Common use of Quick Ratio Clause in Contracts

Quick Ratio. Borrower shall maintain, as of the last day of each fiscal quarter, a ratio of Quick Assets to Current Liabilities, less deferred maintenance revenue, of at least 1.0 to 1.0.

Quick Ratio. Borrower shall maintain, as of the last day of each fiscal quarter, a ratio of Quick Assets to Current Liabilities, Liabilities less deferred maintenance revenue, revenue of at least 1.0 1.50 to 1.0.

Quick Ratio. Borrower shall Borrowers will maintain, as of on the last day of each fiscal quarterquarter of Borrowers, a the ratio of Quick Assets to Current Liabilities, Liabilities of not less deferred maintenance revenue, of at least 1.0 than 1.00 to 1.01.00.

Quick Ratio. Borrower shall maintain, as of the last day of each fiscal quarter, a ratio of Quick Assets to Current LiabilitiesLiabilities (excluding, for this purpose, deferred revenue) of not less deferred maintenance revenue, of at least 1.0 than 2.50 to 1.01.00.

Quick Ratio. Borrower shall maintain, as of the last day of ----------- each fiscal calendar quarter, a ratio of Quick Assets to Current Liabilities, less excluding deferred maintenance revenue, of at least 1.0 1.75 to 1.0.. 6.11

Quick Ratio. Borrower shall maintain, as of the last day of each fiscal quarterquarter of Borrower, a ratio of Quick Assets to Current Liabilities, Liabilities less deferred maintenance revenue, revenue of at least 1.0 2.00 to 1.0.1.00. A new Section 6.12 is added to the Agreement, which shall read as follows:

Quick Ratio. Borrower shall maintain, maintain as of the last day of each fiscal quarter, month a ratio of Quick Assets to Current Liabilities, less excluding deferred maintenance revenue, of at least 1.0 to 1.0.

Quick Ratio. Borrower shall maintain, as of the last day of each fiscal quarter, a ratio of Quick Assets to Current Liabilities, Liabilities of not less deferred maintenance revenue, of at least 1.0 than 1.75 to 1.01.00.

Quick Ratio. Borrower shall maintain, as of the last day of each fiscal quarter, a ratio of Quick Assets to Current Liabilities, Liabilities less the current portion of deferred maintenance revenue, revenue of at least 1.0 to 1.0[****].

Quick Ratio. Borrower shall maintain, as of the last day of each fiscal quartercalendar month, a ratio of Quick Assets to Current Liabilities, Liabilities less deferred maintenance revenue, revenue of at least 1.0 1.50 to 1.0.

Quick Ratio. Borrower shall maintain, as of the last day of each fiscal quarter, a ratio of Quick Assets to Current Liabilities, less Liabilities (excluding deferred maintenance revenue, revenues) of at least 1.0 2.00 to 1.01.00.

Quick Ratio. Borrower shall maintain, as of the last day ----------- of each fiscal quarter, a ratio of Quick Assets to Current Liabilities, less deferred maintenance revenue, Liabilities of at least 1.0 to 1.0, provided this Section shall not apply after the Revolving Maturity Date.

Quick Ratio. Borrower shall maintainmaintain a ratio of Quick Assets to Current Liabilities (less Deferred Maintenance Revenue), as of the last day of each fiscal quarter, a ratio of Quick Assets to Current Liabilities, less deferred maintenance revenuemonth, of at least 1.0 1.5 to 1.0.

Quick Ratio. Borrower shall maintain, as of the last day of each fiscal quarter, a ratio of Quick Assets to Current Liabilities, less Liabilities (excluding deferred maintenance revenue, revenues) of at least 1.0 1.75 to 1.0.

Quick Ratio. Borrower shall maintain, as of the last day of each fiscal quarterquarter of Borrower, or, in the event Borrower's aggregate balance of unrestricted cash and cash equivalents ever falls below $25,000,000, as of the last day of each calendar month, a ratio of Quick Assets to Current Liabilities, less non-refundable and deferred maintenance revenue, of at least 1.0 2.0 to 1.0.

Quick Ratio. Borrower shall maintain, as of the last day of each fiscal quarter, a ratio of Quick Assets to (b) Current LiabilitiesLiabilities plus, to the extent not already included therein, all Indebtedness (including without limitation any Contingent Obligations) owing from Borrower to Bank, less deferred maintenance revenue, of at least 1.0 1.25 to 1.01.00.

Quick Ratio. Borrower shall maintain, as of the last day of each fiscal quarter, a ratio of Quick Assets to Current Liabilities, less Liabilities (excluding 80% of net deferred maintenance revenue, ) of at least 1.0 to 1.0.. 6.9