Common use of Current Ratio Clause in Contracts

Current Ratio. The Borrower shall maintain at all times a ratio of Current Assets to Current Liabilities of at least 1.40 to 1.0.

Appears in 2 contracts

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

Current Ratio. The Borrower shall maintain at all times a ratio of Current Assets current assets to Current Liabilities current liabilities in excess of at least 1.40 2.0 to 1.0; 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 at least 1.40 not less than 1.50 to 1.0.

Appears in 2 contracts

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

Current Ratio. The Borrower shall will maintain at all times a ratio of Current Assets current assets to Current Liabilities current liabilities of at least 1.40 to 1.0not less than 1.20:1.00.

Appears in 1 contract

Sources: Master Credit Agreement (Advanced BioEnergy, LLC)

Current Ratio. The Borrower shall maintain at all times a ratio of (i) Current Assets to (ii) Current Liabilities of at least 1.40 2.00 to 1.01.00.

Appears in 1 contract

Sources: Modification Agreement (Etrials Worldwide Inc.)

Current Ratio. The Borrower Borrowers shall maintain at all times a ratio of Current Assets to Current Liabilities of at least 1.40 not less than 0.9 to 1.0."

Appears in 1 contract

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

Current Ratio. The Borrower shall maintain maintain, at all times times, a ratio of Current Assets to Current Liabilities of at least 1.40 to 1.0.not less than 1.50:1.00. CHANGES IN CIRCUMSTANCES

Appears in 1 contract

Sources: Uncommitted Revolving Credit Facility Agreement

Current Ratio. The Borrower shall maintain maintain, at all times times, a ratio of Current Assets to Current Liabilities of at least 1.40 to 1.0not less than 1.50:1.00.

Appears in 1 contract

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

Current Ratio. The Borrower shall will maintain at all times a ratio of Current Assets current assets to Current Liabilities current liabilities of at least 1.40 not less than one to 1.0one.

Appears in 1 contract

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

Current Ratio. The Borrower shall will maintain at all times a the ratio of its Current Assets to Current Liabilities of at least 1.40 not less than 1.25 to 1.01.00.

Appears in 1 contract

Sources: Credit Agreement (Grow Biz International Inc)

Current Ratio. The Borrower shall maintain shall, at all times times, maintain a ratio of Current Assets to Current Liabilities of at least 1.40 1.0 to 1.0.

Appears in 1 contract

Sources: Credit Agreement (International PetroReal Oil CORP)

Current Ratio. The Borrower shall maintain will at all times maintain a ratio of Current Assets current assets to Current Liabilities current liabilities of at least 1.40 to 1.0not less than 1.50:1.0.

Appears in 1 contract

Sources: Loan Agreement (Bei Technologies Inc)

Current Ratio. The Borrower shall maintain at all times maintain a ratio of Current (a)Current Assets to (b) Current Liabilities of at least 1.40 not less than 1.50 to 1.01.00.

Appears in 1 contract

Sources: Credit Agreement (Oreilly Automotive Inc)

Current Ratio. The Borrower shall maintain at all times a ratio of Current Assets to Current Liabilities of at least 1.40 not less than 1.4 to 1.0.;

Appears in 1 contract

Sources: Loan and Security Agreement (Performance Printing Corp)

Current Ratio. The Borrower shall maintain will maintain, at all times times, a ratio of Current Assets (a) current assets (excluding prepaid expenses), to Current Liabilities (b) current liabilities of at least 1.40 not less than 1.0 to 1.0.

Appears in 1 contract

Sources: Loan Agreement (Horizon Offshore Inc)

Current Ratio. The Borrower shall maintain at all times a ratio of Current Assets current assets to Current Liabilities current liabilities of at least 1.40 to 1.01.75X TO 1. For purposes hereof, "current assets" and "current liabilities" (including taxes and other proper accruals) of the Borrower shall be determined in accordance with generally accepted accounting principles and practices.

Appears in 1 contract

Sources: Loan Agreement (Allegro Microsystems Inc)

Current Ratio. The Borrower shall maintain at all times a ratio Ratio of Current Assets current assets to Current Liabilities current liabilities of at least 1.40 1.0 to 1.0.

Appears in 1 contract

Sources: Credit Agreement (Jore Corp)

Current Ratio. The Borrower shall maintain at all times a ratio of Current Assets to Current Liabilities of at least 1.40 not less than 1.0 to 1.0.

Appears in 1 contract

Sources: Credit Agreement (Varsity Spirit Corporation)

Current Ratio. The Borrower shall maintain will at all times maintain a ratio of Current Assets current assets to Current Liabilities current liabilities of at least 1.40 1.00 to 1.01.00, as 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 at least 1.40 _ to 1.01.00.

Appears in 1 contract

Sources: Reimbursement, Credit and Security Agreement

Current Ratio. The Borrower shall maintain at all times a maintain the ratio of its Current Assets to Current Liabilities of at least 1.40 a ratio which is greater than or equal to 1.25 to 1.0.

Appears in 1 contract

Sources: Credit Agreement (Hia Inc)