Common use of Financial Covenant Required Actual Complies Clause in Contracts

Financial Covenant Required Actual Complies. Maintain on a Monthly Basis: Adjusted Quick Ratio 1.50:1.0 ______:1.0 Yes No

Appears in 2 contracts

Samples: Loan and Security Agreement (Tremor Video Inc.), Loan and Security Agreement (Tremor Video Inc.)

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Financial Covenant Required Actual Complies. Maintain on a Monthly Basis: Minimum Adjusted Quick Ratio 1.50:1.0 _1.25:1.00 _____:1.0 1.00 Yes No

Appears in 2 contracts

Samples: Loan and Security Agreement (Aerohive Networks, Inc), Loan and Security Agreement (Aerohive Networks, Inc)

Financial Covenant Required Actual Complies. Maintain on a Monthly Basis: Minimum Adjusted Quick Ratio 1.50:1.0 __1.35:1.00 ____:1.0 1.00 Yes No

Appears in 2 contracts

Samples: Loan and Security Agreement (Sensus Healthcare, Inc.), Loan and Security Agreement (Sensus Healthcare, Inc.)

Financial Covenant Required Actual Complies. Maintain on a Monthly Basisas indicated: Minimum Adjusted Quick Ratio 1.50:1.0 _(monthly) 1.25:1.00 _____:1.0 1.00 Yes No

Appears in 1 contract

Samples: Loan and Security Agreement (ChyronHego Corp)

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Financial Covenant Required Actual Complies. Maintain on a Monthly Quarterly Basis: Minimum Adjusted Quick Ratio 1.50:1.0 _1.25:1.00 _____:1.0 1.00 Yes No

Appears in 1 contract

Samples: Loan and Security Agreement (TrueCar, Inc.)

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