Specified Consent. (a) In reliance upon the representations and warranties of each Loan Party set forth in Section 6 below and the conditions to the Specified Consent set forth in paragraph (d) below, Agent and the Lenders under the Loan Agreement party hereto, constituting the Required Lenders (both before and after the Eighth Amendment Effective Date), hereby provides the Specified Consent. (b) After giving effect to this Amendment No. 8, subject to the conditions in paragraph (d) below, the Consolidated Liquidity may be less than $25,000,000, but not less than $12,000,000, for any period of more than three (3) consecutive Business Days without triggering a Default under the Loan Agreement. For the avoidance of doubt, the Specified Consent (which may be extended by the Required Lenders in their sole discretion by e- mail) shall expire on September 20, 2024. (c) The foregoing is a limited consent. Except as expressly set forth in this Amendment No. 8, nothing in this Amendment No. 8 shall constitute a modification or alteration of the terms, conditions or covenants of the Loan Agreement or any other Loan Document, or a waiver of any other terms or provisions thereof, and the Loan Agreement and the other Loan Documents shall remain unchanged and shall continue in full force and effect, in each case as amended hereby. (d) The Specified Consent shall be subject to compliance with the condition on an ongoing basis that the Agent shall have received an amendment or consent with respect to the Intermediation Agreement to lower (whether by amendment, waiver or limited consent) the Minimum Liquidity Requirement (as defined therein) to $12,000,000 on terms (including with respect to time period) no less restrictive than those provided in this Section 3.
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Specified Consent. (a) In reliance upon the representations and warranties of each Loan Party set forth in Section 6 below and the conditions to the Specified Consent set forth in paragraph (d) below, Agent and the Lenders under the Loan Agreement party hereto, constituting the Required Lenders (both before and after the Eighth Seventh Amendment Effective Date), hereby provides the Specified Consent.
(b) After giving effect to this Amendment No. 87, subject to the conditions in paragraph (d) below, the Consolidated Liquidity may be less than $25,000,000, but not less than $12,000,00015,000,000, for any period of more than three (3) consecutive Business Days without triggering a Default under the Loan Agreement. For the avoidance of doubt, the Specified Consent (which may be extended by the Required Lenders in their sole discretion by e- e-mail) shall expire on September 2024, 2024.
(c) The foregoing is a limited consent. Except as expressly set forth in this Amendment No. 87, nothing in this Amendment No. 8 7 shall constitute a modification or alteration of the terms, conditions or covenants of the Loan Agreement or any other Loan Document, or a waiver of any other terms or provisions thereof, and the Loan Agreement and the other Loan Documents shall remain unchanged and shall continue in full force and effect, in each case as amended hereby.
(d) The Specified Consent shall be subject to compliance with the condition on an ongoing basis that the Agent shall have received an amendment or consent with respect to the Intermediation Agreement to lower (whether by amendment, waiver or limited consent) the Minimum Liquidity Requirement (as defined therein) to $12,000,000 15,000,000 on terms (including with respect to time period) no less restrictive than those provided in this Section 3.
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Specified Consent. (a) In reliance upon the representations and warranties of each Loan Party set forth in Section 6 below and the conditions to the Specified Consent set forth in paragraph (d) below, Agent and the Lenders each Lender under the Loan Agreement party hereto, constituting the Required Lenders (both before and after the Eighth Amendment Effective Date)Lenders, hereby provides the Specified Consent.
(b) After giving effect to this Amendment No. 86, subject to the conditions in paragraph (d) below, the Consolidated Liquidity may be less than $25,000,000, but not less than $12,000,00015,000,00, for any period of more than three (3) consecutive Business Days without triggering a Default under the Loan Agreement. For the avoidance of doubt, the Specified Consent (which may be extended by the Required Lenders in their sole discretion by e- mail) shall expire on September 20July 24, 2024.
(c) The foregoing is a limited consent. Except as expressly set forth in this Amendment No. 86, nothing in this Amendment No. 8 6 shall constitute a modification or alteration of the terms, conditions or covenants of the Loan Agreement or any other Loan Document, or a waiver of any other terms or provisions thereof, and the Loan Agreement and the other Loan Documents shall remain unchanged and shall continue in full force and effect, in each case as amended hereby.
(d) The Specified Consent shall be subject to compliance with the following condition on an ongoing basis that basis: the Agent shall have received an amendment or consent with respect to the Intermediation Agreement to lower (whether by amendment, waiver or limited consent) the Minimum Liquidity Requirement (as defined therein) to $12,000,000 15,000,000 on terms (including with respect to time period) no less restrictive than those provided in this Section 3.
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