Common use of Adjusted Quick Ratio Clause in Contracts

Adjusted Quick Ratio. Borrower shall maintain at all times, to be tested, as of the last day of each quarter, a ratio of Quick Assets to Current Liabilities minus Deferred Revenue and customer deposits of at least 2.0 to 1.0.

Adjusted Quick Ratio. Borrower shall maintain at all times, to be tested, tested as of the last day of each 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 and customer deposits of at least 2.0 1.75 to 1.0.

Adjusted Quick Ratio. Borrower shall maintain at all times, ---------------------- to be tested, tested as of the last day of each quartermonth, on a consolidated basis with respect to Borrower and its Subsidiaries, a ratio of (i) Quick Assets to (ii) Current Liabilities minus the current portion of Deferred Revenue and customer deposits of at least 2.0 1.25 to 1.01.00.

Adjusted Quick Ratio. Borrower and its Subsidiaries, on a consolidated basis, shall maintain at all times, to be tested, tested as of the last day of each quartermonth, a ratio of (i) Quick Assets to (ii) (A) Current Liabilities (excluding the Real Estate Debt), minus (B) Deferred Revenue and customer deposits Revenue, of at least 2.0 to 1.01.5:1.0.

Adjusted Quick Ratio. Borrower shall maintain at all times, to be tested, tested as of the last day of each quarter, a ratio of Quick Assets to Current Liabilities minus Deferred Revenue and customer deposits of at least 2.0 not less than 3.0 to 1.0.”

Adjusted Quick Ratio. Borrower shall maintain at all times, to be tested, tested as of the last day of each quartermonth, on a consolidated basis with respect to Borrower and its Subsidiaries, a ratio of (i) Quick Assets to (ii) Current Liabilities minus the current portion of Deferred Revenue and customer deposits of at least 2.0 1.25 to 1.01.00.