TiVo 2006 Annual Report Download - page 220

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(b) Liquidity Ratio. At all times when there any Loans outstanding or there is any accrued and unpaid interest hereunder, maintain a Liquidity
Ratio of not less than the amount set forth below for each period set forth below:
Period Minimum Liquidity Ratio
Closing Date through February 28, 2007 0.4:1.0
March 1, 2007 through May 2, 2007 0.5:1.0
May 3, 2007 through May 31, 2007 0.75:1.0
June 1, 2007 through September 30, 2007 1.0:1.0
October 1, 2007 through February 29, 2008 0.4:1.0
March 1, 2008 through May 2, 2008 0.5:1.0
May 3, 2008 through May 31, 2008 0.75:1.0
June 1, 2008 through September 30, 2008 1.0:1.0
October 1, 2008 through February 28, 2009 0.4:1.0
March 1, 2009 through May 2, 2009 0.5:1.0
May 3, 2009 through May 31, 2009 0.75:1.0
June 1, 2009 through September 30, 2009 1.0:1.0
October 1, 2009 through January 25, 2010 0.4:1.0
; provided that if at any time the sum of Eligible Commitment Contracts and Eligible Non-Commitment Contracts is less than 675,000, the following
covenant levels shall apply:
Period Minimum Liquidity Ratio
Closing Date through January 31, 2007 0.7:1.0
February 1, 2007 through February 28, 2007 0.8:1.0
March 1, 2007 through May 2, 2007 0.9:1.0
May 3, 2007 through September 30, 2007 1.25:1.0
October 1, 2007 through January 31, 2008 0.7:1.0
February 1, 2008 through February 29, 2008 0.8:1.0
March 1, 2008 through May 2, 2008 0.9:1.0
May 3, 2008 through September 30, 2008 1.25:1.0
October 1, 2008 through January 31, 2009 0.7:1.0
February 1, 2009 through February 28, 2009 0.8:1.0
March 1, 2009 through May 2, 2009 0.9:1.0
May 3, 2009 through September 30, 2009 1.25:1.0
October 1, 2009 through January 25, 2010 0.7:1.0
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