Adjusted Quick Ratio. A ratio of (i) Quick Assets to (ii) Current Liabilities minus the current portion of Deferred Revenue of at least 1.25 to 1.00.
Adjusted Quick Ratio. An Adjusted Quick Ratio of at least 1.25 to 1.00.
Adjusted Quick Ratio. Borrower shall maintain, as of the last day of each calendar month, a ratio of (i) Quick Assets to (ii) Current Liabilities less current deferred revenues of at least 2.0 to 1.0.
Adjusted Quick Ratio. An Adjusted Quick Ratio of at least (i) 0.90 to 1.0 through and including the month ending June 30, 2008, (ii) 1.0 to 1.0 as of the month ending July 31, 2008 through and including the month ending September 30, 2008, (iii) 1.10 to 1.00 as of October 31, 2008 through and including the month ending June 30, 2009, and (iv) 1.25 to 1.00 as of the month ending July 31, 2009 and thereafter.
Adjusted Quick Ratio. A ratio of Quick Assets to Current Liabilities minus Deferred Revenue plus all term loans due to Bank of at least 1.0 to 1.0.
Adjusted Quick Ratio. An Adjusted Quick Ratio of at least 1.50:1.00 (provided that Borrower shall also maintain Net Cash in an amount of not less than Twenty Million Dollars ($20,000,000)).
Adjusted Quick Ratio. Borrower shall maintain at all times, to be tested as of the last day of each: (i) quarter, and (ii) month when a Credit Extension is requested or Obligations are outstanding, a ratio of Quick Assets to Current Liabilities minus Deferred Revenue of at least 1.75 to 1.0.
Adjusted Quick Ratio. Borrower shall maintain, at all times, to be tested monthly, an Adjusted Quick Ratio of at least:
Adjusted Quick Ratio. Borrower shall at all times, measured on a monthly basis, maintain a ratio of Cash held at Bank or at Bank’s Affiliates subject to account control agreements in favor of Bank plus Eligible Accounts to Current Liabilities plus (to the extent not already included therein) all Indebtedness to Bank (excluding any amounts outstanding under the ACH Sublimit) less the current portion of Deferred Revenue of at least 1.10 to 1.00.
