Quarterly End Date definition
Examples of Quarterly End Date in a sentence
Permit the ratio of Borrower's Current Assets to its Current Liabilities as of each Quarterly End Date to be less than 1.5 to 1 with both Current Assets and Current Liabilities determined in accordance with generally accepted accounting principles.
The Current Ratio of Guarantor to be less than 1.50 to 1.00 at each Quarterly End Date.
Permit its Tangible Net Worth to be as of each Quarterly End Date to be less than the Minimum Tangible Net Worth, where "Minimum Tangible Net Worth" means the greater of (i) $45,000,000.00, or (b) $48,000,000.00 less the amount of its treasury stock acquired by Borrower since the Closing Date.
Permit its total liabilities-to-Tangible Net Worth ratio as of each Quarterly End Date to exceed 0.5 to 1.
The first such payment shall be prorated from the Closing Date and shall be due on March 31, 2000 and thereafter on each Quarterly End Date.
The first such payment shall be due on March 31, 2000 and thereafter on each Quarterly End Date.
The final payment shall be prorated from the prior Quarterly End Date until the RLCT Termination Date.
The first such payment shall be prorated from the Closing Date and shall be due on December 31, 1998 and thereafter on each Quarterly End Date until the RLCT Termination Date.
The first such payment shall be prorated from the Closing Date and shall be due on December 31, 1998 and thereafter on each Quarterly End Date.