Common use of Current Ratio Clause in Contracts

Current Ratio. The Borrower will not permit the Current Ratio, as of the last day of any fiscal quarter, commencing with the fiscal quarter ending December 31, 2021, to be less than 1.0 to 1.0.

Appears in 2 contracts

Samples: Credit Agreement (Civitas Resources, Inc.), Credit Agreement (Civitas Resources, Inc.)

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Current Ratio. The Beginning with the Fiscal Quarter ending June 30, 2017 the Borrower will not permit the Current Rationot, as of the last day of any fiscal quarterFiscal Quarter, commencing with the fiscal quarter permit its Current Ratio as of such day then ending December 31, 2021, to be less than 1.0 1.00 to 1.01.00.

Appears in 2 contracts

Samples: Senior Secured Revolving Credit Agreement (Silverbow Resources, Inc.), Senior Secured Revolving Credit Agreement (Swift Energy Co)

Current Ratio. The Beginning with the Fiscal Quarter ending September 30, 2022, the Borrower will not permit the Current Rationot, as of the last day of any fiscal quarterFiscal Quarter, commencing with the fiscal quarter ending December 31, 2021, permit its Current Ratio as of such day to be less than 1.0 1.00 to 1.01.00.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Diversified Energy Co PLC), Revolving Credit Agreement (Diversified Energy Co PLC)

Current Ratio. The Borrower will not permit the Current Ratio, Ratio as of the last day of any fiscal quarter, commencing with the fiscal quarter ending December on or after March 31, 2021, 2021 to be less than 1.0 1.00 to 1.01.00.

Appears in 1 contract

Samples: Credit Agreement (California Resources Corp)

Current Ratio. The Borrower will not permit the Current Ratio, as of the last day of any fiscal quarter, commencing with the fiscal quarter ending December 31, 2021, to be less than 1.0 to 1.0.. (b)

Appears in 1 contract

Samples: Credit Agreement (Civitas Resources, Inc.)

Current Ratio. The Borrower will not permit the Current Ratiopermit, as of the last day of any fiscal quarter, quarter commencing with the fiscal quarter ending December 31September 30, 20212024, the Current Ratio as of such date to be less than 1.0 1.00 to 1.0.1.00. 102

Appears in 1 contract

Samples: Credit Agreement (BKV Corp)

Current Ratio. The Beginning with the Fiscal Quarter ending June 30, 2016, the Borrower will not permit the Current Rationot, as of the last day of any fiscal quarterFiscal Quarter, commencing with the fiscal quarter permit its Current Ratio as of such day then ending December 31, 2021, to be less than 1.0 1.00 to 1.01.00.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (Swift Energy Co)

Current Ratio. The Borrower will not permit the Current Ratio, Ratio as of the last day of any fiscal quarter, commencing with the fiscal quarter ending December on or after March 31, 2021, 2021 to be less than 1.0 1.00 to 1.0.1.00. 144

Appears in 1 contract

Samples: Credit Agreement (California Resources Corp)

Current Ratio. The Borrower will not permit the Current Ratio, as of the last day of any fiscal quarter, quarter (commencing with the fiscal quarter ending December 31, 2021), to be less than 1.0 1.00 to 1.01.00.

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Battalion Oil Corp)

Current Ratio. The Beginning with the Fiscal Quarter ending December 31, 2018 the Borrower will not permit the Current Rationot, as of the last day of any fiscal quarterFiscal Quarter, commencing with the fiscal quarter permit its Current Ratio as of such day then ending December 31, 2021, to be less than 1.0 1.00 to 1.01.00.

Appears in 1 contract

Samples: Revolving Credit Agreement (Diversified Energy Co PLC)

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Current Ratio. The Borrower will not permit the Current Ratiopermit, as of the last day of any fiscal quarter, commencing with the fiscal quarter ending December March 31, 20212023, the Current Ratio to be less than 1.0 1.00 to 1.01.00.

Appears in 1 contract

Samples: Credit Agreement (Sitio Royalties Corp.)

Current Ratio. The Beginning with the fiscal quarter ending December 31, 2016, the Borrower will not permit the Current Rationot, as of the last day of any fiscal quarter, commencing with the fiscal quarter ending December 31, 2021, permit its Current Ratio as of such last day to be less than 1.0 1.00 to 1.01.00.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (Halcon Resources Corp)

Current Ratio. The Borrower will not permit the Current Ratio, as of the last day of any fiscal quarter, commencing with the fiscal quarter ending December 31, 2021, its Current Ratio as of such last day to be less than 1.0 1.00 to 1.01.00.

Appears in 1 contract

Samples: Battalion Oil Corp

Current Ratio. The Borrower will not permit the Current Ratio, Ratio as of the last day of any fiscal quarter, commencing with the each fiscal quarter ending December 31on or after September 30, 2021, 2024 to be less than 1.0 1.00 to 1.01.00.

Appears in 1 contract

Samples: Credit Agreement (Infinity Natural Resources, Inc.)

Current Ratio. The Borrower will not permit the Current Ratio, as of the last day of any fiscal quarter, commencing with the fiscal quarter ending December March 31, 20212020, its Current Ratio as of such last day to be less than 1.0 1.00 to 1.01.00.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (Halcon Resources Corp)

Current Ratio. The Borrower will not permit the Current Rationot, as of the last day of any fiscal quarterFiscal Quarter, commencing with the fiscal quarter ending December 31, 20212018, permit its Current Ratio as of such day to be less than 1.0 1.00 to 1.0.1.00. Section 9.02

Appears in 1 contract

Samples: Secured Revolving Credit Agreement (Lilis Energy, Inc.)

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