Common use of Quick Ratio (Adjusted Clause in Contracts

Quick Ratio (Adjusted. A ratio of Quick Assets to Current Liabilities minus Deferred Revenue and any Quarter-End Advance of at least 1.30 to 1.00 through 3/31/04, and of at least 1.50 to 1.00 at 4/30/04 and thereafter.

Appears in 3 contracts

Samples: Loan Modification Agreement (Ecollege Com), Loan Modification Agreement (Ecollege Com), Loan Modification Agreement (Ecollege Com)

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Quick Ratio (Adjusted. A ratio of Quick Assets to Current Liabilities minus Deferred Revenue and any Quarter-End Advance of at least 1.30 to 1.00 through 3/31/04, and of at least 1.50 to 1.00 at 4/30/04 and thereafter.

Appears in 1 contract

Samples: Loan and Security Agreement (Ecollege Com)

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Quick Ratio (Adjusted. A ratio of Quick Assets to Current Liabilities minus Deferred Revenue and any Quarter-End Advance of at least 1.30 1.00 to 1.00 for the periods ending 12/31/04 through 3/31/043/31/05, and of at least 1.50 to 1.00 at 4/30/04 4/30/05 and thereafter.

Appears in 1 contract

Samples: Loan Modification Agreement (Ecollege Com)

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