Modified Quick Ratio Sample Clauses

Modified Quick Ratio. The Company shall not as of the end of -------------------- any fiscal quarter suffer or permit its ratio (determined on a Consolidated basis) of (a) cash plus the value (valued in accordance with GAAP) of all Cash Equivalents, other than Cash Equivalents subject to a Lien securing Indebtedness, plus net Receivables, plus Fujitsu Receivables, to (b) Consolidated Current Liabilities, to be less than (i) 0.75 to 1.00 at the end of each of the first, second and third fiscal quarters of 1999, (ii) 0.80 to 1.00 at fiscal year-end 1999, (iii) 0.90 to 1.00 at the end of the first fiscal quarter of 2000, and (iv) 1.00 to 1.00 at the end of the second fiscal quarter of 2000 and thereafter." (vi) Section 7.16 of the Credit Agreement is hereby amended and restated in its entirety as follows:

Modified Quick Ratio. Maintain at all times a consolidated minimum ratio of total accounts receivable divided by total Trading Liabilities (meaning the total of Revolving Loans, accounts payable and accrued liabilities) of .85 to 1.00. The modified quick ratio as of December 31, 1998 was approximately .63:1.00 which is below the minimum.

Modified Quick Ratio. Borrower shall maintain on a consolidated basis as of the end of each fiscal quarter a Modified Quick Ratio of at least 1.25 to 1.00 until such time as Borrower's Four Quarter EBITDA, as evidenced by an Officer's Certificate submitted pursuant to Section 6.10(c) hereof, exceeds One Hundred Twenty-Five Million Dollars ($125,000,000); thereafter Borrower shall maintain on a consolidated basis as of the end of each fiscal quarter a Modified Quick Ratio of at least 1.00 to 1.

Modified Quick Ratio. Permit the Quick Ratio to be tested as of the last day of each month, to be less than 2.00 to 1.00; provided that Borrower shall not be required to comply with the foregoing covenant for the months ending on April 30, 2011, May 31, 2011, April 30, 2012 and May 31, 2012, so long as the Borrower has unrestricted cash on deposit with the Administrative Agent of not less than $50,000,000 as of the applicable month-end date.

Modified Quick Ratio permit the Modified Quick Ratio to be less than the following: (i) for the quarter ending January 31, 2006 - 1.5x (ii) for the quarters ending April 30, 2006 and July 31, 2006 - 1.75x; and (iii) for the quarter ending October 31, 2006 and each quarter thereafter- 2.

Modified Quick Ratio. At the end of any fiscal quarter of Guarantor when (1) the rating the rating established by Moody's for the Index Debt of Guarantor is below Ba2 or (2) the rating established by S&P for the Index Debt of Guarantor is below BB, or (3) neither Moody's nor S&P maintains a rating for the Index Debt of Guarantor, the Modified Quick Ratio is to be not less than 1.0 to 1.0. (A) Quick Assets calculation: unencumbered cash $_______ plus unencumbered short term cash ________ investments plus unencumbered marketable ________ securities which are classified as short term investments according to GAAP plus unencumbered net accounts ________ receivable plus fair market value of the following to the extent not otherwise already included in Quick Assets and to the extent having maturities of not longer than two years: securities issued or fully ________ guaranteed by the United States government or any agency thereof and backed by the full faith and credit of the United States certificates of deposit, ________ time deposits, Eurodollar time deposits, repurchase agreements, or banker's acceptances that are (A) issued by either one of the 50 largest (in assets) banks in the United States or by one of the 100 largest (in assets) banks in the world and (B) rated not less than A- by Standard & Poor's Corporation or less than A by Mood▇'▇ ▇▇▇estors Service, Inc. corporate or municipal ________ bonds rated not less than A- by Standard & Poor's Corporation or less than A by Mood▇'▇ ▇▇▇estors Service, Inc. TOTAL $_______ (B) Current Liabilities according to $_______ GAAP (C) Payments not included in Current $_______ Liabilities maturing within 12 months on Indebtedness or which are the subject of any Guarantee RATIO OF (A) TO [(B) +(C)] ________ Exhibit H NOTICE OF LIBOR PERIOD ELECTION BNP Leasing Corporation 717 ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ 2630 Dallas, Texas 75201 Attention: Lloy▇ ▇. ▇▇▇ Re: Lease Agreement dated as of October 20, 1998, between Solectron Georgia Corporation, as tenant, and BNP Leasing Corporation, as landlord Gentlemen: Capitalized terms used in this letter are intended to have the meanings assigned to them in the Lease referenced above. This letter constitutes notice to you that the LIBOR Period Election under the Lease shall be: ________________ month(s), beginning with the first Base Rent Period that commences on or after: ________________, ____. NOTE: YOU SHALL BE ENTITLED TO DISREGARD THIS NOTICE IF THE NUMBER OF MONTHS SPECIFIED ABOVE IS NOT A PERMITTED NUM...

Modified Quick Ratio. (i) For the month ending on March 31, 2013, permit the Quick Ratio, tested as of the last day of such month, to be less than [*****] to [*****], (ii) for the month ending on April 30, 2013, permit the Quick Ratio, tested as of the last day of such month, to be less than [*****] to [*****], (iii) for the month ending on May 31, 2013, permit the Quick Ratio, tested as of the last day of such month, to be less than [*****] to [*****], (iv) for the months ending on June 30, 2013, July 31, 2013 and August 31, 2013, permit the Quick Ratio, as of the last day of each such month, to be less than [*****] to [*****], (v) for the months ending on September 30, 2013, October, 31, 2013, November 30, 2013, December 31, 2013, January 31, 2014, February 28, 2014 and March 31, 2014, permit the Quick Ratio, tested as of the last day of each such month, to be less than [*****] to [*****], (vi) for the months ending on April 30, 2014 and May 31, 2014, permit the Quick Ratio, tested as of the last day of each such month, to be less than [*****] to [*****], and (vii) for the month ending on June 30, 2014 and each month thereafter, permit the Quick Ratio, tested as of the last day of each such month, to be less than [*****] to [*****].

Modified Quick Ratio. Permit its Modified Quick Ratio (defined below) to be less than 1.25:1.0 at the fiscal quarter ending April 3, 2005, nor less than 1.15:1.0 at the fiscal quarter ending July 3, 2005, nor less than 1.10:1.0 at the end of any fiscal quarter thereafter, commencing with the fiscal quarter ending October 2, 2005;”

Modified Quick Ratio. Guarantor shall not at any time -------------------- suffer or permit its ratio (determined on a consolidated basis) of (a) cash plus the value (valued in accordance with GAAP) of all Cash Equivalents and 75% of all Long Term Investments, other than Cash Equivalents or Long Term Investments subject to a Lien securing an obligation that is not a GAAP liability, plus the amount of Receivables, net of allowances for doubtful accounts, to (b) Consolidated Current Liabilities of Guarantor and its Subsidiaries, to be less than 1.10 to 1.00.