Examples of Minimum Liquidity Amount in a sentence
Commencing on the Oaktree Date (or such later date as agreed by the Investor in its reasonable discretion), the Company Parties shall at all times thereafter maintain the Minimum Liquidity Amount in cash and/or Permitted Cash Equivalent Investments in one or more Controlled Accounts that is free and clear of all Liens, other than Liens permitted under clauses (c) and (y) of the definition of “Permitted Liens”.
The Obligors shall at all times maintain the Minimum Liquidity Amount in cash and/or Permitted Cash Equivalent Investments in, at all times after the Account Control Agreement Completion Date, one or more Controlled Accounts that is free and clear of all Liens, other than Liens granted under the Loan Documents in favor of the Administrative Agent and Liens permitted under Section 9.02(f) or Section 9.02(l).