Common use of Minimum Adjusted Quick Ratio Clause in Contracts

Minimum Adjusted Quick Ratio. Borrower shall not permit its minimum Adjusted Quick Ratio at any time, but tested monthly as of the end of each month, to be less than 1.25 to 1.00.

Appears in 2 contracts

Sources: Loan and Security Agreement (Picis Inc), Loan and Security Agreement (Picis Inc)