Common use of Adjusted Quick Ratio Clause in Contracts

Adjusted Quick Ratio. Maintain at all times, to be tested as of the last day of each month, an Adjusted Quick Ratio of at least 1.25 to 1.0.

Appears in 2 contracts

Sources: Loan and Security Agreement (Moneylion Inc.), Loan and Security Agreement (Fusion Acquisition Corp.)

Adjusted Quick Ratio. Maintain Permit the Adjusted Quick Ratio at all timesany time, to be tested weekly and as of the last day of each month, an Adjusted Quick Ratio of at least 1.25 to 1.0be less than 1.75 to 1.00.

Appears in 2 contracts

Sources: Credit Agreement (XOOM Corp), Credit Agreement (XOOM Corp)

Adjusted Quick Ratio. Maintain at all times, to be tested as of the last day of each monthmonth and calculated on a consolidated basis for Borrower and its Subsidiaries, an Adjusted Quick Ratio of at least 1.25 equal to or greater than 1.50 to 1.0.

Appears in 1 contract

Sources: Loan and Security Agreement (Mattersight Corp)

Adjusted Quick Ratio. Maintain at all times, to be tested as of the last day of each month, to be computed on a consolidated basis, an Adjusted Quick Ratio of at least 1.25 1.20 to 1.0.

Appears in 1 contract

Sources: Loan and Security Agreement (Tremor Video Inc.)

Adjusted Quick Ratio. Maintain at all times, to be tested as of the last day of each monthcalendar quarter, an Adjusted Quick Ratio of at least 1.25 1.35 to 1.0.

Appears in 1 contract

Sources: Loan and Security Agreement (Appian Corp)

Adjusted Quick Ratio. Maintain at all times, to be tested as of the last day of each month, an Adjusted Quick Ratio of at least 1.25 to 1.01.00:1.00.” ​ and inserting in lieu thereof the following:

Appears in 1 contract

Sources: Loan Modification Agreement (Molekule Group, Inc.)

Adjusted Quick Ratio. Maintain An Adjusted Quick Ratio of at all timesleast 1.00 to 1.00, to be tested as of the last day of each month, an Adjusted Quick Ratio of at least 1.25 to 1.0.; and

Appears in 1 contract

Sources: Loan Modification Agreement (Sagent Pharmaceuticals, Inc.)