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 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 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 the ratio of Current Assets to Current Liabilities to be less than 1.00 to 1.00 at any time.. Actual (d) Section 7.16:

Appears in 1 contract

Sources: Credit Agreement (Midcoast Energy Resources Inc)

Current Ratio. Permit the ratio of Current Assets (plus Available Commitment) to Current Liabilities to be at any time less than 1.00 1.0 to 1.00 at any time1.0.

Appears in 1 contract

Sources: Credit Agreement (Swift Energy Co)

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 1 contract

Sources: Credit Agreement (Lucas 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 time.1.00. Actual to 1.0

Appears in 1 contract

Sources: Credit Agreement (Primeenergy Corp)

Current Ratio. Permit the its ratio of Current Assets to Current Liabilities to be less than 1.00 to 1.00 1.25:1 at any time.

Appears in 1 contract

Sources: Term Loan and Letter of Credit Agreement (Ogden Corp)

Current Ratio. Permit the ratio of Current Assets to Current Liabilities to be less than 1.00 to 1.00 at any time. 3.

Appears in 1 contract

Sources: Credit Agreement (Midcoast Energy Resources Inc)

Current Ratio. Permit the ratio of Current Assets to Current Liabilities at any time to be less than 1.00 0.30 to 1.00 at any time1.

Appears in 1 contract

Sources: Note Purchase Agreement (Max & Ermas Restaurants Inc)

Current Ratio. Permit the ratio of Current Assets its current assets to Current Liabilities its current liabilities to be less than 1.00 to 1.00 at any time1.00.

Appears in 1 contract

Sources: Credit Authorization Agreement (Bixby Carl L)

Current Ratio. Permit the ratio of Current Assets to Current Liabilities at any time to be less than 1.00 0.35 to 1.00 at any time1.

Appears in 1 contract

Sources: Revolving Credit Agreement (Max & Ermas Restaurants Inc)

Current Ratio. Permit the ratio of Current Assets to Current Liabilities at any time to be less than 1.00 to 1.00 eight tenths-to-one (0.8-to-1) at any time.

Appears in 1 contract

Sources: Credit and Security Agreement (Group Technologies Corp)

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 the ratio of Current Assets to Current Liabilities to be less than 1.00 to 1.00 at any timeanytime.

Appears in 1 contract

Sources: Credit Agreement (NPC Holdings Inc)

Current Ratio. Permit the ratio of Current Assets to ------------- Current Liabilities to be less than 1.00 to 1.00 at any time.. ___ to 1.0 (b) Section 6.17:

Appears in 1 contract

Sources: Credit Agreement (Southern Mineral Corp)

Current Ratio. Permit the ratio of Current Assets current assets to Current Liabilities current liabilities at any time to be less than 1.00 1.0 to 1.00 at any time1.0 (for purposes of this calculation, current assets will include an amount equal to the Borrowing Base Availability).

Appears in 1 contract

Sources: Credit Agreement (Belco Oil & Gas Corp)

Current Ratio. Permit the The ratio of Current Assets to Current Liabilities to be less than 1.00 1.5 to 1.00 at any time1.0.

Appears in 1 contract

Sources: Note Purchase and Private Shelf Agreement (American Biltrite Inc)

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 1 contract

Sources: Credit Agreement (Southern Mineral Corp)

Current Ratio. Permit the ratio of Current Assets its current assets to Current Liabilities its current liabilities to be less than 1.00 1.0 to 1.00 at any time1.00.

Appears in 1 contract

Sources: Credit Agreement (Made2manage Systems Inc)

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 1 contract

Sources: Credit Agreement (Gastar Exploration LTD)

Current Ratio. Permit the its ratio at any date of Current Assets to Current Liabilities to be less than 1.00 to 1.00 at any time1.08:1.0.

Appears in 1 contract

Sources: Mortgage Loan Warehousing Agreement (First Mortgage Corp /Ca/)