Minimum Cash. The Company shall have on hand at all times, on the first of each calendar month, not less than $5.0 million through June 30, 2023, and $4.5 million thereafter, in an account subject to an account control agreement in favor of the Trustee subject to no other Liens other than the Permitted Liens.
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Sources: Indenture (ProSomnus, Inc.), Indenture (ProSomnus, Inc.), Indenture (ProSomnus, Inc.)
Minimum Cash. The Company shall have on hand at all times, on the first of each calendar month, not less than $5.0 million through June 30, 2023, and $4.5 million thereaftermillion, in an account (from and after October 31, 2023, subject to an account control agreement in favor of the Trustee Collateral Agent) subject to no other Liens other than the Permitted Liens.
Appears in 2 contracts
Sources: Indenture (ProSomnus, Inc.), Indenture (ProSomnus, Inc.)
Minimum Cash. The Company shall have on hand at all times, on the first of each calendar month, not less than $5.0 million through June 30, 2023, and $4.5 million thereaftermillion, in an account (from and after October 31, 2023, subject to an account control agreement in favor of the Trustee Collateral Agent) subject to no other Liens other than the Permitted Liens.
(s) A new Section 14.17 of the Indenture is ▇▇▇▇▇▇ added as follows:
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Minimum Cash. The Company shall have on hand at all times, on the first of each calendar month, not less than $5.0 million through June 30, 2023, and $4.5 million thereaftermillion, in an account (from and after October 31, 2023, subject to an account control agreement in favor of the Trustee Collateral Agent) subject to no other Liens other than the Permitted Liens.
(t) A new Section 14.17 of the Indenture is hereby added as follows:
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