Minimum Qualified Cash Sample Clauses

Minimum Qualified Cash. Permit Qualified Cash of the Loan Parties at the end of any fiscal month following the Effective Date to be less than the sum of (i) $15,000,000 as of such date plus (ii) the Alconbury Rent Reserve as of such date.

Minimum Qualified Cash. Administrative Agent shall have received evidence reasonably satisfactory to it that the Company shall have unrestricted Cash and Cash Equivalents (other than restrictions created by the Collateral Documents) of at least $50,000,000 immediately after giving effect to any Credit Extensions to be made on the Closing Date, including the payment of all Transaction Costs required to be paid in Cash on the Closing Date.

Minimum Qualified Cash. The Loan Parties shall not permit the aggregate amount of Qualified Cash in Deposit Accounts or Securities Accounts located in the United States as of each Interest Payment Date (after giving pro forma effect to the interest payment due and payable on such date) to be less than $15,000,000. (b) Footnote 2 to Annex A to Exhibit B of the Financing Agreement is hereby amended and restated, in its entirety, as follows: Qualified Cash located in the United States as of the Interest Payment Date (after giving pro forma effect to the interest payment due and payable on such date) to not be less than $15,000,000.

Minimum Qualified Cash. At all times, Borrower shall not permit Qualified Cash to be less than $60,000,000 minus the Specified Payables.”

Minimum Qualified Cash. The Loan Parties shall not permit Qualified Cash at any time to be less than $100,000,000.

Minimum Qualified Cash. Administrative Agent shall have received evidence reasonably satisfactory to it that the Loan Parties shall have unrestricted Cash and Cash Equivalents (other than restrictions created by the Collateral Documents) of at least [***] plus the amount by which the Loan Parties’ total accounts payable (under GAAP) is not paid by the 60th day after the due date associated with such accounts (on a pro forma basis immediately after giving effect to any Credit Extensions made on the Closing Date and the payment of all Transaction Costs required to be paid in Cash).

Minimum Qualified Cash. The Loan Parties shall not permit Qualified Cash at any time after the Closing Date to be less than the sum of (a) the Required Milestone Cash Amount and (b) any outstanding Zodasiran Upfront Payment Balance.

Minimum Qualified Cash. At all times from the Loan Closing and prior to August 15, 2022, Borrower shall maintain Qualified Cash of at least $6,250,000 plus the Qualified Cash A/P Amount. Commencing August 15, 2022 and prior to the First Amendment Effective Date, Borrower shall maintain Qualified Cash of at least $10,000,000 plus the Qualified Cash A/P Amount. Commencing on the First Amendment Effective Date and at all times thereafter until ▇▇▇▇▇▇▇▇ has achieved the Equity Milestone II, Borrower shall maintain Qualified Cash of at least $2,250,000 plus the Qualified Cash A/P Amount; provided that at such time that Borrower has achieved the Equity Milestone II, and at all times thereafter, the required minimum Qualified Cash amount shall be reduced to $0.” (iv) The definition of “

Minimum Qualified Cash. Commencing March 31, 2021, and as of the last day of each fiscal quarter thereafter, maintain Qualified Cash, calculated as the daily average of Qualified Cash for the 30 days ended on such date, of not less than $3,500,000. ​