Common use of Current Ratio Clause in Contracts

Current Ratio. Permit, as of the close of any fiscal quarter, the ratio of Current Assets to Current Liabilities to be less than 1.00 to 1.00.

Appears in 3 contracts

Sources: Credit Agreement (Primeenergy Corp), Credit Agreement (Exploration Co of Delaware Inc), Credit Agreement (Harken Energy Corp)

Current Ratio. Permit, as of the close of any fiscal quarter, Permit the ratio of Current Assets to Current Liabilities to be less than 1.00 to 1.00.1.00 at any time. Actual

Appears in 3 contracts

Sources: Credit Agreement (Rocky Mountain Energy Corp), Credit Agreement (NPC Holdings Inc), Credit Agreement (Midcoast Energy Resources Inc)

Current Ratio. Permit, as of the close of any fiscal quarter, Permit the ratio of Current Assets to Current Liabilities to be less than 1.00 to 1.001.00 at any time.

Appears in 3 contracts

Sources: Credit Agreement (Rocky Mountain Energy Corp), Credit Agreement (Midcoast Energy Resources Inc), Credit Agreement (NPC Holdings Inc)

Current Ratio. Permit, as of the close As of any fiscal quarterquarter end, permit the ratio of Current Assets to Current Liabilities to be less than 1.00 1.50 to 1.00.

Appears in 2 contracts

Sources: Credit Agreement (Ahl Services Inc), Credit Agreement (Ahl Services Inc)

Current Ratio. Permit, as of the close of any fiscal quarter, Permit the ratio of Current Assets to Current Liabilities at any time to be less than 1.00 to 1.00eight tenths-to-one (0.8-to-1) at any time.

Appears in 1 contract

Sources: Credit and Security Agreement (Group Technologies Corp)

Current Ratio. Permit, as of the close of any fiscal quarter, the ratio of Current Assets to Current Liabilities to be less than 1.00 to 1.00.. Actual to 1.0

Appears in 1 contract

Sources: Credit Agreement (Primeenergy Corp)

Current Ratio. Permit, as of the close of any fiscal quarter, the Permit its ratio of Current Assets to Current Liabilities to be less than 1.00 to 1.001.25:1 at any time.

Appears in 1 contract

Sources: Term Loan and Letter of Credit Agreement (Ogden Corp)

Current Ratio. Permit, as of the close of Permit its ratio at any fiscal quarter, the ratio date of Current Assets to Current Liabilities to be less than 1.00 to 1.001.08:1.0.

Appears in 1 contract

Sources: Mortgage Loan Warehousing Agreement (First Mortgage Corp /Ca/)

Current Ratio. Permit, as of the close of any fiscal quarter, Permit the ratio of Current Assets to Current Liabilities to be less than 1.00 to 1.00.1.00 at any time. Actual (d) Section 7.16:

Appears in 1 contract

Sources: Credit Agreement (Midcoast Energy Resources Inc)

Current Ratio. Permit, as of the close of any fiscal quarter, Permit the ratio of Current Assets to Current Liabilities on a quarterly consolidated basis to be less than 1.00 to 1.00.

Appears in 1 contract

Sources: Credit Agreement (Sheridan Energy Inc)

Current Ratio. Permit, as of the close of any fiscal quarter, Permit the ratio of Current Assets to Current Liabilities to be less than 1.00 to 1.00.1.00 at any time

Appears in 1 contract

Sources: Credit Agreement (Lucas Energy, Inc.)

Current Ratio. Permit, as of the close of any fiscal quarter, the ratio of Current Assets to Current Liabilities to be less than 1.00 to 1.00.. to 1.0

Appears in 1 contract

Sources: Credit Agreement (Primeenergy Corp)

Current Ratio. Permit, as of the close of any fiscal quarter, Permit the ratio of Current Assets to ------------- Current Liabilities to be less than 1.00 to 1.00.1.00 at any time. ___ to 1.0 (b) Section 6.17:

Appears in 1 contract

Sources: Credit Agreement (Southern Mineral Corp)

Current Ratio. Permit, as of the close of any fiscal quarter, Permit the ratio of Current Assets to Current Liabilities at any time to be less than 1.00 0.30 to 1.001.

Appears in 1 contract

Sources: Note Purchase Agreement (Max & Ermas Restaurants Inc)

Current Ratio. Permit, as of the close of any fiscal quarter, Permit the ratio of Current Assets to Current Liabilities to be less than 1.00 to 1.001.00 at anytime.

Appears in 1 contract

Sources: Credit Agreement (NPC Holdings Inc)

Current Ratio. Permit, as of the close of any fiscal quarter, Permit the ratio of Current Assets to Current Liabilities to be less than 1.00 to 1.001.00 at any time. 3.

Appears in 1 contract

Sources: Credit Agreement (Midcoast Energy Resources Inc)

Current Ratio. Permit, as of the close of any fiscal quarter, Permit the ratio of Current Assets to Current Liabilities to be less than 1.00 to 1.00.1.00 at any time..

Appears in 1 contract

Sources: Credit Agreement (Gastar Exploration LTD)

Current Ratio. Permit, as of the close of any fiscal quarter, Permit the ratio of Current Assets to Current ------------- Liabilities to be less than 1.00 to 1.001.00 at any time.

Appears in 1 contract

Sources: Credit Agreement (Southern Mineral Corp)

Current Ratio. Permit, as of the close of any fiscal quarter, Permit the ratio of Current Assets (plus Available Commitment) to Current Liabilities to be at any time less than 1.00 1.0 to 1.001.0.

Appears in 1 contract

Sources: Credit Agreement (Swift Energy Co)