Common use of Current Ratio Clause in Contracts

Current Ratio. The Borrower shall not permit at any time the ratio of Consolidated Current Assets to Consolidated Current Liabilities to be less than 1.10 to 1.00 calculated on a quarterly basis.

Appears in 4 contracts

Samples: Credit Agreement (Gold Kist Inc), Credit Agreement (Gold Kist Inc), Credit Agreement (Gold Kist Inc)

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Current Ratio. The Borrower shall Borrowers will not permit at any time allow the ratio of Consolidated Current Assets to Consolidated Current Liabilities to be less than 1.10 1.25 to 1.00 calculated on a quarterly basis1.0 as of the end of any fiscal quarter.

Appears in 3 contracts

Samples: Credit Agreement (Atwood Oceanics Inc), Credit Agreement (Atwood Oceanics Inc), Credit Agreement (Atwood Oceanics Inc)

Current Ratio. The Borrower shall will not permit at (as of the end of any time Fiscal Quarter) the ratio of Consolidated Current Assets to Consolidated Current Liabilities to be less than 1.10 to 1.00 calculated on a quarterly basis1.25:1.00.

Appears in 2 contracts

Samples: Loan Agreement (Fairfield Manufacturing Co Inc), Loan Agreement (Fairfield Manufacturing Co Inc)

Current Ratio. The Borrower shall not permit at any time the ratio of ------------- Consolidated Current Assets to Consolidated Current Liabilities Liabilities, at any time, to be less than 1.10 2.0 to 1.00 calculated on a quarterly basis1.0.

Appears in 1 contract

Samples: Credit Agreement (Birner Dental Management Services Inc)

Current Ratio. The Borrower shall will not permit at any time the ratio of Consolidated Current Assets to Consolidated Current Liabilities to be less than 1.10 to 1.00 calculated on a quarterly basis1.50:1.00 at any time.

Appears in 1 contract

Samples: Revolving Credit Agreement (Lifeline Systems Inc)

Current Ratio. The Borrower shall will not permit at any time allow the ratio of Consolidated Current Assets to Consolidated Current Liabilities to be less than 1.10 1.20 to 1.00 calculated on a quarterly basis1.0 as of the end of any fiscal quarter.

Appears in 1 contract

Samples: Credit Agreement (Newpark Resources Inc)

Current Ratio. The Borrower shall not permit will not, at any time time, permit the ratio of Consolidated Current Assets its consolidated current assets at such time to Consolidated Current Liabilities its consolidated current liabilities at such time to be less than 1.10 1.25 to 1.00 calculated on a quarterly basis1.00.

Appears in 1 contract

Samples: Credit Agreement (Perot Systems Corp)

Current Ratio. The Borrower shall will not permit at any time the its ratio of Consolidated Current Assets to Consolidated Current Liabilities Liabilities, as of the end of any Fiscal Quarter, to be less than 1.10 1.00 to 1.00 calculated on a quarterly basis1.00.

Appears in 1 contract

Samples: Credit Agreement (Earthstone Energy Inc)

Current Ratio. The Borrower shall will not permit at any time the ratio of Consolidated Current Assets to Consolidated Current Liabilities calculated at the end of any fiscal quarter to be less than 1.10 1.00 to 1.00 calculated on a quarterly basis1.00.

Appears in 1 contract

Samples: Loan and Security Agreement (Tengasco Inc)

Current Ratio. The Borrower shall not permit at any time the ratio of ------------- Consolidated Current Assets to Consolidated Current Liabilities Liabilities, at the end of any quarterly period, to be less than 1.10 1.50 to 1.00 calculated on a quarterly basis1.00.

Appears in 1 contract

Samples: Credit Agreement (Celestial Seasonings Inc)

Current Ratio. The Borrower shall not permit at any time the ratio of Consolidated Current Assets to Consolidated Current Liabilities to be less than 1.10 to 1.00 1.0, calculated on a quarterly basis."

Appears in 1 contract

Samples: Credit Agreement (Gold Kist Inc)

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Current Ratio. The Borrower shall will not permit at any time the ratio of Consolidated Current Assets its consolidated current assets to Consolidated Current Liabilities its consolidated current liabilities to be less than 1.10 1.5 to 1.00 calculated on a quarterly basis1 at any time.

Appears in 1 contract

Samples: Credit Agreement (Industrial Rubber Products Inc)

Current Ratio. The Borrower shall will not permit at any time the ratio of Consolidated Current Assets to Consolidated Current Liabilities to be less than 1.10 1.50 to 1.00 calculated on a quarterly basisat any time.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Aviall Inc)

Current Ratio. The Borrower shall Borrowers will not permit at any time the their ratio of Consolidated Current Assets to Consolidated Current Liabilities Liabilities, as of the end of any Fiscal Quarter, to be less than 1.10 1.00 to 1.00 calculated on a quarterly basis1.00.

Appears in 1 contract

Samples: Credit Agreement (Credo Petroleum Corp)

Current Ratio. The Borrower shall will not permit at any time the ratio of Consolidated Current Assets to Consolidated Current Liabilities calculated at the end of any fiscal quarter to be less than 1.10 to 1.00 calculated on a quarterly basis1.00.

Appears in 1 contract

Samples: Loan and Security Agreement (Fieldpoint Petroleum Corp)

Current Ratio. The Borrower shall not permit at any time the ratio of Consolidated Current Assets to Consolidated Current Liabilities to be less than 1.10 1.25 to 1.00 1.0, calculated on a quarterly basis.

Appears in 1 contract

Samples: Credit Agreement (Gold Kist Inc)

Current Ratio. The Borrower shall not permit at any time the ratio of Consolidated Current Assets to Consolidated Current Liabilities to be less than 1.10 to 1.00 1.00, calculated on a quarterly basis.

Appears in 1 contract

Samples: Credit Agreement (Gold Kist Inc)

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