Current Ratio. Borrower shall maintain a ratio of current assets to current liabilities in excess of 2.0 to 1.0; calculated at the end of each QUARTER.
Appears in 2 contracts
Samples: Loan Agreement (Pacific Aerospace & Electronics Inc), Loan Agreement (Pacific Aerospace & Electronics Inc)
Current Ratio. The Borrower shall maintain at all times a ratio of current assets Current Assets to current liabilities in excess Current Liabilities of 2.0 at least 1.40 to 1.0; calculated at the end of each QUARTER.
Appears in 2 contracts
Samples: Loan Agreement (American Medical Alert Corp), Loan Agreement (American Medical Alert Corp)
Current Ratio. Borrower shall maintain a ratio of current assets Current Assets to current liabilities in excess Current Liabilities of 2.0 not less than 1.50 to 1.0; calculated at the end of each QUARTER.
Appears in 2 contracts
Samples: Loan and Security Agreement (Truett-Hurst, Inc.), Loan and Security Agreement (Truett-Hurst, Inc.)
Current Ratio. Borrower shall maintain will maintain, at all times, a ratio of (a) current assets (excluding prepaid expenses), to (b) current liabilities in excess of 2.0 not less than 1.0 to 1.0; calculated at the end of each QUARTER.
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Current Ratio. Borrower shall maintain a ratio of current assets (i) Current Assets to current liabilities in excess (ii) Current Liabilities of 2.0 at least 2.00 to 1.0; calculated at the end of each QUARTER1.00.
Appears in 1 contract
Samples: Centura Fifth Modification Agreement (Etrials Worldwide Inc.)
Current Ratio. The Borrower shall maintain at all times a ratio of current assets to current liabilities of at least 1.75X TO 1. For purposes hereof, "current assets" and "current liabilities" (including taxes and other proper accruals) of the Borrower shall be determined in excess of 2.0 to 1.0; calculated at the end of each QUARTERaccordance with generally accepted accounting principles and practices.
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Current Ratio. The Borrower shall at all times maintain the ratio of its Current Assets to Current Liabilities at a ratio of current assets which is greater than or equal to current liabilities in excess of 2.0 1.25 to 1.0; calculated at the end of each QUARTER.
Appears in 1 contract
Samples: Credit Agreement (Hia Inc)
Current Ratio. The Borrower shall shall, at all times, maintain a ratio of current assets Current Assets to current liabilities in excess Current Liabilities of 2.0 1.0 to 1.0; calculated at the end of each QUARTER.
Appears in 1 contract
Samples: Credit Agreement (International PetroReal Oil CORP)
Current Ratio. The Borrower shall will maintain a at all times the ratio of current assets its Current Assets to current liabilities in excess of 2.0 Current Liabilities at not less than 1.0 to 1.0; calculated at the end of each QUARTER1."
Appears in 1 contract
Samples: Revolving Credit Agreement (K Tel International Inc)
Current Ratio. The Borrower shall maintain a ratio of current assets Current Assets to current liabilities in excess Current Liabilities of 2.0 not less than 1.0 to 1.0; calculated at the end of each QUARTER.
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Current Ratio. Borrower The Borrowers shall maintain a ratio of current assets Current Assets to current liabilities in excess Current Liabilities of 2.0 not less than 0.9 to 1.0; calculated at the end of each QUARTER."
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Current Ratio. The Borrower shall will maintain a at all times the ratio of current assets its Current Assets to current liabilities in excess of 2.0 Current Liabilities at not less than 1.25 to 1.0; calculated at the end of each QUARTER1.00.
Appears in 1 contract
Samples: Credit Agreement and Revolving Note (Grow Biz International Inc)
Current Ratio. The Borrower shall will maintain a at all times the ratio of current assets its Current Assets to current liabilities in excess of 2.0 Current Liabilities at not less than 1.2 to 1.0; calculated at the end of each QUARTER1."
Appears in 1 contract
Samples: Revolving Credit Agreement (K Tel International Inc)
Current Ratio. The Borrower shall will maintain at all times a ratio of current assets to current liabilities in excess of 2.0 not less than one to 1.0; calculated at the end of each QUARTERone.
Appears in 1 contract
Samples: Credit Agreement (Alliance Semiconductor Corp /De/)
Current Ratio. Borrower shall will at all times maintain a ratio of current assets to current liabilities in excess of 2.0 at least 1.00 to 1.0; calculated at the end of each QUARTER1.00, as such terms are defined by generally accepted accounting principles.
Appears in 1 contract
Samples: Loan Agreement (Arden Group Inc)
Current Ratio. Borrower shall will at all times maintain a ratio of current assets to current liabilities in excess of 2.0 to 1.0; calculated at the end of each QUARTERnot less than 1.50:1.0.
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Current Ratio. The Borrower shall at all times maintain a ratio of current assets (a)Current Assets to current liabilities in excess (b) Current Liabilities of 2.0 not less than 1.50 to 1.0; calculated at the end of each QUARTER1.00.
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Current Ratio. Borrower shall maintain at all times a ratio Ratio of current assets to current liabilities in excess of 2.0 at least 1.0 to 1.0; calculated at the end of each QUARTER.
Appears in 1 contract
Samples: Credit Agreement (Jore Corp)
Current Ratio. The Borrower shall maintain maintain, at all times, a ratio of current assets Current Assets to current liabilities in excess Current Liabilities of 2.0 to 1.0; calculated at the end of each QUARTERnot less than 1.50:1.00.
Appears in 1 contract
Current Ratio. The Borrower shall maintain maintain, at all times, a ratio of current assets Current Assets to current liabilities in excess Current Liabilities of 2.0 to 1.0; calculated at the end of each QUARTER.not less than 1.50:1.00. CHANGES IN CIRCUMSTANCES
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Samples: www.sec.gov
Current Ratio. Borrower shall maintain a ratio of current assets Current Assets to current liabilities in excess Current Liabilities of 2.0 not less than 1.4 to 1.0; calculated at the end of each QUARTER.;
Appears in 1 contract
Samples: Loan and Security Agreement (Performance Printing Corp)
Current Ratio. Borrower shall will maintain a ratio of current assets to current liabilities in excess of 2.0 to 1.0; calculated at the end of each QUARTERnot less than 1.20:1.00.
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