Common use of Adjusted Current Ratio Clause in Contracts

Adjusted Current Ratio. Permit the Adjusted Current Ratio, as of the last day of any Fiscal Quarter, occurring during a period set forth below, to be less than the ratio set forth opposite such period: Period Ratio ------ ----- Closing Date through December 30, 2000 1.25 to 1.00 December 31, 2000 through December 30, 2001 1.50 to 1.00 December 31, 2001 through December 30, 2002 1.75 to 1.00 December 31, 2002 through the Maturity Date 2.25 to 1.00

Adjusted Current Ratio. Permit the Adjusted Current Ratio, as ---------------------- of the last day of any Fiscal Quarter, occurring during a period set forth below, to be less than the ratio set forth below opposite the period during which such periodFiscal Quarter ends: Period Ratio ------ ----- Closing Date through December 3031, 1999 1.35 to 1.00 January 1, 2000 1.25 to 1.00 December 31, 2000 through December 30, 2001 and thereafter 1.50 to 1.00 December 31, 2001 through December 30, 2002 1.75 to 1.00 December 31, 2002 through the Maturity Date 2.25 to 1.00