Quick Ratio. Borrower shall maintain, as of the last day of each calendar month, a ratio of Quick Assets to Current Liabilities of at least 2.0 to 1.0.
Appears in 6 contracts
Samples: Loan and Security Agreement (Natural Microsystems Corp), Loan and Security Agreement (Imanage Inc), Loan and Security Agreement (Imanage Inc)
Quick Ratio. Borrower shall maintain, as of the last day of each calendar month, a ratio of Quick Assets to Current Liabilities of at least 2.0 1.5 to 1.0.
Appears in 5 contracts
Samples: Asset Purchase Agreement (Ross Technology Inc), Loan and Security Agreement (Rf Micro Devices Inc), Loan and Security Agreement (3dfx Interactive Inc)
Quick Ratio. Borrower shall maintain, as of the last day of each calendar month, a ratio of Quick Assets to Current Liabilities of at least 2.0 1.25 to 1.01.00 (2.00 to 1.00 following any termination of Bank's security interest in the Collateral pursuant to Section 4.4.).
Appears in 4 contracts
Samples: Loan and Security Agreement, Loan and Security Agreement, Loan and Security Agreement (Harmonic Inc)
Quick Ratio. Borrower shall maintain, as of the last day of each calendar month, a ratio of Quick Assets to Current Liabilities of at least 2.0 1.50 to 1.0.
Appears in 3 contracts
Samples: First Loan Modification Agreement (Synchronicity Inc), Loan and Security Agreement (Synchronicity Inc), Loan and Security Agreement (Speechworks International Inc)
Quick Ratio. Borrower shall maintain, as of the last day of each ----------- calendar month, a ratio of Quick Assets to Current Liabilities of at least 2.0 1.50 to 1.01.00.
Appears in 3 contracts
Samples: Loan and Security Agreement (Crossworlds Software Inc), Loan and Security Agreement (Crossworlds Software Inc), Loan and Security Agreement (Crossworlds Software Inc)
Quick Ratio. Borrower shall maintain, as of the last day of each calendar monthfiscal quarter, a ratio of Quick Assets to Current Liabilities of at least 2.0 1.0 to 1.0.
Appears in 3 contracts
Samples: Loan and Security Agreement (Thermatrix Inc), Loan and Security Agreement (Jetfax Inc), Loan and Security, Agreement (Jetfax Inc)
Quick Ratio. Borrower shall maintain, as of the last day of each ----------- calendar month, a ratio of Quick Assets to Current Liabilities Liabilities, excluding deferred revenue, of at least 2.0 0.8 to 1.0.
Appears in 2 contracts
Samples: Loan and Security Agreement (Jetfax Inc), Loan and Security Agreement (Jetfax Inc)
Quick Ratio. Borrower shall maintain, maintain as of the last day of each calendar monthquarter beginning July 31, 1997, a ratio of Quick Assets to Current Liabilities of at least 2.0 to 1.0.
Appears in 2 contracts
Samples: Loan Agreement (Systemsoft Corp), Loan and Security Agreement (Systemsoft Corp)
Quick Ratio. Borrower shall maintain, as of the last day of each calendar month, a ratio of an Adjusted Quick Assets to Current Liabilities Ratio of at least 2.0 2.00 to 1.01.00.
Appears in 2 contracts
Samples: Loan and Security Agreement (General Magic Inc), Loan and Security Agreement (General Magic Inc)
Quick Ratio. Borrower shall maintain, as of the last day of each calendar month, a ratio of Quick Assets to Current Liabilities less deferred revenues of at least 2.0 1.50 to 1.01.00."
Appears in 2 contracts
Samples: Loan Modification Agreement (T/R Systems Inc), Loan and Security Agreement (T/R Systems Inc)
Quick Ratio. Borrower shall maintain, as of the last day of each calendar month, commencing with the month ending December 31, 1999, a ratio of Quick Assets to Current Liabilities of at least 1.25 to 1.0. Notwithstanding the foregoing, upon the completion of a secondary public offering of the Borrower's stock, Borrower shall maintain, as of the last day of each calendar month, a ratio of Quick Assets to Current Liabilities of at least 2.0 to 1.0.
Appears in 2 contracts
Samples: First Loan Modification Agreement (Natural Microsystems Corp), Second Loan Modification Agreement (Natural Microsystems Corp)
Quick Ratio. Borrower shall maintain, as of the last day of each calendar month, a ratio of Quick Assets to Current Liabilities less deferred maintenance revenue of at least 2.0 1.25 to 1.0.
Appears in 2 contracts
Samples: Loan and Security Agreement (Objectspace Inc), Loan and Security Agreement (Mission Critical Software Inc)
Quick Ratio. Borrower shall maintain, as of the last day of each calendar month, a ratio of Quick Assets to Current Liabilities of at least 2.0 .1 to 1.0.
Appears in 2 contracts
Samples: Loan and Security Agreement (Physicians Insurance Co of Ohio), Loan and Security Agreement (Pc Quote Inc)
Quick Ratio. Borrower shall maintain, as of the last day of each calendar month, a ratio of Quick Assets to Current Liabilities of at least 2.0 1.25 to 1.01.00.
Appears in 2 contracts
Samples: Loan and Security Agreement (Novatel Wireless Inc), Loan and Security Agreement (Tegal Corp /De/)
Quick Ratio. Borrower shall maintain, as of the last day of each calendar month, a ratio of Quick Assets to Current Liabilities of at least 2.0 *** to 1.0*** .
Appears in 2 contracts
Samples: Loan and Security Agreement (Vista Medical Technologies Inc), Loan and Security Agreement (Vista Medical Technologies Inc)
Quick Ratio. Borrower shall maintain, as of the last day of each calendar month, a ratio of Quick Assets to Current Liabilities less deferred revenues of at least 2.0 to 1.0.
Appears in 2 contracts
Samples: Loan and Security Agreement (T/R Systems Inc), Loan Modification Agreement (T/R Systems Inc)
Quick Ratio. Borrower shall maintain, measured as of the last day of each calendar monthquarter, a ratio of Quick Assets to Current Liabilities of at least 2.0 0.75 to 1.0.
Appears in 2 contracts
Samples: First Loan Modification Agreement (Seachange International Inc), First Loan Modification Agreement (Seachange International Inc)
Quick Ratio. Borrower shall maintain, measured as of the last day of each calendar monthquarter, a ratio of Quick Assets to Current Liabilities of at least 2.0 1.0 to 1.0.
Appears in 2 contracts
Samples: First Loan Modification Agreement (Seachange International Inc), First Loan Modification Agreement (Seachange International Inc)
Quick Ratio. Borrower shall maintain, as of the last day of each calendar monthmonth through the month ending on February 28, 2001, a ratio of Quick Assets to Current Liabilities of at least 2.0 1.25 to 1.01.00. Borrower shall maintain, as of the last day of each calendar month thereafter, a ratio of Quick Assets to Current Liabilities of at least 1.50 to 1.00.
Appears in 2 contracts
Samples: Loan and Security Agreement (Ilx Lightwave Corp), Loan and Security Agreement (Ilx Lightwave Corp)
Quick Ratio. Borrower shall maintain, as of the last day of each calendar month, a ratio of Quick Assets to Current Liabilities of at least 2.0 1.50 to 1.01.00.
Appears in 2 contracts
Samples: Loan and Security Agreement (Ilx Lightwave Corp), Loan and Security Agreement (Ilx Lightwave Corp)
Quick Ratio. Borrower shall maintain, as of the last day of each calendar month, a ratio of Quick Assets to Current Liabilities of at least 2.0 1.75 to 1.01.00.
Appears in 1 contract
Quick Ratio. Borrower shall maintain, as of the last day of each calendar monthquarter, a ratio of Quick Assets to Current Liabilities of at least 2.0 1.50 to 1.0. For purposes of the foregoing, however, Current Liabilities shall not include deferred revenues.
Appears in 1 contract
Quick Ratio. Borrower shall maintain, as of the last day of each ----------- calendar month, a ratio of Quick Assets to Current Liabilities Liabilities, excluding deferred revenue, of at least 2.0 1.0 to 1.0.
Appears in 1 contract
Samples: Loan and Security Agreement (Corsair Communications Inc)
Quick Ratio. Borrower shall maintain, as of the last day of each ----------- calendar month, quarter (and as of the last day of each calendar month when there shall be outstanding any Obligation with respect to the Committed Line) a ratio of (x) Quick Assets to (y) Current Liabilities of at least 2.0 to 1.0.
Appears in 1 contract
Quick Ratio. Borrower shall maintain, as of the last day of each calendar month, a ratio of Quick Assets to Current Liabilities of at least 2.0 1.00 to 1.0.
Appears in 1 contract
Quick Ratio. Borrower shall maintain, as of the last day of each calendar monthmonth beginning on April 30, 1998, a ratio of Quick Assets to Current Liabilities (excluding deferred revenue) of at least 2.0 2.00 to 1.01.00.
Appears in 1 contract
Quick Ratio. Borrower shall maintain, as of the last day of each calendar monthquarter, a ratio of Quick Assets to Current Liabilities of at least 2.0 1.50 to 1.01.00.
Appears in 1 contract
Quick Ratio. Borrower shall maintain, Measured as of the last day of each calendar month, Borrower shall maintain a ratio of Quick Assets to Current Liabilities of at least 2.0 1.5 to 1.0.
Appears in 1 contract
Samples: Loan and Security Agreement (Tripath Technology Inc)
Quick Ratio. Borrower shall maintain, measured quarterly as of the last day of each calendar monthquarter, a ratio of Quick Assets to Current Liabilities Liabilities, excluding deferred revenue from Current Liabilities, of at least 2.0 1.25 to 1.01.00.
Appears in 1 contract
Quick Ratio. Borrower shall maintain, as of the last day of each calendar month, beginning with the month ending October 31, 1997, a ratio of Quick Assets to Current Liabilities Liabilities, of at least 2.0 1.25 to 1.0. After the Equity Event, Borrower shall maintain, as of the last day of each fiscal quarter, a ratio of Quick Assets to Current Liabilities, of at least 1.25 to 1.0.
Appears in 1 contract
Quick Ratio. Borrower shall maintain, as of the last day of each ----------- calendar month, a ratio of Quick Assets to Current Liabilities, excluding deferred revenue, of at least 1.0 to 1.0, and a ratio of Quick Assets to Current Liabilities of at least 2.0 to 1.01.0 after the Initial Public Offering.
Appears in 1 contract
Samples: Loan Modification Agreement (Quicklogic Corporation)
Quick Ratio. Borrower shall maintain, as of the last day of each ----------- calendar month, a ratio of Quick Assets to Current Liabilities (minus deferred revenues) of at least 2.0 1.25 to 1.01.00.
Appears in 1 contract
Quick Ratio. Borrower shall maintain, as of the last day of each calendar monthquarter, a ratio of Quick Assets to Current Liabilities of at least 2.0 1.25 to 1.01.00.
Appears in 1 contract
Quick Ratio. Borrower shall maintain, as of the last day of each calendar month, a ratio of Quick Assets to Current Liabilities of at least 2.0 .50 to 1.0.
Appears in 1 contract
Quick Ratio. Borrower shall maintain, as of the last day of each calendar month, a ratio of Quick Assets to Current Liabilities Liabilities, of at least 2.0 to 1.0.the following amounts at the following times:
Appears in 1 contract
Quick Ratio. Borrower shall maintain, as of the last day of each ----------- calendar month, a ratio of Quick Assets to Current Liabilities of at least 2.0 to 1.0.
Appears in 1 contract
Samples: Loan and Security Agreement (Natural Microsystems Corp)
Quick Ratio. Borrower shall maintain, as of the last day of each calendar month, a ratio of Quick Assets to Current Liabilities of at least 2.0 1.00 to 1.01.00.
Appears in 1 contract
Quick Ratio. Borrower on a monthly basis shall maintain, as of the last day of each calendar month, a ratio of Quick Assets cash, cash equivalents and Eligible Accounts to Current Liabilities of at least 2.0 1.40 to 1.01.00.
Appears in 1 contract
Quick Ratio. Borrower shall maintain, as of the last day of each calendar month, a ratio of Quick Assets to Current Liabilities of at least 2.0 1.75 to 1.0.
Appears in 1 contract
Quick Ratio. Beginning as of January 31, 1999, Borrower shall maintain, as of the last day of each calendar month, a ratio of Quick Assets to Current Liabilities Liabilities, less deferred revenue of at least 2.0 .80 to 1.01.00.
Appears in 1 contract
Quick Ratio. Borrower shall maintain, as of the last day of each calendar month, a ratio of Quick Assets to Current Liabilities of at least 2.0 0.80 to 1.01.00.
Appears in 1 contract
Quick Ratio. Borrower shall maintain, tested as of the last day of each calendar month, a ratio of Quick Assets to Current Liabilities of at least 2.0 1.5 to 1.0.
Appears in 1 contract
Quick Ratio. Borrower shall maintain, as of the last day of each calendar monthquarter, a ratio of Quick Assets to Current Liabilities of at least 2.0 1.30 to 1.0.1.00. 6.9
Appears in 1 contract
Quick Ratio. Borrower shall maintain, as of the last day of each calendar month, a ratio of Quick Assets to Current Liabilities of at least 2.0 1.25 to 1.0. For purposes of the foregoing, however, Current Liabilities shall not include deferred revenues.
Appears in 1 contract
Samples: Loan and Security Agreement (Vista Information Solutions Inc)
Quick Ratio. Borrower shall maintain, will maintain as of the last day of each calendar month, month a ratio of Quick Assets to Current Liabilities of at least 2.0 1.25 to 1.01.00.
Appears in 1 contract
Samples: Loan and Security Agreement (Occam Networks Inc/De)
Quick Ratio. Borrower shall maintain, as of the last day of each calendar monthmonth beginning February 28, 1997, a ratio of Quick Assets to Current Liabilities of at least 2.0 1.0 to 1.0.
Appears in 1 contract
Quick Ratio. Borrower shall maintain, as of the last day of each calendar month, a ratio of Quick Assets to Current Liabilities of at least 2.0 1.0 to 1.0. For calculation purposes of this Section 6.8, Current Liabilities shall (i) exclude "deferred maintenance revenue" and (ii) include all Credit Extensions under this Loan and Security Agreement.
Appears in 1 contract
Quick Ratio. Borrower shall maintain, as of the last day of each ----------- calendar month, a ratio of Quick Assets (excluding unbilled accounts receivable) to Current Liabilities of at least 2.0 0.95 to 1.0.
Appears in 1 contract
Quick Ratio. Borrower shall maintain, as of the last day of each calendar monthmonth commencing with the month ending July 31, 1999, a ratio of Quick Assets to Current Liabilities of at least 2.0 1.50 to 1.0.
Appears in 1 contract
Quick Ratio. Borrower shall maintain, as of the last day of each calendar month, a ratio of Quick Assets to Current Liabilities Liabilities, excluding deferred revenues, of at least 2.0 1.2 to 1.0.
Appears in 1 contract
Quick Ratio. Borrower shall maintain, as of the last day of each ----------- calendar month, a ratio of Quick Assets to Current Liabilities of at least 2.0 0.60 to 1.0.
Appears in 1 contract
Samples: Revolving Loan and Security Agreement (Iprint Technologies Inc)
Quick Ratio. Borrower shall maintain, as of the last day of each calendar month, a ratio of Quick Assets to Current Liabilities of at least 2.0 .80 to 1.0.
Appears in 1 contract
Quick Ratio. Borrower shall maintain, as of the last day of each calendar month, a ratio of Quick Assets to Current Liabilities of at least 2.0 1.00 to 1.0.1.00. 6.9
Appears in 1 contract
Quick Ratio. Borrower shall maintain, as of the last day of each ----------- calendar month, a ratio of Quick Assets to Current Liabilities Liabilities, less deferred revenue, of at least 2.0 1.80 to 1.01.00.
Appears in 1 contract
Quick Ratio. Borrower shall maintain, as of the last day of each calendar month, a ratio of Quick Assets to Current Liabilities of at least 2.0 1.00 to 1.01.00.
Appears in 1 contract
Samples: Loan Modification Agreement (Alteon Websystems Inc)
Quick Ratio. Borrower shall maintain, as of the last day of each calendar month, a ratio of Quick Assets to Current Liabilities of at least 2.0 1.30 to 1.01.00, increasing to 1.50 to 1.00 upon the receipt of New Equity.
Appears in 1 contract
Quick Ratio. Borrower shall maintain, as of the last day of each ----------- calendar month, a ratio of Quick Assets to Current Liabilities less deferred revenues of at least 2.0 to 1.0.
Appears in 1 contract
Samples: Loan and Security Agreement (Astea International Inc)
Quick Ratio. Borrower shall maintain, as of the last day of each calendar monthquarter, a ratio of Quick Assets to Current Liabilities of at least 2.0 to 1.0.
Appears in 1 contract
Samples: Loan Agreement (Advanced Technology Materials Inc /De/)
Quick Ratio. Borrower shall maintain, as of the last day of each calendar month, beginning with month ending June 30, 1997, a ratio of Quick Assets to Current Liabilities of at least 2.0 1.5 to 1.0.
Appears in 1 contract
Samples: Loan and Security Agreement (Mobius Management Systems Inc)
