Common use of Adjusted Quick Ratio Clause in Contracts

Adjusted Quick Ratio. (i) Commencing with the month ended March 31, 2009 through and including the month ending July 31, 2010, an Adjusted Quick Ratio of at least 0.70:1.00, (ii) commencing with the month ending August 31, 2010 through and including April 30, 2011, an Adjusted Quick Ratio of at least 1.5:1.00, and (iii) commencing with the month ending May 31, 2011 and thereafter, an Adjusted Quick Ratio of at least 1.75:1.00.”

Appears in 2 contracts

Samples: Loan Modification Agreement (Meru Networks Inc), Eleventh Loan Modification Agreement (Meru Networks Inc)

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Adjusted Quick Ratio. An Adjusted Quick Ratio of at least (i) Commencing with the month ended March 31, 2009 0.90 to 1.0 through and including the month ending July 31June 30, 2010, an Adjusted Quick Ratio of at least 0.70:1.002008, (ii) commencing with 1.0 to 1.0 as of the month ending August July 31, 2010 2008 through and including April the month ending September 30, 20112008, an Adjusted Quick Ratio (iii) 1.10 to 1.00 as of at least 1.5:1.00October 31, 2008 through and including the month ending June 30, 2009, and (iiiiv) commencing with 1.25 to 1.00 as of the month ending May July 31, 2011 2009 and thereafter, an Adjusted Quick Ratio of at least 1.75:1.00.

Appears in 2 contracts

Samples: Third Loan Modification Agreement (Finisar Corp), First Loan Modification Agreement (Finisar Corp)

Adjusted Quick Ratio. An Adjusted Quick Ratio of at least (i) Commencing with the month ended March 31, 2009 0.90 to 1.0 through and including the month ending July 31June 30, 2010, an Adjusted Quick Ratio of at least 0.70:1.002008, (ii) commencing with 1.0 to 1.0 as of the month ending August July 31, 2010 2008 through and including April 30, 2011, an Adjusted Quick Ratio of at least 1.5:1.00, and (iii) commencing with the month ending May September 30, 2008, and(iii) 1.25 to 1.0 as of the month ending October 31, 2011 2008 and thereafter, an Adjusted Quick Ratio of at least 1.75:1.00.

Appears in 1 contract

Samples: Loan and Security Agreement (Finisar Corp)

Adjusted Quick Ratio. (i) Commencing for each monthly period beginning with the month ended March 31monthly period ending April 30, 2009 through and including the month ending July August 31, 20102009, an Adjusted Quick Ratio of at least 0.70:1.00, not less than 1.65:1.00; and (ii) commencing for each monthly period beginning with the month monthly period ending August 31, 2010 through and including April September 30, 2011, an Adjusted Quick Ratio 2009 and as of at least 1.5:1.00, and (iii) commencing with the month ending May 31, 2011 and last day of each monthly period thereafter, an Adjusted Quick Ratio of at least not less than 1.75:1.00.

Appears in 1 contract

Samples: Loan and Security Agreement (Telecommunication Systems Inc /Fa/)

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Adjusted Quick Ratio. (i) Commencing with the month ended March 31, 2009 through and including the month ending July 31, 2010, an Adjusted Quick Ratio of at least 0.70:1.00, and (ii) commencing with the month ending August 31, 2010 through and including April 30, 2011, an Adjusted Quick Ratio of at least 1.5:1.00, and (iii) commencing with the month ending May 31, 2011 and thereafter, an Adjusted Quick Ratio of at least 1.75:1.001.5:1.00.”

Appears in 1 contract

Samples: Loan Modification Agreement (Meru Networks Inc)

Adjusted Quick Ratio. An Adjusted Quick Ratio of at least (i) Commencing with the month ended March 31, 2009 0.90 to 1.0 through and including the month ending July 31June 30, 2010, an Adjusted Quick Ratio of at least 0.70:1.002008, (ii) commencing with 1.0 to 1.0 as of the month ending August July 31, 2010 2008 through and including April the month ending September 30, 2011, an Adjusted Quick Ratio of at least 1.5:1.002008, and (iii) commencing with 1.25 to 1.0 as of the month ending May October 31, 2011 2008 and thereafter, an Adjusted Quick Ratio of at least 1.75:1.00.

Appears in 1 contract

Samples: First Loan Modification Agreement (Finisar Corp)

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