Current Ratio. The Borrower will at all times maintain a Current Ratio of not less than 1.5 to 1.0. The Current Ratio shall be calculated and tested quarterly as of the last day of each fiscal quarter of the Borrower.
Appears in 10 contracts
Sources: Loan Agreement (Vpgi Corp), Loan Agreement (Continential Southern Resources Inc), Loan Agreement (Touchstone Resources Usa, Inc.)
Current Ratio. The Borrower and its Subsidiaries will at all times maintain a Current Ratio of not less than 1.5 1.50 to 1.01.00. The Current Ratio shall be calculated and tested quarterly as of the last day of each fiscal quarter of the BorrowerFiscal Quarter.
Appears in 2 contracts
Sources: Credit Agreement (Veritas DGC Inc), Credit Agreement (Veritas DGC Inc)
Current Ratio. The Borrower will at all times maintain a Current Ratio of not less than 1.5 1.00 to 1.01.00. The Current Ratio shall be calculated and tested quarterly as of the last day of each fiscal quarter of the Borrower.
Appears in 1 contract
Current Ratio. The Borrower will at all times will maintain a Current Ratio of not less than 1.5 to 1.0. The Current Ratio shall be 1.0:1.0, calculated and tested quarterly as of the last day of each fiscal quarter of the Borrower, commencing as of the last day of the fiscal quarter ending June 30, 2004.
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Current Ratio. The Borrower will at all times maintain a Current Ratio of not less than 1.5 1.25 to 1.01.0 as of the Closing Date and at all times thereafter. The Current Ratio shall will be calculated and tested quarterly as of commencing with the last day of each fiscal quarter of the Borrowerending June 30, 2020.
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Current Ratio. The Borrower will at all times maintain a Current Ratio of not less than 1.5 1.10 to 1.01.00. The Current Ratio shall be calculated and tested quarterly as of the last day of each fiscal quarter of the Borrower.
Appears in 1 contract