Current Liquidity. Maintain a minimum liquidity of $5,000,000. Liquidity shall include availability under the lines of credit and ATM equity shelf offering, in accordance with the universal shelf registration statement on Form S-3 filed April 11, 2018 and the prospectus supplement filed with the SEC on May 10, 2018 which allow Borrower to issue and sell up to $30,000,000 of its common stock.
Appears in 1 contract
Sources: Revolving Line of Credit Loan Agreement (Griffin Industrial Realty, Inc.)
Current Liquidity. Maintain a minimum liquidity of $5,000,000. Liquidity shall include ash, cash equivalents, short term investments, and availability under the lines of credit and under any “ATM equity shelf offering”, in accordance with the any universal shelf registration statement on Form S-3 filed April 11hereafter which will allow INDUS, 2018 and the prospectus supplement filed with the SEC on May 10, 2018 which allow Borrower Inc. to issue and sell up to $30,000,000 of its common stock..
Appears in 1 contract
Sources: Revolving Line of Credit Loan Agreement (Indus Realty Trust, Inc.)
Current Liquidity. Maintain a minimum liquidity of $5,000,000. Liquidity shall include cash, cash equivalents, short term investments, and availability under the lines of credit and under the “ATM equity shelf offering”, in accordance with the universal shelf registration statement on Form S-3 filed April 11, 2018 and the prospectus supplement filed with the SEC on May 10, 2018 which allow Borrower ▇▇▇▇▇▇▇ to issue and sell up to $30,000,000 30MM of its common stock.” The following additional subsection (f) is added to Section 11 of the Loan Agreement, and the remaining subsections of Section 11 are re-lettered as items (g) through (l):
Appears in 1 contract
Sources: Revolving Line of Credit Loan Agreement (Griffin Industrial Realty, Inc.)