Common use of Minimum Current Ratio Clause in Contracts

Minimum Current Ratio. I will maintain at all times a ratio of current assets to current liabilities, determined under consistently applied generally accepted accounting principles, of 1.1:1 or more, tested quarterly.

Appears in 2 contracts

Samples: Number Agreement (Widepoint Corp), Loan Agreement (Widepoint Corp)

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Minimum Current Ratio. I will maintain at all times a ratio of current assets to current liabilities, determined under consistently applied generally accepted accounting principles, of 1.1:1 1.0:1 or more, tested quarterly.

Appears in 1 contract

Samples: Loan Number (Widepoint Corp)

Minimum Current Ratio. I will maintain at all times a ratio of current assets to current liabilities, determined under consistently applied generally accepted accounting principles, of 1.1:1 or more, tested quarterly.

Appears in 1 contract

Samples: Loan Agreement (Widepoint Corp)

Minimum Current Ratio. I will maintain at all times a ratio of current assets to current liabilities, determined under consistently applied generally accepted accounting principles, of 1.1:1 or more, tested . To be measured quarterly.

Appears in 1 contract

Samples: Commercial Loan Agreement (Widepoint Corp)

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Minimum Current Ratio. I will maintain at all times a ratio of current assets to current liabilities, determined under consistently applied generally accepted accounting principles, of 1.1:1 1.2:1 or more, tested quarterly.

Appears in 1 contract

Samples: Loan Number (Widepoint Corp)

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