Minimum Liquidity Covenants Sample Clauses
Minimum Liquidity Covenants. Guarantors shall, collectively, maintain the minimum liquidity requirements set forth in Section 3.21 of the Guaranty.
Minimum Liquidity The Borrower shall not permit Liquidity at any time to be less than $50,000,000.
Liquidity Coverage Ratio The Seller shall not issue any LCR Security.
Liquidity Ratio A Liquidity Ratio of at least 1.50 to 1.00.
BORROWER COVENANTS Borrower covenants and agrees that:
Minimum Cash As determined on the first of every calendar month, the Company shall at all times keep on-hand unencumbered, unrestricted cash in an amount greater than or equal to $1,000,000.