Common use of Quick Ratio Clause in Contracts

Quick Ratio. Borrower shall maintain, as of the last day of each ----------- fiscal quarter during the term of this Agreement. a ratio of Quick Assets to Current Liabilities (excluding deferred revenue) of at least 1.50 to 1.00."

Appears in 2 contracts

Samples: Loan and Security Agreement (Crossworlds Software Inc), Loan and Security Agreement (Crossworlds Software Inc)

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Quick Ratio. Borrower shall maintain, as of the ----------- last day of each ----------- fiscal quarter during the term of this Agreement. quarter, a ratio of Quick Assets to Current Liabilities (excluding deferred revenue) of at least 1.50 to 1.003.00:1.0."

Appears in 2 contracts

Samples: Fourth Loan Modification Agreement (Lightbridge Inc), Loan Modification Agreement (Lightbridge Inc)

Quick Ratio. Borrower shall maintain, as of the last day of each ----------- fiscal quarter during beginning with the term of this Agreement. fiscal quarter ending August 31, 1997, a ratio of Quick Assets to Current Liabilities (excluding deferred revenue) of at least 1.50 1.10 to 1.001.0."

Appears in 1 contract

Samples: Second Loan Modification Agreement (Endogen Inc)

Quick Ratio. Borrower shall maintain, as of the last day of each ----------- fiscal quarter during the term of this Agreement. calendar quarter, a ratio of Quick Assets to Current Liabilities (excluding deferred revenue) of at least 1.50 *** to 1.00***."

Appears in 1 contract

Samples: Loan and Security Agreement (Open Market Inc)

Quick Ratio. Borrower shall maintain, measured as of the last day of ---- ------------ each ----------- fiscal quarter during the term of this Agreement. quarter, a ratio of Quick Assets to Current Liabilities (excluding deferred revenue) of at least 1.50 0.75 to 1.001.0."

Appears in 1 contract

Samples: Loan and Security Agreement (Seachange International Inc)

Quick Ratio. Borrower shall maintain, as of the last day of each ----------- fiscal quarter during the term of this Agreement. quarter, a ratio of Quick Assets to Current Liabilities (excluding deferred revenue) of at least 1.50 1.00 to 1.00."

Appears in 1 contract

Samples: Loan and Security Agreement (Vidamed Inc)

Quick Ratio. Borrower Borrowers shall maintain, as of the last day of each ----------- fiscal quarter during the term of this Agreement. quarter, a ratio of Quick Assets to Current Liabilities plus, to the extent not already included therein, all Indebtedness (excluding deferred revenueincluding without limitation any Contingent Obligations) owing from Borrowers to Bank of at least 1.50 3.00 to 1.00."

Appears in 1 contract

Samples: Loan and Security Agreement (Media Arts Group Inc)

Quick Ratio. Borrower shall maintain, as of the last day of each ----------- fiscal quarter during the term of this Agreement. quarter, a ratio of Quick Assets to Current Liabilities (excluding deferred revenue) of at least 1.50 2.00 to 1.00."

Appears in 1 contract

Samples: Loan Agreement (Centigram Communications Corp)

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Quick Ratio. Borrower shall maintain, as of the last day of each ----------- fiscal quarter during the term of this Agreement. quarter, a ratio of Quick Assets to Current Liabilities (excluding deferred revenue) of at least 1.50 1.25 to 1.001.0."

Appears in 1 contract

Samples: Loan and Security Agreement (Seeq Technology Inc)

Quick Ratio. Borrower shall maintain, as of the last day of each ----------- fiscal quarter during the term of this Agreement. quarter, a ratio of Quick Assets to Current Liabilities (excluding deferred revenue) of at least 1.50 2.0 to 1.001.0."

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Avanex Corp)

Quick Ratio. Borrower shall maintain, as of the last day of each ----------- fiscal quarter during the term of this Agreement. quarter, a ratio of Quick Assets to Current Liabilities (excluding deferred revenue) of at least not less than 1.50 to 1.00."

Appears in 1 contract

Samples: Loan and Security Agreement (Verity Inc \De\)

Quick Ratio. Borrower shall maintain, as of the last day of each ----------- fiscal quarter during the term of this Agreement. quarter, a ratio of Quick Assets to Current Liabilities (excluding deferred revenue) of at least 1.50 1.25 to 1.00."

Appears in 1 contract

Samples: Loan and Security Agreement (Ag Associates Inc)

Quick Ratio. Borrower shall maintain, as of the last day of each ----------- fiscal quarter during the term of this Agreement. quarter, a ratio of Quick Assets to Current Liabilities (excluding deferred revenue) Liabilities, of at least 1.50 1.00 to 1.00."

Appears in 1 contract

Samples: Loan and Security Agreement (Bsquare Corp /Wa)

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