Common use of Current Ratio Clause in Contracts

Current Ratio. The Borrower shall maintain at all times a ratio of Current Assets to Current Liabilities of at least 1.40 to 1.0.

Appears in 2 contracts

Samples: Loan Agreement (American Medical Alert Corp), Loan Agreement (American Medical Alert Corp)

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Current Ratio. The Borrower shall maintain at all times a ratio of Current Assets to Current Liabilities of at least 1.40 not less than 1.4 to 1.0.;

Appears in 1 contract

Samples: Loan and Security Agreement (Performance Printing Corp)

Current Ratio. The Borrower shall will maintain at all times a ratio of Current Assets current assets to Current Liabilities current liabilities of at least 1.40 to 1.0not less than 1.20:1.00.

Appears in 1 contract

Samples: Master Credit Agreement (Advanced BioEnergy, LLC)

Current Ratio. The Borrower shall maintain at all times a ratio of Current Assets to ------------- Current Liabilities of at least 1.40 not less than 1.0 to 1.0.;

Appears in 1 contract

Samples: Finova Loan and Security Agreement (Utilx Corp)

Current Ratio. The Borrower shall will maintain at all times a the ratio of its Current Assets to Current Liabilities of at least 1.40 not less than 1.25 to 1.01.00.

Appears in 1 contract

Samples: Credit Agreement and Revolving Note (Grow Biz International Inc)

Current Ratio. The Borrower shall maintain at all times a ratio of (i) Current Assets to (ii) Current Liabilities of at least 1.40 2.00 to 1.01.00.

Appears in 1 contract

Samples: Centura   Fifth Modification Agreement (Etrials Worldwide Inc.)

Current Ratio. The Borrower shall maintain maintain, at all times times, a ratio of Current Assets to Current Liabilities of at least 1.40 to 1.0.not less than 1.50:1.00. CHANGES IN CIRCUMSTANCES

Appears in 1 contract

Samples: www.sec.gov

Current Ratio. The Borrower shall maintain at all times maintain a ratio of Current (a)Current Assets to (b) Current Liabilities of at least 1.40 not less than 1.50 to 1.01.00.

Appears in 1 contract

Samples: Credit Agreement (Oreilly Automotive Inc)

Current Ratio. The Borrower shall maintain will at all times maintain a ratio of Current Assets current assets to Current Liabilities current liabilities of at least 1.40 1.00 to 1.01.00, as such terms are defined by generally accepted accounting principles.

Appears in 1 contract

Samples: Loan Agreement (Arden Group Inc)

Current Ratio. The Borrower shall maintain will maintain, at all times times, a ratio of Current Assets (a) current assets (excluding prepaid expenses), to Current Liabilities (b) current liabilities of at least 1.40 not less than 1.0 to 1.0.

Appears in 1 contract

Samples: Loan Agreement (Horizon Offshore Inc)

Current Ratio. The Borrower shall maintain will at all times maintain a ratio of Current Assets current assets to Current Liabilities current liabilities of at least 1.40 to 1.0not less than 1.50:1.0.

Appears in 1 contract

Samples: Loan Agreement (Bei Technologies Inc)

Current Ratio. The Borrower shall will maintain at all times a ratio of Current Assets current assets to Current Liabilities current liabilities of at least 1.40 not less than one to 1.0one.

Appears in 1 contract

Samples: Credit Agreement (Alliance Semiconductor Corp /De/)

Current Ratio. The Borrower shall maintain at all times a ratio of Current Assets current assets to Current Liabilities current liabilities of at least 1.40 to 1.01.75X TO 1. For purposes hereof, "current assets" and "current liabilities" (including taxes and other proper accruals) of the Borrower shall be determined in accordance with generally accepted accounting principles and practices.

Appears in 1 contract

Samples: Loan Agreement (Allegro Microsystems Inc)

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Current Ratio. The Borrower shall will maintain at all times a the ratio of its Current Assets to Current Liabilities of at least 1.40 not less than 1.2 to 1.01."

Appears in 1 contract

Samples: Revolving Credit Agreement (K Tel International Inc)

Current Ratio. The Borrower shall maintain at all times a ratio of Current Assets to Current Liabilities of at least 1.40 not less than 1.0 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (Varsity Spirit Corporation)

Current Ratio. The Borrower shall maintain shall, at all times times, maintain a ratio of Current Assets to Current Liabilities of at least 1.40 1.0 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (International PetroReal Oil CORP)

Current Ratio. The Borrower shall maintain at all times a maintain the ratio of its Current Assets to Current Liabilities of at least 1.40 a ratio which is greater than or equal to 1.25 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (Hia Inc)

Current Ratio. The Borrower Borrowers shall maintain at all times a ratio of Current Assets to Current Liabilities of at least 1.40 not less than 0.9 to 1.0."

Appears in 1 contract

Samples: Borrower Agreement (Mobility Electronics Inc)

Current Ratio. The Borrower shall will maintain at all times a the ratio of its Current Assets to Current Liabilities of at least 1.40 not less than 1.0 to 1.01."

Appears in 1 contract

Samples: Revolving Credit Agreement (K Tel International Inc)

Current Ratio. The Borrower shall maintain maintain, at all times times, a ratio of Current Assets to Current Liabilities of at least 1.40 to 1.0not less than 1.50:1.00.

Appears in 1 contract

Samples: Facility Agreement (Multi Fineline Electronix Inc)

Current Ratio. The Borrower shall maintain at all times a ratio Ratio of Current Assets current assets to Current Liabilities current liabilities of at least 1.40 1.0 to 1.0.

Appears in 1 contract

Samples: Credit Agreement (Jore Corp)

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