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 3 contracts
Samples: Credit Agreement (Civitas Resources, Inc.), Credit Agreement (Civitas Resources, Inc.), Credit Agreement (Civitas Resources, Inc.)
Current Ratio. The Borrower will not permit the Current Ratio, Ratio as of the last day of any fiscal quarter, quarter (commencing with the first full fiscal quarter ending December 31, 2021, after the Closing Date) to be less than 1.0 to 1.0.
Appears in 3 contracts
Samples: Borrowing Base Agreement (TXO Partners, L.P.), Credit Agreement (TXO Partners, L.P.), Credit Agreement (MorningStar Partners, L.P.)
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, 2023 to be less than 1.0 1.00 to 1.01.00.
Appears in 2 contracts
Samples: Credit Agreement (California Resources Corp), Credit Agreement (California Resources Corp)
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 2 contracts
Samples: Credit Agreement (California Resources Corp), Credit Agreement (California Resources Corp)
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 Borrower will shall not permit the its Current Ratio, Ratio determined as of the last day end of any fiscal quarter, commencing with the each fiscal quarter ending December 31, 2021, to be less than 1.0 to 1.01, commencing as of the fiscal quarter ending March 31, 2017.
Appears in 1 contract
Samples: Revolver Loan Agreement (Viking Investments Group, Inc.)
Current Ratio. 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, Ratio as of the last day of any fiscal quarter, commencing with the fiscal quarter ending on or after December 31, 2021, 2018 to be less than 1.0 1.00 to 1.01.00.
Appears in 1 contract
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 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 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 0.85 to 1.01.00.
Appears in 1 contract
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 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, 2020 to be less than 1.0 1.00 to 1.01.00.
Appears in 1 contract
Current Ratio. The Borrower will not permit the Current Ratio, Ratio as of the last day of any fiscal quarter, quarter (commencing with the first full fiscal quarter ending December 31, 2021, after the Initial Funding Date) to be less than 1.0 to 1.0.
Appears in 1 contract
Samples: Credit Agreement (Pressburg, LLC)
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 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: Senior Secured Revolving Credit Agreement (Battalion Oil Corp)
