Common use of Consolidated Quick Ratio Clause in Contracts

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).

Appears in 2 contracts

Samples: Credit Agreement (Genzyme Corp), Credit Agreement (Genzyme Corp)

AutoNDA by SimpleDocs

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 JuneSeptember, 20001999).

Appears in 1 contract

Samples: Credit Agreement (Genzyme Corp)

AutoNDA by SimpleDocs

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 JuneDecember, 20002003).

Appears in 1 contract

Samples: Credit Agreement (Genzyme Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!