Common use of Minimum Liquidity Amount Clause in Contracts

Minimum Liquidity Amount. On or prior to February 20, 2019, the liquidity of Guarantor on any date of determination shall not fall below the product of 3% and the Aggregate Repurchase Price as of such date of determination. On or after February 20, 2019, the Liquidity of Guarantor on any date of determination shall not fall below the greatest of (i) the product of 5% and the Aggregate Repurchase Price as of such date of determination, (ii) $5,000,000 and (iii) any other amount of liquidity the Guarantor has covenanted to maintain in any other note, indenture, loan agreement, guaranty, swap agreement or any other contract, agreement or transaction (including, without limitation, any repurchase agreement, loan and security agreement or similar credit facility or agreement for borrowed funds).