Common use of Barbados Clause in Contracts

Barbados. Failure to comply with the "Current Ratio" covenant set forth in Section 11.3 of the Loan Agreement dated February 16, 1996, between ScotiaBank, L.S. Wholesale, Little Switzerland, L.S. Holding and W.G.I.

Barbados. Failure to comply with the "Consolidated Current Ratio" covenant set forth in Section 11.3 of the Loan Agreement dated February 16, 1996, between ScotiaBank, L.S. Wholesale, Little Switzerland, L.S. Holding and W.G.I.W.G.I. Barbados