Common use of Adjusted Quick Ratio Clause in Contracts

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.

Appears in 2 contracts

Samples: Loan Modification Agreement (Caliper Life Sciences Inc), Loan and Security Agreement (Caliper Life Sciences Inc)

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Adjusted Quick Ratio. A ratio of Qualified Quick Assets to Quick Current Liabilities of at least 0.95 (i) 0.75 to 1.0 for the quarter ending December 311.00 through and including September 30, 2008, and (ii) 1.00 to 1.00 from October 1, 2008 and for each fiscal quarter thereafter.

Appears in 1 contract

Samples: Loan and Security Agreement (Ev3 Inc.)

Adjusted Quick Ratio. A ratio of Quick Assets to Quick Liabilities of at least least: (i) 0.95 to 1.0 for the quarter quarters ending March 31, 2008, June 30, 2008 and September 30, 2008; and (ii) 1.0 to 1.0 for the quarters ending December 31, 2008 and for each fiscal quarter thereafterMarch 31, 2009.

Appears in 1 contract

Samples: Loan and Security Agreement (Caliper Life Sciences Inc)

Adjusted Quick Ratio. A ratio of Quick Assets to Quick Liabilities of at least 0.95 1.25 to 1.0 for the quarter ending December 31June 30, 2008 2010 and for each fiscal quarter thereafter.

Appears in 1 contract

Samples: Loan Modification Agreement (Caliper Life Sciences Inc)

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Adjusted Quick Ratio. A (i) prior to and including the quarter ended, December 31, 2006, a ratio of Quick Assets to Quick Liabilities of at least 0.95 1.25 to 1.0 for 1.0; and (ii) commencing with the quarter ending December March 31, 2008 and for each fiscal quarter thereafter.2007, a ratio of Quick Assets to Quick Liabilities of at least 1.10 to 1.0; and

Appears in 1 contract

Samples: Loan Modification Agreement (Caliper Life Sciences Inc)

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