LMI Current Ratio Clause Samples
LMI Current Ratio. LMI and its subsidiaries shall maintain, on a consolidated basis, as of the last day of each fiscal quarter ending on or after December 31, 2002, a ratio of current assets to current liabilities of at least 1.20 to 1.0.
LMI Current Ratio. LMI SHALL MAINTAIN A RATIO OF CURRENT ASSETS TO CURRENT LIABILITIES OF AT LEAST 1.20 TO 1.0.
LMI Current Ratio. LMI shall maintain a ratio of current assets to current liabilities of at least 1.20 to 1.0. 11
LMI Current Ratio. LMI and its subsidiaries shall maintain, on a consolidated basis, as of the last day of each fiscal quarter ending on or after December 31, 2002, a ratio of current assets to current liabilities of at least 1.20 to 1.0; provided, however, that at any time during which a Current Assets Election is in effect, (a) LMI’s current assets shall be deemed to include the Current Assets Commitment Amount at such time, and (b) if the Termination Date is within one year, LMI’s current liabilities shall be deemed to include the Current Assets Commitment Amount at such time.