Accounts Receivable Turnover. Permit Accounts Receivable Turnover, calculated as of the end of each Test Period, to exceed 75 days.
Accounts Receivable Turnover. The Accounts Receivable Turnover, calculated as of the end of each fiscal quarter of the Parent for the four fiscal quarters of the Borrowers then most recently ended, is more than 75 days.
Accounts Receivable Turnover. The Provider permits the Accounts Receivable Turnover, calculated as of the end of each fiscal quarter of the Provider for the four fiscal quarters of the Provider then most recently ended, to be more than 90 days.
Accounts Receivable Turnover. The Accounts Receivable Turnover Parent, as of the end of any fiscal quarter, commencing with the fiscal quarter ending August 31, 2002, is less than 4.25.
Accounts Receivable Turnover. The Accounts Receivable Turnover Providers, as of the end of any fiscal quarter, is less than 3.50.
Accounts Receivable Turnover. Maintain on a monthly basis A/R Turnover of not greater than 75 days, wherein A/R Turnover shall be calculated as net accounts receivable divided by the product of net sales for the last three months, through and including the given period, divided by ninety. For example, if Borrower's net accounts receivable was $1,000,000, and net sales for the last three months including the given period were $2,500,000, then A/R Turnover would be calculated as $1,000,000/($2,500,000/90), the product of which would be equal to 36.00.
Accounts Receivable Turnover. Section 7.20 of the Loan Agreement is ---------------------------- hereby deleted in its entirety and the following inserted therefor:
Accounts Receivable Turnover. Commencing ---------------------------- Quarter Period with the Four ending November 30, 1994, permit the Accounts Receivable Turnover for the Four Quarter Periods ending February 28, May 31 and August 31 to be greater than 45 days, or permit the Accounts Receivable Turnover for the Four Quarter Period ending November 30 to be greater than 60 days.
Accounts Receivable Turnover. Permit the Accounts ---------------------------- Receivable Turnover (excluding Accounts Receivable arising from the IT Contract) for the Four Quarter Periods ending on the last day of each of the first 3 fiscal quarters of Borrower's fiscal year to be greater than 45 days, permit the Accounts Receivable Turnover for the Accounts Receivable arising from the IT Contract only for the Four Quarter Periods ending on the last day of each of the first 3 fiscal quarters of Borrower's fiscal year to be greater than 60 days, or permit the Accounts Receivable Turnover for the Four Quarter Period ending on the last day of Borrower's fiscal year to be greater than 60 days (including Accounts Receivable arising from the IT Contract).
Accounts Receivable Turnover. The Accounts Receivable Turnover Borrowers, as of the end of any fiscal quarter, commencing with the fiscal quarter ending August 31, 2002, is less than 4.25.
