Common use of Consolidated Current Ratio Clause in Contracts

Consolidated Current Ratio. Permit the Consolidated Current Ratio as at the last day of any period of four consecutive fiscal quarters of Borrower (or, if less, the number of full fiscal quarters subsequent to the Original Closing Date) to be less than 1.00:1.00.

Appears in 1 contract

Samples: Credit Agreement (Trans Energy Inc)

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Consolidated Current Ratio. Permit the Consolidated Current Ratio as at the last day of any period of four consecutive fiscal quarters of Borrower (or, if less, the number of full fiscal quarters subsequent to the Original Closing Date) to be less than 1.00:1.00.

Appears in 1 contract

Samples: Credit Agreement (Trans Energy Inc)

Consolidated Current Ratio. Permit the Consolidated Current Ratio as at the last day of any period of four consecutive fiscal quarters of Borrower (or, if less, the number of full fiscal quarters subsequent to the Original Closing Date) ), beginning with the fiscal quarter ending September 30, to be less than 1.00:1.00a ratio of 1.00 : 1.00.

Appears in 1 contract

Samples: Credit Agreement (Black Ridge Oil & Gas, Inc.)

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Consolidated Current Ratio. Permit the Consolidated Current Ratio as at of the last day of any period of four consecutive fiscal quarters of Borrower (orFiscal Quarter, if lessbeginning with the Fiscal Quarter ending September 30, the number of full fiscal quarters subsequent to the Original Closing Date) 2011, to be less than 1.00:1.001.10:1.00.

Appears in 1 contract

Samples: Term Loan Agreement (Globe Specialty Metals Inc)

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