Liquidity definition

Liquidity means, on any date of determination, an amount equal to the sum of (i) the Unrestricted Cash Amount plus (ii) the aggregate amount of the unused revolving commitments or committed working capital lines available to the Borrower on such date (including the Revolving Commitments then available for Borrowings hereunder).

Liquidity means the amount of Unrestricted cash and Cash Equivalents of the Borrower and its Restricted Subsidiaries, plus the Revolving Commitments then in effect, minus the Aggregate Total Exposure.

Liquidity means as of any date of determination, the sum of (i) Unrestricted Cash of the Designated Company and its Restricted Subsidiaries as of such date plus (ii) unutilized and available commitments under the Revolving Credit Agreement.

Examples of Liquidity in a sentence

• If any of the Company’s securityholders are given a choice as to the form and amount of Proceeds to be received in a Liquidity Event, the Investor will be given the same choice, provided that the Investor may not choose to receive a form of consideration that the Investor would be ineligible to receive as a result of the Investor’s failure to satisfy any requirement or limitation generally applicable to the Company’s securityholders, or under any applicable laws.

• If any of the Company’s securityholders are given a choice as to the form and amount of proceeds resulting from such Liquidity Event to be received in a Liquidity Event, the investor will be given the same choice, provided that the investor may not choose to receive a form of consideration that the investor would be ineligible to receive as a result of the investor’s failure to satisfy any requirement or limitation generally applicable to the Company’s securityholders, or under any applicable laws.

• In a Liquidity Event or Dissolution Event, this Safe is intended to operate like standard non-participating Preferred Shares.

• In a Liquidity Event or Dissolution Event, this Safe is intended to operate like standard non-participating Preferred Stock.

• Risk Acknowledgement Liquidity Risk – You may not be able to sell your investment quickly – or at all.

More Definitions of Liquidity

Liquidity means with respect to any Person, the sum of (i) its unrestricted cash, plus (ii) its unrestricted Cash Equivalents, plus (iii) the aggregate amount of unused capacity available to such Person (taking into account applicable haircuts) under committed mortgage loan warehouse and servicer advance facilities for which such Person has unencumbered eligible collateral to pledge thereunder.

Liquidity means, as of any date of calculation, the sum of (a) Borrower’s cash and cash equivalents and (b) the Revolving Loan Availability.

Liquidity means a liquid investment that can be bought and sold on a public market. Liquidity also refers to how easy it is to convert an investment to cash at a reasonable price.

Liquidity means, at any time, the sum of (a) Combined Availability and (b) unrestricted cash held at such time in Deposit Accounts subject to Control Agreements.

Liquidity means, as of any date of determination, the sum of (a) the aggregate amount of unrestricted cash and Cash Equivalents owned by the Borrower or any Restricted Subsidiary and held in deposit accounts or securities accounts that are subject to Account Control Agreements granting the Collateral Agent a first priority perfected lien, plus (b) the aggregate amount of Revolving Commitments then in effect minus the Revolving Exposure of all Lenders at such time hereunder.

Liquidity means, as of any date of determination, the sum of (a) Undrawn Availability on such date, plus (b) the aggregate amount of all Qualified Cash on such date.

Liquidity means, at any time, an amount determined for the Borrower equal to the sum of unrestricted cash-on-hand and Cash Equivalent Investments of the Borrower, to the extent held in a Controlled Account located in the United States.