Adjusted Quick Ratio. A ratio of (i) Quick Assets to (ii) Current Liabilities minus the current portion of Deferred Revenue of at least 1.50 to 1.00.
Adjusted Quick Ratio. An Adjusted Quick Ratio of at least 1.25 to 1.00.
Adjusted Quick Ratio. Borrower shall maintain, as of the last day of each quarter, a ratio of Quick Assets to Current Liabilities minus Deferred Maintenance Revenue of at least 1.50 to 1.0. For purposes hereof, "Deferred Maintenance Revenue" is all amounts received in advance of performance under maintenance contracts and not yet recognized as revenue.
Adjusted Quick Ratio. An Adjusted Quick Ratio of at least 1.25:1.00 (provided that Borrower shall also maintain Net Cash in an amount of not less than the Net Cash Threshold Amount).
Adjusted Quick Ratio. Borrower shall maintain at all times, to be tested as of the last day of each: (i) quarter, and (ii) month when a Credit Extension is requested or Obligations are outstanding, a ratio of Quick Assets to Current Liabilities minus Deferred Revenue of at least 1.75 to 1.0.
Adjusted Quick Ratio. Permit the Adjusted Quick Ratio at any time, to be tested weekly and as of the last day of each month, to be less than 1.75 to 1.00.
Adjusted Quick Ratio. A ratio of Quick Assets to Quick Liabilities of at least 0.95 to 1.0 for the quarter ending December 31, 2008 and for each fiscal quarter thereafter.
Adjusted Quick Ratio. Borrower shall at all times, measured on a monthly basis, maintain a ratio of Cash held at Bank or at Bank’s Affiliates subject to account control agreements in favor of Bank plus Eligible Accounts to Current Liabilities plus (to the extent not already included therein) all Indebtedness to Bank (excluding any amounts outstanding under the ACH Sublimit) less the current portion of Deferred Revenue of at least 1.10 to 1.00.
