Example ContractsClausesMinimum Amount
Minimum Amount
Minimum Amount contract clause examples

Minimum Amount. Each request for:

In the event the Loan Parties have not achieved the Clinical Milestone on or before June 30, 2019, beginning on July 1, 2019, the Loan Parties shall maintain Unrestricted Cash in an amount greater than or equal to Ten Million Dollars ($10,000,000) plus the Minimum Cash A/P Amount; provided that the foregoing Section 7.20(a) shall cease to apply after the earlier to occur of # achievement of the Approval Milestone and # payment on or before June 30, 2019 of the Specified Prepayment.

Minimum Amount. Each such assignment shall be in a minimum amount of the lesser of Five Million Dollars ($5,000,000) of the assignor’s Commitment or Term Loans, as applicable, and interest herein, or the entire amount of the assignor’s Commitment or Term Loans, as applicable, and interest herein.

Incyte Minimum Cash Amount. Immediately upon the occurrence and continuation of the Incyte Termination Event and as of each subsequent Advance Date, Borrower shall maintain Qualified Cash in an amount greater than or equal to the Incyte Minimum Cash Amount at all times.

Minimum Amount. Each such assignment shall be in a minimum amount of the lesser of Five Million Dollars ($5,000,000) of the assignor’s Commitment and interest herein, or the entire amount of the assignor’s Commitment and interest herein.

Minimum Borrowing Amount. The aggregate principal amount of each Borrowing by the Borrowers shall not be less than the Minimum Borrowing Amount.

Minimum Amount. Each such assignment shall be in a minimum amount of the lesser of Five Million Dollars ($5,000,000) of the assignor’s Commitment and interest herein, or the entire amount of the assignor’s Commitment and interest herein.

Minimum Liquidity Amount. The Borrower shall not, on any date of determination, permit the Borrower’s Unrestricted Cash (monitored and tested quarterly as of the last day of each fiscal quarter) to be less than Ten Million Dollars ($10,000,000) (such amount being referred to herein as the “Minimum Liquidity Amount”).

Minimum Amount. Each request for:

Minimum Amount. Each such assignment shall be in a minimum amount of the lesser of Five Million Dollars ($5,000,000) of the assignor’s Commitment or Term Loans, as applicable, and interest herein, or the entire amount of the assignor’s Commitment or Term Loans, as applicable, and interest herein.

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