Common use of Current Assets and Liabilities Clause in Contracts

Current Assets and Liabilities. The Guarantor and its Consolidated Subsidiaries will maintain Current Assets in an amount which is not less than one hundred twenty percent (120%) of Current Liabilities.

Appears in 2 contracts

Sources: Guaranty and Suretyship Agreement (Burlington Coat Factory Warehouse Corp), Guaranty and Suretyship Agreement (Burlington Coat Factory Warehouse Corp)

Current Assets and Liabilities. The Corporate Guarantor and its Consolidated Subsidiaries will maintain Current Assets in an amount which is not less than one hundred twenty percent (120%) of Current Liabilities.

Appears in 1 contract

Sources: Letter of Credit and Reimbursement Agreement (Burlington Coat Factory Warehouse Corp)