Quick Asset Ratio Sample Clauses

Quick Asset Ratio. The Borrower and the Guarantors will maintain at all times, on a consolidated basis, a Quick Asset Ratio of not less than 1.00 to 1.00, such ratio to be tested at the end of each fiscal quarter.
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Quick Asset Ratio. Xxxxxx and the Guarantors will at all times maintain a Quick Asset Ratio of not less than 0.75 to 1.0, such ratio to be tested quarterly.
Sample 1
Quick Asset Ratio. On a quarterly basis (determined as of each calendar quarter-end) not less than 1.75 TO 1.0. ["QUICK ASSET RATIO" means "Quick Assets" divided by total current liabilities, (not including deferred revenues and Subordinated Debt) including, but not limited to, current liabilities due to Trade Bank under this Facility, and "QUICK ASSETS" means cash on hand or on deposit in banks, cash equivalents, long-term marketable securities, certificates of deposit and banker's acceptances, and accounts receivable).]
Sample 1
Quick Asset Ratio. Not at any time less than .40 to 1.0. “Quick Asset Ratio” means “Quick Assets” divided by total current liabilities, and “Quick Assets” means cash on hand or on deposit in banks, readily marketable securities issued by the United States, readily marketable commercial paper rated “A-1” by Standard & Poor’s Corporation (or a similar rating by a similar rating organization), certificates of deposit and bankers acceptances, and accounts receivable (net of allowance for doubtful accounts).
Sample 1
Quick Asset Ratio. NET REALIZABLE VALUE 1. For a receivable, the amount of cash expected from the collection of present customer balances. 2. For inventory, the selling price less the completion and disposal costs.
Sample 1
Quick Asset Ratio. Borrower shall maintain at all times a ratio of Quick Assets to Adjusted Current Liabilities of not less than .75 to 1.0. "Quick Assets" means the sum of (a) cash on hand or on deposit in banks, (b) readily marketable securities issued by the United States, (c) readily marketable commercial paper rated "A-1" by Standard & Poors Corporation (or a similar rating by any similar organization which rates commercial paper), (d) certificates of deposit or banker s acceptances issued by commercial banks of recognized standing operating in the United States, and (e) receivables not more than 90 days overdue. "Adjusted Current Liabilities" means current liabilities determined in accordance with GAAP excluding the Principal Debt outstanding at any time.
Sample 1
Quick Asset Ratio. Borrower shall maintain a ratio of "Quick Assets" to current liabilities of not less than .90 to 1.00.
Sample 1
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Quick Asset Ratio. Not less than 1.0 to 1.0 determined as of each fiscal quarter end. “Quick Asset Ratio” means “Quick Assets” divided by Funded Debt, and “Quick Assets” means cash on hand or on deposit in banks, readily marketable securities issued by the United States, readily marketable commercial paper rated “A-1” by Standard & Poor’s Corporation (or a similar rating by a similar rating organization), certificates of deposit and banker’s acceptances, and accounts receivable (net of allowance for doubtful accounts). “Funded Debt” means outstanding amounts under Revolving Credit Facility whether classified as a short or long-term liability on Borrower’s financial statement.
Sample 1

Related to Quick Asset Ratio

  • Quick Ratio A ratio of Quick Assets to Current Liabilities of at least 2.00 to 1.00.

  • Consolidated Leverage Ratio Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 2.50 to 1.0.

  • Total Leverage Ratio The Borrowers will not permit the Total Leverage Ratio on the last day of any fiscal quarter to exceed 3.75 to 1.00.

  • Consolidated Total Leverage Ratio Permit the Consolidated Total Leverage Ratio as of the last day of any fiscal quarter ending on or after September 30, 2008 to be greater than 3.5 to 1.0.

  • Maximum Consolidated Leverage Ratio The Consolidated Leverage Ratio at any time may not exceed 0.75 to 1.00; and

  • Current Ratio The Borrower will not permit, as of the last day of any fiscal quarter, its ratio of (i) consolidated current assets (including the unused amount of the total Commitments, but excluding non-cash assets under FAS 133) to (ii) consolidated current liabilities (excluding non-cash obligations under FAS 133 and current maturities under this Agreement) to be less than 1.0 to 1.0.

  • Maximum Total Leverage Ratio The Borrower shall maintain, on the last day of each fiscal quarter set forth below, a Total Leverage Ratio of not more than the maximum ratio set forth below opposite such fiscal quarter: October 31, 2007, January 31, 2008, April 30, 2008, July 31, 2008, October 31, 2008 and January 31, 2009 4.7 to 1 April 30, 2009, July 31, 2009, October 31, 2009 and January 31, 2010 4.2 to 1 April 30, 2010 and each fiscal quarter thereafter 4.0 to 1

  • Consolidated Senior Leverage Ratio As of the end of each fiscal quarter of the members of the Consolidated Group, the Consolidated Senior Leverage Ratio shall not be greater than the ratio set forth below: Fiscal Quarter End Ratio ------------------ ----- December 31, 2000 3.00:1.0 March 31, 2001 3.10:1.0 June 30, 2001 3.10:1.0 September 30, 2001 2.75:1.0 December 31, 2001 and thereafter 2.50:1.0 1.6 Clause (c) of Section 7.9 of the Credit Agreement is amended to read as follows:

  • Total Net Leverage Ratio Holdings and its Restricted Subsidiaries, on a consolidated basis, shall not permit the Total Net Leverage Ratio on the last day of any Test Period to exceed the ratio set forth below opposite the last day of such Test Period:

  • Minimum Consolidated Fixed Charge Coverage Ratio The Consolidated Fixed Charge Coverage Ratio shall not be less than 1.50 to 1.00, determined based on information for the most recent fiscal quarter annualized.

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