Quick Assets. 1. Amount of cash and cash equivalents of Borrower and its Subsidiaries (excluding restricted cash) as of the Statement Date: $______________
Quick Assets. To maintain on a consolidated basis as of the end of each quarterly accounting period quick assets in excess of current liabilities by at least Eight Million Dollars ($8,000,000).
Quick Assets. The sum of cash in excess of Four Million Five Hundred ------------ Thousand Dollars ($4,500,000), marketable securities and Net Accounts Receivable of MRL as of the Closing Date, as shown on the Closing Balance Sheet and computed in accordance with generally accepted accounting principles.
Quick Assets. The definition of "Consolidated Quick Assets" contained in Section 1.01 of the Credit Agreement is hereby amended to be as follows:
Quick Assets. Maintain a minimum ratio of cash, short term and long term investments in securities, accounts receivable divided by total current liabilities of 1.50 to 1.0, all as computed and determined in accordance with generally accepted accounting principles on a basis consistently maintained by Borrower.
Quick Assets. Debtor shall maintain Quick Assets of not less than Nine Million and 00/100 ($9,000,000.00) Dollars as of the end of each calendar quarter.
Quick Assets. To maintain on a consolidated basis as of the end of each quarterly accounting period commencing June 1, 1999, quick assets in excess of current liabilities by at least Fifteen Million Dollars ($15,000,000)."
Quick Assets. To maintain on a consolidated basis as of the last day of each quarter, a ratio of Quick Assets to current liabilities of at least 1.15:1.00. As used herein, "Quick Assets" means cash, short-term cash investments, net trade receivables and marketable securities not classified as long-term investments.
Quick Assets. (a) Cash, plus.................................................... $________
