Common use of Minimum Current Ratio Clause in Contracts

Minimum Current Ratio. The Borrower will not permit the ratio, determined as of the end of each fiscal quarter, of current assets to current liabilities to be less than 1.50 to 1.00.

Minimum Current Ratio. The Borrower will not permit the ratio, determined as ratio of the end of each fiscal quarter, of its current assets to its current liabilities liabilities, determined on a consolidated basis, to be less than 1.50 2.0 to 1.001 as at the last day of each fiscal quarter of the Borrower, commencing with the fiscal quarter ending September 30, 2001.

Minimum Current Ratio. The Borrower will not permit the ratio, determined as ratio of the end of each fiscal quarter, of its current assets to its current liabilities liabilities, determined on a consolidated basis, to be less than 1.50 1.5 to 1.001 as at the last day of each fiscal quarter of the Borrower.

Minimum Current Ratio. The Borrower will not permit the ratio, determined as ratio of the end of each fiscal quarter, of its current assets to its current liabilities liabilities, determined on a consolidated basis, to be less than 1.50 2.0 to 1.001 as at the last day of any fiscal quarter of the Borrower.

Minimum Current Ratio. The Borrower will not permit the ratio, determined as ratio of the end of each fiscal quarter, of its current assets to its current liabilities liabilities, determined on a consolidated basis, to be less than 1.50 1.4 to 1.001 as at the last day of each fiscal quarter of the Borrower.