Common use of Minimum Quick Ratio Clause in Contracts

Minimum Quick Ratio. The Borrower will maintain Minimum Quick Ratio as of the end of each fiscal quarter of not less than 1.40 to 1.0;

Appears in 1 contract

Sources: Credit Agreement (Genus Inc)

Minimum Quick Ratio. The Borrower will maintain Minimum its Quick Ratio determined as of at the end of each fiscal quarter of quarter, at not less than 1.40 1.50 to 1.0;1.00."

Appears in 1 contract

Sources: Credit and Security Agreement (Micro Component Technology Inc)

Minimum Quick Ratio. The Borrower will maintain Minimum shall maintain, on a consolidated basis, a Quick Ratio as of the end of not less than 1.50 to 1.0 measured at each fiscal quarter of not less than 1.40 to 1.0;end.

Appears in 1 contract

Sources: Credit Agreement (Surmodics Inc)