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

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

Current Ratio. The Borrower Borrowers shall not permit at any time the allow their ratio of Consolidated consolidated Current Assets to Consolidated consolidated Current Liabilities to be less than 1.10 1.0 to 1.00 calculated on a quarterly basis1.0 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. 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

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

Current Ratio. The Borrower shall not permit at any time the allow its ratio of Consolidated Current Assets to Consolidated Current Liabilities to be less than 1.10 1.0 to 1.00 calculated on a quarterly basis1.0 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. 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

Sources: Credit Agreement (Birner Dental Management Services Inc)

Current Ratio. The Borrower shall Borrowers will not permit at any time the ratio of Consolidated Current Assets their current assets to Consolidated Current Liabilities their current liabilities on a consolidated basis to be less than 1.10 1.15 to 1.00 calculated on a quarterly basis1 at the end of any fiscal quarter.

Appears in 1 contract

Sources: Credit Agreement (Rimage Corp)

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

Sources: Credit Agreement (Credo Petroleum Corp)

Current Ratio. The Borrower Borrowers shall not permit at any time the allow their ratio of Consolidated consolidated Current Assets to Consolidated consolidated Current Liabilities to be less than 1.10 1.0 to 1.00 calculated on a quarterly basis1.0 as of the end of any fiscal quarter.

Appears in 1 contract

Sources: Credit Agreement (Delta Petroleum Corp/Co)

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

Sources: Credit Agreement (Newpark Resources 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

Sources: Credit Agreement (Gold Kist Inc)

Current Ratio. The Borrower shall not permit at any time allow the ratio of Consolidated its Current Assets to Consolidated its Current Liabilities to be less than 1.10 1.0 to 1.00 calculated on a quarterly basis1.0 as of the end of any fiscal quarter.

Appears in 1 contract

Sources: Credit Agreement (Panhandle Oil & Gas Inc)

Current Ratio. The Borrower shall will not permit at any time the allow their ratio of Consolidated consolidated Current Assets to Consolidated consolidated Current Liabilities to ever be less than 1.10 1.0 to 1.00 calculated on a quarterly basis1.0.

Appears in 1 contract

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