Common use of Minimum Adjusted Quick Ratio Clause in Contracts

Minimum Adjusted Quick Ratio. Maintain at all times, but tested monthly as of the last day of each month, an Adjusted Quick Ratio greater than or equal to 1.25 to 1.00.”

Appears in 2 contracts

Samples: Loan and Security Agreement (Sumo Logic, Inc.), Loan and Security Agreement (Sumo Logic, Inc.)

AutoNDA by SimpleDocs

Minimum Adjusted Quick Ratio. Maintain at all times, but tested monthly quarterly as of the last day of each monthquarter, an Adjusted Quick Ratio greater than or equal to 1.25 to 1.00.

Appears in 1 contract

Samples: Loan and Security Agreement (Sumo Logic, Inc.)

Minimum Adjusted Quick Ratio. Maintain at all times, but tested monthly Tested as of the last day of each month, an Adjusted Quick Ratio greater of not less than or equal to 1.25 to 1.00.

Appears in 1 contract

Samples: Loan and Security Agreement (Adept Technology Inc)

AutoNDA by SimpleDocs

Minimum Adjusted Quick Ratio. Maintain at all times, but tested monthly Tested as of the last day of each month, an Adjusted Quick Ratio greater of not less than or equal 1.4 to 1.25 to 1.001.0.

Appears in 1 contract

Samples: Loan and Security Agreement (Adept Technology Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.