Common use of Minimum Current Ratio Clause in Contracts

Minimum Current Ratio. The Borrower will not, as of the last day of any Fiscal Quarter (commencing with the Fiscal Quarter ending June 30, 2018), permit the Current Ratio to be less than 1.00 to 1.00.

Appears in 3 contracts

Samples: Credit Agreement (Southwestern Energy Co), Credit Agreement, Credit Agreement (Southwestern Energy Co)

AutoNDA by SimpleDocs

Minimum Current Ratio. The Borrower will notmaintain, as of the last day end of any each Fiscal Quarter (Quarter, commencing with the Fiscal Quarter ending June 30March 31, 2018)2011, permit the a Minimum Current Ratio to be of not less than 1.00 1.0 to 1.001.0.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Ram Energy Resources Inc), Second Lien Term Loan Agreement (Ram Energy Resources Inc)

Minimum Current Ratio. The Borrower will not, as of the last day of any Fiscal Quarter (commencing with the Fiscal Quarter ending June 30March 31, 20182023), permit the Current Ratio to be less than 1.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Chesapeake Energy Corp)

Minimum Current Ratio. The Borrower will notnot permit, as of the last day of any Fiscal Quarter (Quarter, commencing with the Fiscal Quarter ending June 30, 2018)2024, permit the Minimum Current Ratio to be less than 1.00 to 1.00.

Appears in 1 contract

Samples: Loan Agreement (Acacia Research Corp)

AutoNDA by SimpleDocs

Minimum Current Ratio. The Borrower will notnot permit, as of the last day of any Fiscal Quarter (Quarter, commencing with the Fiscal Quarter ending June 30, 2018)2022, permit the Minimum Current Ratio to be less than 1.00 to 1.00.. 91 [CREDIT AGREEMENT]

Appears in 1 contract

Samples: Credit Agreement (Kolibri Global Energy Inc.)

Minimum Current Ratio. The Borrower will not, as of the last day of any Fiscal Quarter (commencing with the Fiscal Quarter ending June 30March 31, 20182022), permit the Current Ratio to be less than 1.00 to 1.00.

Appears in 1 contract

Samples: Credit Agreement (Southwestern Energy Co)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!