Liquidity Ratio definition

Liquidity Ratio means the ratio of Liquidity to all Indebtedness to Bank.

Liquidity Ratio means a ratio equal to (a) Borrower’s unrestricted cash and Cash Equivalents maintained with Bank at all times, plus an amount equal to Borrower’s net accounts receivable divided by (b) all outstanding Obligations.

Liquidity Ratio is the ratio of (a) Quick Assets to (b) all of Borrower’s Obligations to Lenders (but specifically excluding any cash-secured Obligations).

Examples of Liquidity Ratio in a sentence

• A condition of Liquidity Impairment exists when your Liquidity Ratio, as determined in paragraph (b) of this sec- tion, is less than 1.20.

• Permit the Consolidated Liquidity Ratio as of the end of any fiscal quarter (or at the request of the Administrative Agent, as of the end of any calendar month) to be less than 1.05 to 1.00.

• If, based on the Liquidity Ratio as shown in Borrower’s financial statements, there is to be an increase in the interest rate, the interest rate increase may be put into effect by Bank as of the first day of the month following the month in which Borrower’s financial statements were due, even if the delivery of the financial statements is delayed.

• Changes in the interest rate based on the Borrower’s Liquidity Ratio as provided above shall go into effect as of the first day of the month following the month in which Borrower’s financial statements are received by Bank.

• Further, the buyer can reckon the approved securities acquired under reverse repo transaction for the purpose of Statutory Liquidity Ratio (SLR) during the period of the repo.

More Definitions of Liquidity Ratio

Liquidity Ratio means, as of any date for which it is tested, the ratio of (a) an amount equal to (i) unrestricted cash and cash equivalents maintained with Bank, plus (ii) the Borrowing Base, to (b) the aggregate principal amount of all outstanding Obligations.

Liquidity Ratio means a ratio of Borrower’s (a) (i) unrestricted and unencumbered cash and Cash Equivalents maintained with Bank and Bank’s Affiliates plus (ii) the aggregate amount of Borrower’s net billed accounts receivable to (b) the aggregate amount of all Obligations (other than any Obligations related to Bank Services that are secured by specifically pledged and segregated cash on terms and in amounts satisfactory to Bank in its sole discretion).

Liquidity Ratio means, for any date of determination, the ratio of (a)(i) the aggregate amount of unrestricted and unencumbered cash (other than Liens in favor of Bank) held at such time by Borrower in Deposit Accounts maintained with Bank, plus (ii) accounts receivable determined according to GAAP for the Borrower and its consolidated Subsidiaries, divided by (b) the principal amount of outstanding Credit Extensions.

Liquidity Ratio means the ratio between the liquid assets and current liabilities, where

Liquidity Ratio means fifty percent (50%).

Liquidity Ratio means (a) the sum of (i) Borrower’s unrestricted cash, plus (ii) net billed accounts receivable (including earned but unbilled accounts receivable that is expected to be billed within ten (10) Business Days of month end), divided by (b) all outstanding Obligations under the Revolving Line.

Liquidity Ratio means as of any date for which it is tested, the ratio of (a) unrestricted cash and cash equivalents to (b) the aggregate amount of outstanding Equipment Advances.