Current Ratio. The Borrower will not permit the Current Ratio, as of the last day of any fiscal quarter, commencing with the fiscal quarter ending December 31, 2021, to be less than 1.0 to 1.0.
Appears in 2 contracts
Samples: Credit Agreement (Civitas Resources, Inc.), Credit Agreement (Civitas Resources, Inc.)
Current Ratio. The Beginning with the Fiscal Quarter ending September 30, 2022, the Borrower will not permit the Current Rationot, as of the last day of any fiscal quarterFiscal Quarter, commencing with the fiscal quarter ending December 31, 2021, permit its Current Ratio as of such day to be less than 1.0 1.00 to 1.01.00.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Diversified Energy Co PLC), Revolving Credit Agreement (Diversified Energy Co PLC)
Current Ratio. The Borrower will not permit the Current Ratio, Ratio as of the last day of any fiscal quarter, commencing with the fiscal quarter ending December on or after March 31, 2021, 2023 to be less than 1.0 1.00 to 1.01.00.
Appears in 2 contracts
Samples: Credit Agreement (California Resources Corp), Credit Agreement (California Resources Corp)
Current Ratio. The Borrower will not permit the Current Ratio, Ratio as of the last day of any fiscal quarter, quarter (commencing with the first full fiscal quarter ending December 31, 2021, after the Closing Date) to be less than 1.0 to 1.0.
Appears in 2 contracts
Samples: Credit Agreement (TXO Partners, L.P.), Credit Agreement (MorningStar Partners, L.P.)
Current Ratio. The Beginning with the Fiscal Quarter ending June 30, 2017 the Borrower will not permit the Current Rationot, as of the last day of any fiscal quarterFiscal Quarter, commencing with the fiscal quarter permit its Current Ratio as of such day then ending December 31, 2021, to be less than 1.0 1.00 to 1.01.00.
Appears in 2 contracts
Samples: Senior Secured Revolving Credit Agreement (Silverbow Resources, Inc.), Senior Secured Revolving Credit Agreement (Swift Energy Co)
Current Ratio. The Beginning with the Fiscal Quarter ending December 31, 2018 the Borrower will not permit the Current Rationot, as of the last day of any fiscal quarterFiscal Quarter, commencing with the fiscal quarter permit its Current Ratio as of such day then ending December 31, 2021, to be less than 1.0 1.00 to 1.01.00.
Appears in 1 contract
Samples: Revolving Credit Agreement (Diversified Energy Co PLC)
Current Ratio. The Borrower will not permit the Current Ratio, as of the last day of any fiscal quarter, commencing with the fiscal quarter ending December 31, 2021, its Current Ratio as of such last day to be less than 1.0 1.00 to 1.01.00.
Appears in 1 contract
Samples: Battalion Oil Corp
Current Ratio. The Borrower will not permit the Current Ratio, Ratio as of the last day of any fiscal quarter, commencing with the fiscal quarter ending December on or after March 31, 2021, 2020 to be less than 1.0 1.00 to 1.01.00.
Appears in 1 contract
Current Ratio. The Borrower will not permit the Current Ratio, as of the last day of any fiscal quarter, quarter (commencing with the fiscal quarter ending December 31, 2021), to be less than 1.0 1.00 to 1.01.00.
Appears in 1 contract
Samples: Senior Secured Credit Agreement (Battalion Oil Corp)
Current Ratio. The Borrower will not permit the Current Ratio, Ratio as of the last day of any fiscal quarter, commencing with the fiscal quarter ending December on or after March 31, 2021, 2021 to be less than 1.0 1.00 to 1.01.00.
Appears in 1 contract
Current Ratio. The Borrower will not permit the Current Ratio, as of the last day of any fiscal quarter, commencing with the fiscal quarter ending December March 31, 20212020, its Current Ratio as of such last day to be less than 1.0 1.00 to 1.01.00.
Appears in 1 contract
Samples: Senior Secured Revolving Credit Agreement (Halcon Resources Corp)
Current Ratio. The Borrower will not permit the Current Ratio, Ratio as of the last day of any fiscal quarter, commencing with the fiscal quarter ending on or after December 31, 2021, 2018 to be less than 1.0 1.00 to 1.01.00.
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Current Ratio. The Borrower will not permit the Current Ratiopermit, as of the last day of any fiscal quarter, commencing with the fiscal quarter ending December March 31, 20212023, the Current Ratio to be less than 1.0 1.00 to 1.01.00.
Appears in 1 contract
Current Ratio. The Borrower will not permit the Current Ratio, Ratio as of the last day of any fiscal quarter, commencing with the fiscal quarter ending December on or after March 31, 2021, 2021 to be less than 1.0 1.00 to 1.0.1.00. 144
Appears in 1 contract
Current Ratio. The Beginning with the Fiscal Quarter ending June 30, 2016, the Borrower will not permit the Current Rationot, as of the last day of any fiscal quarterFiscal Quarter, commencing with the fiscal quarter permit its Current Ratio as of such day then ending December 31, 2021, to be less than 1.0 1.00 to 1.01.00.
Appears in 1 contract
Samples: Senior Secured Revolving Credit Agreement (Swift Energy Co)
Current Ratio. The Borrower will not permit the Current Rationot, as of the last day of any fiscal quarterFiscal Quarter, commencing with the fiscal quarter ending December 31, 20212018, permit its Current Ratio as of such day to be less than 1.0 1.00 to 1.0.1.00. Section 9.02
Appears in 1 contract
Samples: Secured Revolving Credit Agreement (Lilis Energy, Inc.)
Current Ratio. The Borrower will not permit the Current Ratiopermit, as of the last day of any (i) the fiscal quarterquarter ending September 30, commencing with 2019, the Current Ratio to be less than 0.85 to 1.00, (ii) the fiscal quarter ending December 31, 20212019, the Current Ratio to be less than 1.0 0.65 to 1.01.00, (iii) the fiscal quarter ending March 31, 2020, the Current Ratio to be less than 0.90 to 1.00, and (iv) any other fiscal quarter ending thereafter, the Current Ratio to be less than 1.00 to 1.00.β
Appears in 1 contract
Current Ratio. The Borrower will not permit the Current Ratio, Ratio as of the last day of any fiscal quarter, commencing with the fiscal quarter ending December on or after March 31, 2021, 2021 to be less than 1.0 0.85 to 1.0.1.00. 124
Appears in 1 contract
Current Ratio. The Beginning with the fiscal quarter ending December 31, 2016, the Borrower will not permit the Current Rationot, as of the last day of any fiscal quarter, commencing with the fiscal quarter ending December 31, 2021, permit its Current Ratio as of such last day to be less than 1.0 1.00 to 1.01.00.
Appears in 1 contract
Samples: Senior Secured Revolving Credit Agreement (Halcon Resources Corp)
Current Ratio. The Borrower will not permit the Current Ratio, Ratio as of the last day of any fiscal quarter, quarter (commencing with the first full fiscal quarter ending December 31, 2021, after the Initial Funding Date) to be less than 1.0 to 1.0.
Appears in 1 contract
Samples: Credit Agreement (Pressburg, LLC)
Current Ratio. The Borrower will not permit its Current Ratio (a) at the Current Ratio, as of the last day end of any fiscal quarterquarter ending on or before December 31, commencing with 2011, to be less than 1.50 to 1.00; (b) at the end of any fiscal quarter ending after December 31, 2011 through and including the fiscal quarter ending December 31, 20212012, to be less than 1.0 1.75 to 1.01.00; and (c) at the end of any fiscal quarter ending after December 31, 2012, to be less than 2.00 to 1.00.
Appears in 1 contract
