Liquidity Ratio. Commencing with the month ending June 30, 2007, and as of the last day of each month thereafter, a Liquidity Ratio of at least 2.0 to 1.0.
Appears in 4 contracts
Samples: Term Loan and Security Agreement (A123 Systems Inc), Loan Modification Agreement (A123 Systems, Inc.), Loan Modification Agreement (A123 Systems, Inc.)
Liquidity Ratio. Commencing with the month ending June 30, 2007, and as of the last day of each month thereafter, a Liquidity Ratio of at least 2.0 to 1.0. Commencing with the month ending December 31, 2008, and as of the last day of each month thereafter, a Liquidity Ratio of at least 2.5 to 1.0.
Appears in 2 contracts
Samples: Loan Modification Agreement (A123 Systems, Inc.), Loan Modification Agreement (A123 Systems, Inc.)
Liquidity Ratio. Commencing with the month ending June 30May 31, 2007, 2015 and as of the last day of each month thereafter, a Liquidity Ratio of at least 2.0 2.00 to 1.01.00 at all times.
Appears in 1 contract
Liquidity Ratio. Commencing with the month ending June September 30, 20072015, and as of the last day of each month thereafter, a Liquidity Ratio of at least 2.0 1.00 to 1.0.1.00
Appears in 1 contract
