liquidity Compliance. The Administrative Agent shall have received evidence reasonably satisfactory to it that, immediately after giving effect to the Borrowing on the Closing Date, the Borrower will be in compliance with the covenant set forth in Section 10.01.

Appears in 4 contracts

Samples: Credit Agreement (Pear Therapeutics, Inc.), Credit Agreement (Pear Therapeutics, Inc.), Credit Agreement (Thimble Point Acquisition Corp.)

AutoNDA by SimpleDocs

Minimum Liquidity Compliance. The Administrative Agent shall have received evidence reasonably satisfactory to it that, immediately after giving effect to the Borrowing borrowing on the Closing Date, the Borrower will be in compliance with the covenant set forth in Section 10.01.

Appears in 2 contracts

Samples: Credit Agreement and Guaranty (ArcherDX, Inc.), Credit Agreement and Guaranty (ArcherDX, Inc.)

Minimum Liquidity Compliance. The Administrative Agent shall have received evidence reasonably satisfactory to it that, both immediately before and after giving effect to the Borrowing on the Closing Tranche 3 Borrowing Date, the Borrower will be is in compliance with the covenant set forth in Section 10.01.

Appears in 2 contracts

Samples: Credit Agreement and Guaranty (Adma Biologics, Inc.), Credit Agreement and Guaranty

Minimum Liquidity Compliance. The Administrative Agent shall have received evidence reasonably satisfactory to it that, immediately after giving effect to the Borrowing on the Closing Date, the Borrower Obligors will be in compliance with the covenant set forth in Section 10.01.

Appears in 1 contract

Samples: Credit Agreement and Guaranty (Foamix Pharmaceuticals Ltd.)

Minimum Liquidity Compliance. The Administrative Agent shall have received evidence reasonably satisfactory to it that, both immediately before and after giving effect to the Borrowing on the Closing Date, the Borrower will be is in compliance with the covenant set forth in Section 10.01.

Appears in 1 contract

Samples: Credit Agreement and Guaranty (Adma Biologics, Inc.)

AutoNDA by SimpleDocs

Minimum Liquidity Compliance. The Administrative Agent shall have received evidence reasonably satisfactory to it that, immediately after giving effect to the Borrowing on the Closing Date, the Borrower will be in compliance with the covenant set forth in Section 10.01.

Appears in 1 contract

Samples: Credit Agreement and Guaranty (Xeris Biopharma Holdings, Inc.)

Minimum Liquidity Compliance. The Administrative Agent shall have received evidence reasonably satisfactory to it that, immediately after giving effect to the Borrowing on the Closing Restatement Date, the Borrower will be in compliance with the covenant set forth in Section 10.01.. (h)

Appears in 1 contract

Samples: Credit Agreement (Xeris Biopharma Holdings, Inc.)

Minimum Liquidity Compliance. The Administrative Agent shall have received evidence reasonably satisfactory to it that, both immediately before and after giving effect to the Borrowing on the Closing Delayed Draw Date, the Borrower will be is in compliance with the covenant set forth in Section 10.01.

Appears in 1 contract

Samples: Credit Agreement and Guaranty (Adma Biologics, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.