Unrestricted Cash. Guarantor shall not, with respect to itself and its consolidated Subsidiaries, directly or indirectly, permit its Unrestricted Cash to be less than the greater of: (i) Thirty Million and No/100 Dollars ($30,000,000.00), and (ii) five percent (5.0%) of Guarantor’s Recourse Indebtedness;
Appears in 3 contracts
Samples: Guaranty (Granite Point Mortgage Trust Inc.), Guaranty (Granite Point Mortgage Trust Inc.), Guarantee Agreement (Granite Point Mortgage Trust Inc.)
Unrestricted Cash. Guarantor shall not, with respect to itself and its consolidated Subsidiaries, directly or indirectly, permit its Unrestricted Cash to be less than the greater of: (i) Thirty Million and No/100 Dollars ($30,000,000.00), and (ii) five percent (5.0%) of Guarantor’s Recourse Indebtedness;.
Appears in 2 contracts
Samples: Guaranty (Granite Point Mortgage Trust Inc.), Guaranty (Granite Point Mortgage Trust Inc.)
Unrestricted Cash. Guarantor shall not, with respect to itself and its consolidated Subsidiaries, directly or indirectly, permit its Unrestricted Cash to be less than the greater of: (i) Thirty Million and No/100 Dollars ($30,000,000.00), and (ii) five percent (5.0%) of Guarantor’s Recourse Indebtedness;
Appears in 1 contract
Unrestricted Cash. Guarantor shall not, with respect to itself and its consolidated Subsidiaries, directly or indirectly, permit its Unrestricted Cash to be less than the greater of: (i) Thirty Million and No/100 Dollars ($30,000,000.0030,000,000), and (ii) five percent (5.0%) of Guarantor’s Recourse Indebtedness;.
Appears in 1 contract
Samples: Guarantee Agreement (Granite Point Mortgage Trust Inc.)
Unrestricted Cash. Guarantor shall not, with respect to itself and its consolidated Subsidiaries, directly or indirectly, permit its Unrestricted Cash to be less than the greater of: (i) Thirty Million and No/100 Dollars ($30,000,000.00), and (ii) five percent (5.0%) of Guarantor’s Recourse Indebtedness;Indebtedness .
Appears in 1 contract
Unrestricted Cash. Guarantor shall not, with respect to itself and its consolidated Subsidiaries, directly or indirectly, permit its Unrestricted Cash to be less than the greater of: (i) Thirty Million and No/100 Dollars ($30,000,000.00), and (ii) five percent (5.05.00%) of Guarantor’s Recourse Indebtedness;.
Appears in 1 contract
Samples: Guarantee Agreement (Granite Point Mortgage Trust Inc.)
