Financial Ratios. So long as any of the Debentures has not been redeemed or converted hereunder, and until such redemption or conversion has been made in full, or unless the Lender shall otherwise consent in writing, Borrower, on a consolidated basis, shall be in compliance with the agreed minimum financial ratios and standards provided in Schedule 7.01, as of the end of each fiscal quarter of Borrower and as set forth in its most recent quarterly compliance certificates delivered pursuant to Section 5.01.
Appears in 4 contracts
Samples: Convertible Loan Agreement (Simtek Corp), Convertible Loan Agreement (Digital Recorders Inc), Convertible Loan Agreement (Cover All Technologies Inc)
Financial Ratios. So long as any of the Debentures has have not been redeemed or converted hereunder, and until such redemption or conversion has been made in full, or unless the Lender Lenders shall otherwise consent in writing, Borrower, on a consolidated basis, shall be in compliance with the agreed minimum financial ratios and standards provided in Schedule 7.01, as of the end of each fiscal quarter of Borrower and as set forth in its most recent quarterly compliance certificates delivered pursuant to Section 5.01.
Appears in 2 contracts
Samples: Convertible Loan Agreement (Simtek Corp), Convertible Loan Agreement (Laserscope)
Financial Ratios. So long as any of the Debentures has not been redeemed or converted hereunder, and until such redemption or conversion has been made in full, or unless the Lender shall otherwise consent in writing, Borrower, on a consolidated basis, shall be in compliance with the agreed minimum financial ratios and standards provided in Schedule 7.01, as of the end of each fiscal quarter of Borrower and as set forth in its most recent quarterly compliance certificates delivered pursuant to Section 5.01.. -33- Agreement (Continued) --------------------------------------------------------------------------------
Appears in 1 contract
Samples: Convertible Loan Agreement (Cover All Technologies Inc)
Financial Ratios. So long as any of the Debentures has have not been redeemed or converted hereunder, and until such redemption or conversion has been made in full, or unless the Lender Required Lenders shall otherwise consent in writing, the Borrower, on a consolidated basis, shall be in compliance with the agreed minimum financial ratios AGREEMENT (CONTINUED) and standards provided in Schedule 7.01, as of the end of each fiscal quarter of Borrower and as set forth in its most recent quarterly compliance certificates delivered pursuant to Section 5.01.
Appears in 1 contract
Samples: Convertible Loan Agreement (Play by Play Toys & Novelties Inc)
Financial Ratios. So long as any of the Debentures has have not been redeemed or converted hereunder, and until such redemption or conversion has been made in full, or unless the Lender Lenders shall otherwise consent in writing, Borrower, on a consolidated basis, shall be in compliance with the agreed minimum financial ratios and standards provided in Schedule 7.01, as of the end of each fiscal quarter of Borrower and as set forth in its most recent quarterly compliance certificates delivered pursuant to Section 5.01.. -------------------------------------------------------------------------------- 31 Agreement (Continued) --------------------------------------------------------------------------------
Appears in 1 contract
Financial Ratios. So long as any of the Debentures has have not been redeemed or converted hereunder, and until such redemption or conversion has been made in full, or unless the Lender Lenders shall otherwise consent in writing, Borrower, on a consolidated basis, shall be in compliance with the covenants contained in its Senior Documents and with the agreed minimum financial ratios and standards provided in Schedule 7.01, as of the end of each fiscal quarter of Borrower and as set forth in its most recent quarterly compliance certificates delivered pursuant to Section 5.01.
Appears in 1 contract
Financial Ratios. So long as any of the Debentures Debenture has not been redeemed or converted hereunder, and until such redemption or conversion has been made in full, or unless the Lender shall otherwise consent in writing, Borrower, on a consolidated basis, shall be in compliance with the agreed minimum financial ratios and standards provided in Schedule 7.01, as of the end of each fiscal quarter of Borrower and as set forth in its most recent quarterly compliance certificates delivered pursuant to Section 5.01.
Appears in 1 contract
Samples: Convertible Loan Agreement (Obsidian Enterprises Inc)
Financial Ratios. So long as any of the Debentures has not been redeemed or converted hereunder, and until such redemption or conversion has been made in full, or unless the Lender shall otherwise consent in writing, Borrower, on a consolidated basis, shall be in compliance with the agreed minimum financial ratios and standards provided in Schedule 7.01, as of the end of each fiscal quarter of Borrower and as set forth in its most recent quarterly compliance certificates delivered pursuant to Section 5.01.. ARTICLE VIII. β
Appears in 1 contract
