Common use of Minimum Current Ratio Clause in Contracts

Minimum Current Ratio. Borrower will maintain at all times a ratio of current assets to current liabilities, determined under consistently applied generally accepted accounting principles, of (Minimum Current Ratio) or more.

Appears in 3 contracts

Samples: Hei Inc, Broadwind Energy, Inc., Broadwind Energy, Inc.

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Minimum Current Ratio. Borrower will maintain shall at all times maintain a ratio of current assets Current Assets to current liabilitiesCurrent Liabilities of at least 1.25 to 1.00, determined under consistently applied generally accepted accounting principles, of (Minimum Current Ratio) or moremeasured on a monthly basis.

Appears in 1 contract

Samples: Loan and Security Agreement (Evolving Systems Inc)

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