Minimum Adjusted Quick Ratio. A quick ratio of unrestricted cash, marketable securities, and Notes Receivable (excluding those owing from Affiliates) minus bad debt reserve, to current liabilities that is not less than 0.10 to 1.00.
Appears in 1 contract
Sources: Loan and Security Agreement (Hercules Technology Growth Capital Inc)
Minimum Adjusted Quick Ratio. A quick ratio of unrestricted cash, marketable securities, and Notes Receivable (excluding those owing from Affiliatesaffiliates) minus bad debt reserve, to current liabilities that is not less than 0.10 to 1.000.10:1.00.
Appears in 1 contract
Sources: Loan and Security Agreement (Hercules Technology Growth Capital Inc)
Minimum Adjusted Quick Ratio. A quick ratio of unrestricted cash, marketable securities, and Notes Receivable (excluding those owing from Affiliatesaffiliates) minus bad debt reserve, to current liabilities that is not less than 0.10 to 1.00.
Appears in 1 contract
Sources: Loan and Security Agreement (Hercules Technology Growth Capital Inc)