Common use of Adjusted Quick Ratio Clause in Contracts

Adjusted Quick Ratio. Maintain at all times, to be tested as of the last day of each month, commencing with the month ending October 31, 2016, calculated on a consolidated basis with respect to Borrower and its Subsidiaries, an Adjusted Quick Ratio of at least 1.25 to 1.00.”

Appears in 2 contracts

Samples: Loan and Security Agreement (Forescout Technologies, Inc), Loan and Security Agreement (Forescout Technologies, Inc)

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Adjusted Quick Ratio. Maintain at all times, to be tested as of the last day of each month, commencing with the month ending October 31, 2016, calculated on a consolidated basis with respect to Borrower and its Subsidiaries, an Adjusted Quick Ratio of at least 1.25 to 1.001.0.

Appears in 2 contracts

Samples: Loan and Security Agreement (Moneylion Inc.), Loan and Security Agreement (Fusion Acquisition Corp.)

Adjusted Quick Ratio. Maintain at all timesMaintain, to be tested as of the last day of each month, commencing with the month ending October 31, 2016, calculated on a consolidated basis with respect to Borrower and its Subsidiaries, an Adjusted Quick Ratio of at least 1.25 greater than or equal to 1.001.50 to 1.0.

Appears in 1 contract

Samples: Loan and Security Agreement (Sentinel Labs, Inc.)

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Adjusted Quick Ratio. Maintain at all timestimes (calculated on a consolidated basis with respect to Borrower and its Subsidiaries), to be tested as of the last day of each month, commencing with the month ending October 31, 2016, calculated on a consolidated basis with respect to Borrower and its Subsidiaries, an Adjusted Quick Ratio of at least 1.25 to 1.001.0.

Appears in 1 contract

Samples: Loan and Security Agreement (iSpecimen Inc.)

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