Examples of Liquidity Covenant in a sentence

As soon as available, and in any case within fifteen (15) days of each month end, any and all bank, depositary and investment statements used to support compliance with Liquidity Covenant.
The City will, or cause the Board to, provide to the Initial Purchaser audited financial statements and a compliance certificate attesting that no Events of Default have occurred, including a calculation of the coverage ratio under Section 406 hereof or the Minimum Liquidity Covenant under Section 902 hereof, as applicable, within six months after the end of each fiscal year ending in and after 2021.
At all times from and after the Closing Date, the Liquidity of the Lessee shall not be less than Minimum Liquidity Covenant Level Amount.
Consequently, ERC and Erickson Construction were unable to maintain the Liquidity Covenant under the Corporate Revolver, leading to a default under the Corporate Revolver.
After May 29, 2009, the required amount of Liquid Assets returned to the amount set forth in the original Liquidity Covenant under the Corporate Revolver.

More Definitions of Liquidity Covenant

Liquidity Covenant means that the Seller will have a minimum liquidity equal to the greater of (i) $10,000,000, equal to unrestricted cash or Cash Equivalents, and (ii) the minimum liquidity or similar covenant for the Seller set forth in any Oportun Comparable Facility.

Liquidity Covenant means the financial covenant set forth in Section 6.10(b).

Liquidity Covenant means the covenant set forth in Section 7.09(b)(i).

Liquidity Covenant means that the Borrower and its Subsidiaries have Liquid Assets in an aggregate amount of at least $30,000,000.

Liquidity Covenant means the covenant of the Issuer set forth in Section 8.11.

Liquidity Covenant means the Minimum Liquidity covenant in Section 7.5(b).

Liquidity Covenant as defined in Section 6.5(a) (Liquidity Covenant).