Common use of Current Ratio Clause in Contracts

Current Ratio. Permit the ratio of Current Assets to Current Liabilities to be less than 1.00 to 1.00 at any time.

Appears in 3 contracts

Sources: Credit Agreement (Rocky Mountain Energy Corp), Credit Agreement (Midcoast Energy Resources Inc), Credit Agreement (NPC Holdings Inc)

Current Ratio. Permit Permit, as of the close of any fiscal quarter, the ratio of Current Assets to Current Liabilities to be less than 1.00 to 1.00 at any time1.00.

Appears in 3 contracts

Sources: Credit Agreement (Primeenergy Corp), Credit Agreement (Exploration Co of Delaware Inc), Credit Agreement (Harken Energy Corp)

Current Ratio. Permit the ratio of Current Assets to Current Liabilities to be less than 1.00 to 1.00 at any time.. Actual

Appears in 3 contracts

Sources: Credit Agreement (Rocky Mountain Energy Corp), Credit Agreement (NPC Holdings Inc), Credit Agreement (Midcoast Energy Resources Inc)

Current Ratio. Permit Permit, as of the close of any fiscal quarter, the ratio of (i) the sum of Current Assets plus the unused portion of this credit facility to (ii) Current Liabilities to be less than 1.00 to 1.00 at any time1.00.

Appears in 2 contracts

Sources: Credit Agreement (United Heritage Corp), Credit Agreement (Tradestar Services, Inc.)

Current Ratio. Permit As of any fiscal quarter end, permit the ratio of Current Assets to Current Liabilities to be less than 1.00 1.50 to 1.00 at any time1.00.

Appears in 2 contracts

Sources: Credit Agreement (Ahl Services Inc), Credit Agreement (Ahl Services Inc)

Current Ratio. Permit the as of each fiscal quarter end, its ratio of Current Assets current assets to Current Liabilities current liabilities to be less than 1.00 2.00 to 1.00 at any time1.00.

Appears in 1 contract

Sources: Loan Agreement (U S Global Investors Inc)

Current Ratio. Permit the ratio of Current Assets to Current Liabilities at the close of any fiscal quarter, beginning with the September 30, 1998 Financial Statements, to be less than 1.00 1.25 to 1.00 at any time1.00.

Appears in 1 contract

Sources: Credit Agreement (Dril-Quip Inc)

Current Ratio. Permit As of any fiscal quarter end, permit the ratio of Current Assets to Current Liabilities to be less than 1.00 1.5 to 1.00 at any time1.

Appears in 1 contract

Sources: Credit Agreement (Ahl Services Inc)

Current Ratio. Permit Permit, as of the close of any fiscal quarter, the ratio of Current Assets to Current Liabilities to be less than 1.00 to 1.00 at any time.1.00. Actual ___ 1.0 (b) Section 6.14:

Appears in 1 contract

Sources: Credit Agreement (Harken Energy Corp)

Current Ratio. Permit As of the end of any quarter, permit the ratio of its (a) Current Assets to (b) Current Liabilities to be less than 1.00 1.35 to 1.00 at any time1.00.

Appears in 1 contract

Sources: Credit Agreement (Medcath Inc)

Current Ratio. Permit Permit, as of the close of any fiscal quarter, the ratio of Current Assets to Current Liabilities to be less than 1.00 to 1.00 at any time.1.00. to 1.0

Appears in 1 contract

Sources: Credit Agreement (Primeenergy Corp)

Current Ratio. Permit Permit, as of the close of any fiscal quarter, the ratio of Current Assets to Current Liabilities to be less than 1.00 to 1.00 at any time.1.00. Actual to 1.0

Appears in 1 contract

Sources: Credit Agreement (Primeenergy Corp)

Current Ratio. Permit Calculated as of the end of each fiscal quarter and fiscal year end, permit the ratio of Current Assets to Current Liabilities to be less than 1.00 1.10 to 1.00 at any time1.00.

Appears in 1 contract

Sources: Revolving Credit Agreement (Tandycrafts Inc)

Current Ratio. Permit the ratio of Current Assets to Current Liabilities on a quarterly consolidated basis to be less than 1.00 to 1.00 at any time1.00.

Appears in 1 contract

Sources: Credit Agreement (Sheridan Energy Inc)

Current Ratio. Permit Permit, as of the close of any fiscal quarter, the ratio of Current Assets to Current Liabilities to be less than 1.00 to 1.00 at any time1.00, measured on a trailing four-quarter basis.

Appears in 1 contract

Sources: Credit Agreement (Primeenergy Corp)

Current Ratio. Permit As of any fiscal quarter end, permit the ratio of Current Assets to Current Liabilities to be less than 1.00 1.20 to 1.00 at any time1.00.

Appears in 1 contract

Sources: Credit Agreement (Ahl Services Inc)

Current Ratio. Permit Permit, as of the close of any fiscal quarter, the ratio of Current Assets to Current Liabilities to be less than 1.00 1.75 to 1.00 at any time1.00.

Appears in 1 contract

Sources: Credit Agreement (Contango Oil & Gas Co)

Current Ratio. Permit Permit, as of the close of any fiscal quarter, the ratio of Current Assets to Current Liabilities to be less than 1.00 1.25 to 1.00 at any time1.00.

Appears in 1 contract

Sources: Credit Agreement (Contango Oil & Gas Co)

Current Ratio. Permit Permit, as of the close of any fiscal quarter, the ratio of Current Assets to Current Liabilities to be less than 1.00 to 1.00 at any time.measured on a trailing four quarter basis. Actual ------ _____ to 1.0

Appears in 1 contract

Sources: Credit Agreement (Primeenergy Corp)

Current Ratio. Permit at any fiscal quarter end the ratio of its Current Assets to Current Liabilities to be less than 1.00 1.0 to 1.00 at any time1.0.

Appears in 1 contract

Sources: Loan Agreement (Equity Oil Co)

Current Ratio. Permit the as of any fiscal quarter end, its ratio of Current Assets current assets to Current Liabilities current liabilities to be less than 1.00 2.00 to 1.00 at any time1.00.

Appears in 1 contract

Sources: Credit Agreement (U S Global Investors Inc)

Current Ratio. Permit Permit, as of the close of any fiscal quarter, the ratio of Current Assets to Current Liabilities to be less than 1.00 1.25 to 1.00 at any time.1.00. Actual

Appears in 1 contract

Sources: Credit Agreement (Contango Oil & Gas Co)

Current Ratio. Permit Permit, as of the close of any fiscal quarter, the ratio of Current Assets to Current Liabilities to be less than 1.00 1.25 to 1.00 at any time1.00."

Appears in 1 contract

Sources: Credit Agreement (Contango Oil & Gas Co)

Current Ratio. Permit Permit, as of the close of any fiscal quarter, the ratio of Current Assets to Current Liabilities to be less than 1.00 to 1.00 at any time.1.00, beginning with the period ending December 31, 2004. Actual ____ to 1.0

Appears in 1 contract

Sources: Credit Agreement (Primeenergy Corp)

Current Ratio. Permit Permit, as of the close of any fiscal quarter, the ratio of Current Assets to Current Liabilities to be less than 1.00 to 1.00 at any time1.00, beginning with the period ending December 31, 2004.

Appears in 1 contract

Sources: Credit Agreement (Primeenergy Corp)