Common use of Consolidated Current Ratio Clause in Contracts

Consolidated Current Ratio. Permit the ratio of Consolidated Current Assets to Consolidated Current Liabilities as of the end of any Fiscal Quarter of the Borrower to be less than 1.00 to 1.00.

Appears in 2 contracts

Samples: Credit Agreement (NGAS Resources Inc), Credit Agreement (NGAS Resources Inc)

AutoNDA by SimpleDocs

Consolidated Current Ratio. Permit the The ratio of Consolidated Current Assets to Consolidated Current Liabilities as of the end last day of any Fiscal Quarter of the Borrower to each fiscal quarter shall not be less than 1.00 1.75 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Plasti Line Inc /Tn/)

AutoNDA by SimpleDocs

Consolidated Current Ratio. Permit the ratio of Consolidated Current Assets to Consolidated Current Liabilities as of the end of any Fiscal Quarter of the Borrower Borrower, beginning with the Fiscal Quarter ending September 30, 2009, to be less than 1.00 to 1.00.”

Appears in 1 contract

Samples: Credit Agreement (NGAS Resources Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.