Examples of Liquidity Balance in a sentence
The 7,209 square foot Community Centered Property® is 100% leased and is located in Chandler, Arizona, Balance Sheet and Liquidity Balance Sheet: Reflecting the Company’s acquisition and disposition activity during the year and selective development and redevelopment, undepreciated real estate assets were $1.06 billion and $1.05 billion at September 30, 2019 and September 30, 2018, respectively.
Balance Sheet and Liquidity Balance Sheet: Reflecting the Company’s acquisition and disposition activity during the year and selective development and redevelopment, undepreciated real estate assets were $1.06 billion and $1.05 billion at June 30, 2019 and June 30, 2018, respectively.
Commencing on the Closing Date, the Loan Parties shall maintain at all times a Minimum Liquidity Balance greater than $25,000,000.
The Administrative Agent shall have (a) received an initial Compliance Certificate, duly executed by a Financial Officer of the Borrowers, and dated as of December 19, 2013, showing a calculation of the Loan to Value Ratio and the Minimum Liquidity Balance and (b) confirmed to the Borrowers that, in its reasonable and good faith determinations, that the calculations contained in the initial Compliance Certificate are satisfactory.
The funds in the Operating Account and all of the Funds other than the General Fund shall be excluded from this calculation provided that, upon the creation of any Fund after the Closing Date, the Agent shall make a determination of the treatment of such new Fund in the calculation of the Liquidity Balance.
The Borrower shall, at all times maintain a minimum Liquidity Balance (as defined below) of $1,000,000.
Likewise, additional NT Corp Stock may be added to the Securities Account with funds not part of or proceeds of the Securities Account if and only if at such time any Minimum Liquidity Balance requirement is met and no Event of Default or Unmatured Event of Default has occurred and is continuing.
Balance Sheet and Liquidity Balance Sheet: Reflecting the Company’s disposition activity and selective development and redevelopment, undepreciated real estate assets increased $2.4 million to $1.15 billion at September 30, 2018 compared to September 30, 2017.Liquidity, Debt and Credit Facility: As of September 30, 2018, 49 of Whitestone's 57 wholly-owned properties were unencumbered by mortgage debt, with an undepreciated cost basis of $771.9 million.
After giving effect to such Borrowing, the Minimum Liquidity Balance is $_______________, as computed on Attachment D hereto, [satisfying][not satisfying] Section 7.2.4(a) of the Credit Agreement, which requires that the Minimum Liquidity Balance not be less than $25,000,000 at any time.
The Administrative Agent shall have (a) received an initial Compliance Certificate, duly executed by a Financial Officer of the Borrowers, and dated as of the date hereof, showing a calculation of the Loan to Value Ratio and the Minimum Liquidity Balance and (b) confirmed to the Borrowers that, in its reasonable and good faith determinations, that the calculations contained in the initial Compliance Certificate are satisfactory.