Common use of Quick Ratio Clause in Contracts

Quick Ratio. Permit the ratio of Consolidated Quick Assets to Consolidated Current Liabilities to be less than 1.50 to 1.00 on the last day of any fiscal quarter of Borrower.

Appears in 2 contracts

Samples: Loan and Security Agreement (Vans Inc), Loan and Security Agreement (Vans Inc)

AutoNDA by SimpleDocs

Quick Ratio. Permit the ratio of Consolidated Quick Assets to Consolidated Current Liabilities to be less than 1.50 to 1.00 on the last day of any each of the fiscal quarter quarters of Borrowerthe Borrower (i) ending in June 1997 and September 1997 to be less than 0.85 to 1.00 and (ii) ending in December 1997 and thereafter to be less than 1.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Read Rite Corp /De/)

Quick Ratio. Permit the ratio of Consolidated Quick Assets to ----------- Consolidated Current Liabilities as of the last day of each fiscal quarter of Borrower to be less than 1.50 1.0 to 1.00 on the last day of any fiscal quarter of Borrower1.0.

Appears in 1 contract

Samples: Credit Agreement (P Com Inc)

Quick Ratio. Permit the ratio of Consolidated Quick Assets to Consolidated Current Quick Liabilities to be less than 1.50 to 1.00 (i) on the last day of any each of the fiscal quarter quarters of Borrowerthe Borrower ending on or about September 30, 1996 and thereafter to be less than 0.95 to 1.00."

Appears in 1 contract

Samples: Credit Agreement (Read Rite Corp /De/)

Quick Ratio. Permit the Lessee will maintain a ratio of Consolidated Quick Assets to Consolidated Current Liabilities to be of not less than 1.50 1.25 to 1.00 on as of the last day of any each fiscal quarter of Borrowerquarter.

Appears in 1 contract

Samples: Participation Agreement (Lsi Logic Corp)

Quick Ratio. Permit the ratio of Consolidated Quick Assets to Consolidated Current Liabilities to be less than 1.50 to 1.00 on the last day of any each fiscal quarter of Borrowerto be less than 0.85 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Read Rite Corp /De/)

AutoNDA by SimpleDocs

Quick Ratio. Permit the ratio of Consolidated Quick Assets to Consolidated Current Liabilities to be less than 1.50 to 1.00 (i) on the last day of any each of the fiscal quarter quarters of Borrowerthe Borrower ending on or about June 29, 1997 and thereafter to be less than 0.85 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Read Rite Corp /De/)

Quick Ratio. Permit the ratio of Consolidated Quick Assets to Consolidated Current Liabilities to be less than (i) 1.25 to 1.00 on the last day of the fiscal quarter of Borrower ending on August 31, 1998, and (ii) 1.50 to 1.00 on the last day of any fiscal quarter of BorrowerBorrower ending after August 31, 1998.

Appears in 1 contract

Samples: Loan and Security Agreement (Vans Inc)

Quick Ratio. Permit On the last day of each fiscal quarter of Tenant, the ratio of Consolidated Quick Assets to Consolidated Current Liabilities to shall not be less than 1.50 3.75 to 1.00 on the last day of any fiscal quarter of Borrower1.0.

Appears in 1 contract

Samples: Lease Agreement (Genentech Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.