Quick Asset Ratio. The Borrower and the Guarantors will maintain at all times, on a consolidated basis, a Quick Asset Ratio of not less than 1.00 to 1.00, such ratio to be tested at the end of each fiscal quarter.
Appears in 3 contracts
Samples: Loan Agreement (Manchester Technologies Inc), Loan Agreement (Manchester Equipment Co Inc), Loan Agreement (Manchester Equipment Co Inc)
Quick Asset Ratio. The Borrower and the Guarantors will maintain at all times, on a consolidated basis, times maintain a Quick Asset Ratio of not less than 1.00 0.75 to 1.001.0, such ratio to be tested at the end of each fiscal quarterquarterly.
Appears in 1 contract
