Minimum Liquidity Ratio. Permit the Liquidity Ratio as of the last day of any fiscal quarter of Borrower to be less than 1.00 to 1.00.
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Samples: Credit Agreement (Dream Finders Homes, Inc.), Credit Agreement (Dream Finders Homes, Inc.), Credit Agreement (Dream Finders Homes, Inc.)
Minimum Liquidity Ratio. Permit the Liquidity Ratio Borrower will maintain as of the last day of any each fiscal quarter month, a Liquidity Ratio of Borrower to be not less than 1.00 to 1.001.50:1.00. The Liquidity Ratio is calculated as the sum of (i) Borrower’s unrestricted cash and cash equivalents, short-term marketable securities and 50% of consolidated Accounts divided by (ii) the Obligations.
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