Liquid Assets mean Borrower's cash on hand plus Borrower's readily marketable securities.
Liquid Assets means, at any relevant time hereunder, the aggregate of:
Liquid Assets means cash, unrestricted deposits in banks, and readily marketable securities at their then market value.
Examples of Liquid Assets in a sentence
At all times during the term of the Loan, Borrower shall cause Guarantor to maintain Liquid Assets (excluding restricted cash or cash pledged to Persons other than Lender) in an amount of not less than ten percent (10%) of the outstanding principal balance of the Loan, measured on a quarterly basis as of March 31, June 30, September 30 and December 31 of each calendar year during the term of the Loan, commencing on the calendar quarter ending June 30, 2024.
More Definitions of Liquid Assets
Liquid Assets means assets in the form of cash, cash equivalents, obligations of (or fully guaranteed as to principal and interest by) the United States or any agency or instrumentality thereof (provided the full faith and credit of the United States supports such obligation or guarantee), certificates of deposit issued by a commercial bank having net assets of not less than $500 million, securities listed and traded on a recognized stock exchange or traded over the counter and listed in the National Association of Securities Dealers Automatic Quotations, or liquid debt instruments that have a readily ascertainable value and are regularly traded in a recognized financial market.
Liquid Assets means assets that can be converted to cash in 20 days. Liquid assets include but are not limited to cash on hand, checking accounts, savings accounts, stocks, bonds, cash value of life insurance, individual retirement accounts, certificates of deposit, and other investments.
Liquid Assets means the following unpledged assets:
Liquid Assets means borrower's unencumbered cash, marketable securities and accounts receivable net of reserves. The term "Cash Flow" shall mean net income after taxes, and exclusive of extraordinary items, plus depreciation and amortization. Except as provided above, all computations made to determine compliance with the requirements contained in this paragraph shall be made in accordance with generally accepted accounting principles, applied on a consistent basis, and certified by Borrower as being true and correct.
Liquid Assets means assets in the form of cash, cash deposits, available lines of credit, accounts receivables, “soft” xxxxxxx money deposits, obligations of (or fully guaranteed as to principal and interest by) the United States or any agency or instrumentality thereof (provided the full faith and credit of the United States supports such obligation or guarantee), securities listed and traded on a recognized stock exchange or traded over the counter and listed in the National Association of Securities Dealers Automatic Quotations, or liquid debt instruments that have a readily ascertainable value and are regularly traded in a recognized financial market.
Liquid Assets means all cash and cash equivalents at any time held by any of the Debtors, including all amounts from time to time held in any checking, savings, deposit or other account of any of the Debtors, all monies, proceeds or sums due or to become due therefrom or thereon and all documents (including, but not limited to passbooks, certificates and receipts) evidencing all funds and investments held in such accounts.
Liquid Assets means any equity security or bond or interest-bearing security or any other security listed on an OECD stock exchange or organized securities market to the extent that the foregoing is expressly accepted, as to the eligibility of such securities as well as to the value to be allocated thereto, by the Group other than the Group transferring the relevant Contribution to the Company.