Inventory Turnover Ratio. Maintain as of December 31st of each year ------------------------ throughout the term hereof, an Inventory Turnover Ratio of, at least, 1.25 to 1.00. Should the Inventory Turnover Ratio be, at any point in time, below this level, Borrower shall have six months to cure this breach.
Inventory Turnover Ratio. The Borrower will not permit Inventory Turnover Ratio on the dates forth below to be less than the amount specified opposite such dates: ------------------------------------------------ ------------------------------- FISCAL YEAR ENDING INVENTORY TURNOVER RATIO ------------------------------------------------ ------------------------------- December 31, 1998 through the Maturity Date 2.7 to 1 ------------------------------------------------ -------------------------------
Inventory Turnover Ratio. Not permit the Inventory Turnover Ratio for any Measurement Period to be less than 4.50 to 1.00.
Inventory Turnover Ratio. Borrower shall maintain an Inventory Turnover Ratio, measured at the end of each Fiscal Quarter on a 12 Fiscal Period rolling basis, of not less than 2.20 to 1.00.
Inventory Turnover Ratio. For each and every Fiscal Quarter, beginning with the Fiscal Quarter ending October 31, 2008, Credit Parties, on a consolidated basis shall have, at the end of each Fiscal Quarter, an Inventory Turnover Ratio for the 12-month period then ended of not less than 1.00 to 1.00.
Inventory Turnover Ratio. Permit the ratio, calculated as at the end of any fiscal quarter of the Company and its consolidated Subsidiaries, of (i) the aggregate consolidated cost of goods sold of the Company and its consolidated Subsidiaries for the period of four fiscal quarters then ended to (ii) total Inventory (on a FIFO basis) of the Company and its consolidated Subsidiaries at the end of such fiscal quarter, to be less than 1.50:1.00.
Inventory Turnover Ratio. On an annualized basis as of each designated month-end, the Borrower will maintain an Inventory Turnover Ratio (defined as cost of goods sold divided by the average monthly inventory value) equal to or greater than the following: Inventory Turnover Ratio ------------------------ June 30, 1997 4.0 July 31, 1997 4.0 August 31, 1997 4.9 September 30, 1997 4.7 October 31, 1997 5.2 November 30, 1997 3.0 For purposes of calculating the Inventory Turnover Ratio, the average monthly inventory value will be calculated as one half of the sum of book inventory value as of the first day of the applicable month plus the book inventory value as of the last day of the applicable month.
Inventory Turnover Ratio. Borrower shall not permit its Inventory Turnover Ratio for the twelve-month period ending on the last day of each fiscal quarter of Borrower during the term of this Credit Agreement, to be less than 3.00 to 1:00.
Inventory Turnover Ratio. Permit the ratio of Costs of Goods Sold to the amount of the average inventory (the sum of: (i) amount of Inventory for the most recent quarter's end plus (ii) the amount of the Inventory as of the end of each of the prior three quarters divided by 4) for the trailing four (4) quarters to be less than 1.50 to 1.00 at any time during the term of this Agreement, but tested as of the end of each fiscal quarter, beginning June 30, 1994.
