Required Liquidity Amount definition

Required Liquidity Amount means the amount set forth in the right hand column below determined based upon the aggregate outstanding Purchase Price from time to time set forth in the left hand column below: Outstanding Purchase Prices ($MM) Required Liquidity Amount ($MM) >15-35 6.25 >35-50 7.50

Required Liquidity Amount. Defined in the Fee Letter.

Required Liquidity Amount means the amount set forth in the right hand column below determined based upon the aggregate outstanding Purchase Price from time to time set forth in the left hand column below:

Examples of Required Liquidity Amount in a sentence

• At all times, Seller shall be obligated to maintain on deposit in the Liquidity Reserve Account an amount not less than the Required Liquidity Amount.

• Payments to be made by the Company to the Achari Put Holders under this Agreement may be made with the funds representing the Required Liquidity Amount or separate sources of cash, so long as, following the settlement of such transaction, the Required Liquidity Amount is maintained and all other terms of this Agreement are adhered to, including with respect to the timing of settlement.

• During the Liquidity Availability Period, the Company will maintain Immediately Available Cash equal to or in excess of the Required Liquidity Amount, in accordance with the terms and limitations of this Section 5.

• On the date of this Agreement, Seller shall deposit into the Liquidity Reserve Account an amount in the form of unrestricted cash equal to the Required Liquidity Amount, if any.

• Such amendments may, among other things, modify the Required Liquidity Amount and provide for the use of the Line of Credit Agreement (or other liquidity arrangement) to make such liquidity available to pay interest on the Additional Timber Notes or change the basis upon which the actual amortization of the Timber Notes is calculated.

More Definitions of Required Liquidity Amount

Required Liquidity Amount means, as of any date of determination, to the extent that EBITDA (calculated in accordance with the definition thereof) is a negative number or a loss for the most recent six-month period, the amount of such loss (as reported in a Compliance Certificate).

Required Liquidity Amount shall be deleted in their entirety from Section 2 of the MRA;

Required Liquidity Amount as of any date, is an amount equal to the aggregate, for all Classes of Timber Notes outstanding, of (i) the Note Rate for such Class multiplied by (ii) the principal amount of such Class then outstanding. The Required Liquidity Amount may be modified in connection with the issuance of Additional Timber Notes.

Required Liquidity Amount means an amount equal to the sum of:

Required Liquidity Amount means as set forth in Section 6.21.

Required Liquidity Amount means, as of any date of determination, an amount sufficient to repay in full and discharge the outstanding Convertible Notes while also maintaining not less than $35,000,000 of Revolver Availability.

Required Liquidity Amount means, as of (a) the first Payment Date, $72,366,535, and (b) as of any subsequent Payment Date, an amount equal to the sum of (1) the amount of Reserved Fixed Costs to be paid by the Asset Entities during the Applicable Period, (2) the product of (A) the amount of Indenture Trustee Fee, Back-Up Manager Fee, rating agency fees, and Servicing Fee due and payable on such Payment Date (in each case, as adjusted to be a monthly amount if the applicable fees are billed on a non-monthly basis) and (B) six, (3) the product of (A) the amount of interest on the Term Notes due and payable on such Payment Date in respect of the related Interest Accrual Period with respect to such Payment Date and (B) six and (4) the amount of interest, commitment fees and Letter of Credit Fees on any Variable Funding Notes due and payable on such Payment Date in respect of the related Interest Accrual Period with respect to such Payment Date plus the amount estimated in good faith by the Manager to be the amount of interest, commitment fees and Letter of Credit Fees payable with respect to any Variable Funding Notes for the following five Payment Dates.