Minimum Liquidity Requirement definition

Minimum Liquidity Requirement has the meaning given such term in Section 5.04.
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Minimum Liquidity Requirement means as of the date the Warrant Put Notice or the Share Put Notice, as applicable, is delivered either (x) the average trading volume of the Common Stock on the Principal Trading Market has been equal to or greater than 150,000 shares (as appropriately adjusted for the types of events contemplated by Section 3(a)) during the thirty (30) Trading Days preceding such date, or (y) the aggregate Current Market Price on such date of the then outstanding shares of Common Stock equals or exceeds $75,000,000.
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Minimum Liquidity Requirement as defined in Section 6.7(b).”
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Examples of Minimum Liquidity Requirement in a sentence

  • For purposes of this requirement, an action “necessary to carry out the purpose of this section” under 12 U.S.C. § 1831o(e)(5) shall include restoration of the Bank’s capital and liquidity to levels that comply with the Minimum Capital Requirement and the Minimum Liquidity Requirement, and any other action deemed advisable by the OCC to address the Bank’s capital or liquidity deficiency or the safety and soundness of its operations.

  • If there was no pro rata redemption under the SRP during the Redemption Period, the Sponsor Parties may only redeem an amount that causes the Minimum Liquidity Requirement to still be met.

  • In the event that the General Partner deems that the Redemption Requirements have not been met, then the Sponsor Parties may only redeem their respective Partnership Unit Balances up to the lesser of (A) whichever is the lower pro rata basis within the Redemption Period provided to the General Partner’s common stockholders requesting redemption of REIT Shares under the SRP, or (B) an amount that causes the Minimum Liquidity Requirement to still be met.

  • If the General Partner deems that the Redemption Requirements have not been met and there was no pro rata redemption under the SRP during the Redemption Period, the Sponsor Parties may only redeem an amount that causes the Minimum Liquidity Requirement to still be met.

  • You will also be eligible to receive long-term performance awards and restricted share awards under the terms of the 1990 Long-Term Incentive Plan (or any successor thereto) in each year in which such awards are made to executive officers generally.


More Definitions of Minimum Liquidity Requirement

Minimum Liquidity Requirement. Section 7.13(b) “New Subsidiary” Section 6.10
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Minimum Liquidity Requirement means (i) cash and cash equivalents other than Restricted Cash and (ii) Availability in an aggregate amount of $30 million.
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Minimum Liquidity Requirement means PipeBox Investments LLC shall have received cash proceeds for its own account in an amount of at least $2,400,000,000.
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Minimum Liquidity Requirement is hereby added to Section 1.01 in the correct alphabetical order:
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Minimum Liquidity Requirement has the meaning given to such term in Section 7.01 (Financial Covenants).
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Minimum Liquidity Requirement means Cash on the balance sheet of, or available to, the Reorganized Debtors of not less than $5,000,000 on the Effective Date.
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Minimum Liquidity Requirement on any date of determination, the requirement that excess of (a) the sum of (x) the cash and Cash Equivalents held by the Borrower and its Subsidiaries on such date plus (y) the aggregate Available Revolving Credit Commitment of all the Lenders on such date, assuming that such aggregate Available Revolving Credit Commitment may be borrowed by the Borrower in compliance with Section 7.1 minus (b) the aggregate amount of Restricted Cash on such date, exceed an amount equal to $25,000,000.
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