Common use of Minimum Adjusted Quick Ratio Clause in Contracts

Minimum Adjusted Quick Ratio. Tested as of the last day of each month, an Adjusted Quick Ratio of not less than 1.25 to 1.00.

Appears in 1 contract

Sources: Loan and Security Agreement (Adept Technology Inc)

Minimum Adjusted Quick Ratio. Tested as of the last day of each month, an Adjusted Quick Ratio of not less than 1.25 1.4 to 1.001.0.

Appears in 1 contract

Sources: Loan and Security Agreement (Adept Technology Inc)