Minimum Liquidity Covenant definition
Minimum Liquidity Covenant has the meaning set forth in Section 6.2.
Minimum Liquidity Covenant has the meaning given to such term in Condition 4.14 (Minimum Liquidity Covenant).”
Minimum Liquidity Covenant means the minimum liquidity covenant of the Company set forth in Section 9(M) of the Company Senior Secured Note, taking into account the Waiver and Amendment Agreement.
Examples of Minimum Liquidity Covenant in a sentence
Commencing on the Closing Date and at all times thereafter prior to Agent's receipt of a Minimum Availability Covenant Election Notice, Borrowers shall not permit the Credit Party Liquidity at any time to be less than (a) during the Minimum Liquidity Covenant Reduction Period, $5,000,000 or (b) at all other times, $6,800,000 (the covenant set forth in this Section 6.1, the “Minimum Liquidity Covenant”).
More Definitions of Minimum Liquidity Covenant
Minimum Liquidity Covenant means the covenant set forth in Section 6.11(a).
Minimum Liquidity Covenant means the obligations of Service Provider set forth in Section 9.6;
Minimum Liquidity Covenant means the covenant set out in Schedule 3(a) of the Loan Agreement as amended by this Agreement;
Minimum Liquidity Covenant means the covenant described as (Mindestliquiditatskennzahl) in Schedule 17 to the Loan Agreement, pursuant to which AMD Saxonia has undertaken to ensure at all times from 1 July 2001 until the payment in full of all Secured Obligations, the balance standing to the credit of the Project Accounts shall be ***
Minimum Liquidity Covenant means a Liquidity of at least [***] million US dollars ($[***]), based on Supplier’s financial statements, calculated in accordance with GAAP, consistently applied.
Minimum Liquidity Covenant has the meaning given to such term in Section 4(f) of the Guaranty.
Minimum Liquidity Covenant. Borrower shall maintain (a) minimum Liquidity of $15 million as of the last day of any month and (b) a minimum balance of $5 million in the Liquidity Account at all times.