Common use of Current Ratio Clause in Contracts

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)

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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.

Appears in 1 contract

Samples: Loan Agreement (Horizon Offshore Inc)

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.

Appears in 1 contract

Samples: Loan Agreement (Allegro Microsystems Inc)

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.

Appears in 1 contract

Samples: Credit Agreement (Varsity Spirit Corporation)

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."

Appears in 1 contract

Samples: Borrower Agreement (Mobility Electronics 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 1.25 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/)

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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.

Appears in 1 contract

Samples: Loan Agreement (Bei Technologies Inc)

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.

Appears in 1 contract

Samples: Credit Agreement (Oreilly Automotive Inc)

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

Samples: Facility Agreement (Multi Fineline Electronix Inc)

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

Appears in 1 contract

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.

Appears in 1 contract

Samples: Master Credit Agreement (Advanced BioEnergy, LLC)

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