Minimum Current Ratio. I will maintain at all times a ratio of current assets to current liabilities, determined under consistently applied generally accepted accounting principles, of 1.1:1 or more, tested quarterly.
Appears in 2 contracts
Samples: Commercial Loan Agreement (Widepoint Corp), Commercial Loan Agreement (Widepoint Corp)
Minimum Current Ratio. I will maintain at all times a ratio of current assets to current liabilities, determined under consistently applied generally accepted accounting principles, of 1.1:1 or more, tested quarterly.
Appears in 1 contract
Minimum Current Ratio. I will maintain at all times a ratio of current assets to current liabilities, determined under consistently applied generally accepted accounting principles, of 1.1:1 or more, tested . To be measured quarterly.
Appears in 1 contract
Minimum Current Ratio. I will maintain at all times a ratio of current assets to current liabilities, determined under consistently applied generally accepted accounting principles, of 1.1:1 1.0:1 or more, tested quarterly.
Appears in 1 contract
Minimum Current Ratio. I will maintain at all times a ratio of current assets to current liabilities, determined under consistently applied generally accepted accounting principles, of 1.1:1 1.2:1 or more, tested quarterly.
Appears in 1 contract