Examples of Monthly Basis in a sentence
Monthly Basis Point Fees and Minimum Quarterly Fees, as applicable, will be payable in arrears on a calendar quarter basis within 30 days after the end of each calendar quarter.
Reporting Covenant Required Complies Monthly financial statements with CC Monthly within 30 days Yes No Annual financial statements (CPA Audited) FYE within 180 days Yes No Borrowing Base Certificate w/ A/R and A/P agings, if required Monthly within 30 days when borrowing Yes No 10-Q, 10-K and 8-K Within 5 days after filing with SEC Yes No Projections Annually, within 30 days of Board approval Yes No Financial Covenant Required Actual Complies Maintain on a Monthly Basis: Minimum.
Measured on a Monthly Basis: Minimum Adjusted Quick Ratio 1.25:1.00 _____:1.00 Yes No Measured on a Quarterly Basis: Minimum Net Income See attached chart $______ Yes No Comments Regarding Exceptions: See Attached.
Maintain on a Monthly Basis: Liquidity Ratio 1.50:1.00 ____ to 1.00 Yes No TFS Revenue See Schedule 1 $_____ Yes No The following financial covenant analysis and information set forth in Schedule 1 attached hereto are true and accurate as of the date of this Certificate.
Maintain on a Monthly Basis: Minimum Tangible Net Worth The Required TNW Amount (as such term is defined in the Loan Agreement).