Common use of Intraquarterly Adjusted Quick Ratio Clause in Contracts

Intraquarterly Adjusted Quick Ratio. An Adjusted Quick Ratio of at least (A) 0.95 to 1.00 as May 31, 2009 and June 30, 2009, and (B) 1.00 to 1.00 as of August 31, 2009 and as of the last day of each of the first two months in each of Borrower’s fiscal quarters thereafter (it being understood that the first two months in each of Borrower’s fiscal quarters are February, March, May, June, August September, November and December).

Appears in 3 contracts

Samples: Fourth Loan Modification Agreement (Finisar Corp), Fourth Loan Modification Agreement (Finisar Corp), Fourth Loan Modification Agreement (Finisar Corp)

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Intraquarterly Adjusted Quick Ratio. An Adjusted Quick Ratio of at least (A) 0.95 to 1.00 as May 31, 2009 2009, June 30, 2009, August 31, 2009, and June September 30, 2009, and (B) 1.00 to 1.00 as of August 31November 30, 2009 and as of the last day of each of the first two months in each of Borrower’s fiscal quarters thereafter (it being understood that the first two months in each of Borrower’s fiscal quarters are February, March, May, June, August September, November and December).

Appears in 3 contracts

Samples: Fourth Loan Modification Agreement (Finisar Corp), Fourth Loan Modification Agreement (Finisar Corp), Fourth Loan Modification Agreement (Finisar Corp)

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Intraquarterly Adjusted Quick Ratio. An Adjusted Quick Ratio of at least (A) 0.95 to 1.00 as of the months ending May 31, 2009 and June 30, 2009, and (B) 1.00 to 1.00 as of the month ending August 31, 2009 and as of the last day of for each of the first two months in each of Borrower’s fiscal quarters thereafter (it being understood that the first two months in each of Borrower’s fiscal quarters are is February, March, May, May June, August September, November and December).

Appears in 1 contract

Samples: Third Loan Modification Agreement (Finisar Corp)

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