Common use of Quick Ratio Clause in Contracts

Quick Ratio. A ratio of Quick Assets to Current Liabilities plus long term Indebtedness in favor of Bank, less deferred revenue, at least 1.5 to 1.0.

Quick Ratio. A ratio of (i) Quick Assets to (ii) Current Liabilities Liabilities, plus long term Indebtedness in favor to Bank and outstanding letters of Bank, less credit under the Committed Revolving Line minus deferred revenue, revenue of at least 1.5 2.00 to 1.01.00.

Quick Ratio. A ratio of Quick Assets to Current Liabilities plus long term all outstanding Indebtedness in favor owed by Borrower to Bank of Bank, less deferred revenue, at least 1.5 2.00 to 1.01.00.

Quick Ratio. A ratio of Quick Assets to Current Liabilities plus long term Indebtedness in favor of Bank, less deferred revenue, at least 1.5 1.25 to 1.01.00. For calculation purposes, the amount of outstanding Letters of Credit issued under the Committed Revolving Line are excluded.

Quick Ratio. A ratio of (i) Quick Assets to (ii) Current Liabilities Liabilities, plus long term Indebtedness in favor to Bank and outstanding letters of Bank, less credit under the Committed Revolving Line minus deferred revenue, revenue of at least 1.5 1.75 to 1.01.00.

Quick Ratio. A ratio of Quick Assets to Current Liabilities liabilities, plus long term Indebtedness in favor of Bank, less deferred revenue, revenue and current portion of Indebtedness in favor of Prometheus of at least 1.5 to 1.01.50:1.00.

Quick Ratio. A ratio of (i) Quick Assets to (ii) Current Liabilities Liabilities, plus long term Indebtedness in favor to Bank and outstanding letters of Bankcredit under the Committed Revolving Line from Bank to Borrower, less minus deferred revenue, revenue of at least 1.5 2.00 to 1.01.00.

Quick Ratio. A ratio of Quick Assets to unrestricted cash and Cash Equivalents with Bank, plus unrestricted short and long-term investments, plus Accounts divided by Current Liabilities Liabilities, plus the long term Indebtedness in favor portion of Bankthe Term Loan, less deferred revenue, minus any Deferred Revenue which may be classified as a Current Liability of at least 1.5 1.40 to 1.01.00.

Quick Ratio. A ratio of (i) Quick Assets to (ii) Current Liabilities Liabilities, plus long term Indebtedness in favor to Bank and outstanding Letters of Bank, less Credit minus deferred revenue, revenue of at least 1.5 2.00 to 1.01.00.

Quick Ratio. A ratio of (Quick Assets Assets) to (Current Liabilities (including undrawn letters of credit and credit card sublimits, if any) plus long term Indebtedness in favor all non-cash collateralized indebtedness to Bank minus deferred maintenance contract revenue) of Bank, less deferred revenue, at least 1.5 1.50 to 1.01.00.