Current Ratio. Borrower shall not permit, as of the last day of any fiscal quarter of Borrower, commencing with the fiscal quarter ending December 31, 2016, the Current Ratio for Borrower and its Subsidiaries, on a consolidated basis, to be less than 1.00 to 1.00.
Appears in 2 contracts
Samples: Credit Agreement (Granite Ridge Resources, Inc.), Credit Agreement (Granite Ridge Resources, Inc.)
Current Ratio. The Borrower shall will not permit, as of the last day of any fiscal quarter of Borrowerquarter, commencing beginning with the fiscal quarter ending December 31, 20162019, the Current Ratio for Borrower and its Subsidiaries, on a consolidated basis, to be less than 1.00 to 1.00.
Appears in 2 contracts
Samples: Credit Agreement (Northern Oil & Gas, Inc.), Credit Agreement (Northern Oil & Gas, Inc.)
Current Ratio. Borrower shall not permit, as of the last day of any fiscal quarter of Borrower, commencing with the fiscal quarter ending December 31, 2016last day of the Initial Test Period, the Current Ratio for Borrower and its Subsidiaries, on a consolidated basis, to be less than 1.00 to 1.00.
Appears in 2 contracts
Samples: Credit Agreement (Granite Ridge Resources, Inc.), Credit Agreement (Granite Ridge Resources, Inc.)
Current Ratio. Borrower shall not permit, as of the last day of any fiscal quarter of Borrowerquarter, commencing with the fiscal quarter ending December 31, 20162022, the Current Ratio for Borrower and its Consolidated Restricted Subsidiaries, on a consolidated basis, to be less than 1.00 to 1.00.
Appears in 2 contracts
Samples: Credit Agreement (Granite Ridge Resources, Inc.), Credit Agreement (Granite Ridge Resources, Inc.)
Current Ratio. Beginning with the Fiscal Quarter ending December 31, 2018 the Borrower shall not permitwill not, as of the last day of any fiscal quarter of BorrowerFiscal Quarter, commencing with the fiscal quarter ending December 31, 2016, the permit its Current Ratio for Borrower and its Subsidiaries, on a consolidated basis, as of such day then ending to be less than 1.00 to 1.00.
Appears in 1 contract
Samples: Revolving Credit Agreement (Diversified Energy Co PLC)
Current Ratio. Borrower shall not permit, as of permit its Current ------------- Ratio to be less than 1.25 to 1.00 on the last day of any fiscal quarter of Borrower, commencing with the fiscal quarter ending December 31, 2016, the Current Ratio for Borrower and its Subsidiaries, on a consolidated basis, to be less than 1.00 to 1.00quarter.
Appears in 1 contract
Samples: Credit Agreement (Acuson Corp)
Current Ratio. Borrower shall not permit, as of the last day of any fiscal quarter of Borrowerquarter, commencing with the fiscal quarter ending December March 31, 20162025, the Current Ratio for Borrower and its Consolidated Restricted Subsidiaries, on a consolidated basis, to be less than 1.00 to 1.00.
Appears in 1 contract
Samples: Credit Agreement (Peak Resources LP)
Current Ratio. The Borrower shall will not permit, as of the last day of any fiscal quarter of Borrowerquarter, commencing beginning with the fiscal quarter ending December March 31, 20162022, the Current Ratio for Borrower and its Subsidiaries, on a consolidated basis, to be less than 1.00 to 1.00.
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Current Ratio. Borrower shall not permit, as of permit its Current Ratio to be ------------- less than 1.25 to 1.00 on the last day of any fiscal quarter of Borrower, commencing with the fiscal quarter ending December 31, 2016, the Current Ratio for Borrower and its Subsidiaries, on a consolidated basis, to be less than 1.00 to 1.00quarter.
Appears in 1 contract
Samples: Credit Agreement (Acuson Corp)
Current Ratio. Borrower shall not permit, as of the last day of any fiscal quarter of Borrower, commencing with the fiscal quarter ending December 31September 30, 20162015, the Current Ratio for Borrower and its Subsidiaries, on a consolidated basis, to be less than 1.00 to 1.00.
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Current Ratio. Borrower shall not permit, as of permit its Current Ratio ------------- to be less than 1.25 to 1.00 on the last day of any fiscal quarter of Borrower, commencing with the fiscal quarter ending December 31, 2016, the Current Ratio for Borrower and its Subsidiaries, on a consolidated basis, to be less than 1.00 to 1.00quarter.
Appears in 1 contract
Samples: Credit Agreement (Acuson Corp)
Current Ratio. The Borrower shall will not permit, as of the last day of any fiscal quarter of Borrowerquarter, commencing beginning with the fiscal quarter ending December 31, 20162021, the Current Ratio for Borrower and its Subsidiaries, on a consolidated basis, to be less than 1.00 to 1.00.
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Current Ratio. Commencing with the fiscal quarter ending March 31, 2014, Borrower shall not permit, as of the last day of any fiscal quarter of Borrower, commencing with the fiscal quarter ending December 31, 2016quarter, the Current Ratio for Borrower and its Subsidiaries, on a consolidated basis, to be less than 1.00 to 1.00.
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Current Ratio. The Borrower shall will not permit, as of the last day of any fiscal quarter of Borrower, commencing with the fiscal quarter ending December 31September 30, 20162024, the Current Ratio for Borrower and its Subsidiaries, on a consolidated basis, as of such date to be less than 1.00 to 1.00.
Appears in 1 contract
Samples: Credit Agreement (BKV Corp)
Current Ratio. Borrower shall not permit, as of the last day of any fiscal quarter of Borrower, commencing with the fiscal quarter ending December 31, 2016quarter, the Current Ratio for Borrower and its Subsidiaries, on a consolidated basis, to be less than 1.00 1.0 to 1.001.0.
Appears in 1 contract
Samples: Senior Subordinated Credit Agreement (BG Staffing, Inc.)
Current Ratio. The Borrower shall will not permit, as of the last day of any fiscal quarter of Borrowerquarter, commencing with the fiscal quarter ending December March 31, 20162023, the Current Ratio for Borrower and its Subsidiaries, on a consolidated basis, to be less than 1.00 to 1.00.
Appears in 1 contract
Current Ratio. The Borrower shall will not permit, as of the last day of any fiscal quarter of Borrowerquarter, commencing beginning with the fiscal quarter ending December 31, 20162018, the Current Ratio for Borrower and its Subsidiaries, on a consolidated basis, to be less than 1.00 to 1.00.
Appears in 1 contract
