Liquidity Ratio. A ratio of (i) unrestricted cash and equivalents plus Net Accounts Receivable to (ii) all Indebtedness to Bank of at least 2.00 to 1.00.
Appears in 2 contracts
Samples: Loan and Security Agreement (Verilink Corp), Loan Agreement (Verilink Corp)
Liquidity Ratio. A ratio of (i) unrestricted cash and equivalents Cash at Bank (excluding any restricted cash) plus Net Accounts Receivable availability under the Revolving Line to (ii) all Indebtedness amounts owing from Borrower to Bank under the Term Line of at least 2.00 1.50 to 1.00.
Appears in 2 contracts
Samples: Loan and Security Agreement (Endologix Inc /De/), Loan and Security Agreement (Endologix Inc /De/)
Liquidity Ratio. A ratio of (i) unrestricted cash and equivalents Cash (including all pledged Cash with Bank for repayment of the Bonds) plus Net Eligible Accounts Receivable to (ii) all Indebtedness to Bank of at least 2.00 1.25 to 1.00.
Appears in 1 contract
Liquidity Ratio. A ratio of (i) unrestricted cash and equivalents Cash (to be at least $500,000 at Bank at all times) plus Net Accounts Receivable net trade accounts to (ii) all Indebtedness to Bank of at least 2.00 1.50 to 1.00.
Appears in 1 contract
Samples: Loan and Security Agreement (Auriga Laboratories, Inc.)
