Consolidated Current Ratio. The Borrower will not permit the Consolidated Current Ratio as of the end of any fiscal quarter ending on or after June 30, 2007 to be less than 1.00 to 1.00; provided that for purposes of determining compliance with this Section 7.11(a), the calculation of Consolidated Current Liabilities as of the end of any fiscal quarter ending on or before December 31, 2008, shall not include any Indebtedness of the Borrower under the Senior Unsecured Term Loan Facility to the extent such Indebtedness is permitted under Section 7.01(h).
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Consolidated Current Ratio. The Borrower will not permit the Consolidated Current Ratio as of the end of any fiscal quarter ending on or after June 30, 2007 to be less than 1.00 to 1.00; provided that for purposes of determining compliance with this Section 7.11(a), the calculation of Consolidated Current Liabilities as of the end of any fiscal quarter ending on or before December 31, 20082009, shall not include any Indebtedness of the Borrower under the Senior Unsecured Term Loan Facility (or any Permitted Refinancing thereof) to the extent such Indebtedness is permitted under Section 7.01(h).
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Consolidated Current Ratio. The Borrower will not permit the Consolidated Current Ratio as of the end of any fiscal quarter ending on or after June December 31, 2008 and on or before September 30, 2007 2009 to be less than 1.00 to 1.00; provided that for purposes of determining compliance with this Section 7.11(a), the calculation of Consolidated Current Liabilities as of the end of any such fiscal quarter ending on or before December 31, 2008, shall not include any Indebtedness of the Borrower under the Senior Unsecured Term Loan Facility to the extent such Indebtedness is permitted under Section 7.01(h)this Agreement.
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Samples: Senior Unsecured Term Credit Agreement (Exco Resources Inc)
Consolidated Current Ratio. The Borrower will not permit the Consolidated Current Ratio as of the end of any fiscal quarter ending on or after June September 30, 2007 2008 to be less than 1.00 to 1.00; provided that for purposes of determining compliance with this Section 7.11(a), the calculation of Consolidated Current Liabilities as of the end of any fiscal quarter ending on or before December 3115, 2008, shall not include any Indebtedness of the Borrower under the Senior Unsecured Term Loan Facility to the extent such Indebtedness is permitted under Section 7.01(h)this Agreement.
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Samples: Senior Unsecured Term Credit Agreement (Exco Resources Inc)