Minimum Liquidity Threshold shall have the meaning assigned to such term in Section 6.10(a).
Minimum Liquidity Threshold means that, as of the Effective Date, the sum of (i) all cash and cash equivalents on hand for the Debtors and (ii) undrawn availability under the New Revolving Exit Facility, shall not be less than $25,000,000.
Minimum Liquidity Threshold means, subject to the consent of the Credit Agreement Primary Agent (not to be unreasonably withheld), $30 million, or such other amount determined by the Debtors with the consent of the Credit Agreement Primary Agent (not to be unreasonably withheld) on or before the Confirmation Hearing.
Examples of Minimum Liquidity Threshold in a sentence
Permit the Liquidity, as of the end of each Business Day, to be less than the Minimum Liquidity Threshold.
More Definitions of Minimum Liquidity Threshold
Minimum Liquidity Threshold means $200,000,000.
Minimum Liquidity Threshold means that, as of the Effective Date, the Debtors balance sheet cash, excluding availability under the Exit Facility (if any), shall not be less than $4,000,000.
Minimum Liquidity Threshold means, with respect to any Collateral Obligation, the meaning of “Minimum Liquidity Threshold” or any comparable definition in the Underlying Instrument for each such Loan, and in any case that “Minimum Liquidity Threshold” or such comparable definition is not defined in such Underlying Instrument, the amount of Total Liquidity to be held by the related obligor that was assigned by the Facility Agent at acquisition, as calculated by the Facility Agent in good faith.
Minimum Liquidity Threshold as of any date of determination, an amount equal to the sum of (a) $75,000,000 plus (b) the Existing Convertible Notes Redemption Amount as of such date.
Minimum Liquidity Threshold means, as of any Subsequent Determination Date, the sum of (i) $100 million plus (ii) any amounts committed to be paid by the Issuer or any of its Restricted Subsidiaries as of such Subsequent Determination Date on acquisitions, Investments or capital expenditures that have not yet been paid and which are intended to be paid from cash or Cash Equivalents on hand.
Minimum Liquidity Threshold has the meaning set forth in the Fee Letter.
Minimum Liquidity Threshold has the meaning assigned to such term in Section 9.06(q).