Current Assets to Current Liabilities Ratio Sample Clauses

Current Assets to Current Liabilities Ratio. The Company will not permit the ratio of (a) Consolidated Current Assets to (b) Consolidated Current Liabilities to be less than 3.5 to 1 as of the last day of any Fiscal Quarter ending on or after the Closing Date.
Sample 1
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Current Assets to Current Liabilities Ratio. PowerSecure shall maintain a ratio of Current Assets of Power Secure to Current Liabilities of Power Secure of no less than 1.20:1, as of the end of any fiscal quarter. For purposes of this paragraph, (A) neither Facility shall be considered a Current Liability and (b) Current Liabilities calculation shall exclude all loans or other advances made by PowerSecure to any Affiliate.
Sample 1
Current Assets to Current Liabilities Ratio. Maintain a ratio of Current Assets to Current Liabilities of not less than 1.50 to 1.00.
Sample 1
Current Assets to Current Liabilities Ratio. Southern Flow shall maintain a ratio of Current Assets of Southern Flow to Current Liabilities of Southern Flow of no less than 1.35:1, as of the end of any fiscal quarter. For purposes of this paragraph, (A) the Facility B Draw Outstandings shall be considered Current Liability, (B) the Current Assets of Southern Flow shall include the Eligible A/R of Metretek included in the Facility B Borrowing Base, and (C) the Current Assets calculation shall exclude all loans or other advances made by Southern Flow to any Affiliate.
Sample 1
Current Assets to Current Liabilities Ratio. Borrower shall have --------------------------------------------- and maintain a current assets to current liabilities ratio of 1.4 to 1.0 for the first two years following the Closing, and a current assets to current liabilities ratio of 1.75 to 1.0 for the remaining term of the Loan.
Sample 1

Related to Current Assets to Current Liabilities Ratio

  • Current Liabilities Current Liabilities means the aggregate amount of all current liabilities as determined in accordance with GAAP, but in any event shall include all liabilities except those having a maturity date which is more than one year from the date as of which such computation is being made.

  • Consolidated Total Liabilities All liabilities of the Borrower and its Subsidiaries determined on a consolidated basis in accordance with generally accepted accounting principles and all Indebtedness of the Borrower and its Subsidiaries, whether or not so classified.

  • Total Liabilities Current Liabilities

  • Funded Debt to EBITDA Section 10.2 of the Loan Agreement is hereby amended and restated in its entirety to read as follows:

  • Pro Forma Balance Sheet The Administrative Agent shall have received the Pro Forma Balance Sheet in form and substance satisfactory to the Administrative Agent and the Required Lenders;

  • Minimum Consolidated Net Worth The Borrower will not permit its Consolidated Net Worth at any time to be less than the sum of (i) $250,000,000 plus (ii) thirty percent (30%) of the sum of the Consolidated Net Income of the Borrower (with any consolidated net loss during any fiscal quarter counting as zero) for each fiscal quarter of the Borrower commencing with the fiscal quarter of the Borrower ending June 30, 1997.

  • Funded Debt Ratio Permit the Funded Debt Ratio, as of the last day of any Fiscal Quarter, to be greater than the ratio set forth below opposite such Fiscal Quarter or the period during which such Fiscal Quarter ends: Period/Fiscal Quarter Maximum Ratio December 31, 2002 3.50:1.00 March 31, 2003 2.60:1.00 June 30, 2003 2.50:1.00 September 30, 2003 2.00:1.00 December 31, 2003 through March 31, 2004 1.75:1.00 April 1, 2004 through December 31, 2004 1.50:1.00

  • Maximum Consolidated Leverage Ratio The Consolidated Leverage Ratio at any time may not exceed 0.75 to 1.00; and

  • Consolidated Leverage Ratio Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 2.50 to 1.0.

  • Pro Forma Balance Sheet; Financial Statements The Lenders shall have received (i) the Pro Forma Balance Sheet, (ii) audited consolidated financial statements of the Borrower and its Subsidiaries for the most recently ended fiscal year and (iii) unaudited interim consolidated financial statements of the Borrower and its Subsidiaries for each fiscal quarter ended after the date of the latest applicable financial statements delivered pursuant to clause (i) of this paragraph as to which such financial statements are available.

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