Common use of Current Ratio Clause in Contracts

Current Ratio. Borrower shall maintain a ratio of Current Assets to Current Liabilities of not less than 1.50 to 1.0, to be measured on a quarterly basis.

Appears in 2 contracts

Sources: Loan Agreement (Truett-Hurst, Inc.), Loan and Security Agreement (Truett-Hurst, Inc.)

Current Ratio. Borrower shall maintain a ratio of Current Assets current assets to Current Liabilities current liabilities in excess of not less than 1.50 2.0 to 1.0, to be measured on a quarterly basis; calculated at the end of each QUARTER.

Appears in 2 contracts

Sources: Loan Agreement (Pacific Aerospace & Electronics Inc), Loan Agreement (Pacific Aerospace & Electronics Inc)

Current Ratio. The Borrower shall maintain at all times a ratio of Current Assets to Current Liabilities of not less than 1.50 at least 1.40 to 1.0, to be measured on a quarterly basis.

Appears in 2 contracts

Sources: Loan Agreement (American Medical Alert Corp), Loan Agreement (American Medical Alert Corp)

Current Ratio. Borrower shall maintain a ratio of Current Assets to Current Liabilities of not less than 1.50 to 1.0, to be measured on a quarterly basis.

Appears in 2 contracts

Sources: Loan and Security Agreement (Truett-Hurst, Inc.), Loan and Security Agreement (Truett-Hurst, Inc.)

Current Ratio. The Borrower shall maintain maintain, at all times, a ratio of Current Assets to Current Liabilities of not less than 1.50 to 1.0, to be measured on a quarterly basis1.50:1.00.

Appears in 1 contract

Sources: Uncommitted Revolving Credit Facility Agreement (Multi Fineline Electronix Inc)

Current Ratio. Borrower shall will maintain a ratio of Current Assets current assets to Current Liabilities current liabilities of not less than 1.50 to 1.0, to be measured on a quarterly basis1.20:1.00.

Appears in 1 contract

Sources: Master Credit Agreement (Advanced BioEnergy, LLC)

Current Ratio. The Borrower shall will maintain a at all times the ratio of its Current Assets to Current Liabilities of at not less than 1.50 1.25 to 1.0, to be measured on a quarterly basis1.00.

Appears in 1 contract

Sources: Credit Agreement (Grow Biz International Inc)

Current Ratio. Borrower shall maintain a ratio of Current Assets to ------------- Current Liabilities of not less than 1.50 1.0 to 1.0, to be measured on a quarterly basis.;

Appears in 1 contract

Sources: Loan and Security Agreement (Utilx Corp)

Current Ratio. The Borrower shall at all times maintain a the ratio of its Current Assets to Current Liabilities of not less at a ratio which is greater than 1.50 or equal to 1.25 to 1.0, to be measured on a quarterly basis.

Appears in 1 contract

Sources: Credit Agreement (Hia Inc)

Current Ratio. Borrower shall will at all times maintain a ratio of Current Assets current assets to Current Liabilities current liabilities of not less than 1.50 to 1.0, to be measured on a quarterly basis1.50:1.0.

Appears in 1 contract

Sources: Loan Agreement (Bei Technologies Inc)

Current Ratio. The Borrower shall will maintain at all times a ratio of Current Assets current assets to Current Liabilities current liabilities of not less than 1.50 one to 1.0, to be measured on a quarterly basisone.

Appears in 1 contract

Sources: Credit Agreement (Alliance Semiconductor Corp /De/)

Current Ratio. The Borrower shall maintain a ratio of Current Assets to Current Liabilities of not less than 1.50 1.0 to 1.0, to be measured on a quarterly basis.

Appears in 1 contract

Sources: Credit Agreement (Varsity Spirit Corporation)

Current Ratio. Borrower The Borrowers shall maintain a ratio of Current Assets to Current Liabilities of not less than 1.50 0.9 to 1.0, to be measured on a quarterly basis."

Appears in 1 contract

Sources: Letter of Credit, Loan and Security Agreement and Promissory Note (Mobility Electronics Inc)

Current Ratio. Borrower shall maintain will maintain, at all times, a ratio of Current Assets (a) current assets (excluding prepaid expenses), to Current Liabilities (b) current liabilities of not less than 1.50 1.0 to 1.0, to be measured on a quarterly basis.

Appears in 1 contract

Sources: Loan Agreement (Horizon Offshore Inc)

Current Ratio. The Borrower shall shall, at all times, maintain a ratio of Current Assets to Current Liabilities of not less than 1.50 1.0 to 1.0, to be measured on a quarterly basis.

Appears in 1 contract

Sources: Credit Agreement (International PetroReal Oil CORP)

Current Ratio. Borrower shall maintain a ratio of (i) Current Assets to (ii) Current Liabilities of not less than 1.50 at least 2.00 to 1.0, to be measured on a quarterly basis1.00.

Appears in 1 contract

Sources: Modification Agreement (Etrials Worldwide Inc.)

Current Ratio. The Borrower shall at all times maintain a ratio of Current (a)Current Assets to (b) Current Liabilities of not less than 1.50 to 1.0, to be measured on a quarterly basis1.00.

Appears in 1 contract

Sources: Credit Agreement (Oreilly Automotive Inc)

Current Ratio. Borrower shall maintain a ratio of Current Assets to Current Liabilities of not less than 1.50 1.4 to 1.0, to be measured on a quarterly basis.;

Appears in 1 contract

Sources: Loan and Security Agreement (Performance Printing Corp)

Current Ratio. Borrower shall maintain a ratio of Current Assets to Current Liabilities of not less than 1.50 .5 to 1.0, to be measured on a quarterly basis.1.0 as of the last day of each fiscal quarter of Borrower;

Appears in 1 contract

Sources: Loan and Security Agreement (Organic Food Products Inc)

Current Ratio. Borrower shall will at all times maintain a ratio of Current Assets current assets to Current Liabilities current liabilities of not less than 1.50 at least 1.00 to 1.01.00, to be measured on a quarterly basisas such terms are defined by generally accepted accounting principles.

Appears in 1 contract

Sources: Loan Agreement (Arden Group Inc)

Current Ratio. The Borrower shall will maintain at all times a ratio of Current Assets to Current Liabilities of not less than 1.50 at least _ to 1.0, to be measured on a quarterly basis1.00.

Appears in 1 contract

Sources: Reimbursement, Credit and Security Agreement