Quick Ratio. Borrower shall maintain at all times a ratio of cash, accounts receivable and marketable securities to current liabilities of not less than 1.75:1.0, as such terms are defined by generally accepted accounting principles.
Appears in 2 contracts
Samples: Logo] Loan Agreement (Gasonics International Corp), Logo] Loan Agreement (Printrak International Inc)
Quick Ratio. Borrower shall maintain at all times a ratio of cash, accounts receivable and marketable securities to current liabilities of not less than 1.75:1.01.0:1.0, as such terms are defined by generally accepted accounting principles.
Appears in 2 contracts
Samples: Loan Agreement (Safeskin Corp), Loan Agreement (Remec Inc)
Quick Ratio. Borrower shall maintain at all times a ratio of cash, accounts receivable and marketable securities to current liabilities of not less than 1.75:1.01.1:1.0, as such terms are defined by generally accepted accounting principles.
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Quick Ratio. Borrower shall maintain at all times a ratio of cash, accounts receivable and marketable securities to current liabilities of not less than 1.75:1.02.25:1.0, as such terms are defined by generally accepted accounting principlesprincipals. Bank Line and Deferred Revenues shall be included in current liabilities.
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Quick Ratio. Borrower shall maintain at all times a ratio of cash, accounts receivable and marketable securities to current liabilities of not less than 1.75:1.01.0 :1.0, as such terms are defined by generally accepted accounting principles.
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Quick Ratio. Borrower shall maintain at all times a ratio of cash, accounts receivable and marketable securities to current liabilities of not less than 1.75:1.01.5:1.0, as such terms are defined by generally accepted accounting principles.
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Samples: Loan Agreement (Remec Inc)
Quick Ratio. Borrower shall maintain at all times a ratio of cash, accounts receivable and marketable securities to current liabilities of not less than 1.75:1.0, 1.0:1.0 as such terms are defined by generally accepted accounting principles.. 4.10
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Quick Ratio. Borrower shall maintain at all times a ratio of cash, accounts receivable and marketable securities to current liabilities of not less than 1.75:1.01.70:1.0, as such terms are defined by generally accepted accounting principles.
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Quick Ratio. Borrower shall maintain at all times a ratio of unrestricted cash, accounts receivable and marketable securities to current liabilities of not less than 1.75:1.0, as such terms are defined by generally accepted accounting principles.
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Samples: Loan Agreement (P-Com Inc)
Quick Ratio. Borrower shall will maintain at all times a ratio of consolidated cash, accounts receivable and marketable securities to consolidated current liabilities of not less than 1.75:1.01.5:1.0, as such terms are defined by generally accepted accounting principles.
Appears in 1 contract
Samples: Loan Agreement (Remec Inc)