Minimum Current Ratio Clause Samples
The Minimum Current Ratio clause requires a party, typically a borrower, to maintain a specified ratio of current assets to current liabilities. This ratio is regularly monitored, often through periodic financial reporting, to ensure the party remains financially stable and capable of meeting short-term obligations. By setting a minimum threshold, the clause helps protect the other party—such as a lender—by reducing the risk of default due to liquidity problems.
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Minimum Current Ratio. The Borrower will not permit its Current Ratio to be less than 1.0 to 1.0 at any time during any fiscal year.
Minimum Current Ratio. On a consolidated basis with its subsidiaries, Borrower shall maintain at al times a minimum Current Ratio of not less than 1.20 to 1.00.
Minimum Current Ratio. The Borrower will not permit the ratio, determined as of the end of each fiscal quarter, of current assets to current liabilities to be less than 1.50 to 1.00.
Minimum Current Ratio. Permit the Current Ratio at the end of any fiscal quarter to be less than 1.00 to 1.00.
Minimum Current Ratio. Seller shall not permit the Current Ratio of Seller (and, if applicable, its Subsidiaries, on a consolidated basis), computed as of the end of each calendar month, to be less than the ratio specified in Annex 1.
Minimum Current Ratio. The Borrower will not, as of the last day of any Fiscal Quarter (commencing with the Fiscal Quarter ending June 30, 2018), permit the Current Ratio to be less than 1.00 to 1.00.
Minimum Current Ratio. The Borrower shall maintain a minimum ratio of Consolidated Current Assets divided by Consolidated Current Liabilities (all computed in accordance with generally accepted accounting principles consistently applied), measured as at the end of each of Borrower's fiscal quarters, of not less than 1.75 to 1;
Minimum Current Ratio. I will maintain at all times a ratio of current assets to current liabilities, determined under consistently applied generally accepted accounting principles, of 1.1:1 or more, tested quarterly.
Minimum Current Ratio. Maintain a minimum Current Ratio, on a consolidated basis, equal to or greater than 1.35 to 1.0 measured at the end of each Fiscal Quarter.
Minimum Current Ratio. Borrower shall maintain a ratio of Current Assets to Current Liabilities of at least 1.25 to 1.00, measured on a quarterly basis.