Adjusted Quick Ratio. Maintain at all times, tested as of the last day of each month, a ratio of (a) Quick Assets to (b) the sum of (i) Current Liabilities minus (ii) the current portion of Deferred Revenue, of at least 1.15 to 1.0.
Appears in 5 contracts
Sources: Loan and Security Agreement (Weave Communications, Inc.), Loan and Security Agreement (Weave Communications, Inc.), Loan and Security Agreement (Weave Communications, Inc.)
Adjusted Quick Ratio. Maintain To be maintained at all times, times and tested as of the last day of each monthquarter, a ratio of (ai) Quick Assets to (bii) the sum of (i) Current Total Liabilities minus (ii) the current portion of Deferred Revenue, of at least 1.15 2.0 to 1.0.
Appears in 1 contract
Sources: Loan and Security Agreement (Soundbite Communications Inc)