Current Ratio. The Borrower will not permit the Current Ratio as of the last day of any fiscal quarter (commencing with first full fiscal quarter after the Closing Date) to be less than 1.0 to 1.0.
Appears in 4 contracts
Sources: Borrowing Base Agreement (TXO Partners, L.P.), Credit Agreement (TXO Partners, L.P.), Borrowing Base Agreement (TXO Partners, L.P.)
Current Ratio. The Borrower will not permit the Current Ratio Ratio, as of the last day of any fiscal quarter (quarter, commencing with first full the fiscal quarter after the Closing Date) ending December 31, 2021, to be less than 1.0 to 1.0.
Appears in 3 contracts
Sources: Credit Agreement (Civitas Resources, Inc.), Credit Agreement (Civitas Resources, Inc.), Credit Agreement (Civitas Resources, Inc.)
Current Ratio. The Borrower will not permit the Current Ratio as of the last day of any the fiscal quarter (commencing with first full fiscal quarter ending on or after the Closing Date) March 31, 2021 to be less than 1.0 1.00 to 1.01.00.
Appears in 2 contracts
Sources: Credit Agreement (California Resources Corp), Credit Agreement (California Resources Corp)
Current Ratio. The Beginning with the Fiscal Quarter ending September 30, 2022, the Borrower will not permit the Current Ratio not, as of the last day of any fiscal quarter (commencing with first full fiscal quarter after the Closing Date) Fiscal Quarter, permit its Current Ratio as of such day to be less than 1.0 1.00 to 1.01.00.
Appears in 2 contracts
Sources: Revolving Credit Agreement (Diversified Energy Co PLC), Revolving Credit Agreement (Diversified Energy Co PLC)
Current Ratio. The Borrower will not permit the Current Ratio as of the last day of any each fiscal quarter (commencing with first full fiscal quarter ending on or after the Closing Date) September 30, 2024 to be less than 1.0 1.00 to 1.01.00.
Appears in 2 contracts
Sources: Credit Agreement (Infinity Natural Resources, Inc.), Credit Agreement (Infinity Natural Resources, Inc.)
Current Ratio. The Beginning with the Fiscal Quarter ending June 30, 2017 the Borrower will not permit the Current Ratio not, as of the last day of any fiscal quarter (commencing with first full fiscal quarter after the Closing Date) Fiscal Quarter, permit its Current Ratio as of such day then ending to be less than 1.0 1.00 to 1.01.00.
Appears in 2 contracts
Sources: Senior Secured Revolving Credit Agreement (Silverbow Resources, Inc.), Senior Secured Revolving Credit Agreement (Swift Energy Co)
Current Ratio. The Borrower will not permit the Current Ratio as of the last day of any the fiscal quarter (commencing with first full fiscal quarter ending on or after the Closing Date) March 31, 2023 to be less than 1.0 1.00 to 1.01.00.
Appears in 2 contracts
Sources: Credit Agreement (California Resources Corp), Credit Agreement (California Resources Corp)
Current Ratio. The Borrower will not permit the its Current Ratio as of the last day end of any each fiscal quarter (commencing with first full fiscal quarter after the Closing Date) to be less than 1.0 to 1.01.30:1.
Appears in 2 contracts
Sources: Loan Agreement (Digital Recorders Inc), Convertible Loan Agreement (Digital Recorders Inc)
Current Ratio. The Beginning with the fiscal quarter ending December 31, 2016, the Borrower will not permit the Current Ratio not, as of the last day of any fiscal quarter (commencing with first full fiscal quarter after the Closing Date) quarter, permit its Current Ratio as of such last day to be less than 1.0 1.00 to 1.01.00.
Appears in 1 contract
Sources: Senior Secured Revolving Credit Agreement (Halcon Resources Corp)
Current Ratio. The Borrower will not permit the Current Ratio not, as of the last day of any fiscal quarter (commencing with first full fiscal quarter after the Closing Date) quarter, permit its Current Ratio as of such last day to be less than 1.0 1.00 to 1.01.00.
Appears in 1 contract
Sources: Senior Secured Revolving Credit Agreement (Halcon Resources Corp)
Current Ratio. The Borrower will not permit the Current Ratio as of the Borrower and its Subsidiaries on the last day of any fiscal quarter (commencing with first full fiscal quarter after the Closing Date) Fiscal Quarter to be less than 1.0 to 1.01.50:1.00.
Appears in 1 contract
Current Ratio. The Borrower will not permit the Current Ratio as of the last day of any fiscal quarter (commencing with first full fiscal quarter after the Closing Initial Funding Date) to be less than 1.0 to 1.0.
Appears in 1 contract
Sources: Credit Agreement (Pressburg, LLC)
Current Ratio. The Borrower will not permit the Current Ratio as of the last day of any the fiscal quarter (commencing with first full fiscal quarter ending on or after the Closing Date) March 31, 2020 to be less than 1.0 1.00 to 1.01.00.
Appears in 1 contract
Current Ratio. The Beginning with the Fiscal Quarter ending June 30, 2016, the Borrower will not permit the Current Ratio not, as of the last day of any fiscal quarter (commencing with first full fiscal quarter after the Closing Date) Fiscal Quarter, permit its Current Ratio as of such day then ending to be less than 1.0 1.00 to 1.01.00.
Appears in 1 contract
Sources: Senior Secured Revolving Credit Agreement (Swift Energy Co)
Current Ratio. The Borrower will not permit the Current Ratio as of the last day of any fiscal quarter (quarter, commencing with first full the fiscal quarter after the Closing Date) ending March 31, 2020, its Current Ratio as of such last day to be less than 1.0 1.00 to 1.01.00.
Appears in 1 contract
Sources: Senior Secured Revolving Credit Agreement (Halcon Resources Corp)
Current Ratio. The Borrower will not permit the Current Ratio as of Ratio, determined on the last day of any fiscal quarter (commencing with first full fiscal quarter after the Closing Date) Fiscal Quarter set forth below, to be less than 1.0 to 1.01.
Appears in 1 contract
Sources: Loan and Security Agreement (AquaBounty Technologies, Inc.)
Current Ratio. The Borrower will not permit the Current Ratio as of the last day of any fiscal quarter (quarter, commencing with first full the fiscal quarter after the Closing Date) ending December 31, 2021, its Current Ratio as of such last day to be less than 1.0 1.00 to 1.01.00.
Appears in 1 contract
Sources: Senior Secured Revolving Credit Agreement (Battalion Oil Corp)
Current Ratio. The Borrower will not permit the Current Ratio as of the last day of any fiscal quarter (commencing with first full fiscal quarter ending on or after the Closing Date) June 30, 2025 to be less than 1.0 1.00 to 1.01.00.
Appears in 1 contract
Current Ratio. The Borrower will not permit the Current Ratio as of the last day of any the fiscal quarter (commencing with first full fiscal quarter ending on or after the Closing Date) March 31, 2021 to be less than 1.0 0.85 to 1.01.00.
Appears in 1 contract
Current Ratio. The Borrower will not permit the Current Ratio permit, as of the last day of any fiscal quarter (commencing with first full the fiscal quarter after ending September 30, 2024, the Closing Date) Current Ratio as of such date to be less than 1.0 1.00 to 1.01.00.
Appears in 1 contract
Sources: Credit Agreement (BKV Corp)