Required Actual Eligible Sample Clauses
Required Actual Eligible. Adjusted Quick Ratio ≥ 1.50:1.0 ___:1.0 Yes No
Required Actual Eligible. Adjusted Quick Ratio > 1.0 to 1.0 to 1.0 Yes No
Required Actual Eligible. Modified Liquidity Ratio (first or second month of each calendar quarter) ≥1.0 : 1.0 _____ : 1.0 Yes No N/A Modified Liquidity Ratio (third month of each calendar quarter) ≥1.15 : 1.0 _____ : 1.0 Yes No N/A Required Actual Eligible Adjusted Quick Ratio ≥2.0 : 1.0 _____ : 1.0 Yes No Sincerely, EVERYDAY HEALTH, INC. EVERYDAY HEALTH MEDIA, LLC MEDPAGE TODAY, L.L.C. Title Date TO: SILICON VALLEY BANK Date: FROM: _________________________ The undersigned authorized officer of EVERYDAY HEALTH, INC., EVERYDAY HEALTH MEDIA, LLC and MEDPAGE TODAY, L.L.C. (jointly and severally, individually and collectively, “Borrower”) certifies that under the terms and conditions of the Loan and Security Agreement among Borrower and Bank (as amended, the “Agreement”):
Required Actual Eligible. Maintain:
Required Actual Eligible. Adjusted Quick Ratio > 1.50:1.0 ___:1.0 Yes No All other representations and warranties in the Agreement are true and correct in all material respects on this date, and Borrower represents that there is no existing Event of Default. Sincerely, VIRTUALSCOPICS, INC. VIRTUALSCOPICS NEW YORK, LLC Signature Title Date Borrower: VirtualScopics, Inc. and VirtualScopics New York, LLC Lender: Silicon Valley Bank Commitment Amount: $2,000,000.00
Required Actual Eligible. Liquidity $______* $_____ Yes No *As set forth in the definition of Streamline Facility Eligible.
Required Actual Eligible. Modified Liquidity Ratio (first or second month of each calendar quarter) ≥1.0 : 1.0 ____ : 1.0 Yes No N/A Modified Liquidity Ratio (third month of each calendar quarter) ≥1.15 : 1.0 ____ : 1.0 Yes No N/A Required Actual Eligible Adjusted Quick Ratio ≥ 2.0 : 1.0 ____ : 1.0 Yes No Sincerely, EVERYDAY HEALTH, INC. CAREPAGES, INC. REVOLUTION HEALTH GROUP LLC Signature Title Date TO: SILICON VALLEY BANK Date: FROM: The undersigned authorized officer of EVERYDAY HEALTH, INC., CAREPAGES, INC. and REVOLUTION HEALTH GROUP LLC (jointly and severally, individually and collectively, “Borrower”) certifies that under the terms and conditions of the Loan and Security Agreement among Borrower and Bank (as amended, the “Agreement”):
