Common use of Adjusted Quick Ratio Clause in Contracts

Adjusted Quick Ratio. Borrower shall maintain, as of the last day of each calendar month, a ratio of (i) Quick Assets to (ii) Current Liabilities less current deferred revenues of at least 2.0 to 1.0.

Adjusted Quick Ratio. Borrower shall maintain, as of the last day of each calendar monthquarter, a ratio of (i) Quick Assets to (ii) Current Liabilities less current deferred maintenance revenues of at least 2.0 1.25 to 1.0.

Adjusted Quick Ratio. Borrower shall maintain, as of the last day of each calendar month, a ratio of (i) Quick Assets to (ii) Current Liabilities less current minus any deferred revenues maintenance revenue of at least 2.0 1.3 to 1.0.

Adjusted Quick Ratio. Borrower shall maintain, as of the last day of each calendar month, a ratio of (i) Quick Assets to (ii) Current Liabilities less current deferred revenues of at least 2.0 1.5 to 1.0.

Adjusted Quick Ratio. A ratio of Quick Assets to Current Liabilities minus Deferred Revenue of at least 1.5 to 1.0. Borrower shall maintain, maintain as of the last day of each calendar monthquarter beginning with the quarter ending December 31, a ratio of (i) Quick Assets to (ii) Current Liabilities less current deferred revenues of at least 2.0 to 1.0.2007, unless otherwise noted:

Adjusted Quick Ratio. Borrower shall maintain, as of the last day of each calendar month, a ratio of (i) Quick Assets to (ii) Current Liabilities less current minus any deferred revenues revenue of the Borrower of at least 2.0 1.50 to 1.0.

Adjusted Quick Ratio. Borrower shall maintain, as of the last day of each calendar month, a ratio of (i) Quick Assets to (ii) Current Liabilities less current deferred revenues of at least 2.0 2.00 to 1.01.00.

Adjusted Quick Ratio. Borrower shall maintain, as of the last day of each calendar monthfiscal quarter, a ratio of (i) Quick Assets to (ii) Current Liabilities Liabilities, less current deferred revenues maintenance revenue of at least 2.0 1.75 to 1.0.

Adjusted Quick Ratio. Borrower shall maintain, as of the last day -------------------- of each calendar month, a ratio of (i) Quick Assets to (ii) Current Liabilities less the sum of deferred revenue plus the current deferred revenues portion of Borrower's Subordinated Debt of at least 2.0 1.75 to 1.01.00.

Adjusted Quick Ratio. Borrower shall maintain, as of the last day of each calendar month, a ratio of (i) Quick Assets to (ii) Current Liabilities less current deferred revenues of at least 2.0 more than 1.15 to 1.01.00.

Adjusted Quick Ratio. Borrower shall maintain, as of the last day of each calendar month, a ratio of (i) Quick Assets to (ii) Current Liabilities Liabilities, less current deferred revenues revenue, of at least 2.0 1.50 to 1.01.00.

Adjusted Quick Ratio. Borrower shall maintainmaintain a ratio of -------------------- Quick Assets to Current Liabilities (exclusive of deferred revenues), (i) as of the last day of each calendar quarter, of at least 1.50 to 1.0, and (ii) intraquarterly, as of the last day of each calendar month, a ratio of (i) Quick Assets to (ii) Current Liabilities less current deferred revenues of at least 2.0 1.25 to 1.0.

Adjusted Quick Ratio. Borrower shall maintain, as of the last day of each fiscal quarter, a ratio of Quick Assets to Current Liabilities (excluding deferred revenue) of at least 2.0 to 1.0; provided, however, for each calendar month within each fiscal quarter, Borrower shall maintain, as of the last day of each calendar month, a ratio of (i) Quick Assets to (ii) Current Liabilities less current (excluding deferred revenues revenue) of at least 2.0 1.5 to 1.0.