...(iv) reduce the maximum outstanding Credit Extensions under the Credit Facility to $105 million as of July 18, 2014, then down to $93 million as of August 1, 2014 and then down to $90 million as of August 15, 2014, and the Company must repay loans or other obligations under the Credit Facility to the extent the aggregate amount of such obligations exceeds the
foregoing limits as of the applicable period; (v) on or before June 27, 2014, raise cash proceeds of at least $15 million through the sale of student notes receivables; (vi) comply with additional reporting and information requirements; (vii) comply with additional cash management
requirements;...