Common use of Minimum Current Ratio Clause in Contracts

Minimum Current Ratio. The Borrower will not permit the ratio of its current assets to its current liabilities, determined on a consolidated basis, to be less than 1.4 to 1 as at the last day of each fiscal quarter of the Borrower.

Minimum Current Ratio. The Borrower will not permit the ratio of its current assets to its current liabilities, determined on a consolidated basis, to be less than 1.4 2.0 to 1 as at the last day of each fiscal quarter of the Borrower, commencing with the fiscal quarter ending September 30, 2001.

Minimum Current Ratio. The Beginning with the fiscal quarter ending December 31, 2006, the Borrower will not permit the ratio of its current assets to its current liabilitiesratio, determined on as of the end of a consolidated basisfiscal quarter, of (i) Consolidated Current Assets to (ii) Consolidated Current Liabilities minus Current Maturities of Long Term Indebtedness to be less than 1.4 to 1 as at the last day of each fiscal quarter of the Borrower1.00:1.00.

Minimum Current Ratio. The Borrower will not permit the ratio of its current assets to its current liabilities, determined on a consolidated basis, to be less than 1.4 1.5 to 1 as at the last day of each fiscal quarter of the Borrower.

Minimum Current Ratio. The Borrower will not permit the ratio ratio, as determined at the end of its each fiscal quarter, of current assets to its (current liabilities, determined on a consolidated basis, liabilities minus the current portion of the Advances) to be less than 1.4 to 1 as 1.10:1.00 at the last day of each fiscal quarter of the BorrowerMarch 31, 2002, 1.2:1 at June 30, 2002, 1.2:1 at September 30, 2002 and 1.3:1 at December 31, 2002.

Minimum Current Ratio. The Borrower will shall not permit permit, on the last day of any fiscal quarter, the ratio of: (i) Consolidated Current Assets to (ii) Consolidated Current Liabilities (excluding the current portion of its current assets Funded Debt to its current liabilities, determined on a consolidated basis, the extent included in Consolidated Current Liabilities) to be less than 1.4 to 1 as at the last day of each fiscal quarter of the Borrower1.25:1.00.

Minimum Current Ratio. The Borrower will not permit the ratio of its current assets to its current liabilities, determined on a consolidated basis, to be less than 1.4 2.0 to 1 as at the last day of each any fiscal quarter of the Borrower.