Consolidated Quick Ratio. The Company will not permit the Consolidated Quick Ratio on the last day of any fiscal quarter of the Company to be less than 1.50 to 1.00 (commencing with the fiscal quarter of the Company ending in June, 2000).
Consolidated Quick Ratio. Permit the Consolidated Quick Ratio as of the end of any fiscal quarter of the Borrower, beginning with the fiscal quarter ending June 27, 2014, to be less than 1.10:1.00.
Consolidated Quick Ratio. Permit the Consolidated Quick Ratio to be less than 1.20:1.00.
Consolidated Quick Ratio. Permit the Consolidated Quick Ratio, as of the last day of any month to be less than 1.50:1.00.
Consolidated Quick Ratio. The Borrower shall not permit the ratio of Consolidated Quick Assets to Consolidated Current Liabilities, including all Revolving Credit Loans then outstanding and the Stated Amount of all Letters of Credit then outstanding, to be less than 1.25 to 1 at any time.
Consolidated Quick Ratio. At the end of any fiscal quarter of the EIG, permit the Consolidated Quick Ratio to be less than 2.00:1.00.
Consolidated Quick Ratio. Permit, at any time on or after March 31, 1999, the Consolidated Quick Ratio to be less than 1.10 to 1.00 as at the last day of any fiscal quarter of the Company.
Consolidated Quick Ratio. Permit the Consolidated Quick Ratio, tested as at the last day of each fiscal quarter of the Borrower to be less than 1.25:1.00.
Consolidated Quick Ratio. Borrower shall not permit the ratio of (a) the sum of cash, Cash Equivalents and accounts receivable, in each case for Borrower and its subsidiaries, to (b) the consolidated current liabilities of Borrower and its subsidiaries (including advances made under the Clean Advance Line and outstanding at such time) to be less than 1.25:1.00 as at the end of any fiscal quarter. As used herein, the term "Cash Equivalents" shall mean (i) securities issued or directly and fully guaranteed or insured by the United States of America or any agency or instrumentality thereof (provided that the full faith and credit of the United States of America is pledged in support thereof), (ii) Dollar denominated time deposits and certificates of deposit of any commercial bank having a long-term unsecured debt rating of at least A or the equivalent thereof from Standard & Poor's Ratings Services, a division of McGrxx-Xxxx, Xxc. ("S&P"), (iii) commercial paper issued by any corporation organized under the laws of any state of the United States of America having a rating of at least A- or the equivalent thereof from S&P or at least P-1 or the equivalent thereof from Moodx'x Xxxestors Service, Inc. ("Moody's") and (iv) investments in money market funds substantially all of which are comprised of securities of the types described in clauses (i) through (iii) hereinabove.
Consolidated Quick Ratio. Permit the Consolidated Quick Ratio to be less than 1.00:1.00, at any time prior to the Repurchase Date, and 1.30:1.00, at any time thereafter.
