Common use of Current Ratio Clause in Contracts

Current Ratio. Borrowers shall not allow their ratio of consolidated Current Assets to consolidated Current Liabilities to be less than 1.0 to 1.0 as of the end of any fiscal quarter.

Appears in 4 contracts

Sources: Credit Agreement (Continental Resources Inc), Credit Agreement (Continental Resources Inc), Credit Agreement (Continental Resources Inc)

Current Ratio. Borrowers The Borrower shall not allow their permit at any time the ratio of consolidated Consolidated Current Assets to consolidated Consolidated Current Liabilities to be less than 1.0 1.10 to 1.0 as of the end of any fiscal quarter1.00 calculated on a quarterly basis.

Appears in 4 contracts

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

Current Ratio. Borrowers shall will not allow their the ratio of consolidated Consolidated Current Assets to consolidated Consolidated Current Liabilities to be less than 1.0 1.25 to 1.0 as of the end of any fiscal quarter.

Appears in 3 contracts

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

Current Ratio. Borrowers Borrower shall not allow their its ratio of consolidated Consolidated Current Assets to consolidated Consolidated Current Liabilities to be less than 1.0 to 1.0 as of the end of any fiscal quarter.

Appears in 3 contracts

Sources: Credit Agreement (Range Resources Corp), Credit Agreement (Range Resources Corp), Credit Agreement (Range Resources Corp)

Current Ratio. Borrowers shall Borrower will not allow their permit (as of the end of any Fiscal Quarter) the ratio of consolidated Consolidated Current Assets to consolidated Consolidated Current Liabilities to be less than 1.0 to 1.0 as of the end of any fiscal quarter1.25:1.00.

Appears in 2 contracts

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

Current Ratio. Borrowers Borrower shall not allow their permit the ratio of consolidated ------------- Consolidated Current Assets to consolidated Consolidated Current Liabilities Liabilities, at any time, to be less than 1.0 2.0 to 1.0 as of the end of any fiscal quarter1.0.

Appears in 1 contract

Sources: Credit Agreement (Birner Dental Management Services Inc)

Current Ratio. Borrowers shall The Borrower will not allow their permit its ratio of consolidated (i) Consolidated Current Assets to consolidated (ii) Consolidated Current Liabilities to be less than 1.0 to 1.0 as of the end of at any fiscal quartertime.

Appears in 1 contract

Sources: Senior Secured Revolving Credit Agreement (BRL Universal Equipment Corp)

Current Ratio. Borrowers shall Borrower will not allow their ratio of consolidated Current Assets to consolidated Current Liabilities to ever be less than 1.0 to 1.0 as of the end of any fiscal quarter1.0.

Appears in 1 contract

Sources: Senior Secured Loan Agreement (Southwest Royalties Holdings Inc)

Current Ratio. Borrowers shall Borrower will not allow their the ratio of consolidated Consolidated Current Assets to consolidated Consolidated Current Liabilities to be less than 1.0 1.20 to 1.0 as of the end of any fiscal quarter.

Appears in 1 contract

Sources: Credit Agreement (Newpark Resources Inc)

Current Ratio. The Borrowers shall not allow their ratio of consolidated Current Assets to consolidated Current Liabilities to be less than 1.0 to 1.0 as of the end of any fiscal quarter.

Appears in 1 contract

Sources: Credit Agreement (Delta Petroleum Corp/Co)

Current Ratio. Borrowers shall will not allow permit their ratio of consolidated Consolidated Current Assets to consolidated Consolidated Current Liabilities to be less than 1.0 to 1.0 Liabilities, as of the end of any fiscal quarterFiscal Quarter, to be less than 1.00 to 1.00.

Appears in 1 contract

Sources: Credit Agreement (Credo Petroleum Corp)

Current Ratio. Borrowers The Borrower shall not allow their permit the ratio of consolidated Consolidated Current Assets to consolidated Consolidated Current Liabilities to be less than 1.0 1.10 to 1.0 as of the end of any fiscal quarter1.0, calculated on a quarterly basis."

Appears in 1 contract

Sources: Credit Agreement (Gold Kist Inc)

Current Ratio. The Borrowers shall will not allow their permit the ratio of their current assets to their current liabilities on a consolidated Current Assets to consolidated Current Liabilities basis to be less than 1.0 1.15 to 1.0 as of 1 at the end of any fiscal quarter.

Appears in 1 contract

Sources: Credit Agreement (Rimage Corp)