Total Liquidity means, as of any date of determination for the Borrower and its Subsidiaries on a consolidated basis, the sum, without duplication, of (i) cash, (ii) cash-equivalents, and (iii) marketable securities.
Total Liquidity at any time, the sum of (a) the aggregate amount available to be borrowed by any Loan Party under this Agreement and any other revolving credit facility plus (b) the Unrestricted Cash of the Borrower and its Restricted Subsidiaries.
Total Liquidity means the sum of (a) Availability plus (b) cash of the Credit Parties reflected in their most recent financial statements.
Examples of Total Liquidity in a sentence
With respect to each full fiscal quarter commencing with the fiscal quarter ending March 31, 2025, the Company shall not permit the Total Liquidity of the Company as of the last Business Day of such fiscal quarter to be less than $40 million.
More Definitions of Total Liquidity
Total Liquidity in Section 1.1 of the Existing Servicing Agreement is hereby amended in its entirety to read as follows:
Total Liquidity means the sum at any time of (a) Cash on Hand at such time plus (b) the excess of the Revolving Credit Commitments over the Revolving Exposure of all Revolving Lenders at such time that would be permitted to be drawn as Revolving Credit Loans at such time without breaching the Financial Covenants set forth in Section 8.2.13(a) or (b) (determined as if they were in effect as of the end of the most recent fiscal quarter ended) plus (c) if a Qualified Receivables Transaction is effective at such time, the aggregate available commitments under such Qualified Receivables Transaction (as limited by the borrowing base thereunder) without breaching any financial covenants that may be applicable thereunder as of the most recently ended fiscal quarter at such time (assuming such available commitments were drawn at such quarter end).
Total Liquidity means, on any date of determination, a measure of (a) Excess Availability and (b)
Total Liquidity means, at any time, the sum of (a) the aggregate amount available to be borrowed by the Company under this Agreement plus (b) the aggregate amount of unrestricted cash and cash equivalents of the Company and its Subsidiaries at such time plus (c) the aggregate amount of items at such time that are of the type that would appear as short-term investments on the consolidated balance sheet of the Company prepared in accordance with GAAP.
Total Liquidity means, as of any date of determination, for any Person on a consolidated basis, the sum of (i) cash (comprised solely of Dollars) plus (ii) Cash Equivalents, provided, however, that, in each case as to clauses (i) and (ii), all such cash and Cash Equivalents are not subject to any Liens other than Permitted Encumbrances and other Liens permitted under this Agreement and the other Loan Documents.
Total Liquidity at any time, the sum of (a) the aggregate amount of cash and Cash Equivalents on hand of the Borrower and its Subsidiaries at such time and (b) the amount of the unused Total Revolving Commitments at such time.