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 current assets to Current Liabilities current liabilities in excess of at least 1.40 2.0 to 1.0; calculated at the end of each QUARTER.

Appears in 2 contracts

Samples: Loan Agreement (Pacific Aerospace & Electronics Inc), Loan Agreement (Pacific Aerospace & Electronics 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 1.50 to 1.0.

Appears in 2 contracts

Samples: Loan and Security Agreement (Truett-Hurst, Inc.), Loan and Security Agreement (Truett-Hurst, 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 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 (Grow Biz International 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 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 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 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 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 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: Uncommitted Revolving Credit Facility Agreement (Multi Fineline Electronix Inc)

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)

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Current Ratio. The Borrower shall will maintain at all times a ratio of Current Assets to Current Liabilities of at least 1.40 _ to 1.01.00.

Appears in 1 contract

Samples: Reimbursement, Credit and Security Agreement

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: Modification Agreement (Etrials Worldwide Inc.)

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 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: Loan and Security Agreement (Utilx Corp)

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 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: Letter of Credit, Loan and Security Agreement and Promissory Note (Mobility Electronics Inc)

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