Quick Ratio. Borrower, on a consolidated basis, shall maintain, as of the last day of each quarter a ratio of Quick Assets to Current Liabilities of at least: (i) 1.75 to 1.0 as of the quarter ending July 31, 2004, and (ii) 2.0 to 1.0 as of the quarter ending October 31, 2004 and as of the last day of each quarter thereafter.
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Samples: Loan Modification Agreement (Skillsoft Public Limited Co), Loan and Security Agreement (Skillsoft Public Limited Co), Loan Modification Agreement (Skillsoft Public Limited Co)
Quick Ratio. Borrower, on a consolidated basis, Borrower shall maintain, as of the last day of each quarter quarter, a ratio of Quick Assets to Current Liabilities of at least: (i) 1.75 least 2.50 to 1.0 as of the quarter ending July 31, 2004, and (ii) 2.0 to 1.0 as of the quarter ending October 31, 2004 and as of the last day of each quarter thereafter1.0.
Appears in 2 contracts
Samples: Loan Modification Agreement (Netscout Systems Inc), Loan Modification Agreement (Netscout Systems Inc)
Quick Ratio. Borrower, on a consolidated basis, Borrower shall maintain, as of the last day of each quarter quarter, a ratio of Quick Assets to Current Liabilities of at least: (i) 1.75 to 1.0 as of the quarter ending July 31, 2004, and (ii) least 2.0 to 1.0 as of the quarter ending October 31, 2004 and as of the last day of each quarter thereafter1.0.
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Samples: Second Loan Modification Agreement (Natural Microsystems Corp)
Quick Ratio. Borrower, on a consolidated basis, Borrower shall maintain, as of the last day of each quarter fiscal quarter, a ratio of Quick Assets to Current Liabilities of at least: (i) least 1.75 to 1.0 as of the quarter ending July 31, 2004, and (ii) 2.0 to 1.0 as of the quarter ending October 31, 2004 and as of the last day of each quarter thereafter1.0.
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Quick Ratio. BorrowerBorrower shall maintain, on as of the last day of the fiscal quarter ending September 30, 1998, a consolidated basis, ratio of quick assets to current liabilities of at least 0.80 TO 1.0; and Borrower shall maintain, as of the last day of each fiscal quarter ending thereafter, a ratio of Quick Assets quick assets to Current Liabilities current liabilities of at least: (i) 1.75 to least 1.0 as of the quarter ending July 31, 2004, and (ii) 2.0 to 1.0 as of the quarter ending October 31, 2004 and as of the last day of each quarter thereafterTO 1.0.
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Quick Ratio. Borrower, on Borrower shall maintain a consolidated basis, shall maintainratio of Quick Assets to Current Liabilities (less Deferred Revenue), as of the last day of each quarter a ratio of Quick Assets to Current Liabilities quarter, of at least: (i) 1.75 least 1.5 to 1.0 as of the quarter ending July 31, 2004, and (ii) 2.0 to 1.0 as of the quarter ending October 31, 2004 and as of the last day of each quarter thereafter1.0.
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Quick Ratio. Borrower, on a consolidated basis, Borrower shall maintain, as of the last day of each quarter month, a ratio of Quick Assets to Current Liabilities of at least: (i) 1.75 least 1.5 to 1.0 as of the quarter ending July 31, 2004, and (ii) 2.0 to 1.0 as of the quarter ending October 31, 2004 and as of the last day of each quarter thereafter1.0.
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Quick Ratio. Borrower, on a consolidated basis, shall maintain, Borrower will maintain as of the last day of each quarter fiscal month a ratio of Quick Assets to Current Liabilities of at least: (i) 1.75 least 0.70 to 1.0 as of the quarter ending July 31, 2004, and (ii) 2.0 to 1.0 as of the quarter ending October 31, 2004 and as of the last day of each quarter thereafter1.00.
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Quick Ratio. BorrowerBorrower shall maintain, on as of the last day of the fiscal quarter ending September 30, 1998, a consolidated basis, ratio of quick assets to current liabilities of at least 0.80 to 1.0; and Borrower shall maintain, as of the last day of each fiscal quarter ending thereafter, a ratio of Quick Assets quick assets to Current Liabilities current liabilities of at least: (i) 1.75 to least 1.0 as of the quarter ending July 31, 2004, and (ii) 2.0 to 1.0 as of the quarter ending October 31, 2004 and as of the last day of each quarter thereafterTO 1.0.
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Quick Ratio. Borrower, on a consolidated basis, Borrower shall maintain, maintain as of the last day of each quarter a ratio of Quick Assets to Current Liabilities Liabilities, excluding deferred revenue, of at least: (i) 1.75 to 1.0 as of the quarter ending July 31, 2004, and (ii) least 2.0 to 1.0 as of the quarter ending October 31, 2004 and as of the last day of each quarter thereafter1.0.
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Quick Ratio. Borrower, on a consolidated basis, Borrower shall maintain, maintain as of the last day of each fiscal quarter a ratio of Quick Assets to Current Liabilities of at least: least (i) 1.75 0.75 to 1.0 as of the quarter ending July 1.00 through Xxxxx 00, 0000, (xx) 1.00 to 1.00 from June 30, 2005 through December 31, 20042005, and (ii) 2.0 1.25 to 1.0 as of the quarter ending October 31, 2004 and as of the last day of each quarter 1.00 at all times thereafter.
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Quick Ratio. Borrower, on a consolidated basis, Borrower shall maintain, as of the last day of each quarter quarter, a ratio of Quick Assets to Current Liabilities of at least: (i) 1.75 least 1.50 to 1.0 as of the quarter ending July 31, 2004, and (ii) 2.0 to 1.0 as of the quarter ending October 31, 2004 and as of the last day of each quarter thereafter1.0.
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Quick Ratio. BorrowerBorrower shall have, on a consolidated basis, shall maintain, as of the last day of each quarter quarter, a ratio of Quick Assets to Current Liabilities of at least: (i) 1.75 least 1.50 to 1.0 as of 1.00. This requirement shall remain unchanged after the quarter ending July 31, 2004, and (ii) 2.0 to 1.0 as of the quarter ending October 31, 2004 and as of the last day of each quarter thereafterMerger.
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Quick Ratio. Borrower, on a consolidated basis, shall maintain, Borrower will maintain as of the last day of each quarter month a ratio of Quick Assets to Current Liabilities of at least: (i) 1.75 least 1.00 to 1.0 as of the quarter ending July 31, 2004, and (ii) 2.0 to 1.0 as of the quarter ending October 31, 2004 and as of the last day of each quarter thereafter1.00.
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