Liquidity Covenant definition
Liquidity Covenant means that the Seller will have a minimum liquidity of $10,000,000, equal to unrestricted cash or Cash Equivalents.
Liquidity Covenant means the covenant set forth in Section 7.09(b)(i).
Liquidity Covenant has the meaning specified in Section 8.4(a).
Examples of Liquidity Covenant in a sentence
For the avoidance of doubt, neither the Administrative Agent nor Collateral Agent shall be obligated to calculate or confirm the calculations of the Liquidity Covenant or in any of the financial statements of the Loan Parties.
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 6.09(b).
Liquidity Covenant as defined in Section 10.3.2.
Liquidity Covenant means that the Borrower and its Subsidiaries have Liquid Assets in an aggregate amount of at least $30,000,000.
Liquidity Covenant shall have the meaning provided in Section 11.7(a)(i).
Liquidity Covenant means the Minimum Liquidity covenant in Section 7.5(b).
Liquidity Covenant shall have the meaning assigned to such term in Section 8.19.