Common use of Current Ratio Clause in Contracts

Current Ratio. The Borrower will not permit, as of the last day of any fiscal quarter, its Current Ratio to be less than 1.0 to 1.0.

Appears in 5 contracts

Sources: Credit Agreement (Constellation Energy Partners LLC), Credit Agreement (Constellation Energy Partners LLC), Credit Agreement (Constellation Energy Partners LLC)

Current Ratio. The Borrower will not permit, as of the last day of any fiscal quarterquarter commencing with the fiscal quarter ending March 31, its 2025, the Current Ratio as of such date to be less than 1.0 1.00 to 1.01.00.

Appears in 2 contracts

Sources: Credit Agreement (Prairie Operating Co.), Credit Agreement (Prairie Operating Co.)

Current Ratio. The Borrower will not permitnot, as of the last day of any fiscal quarterFiscal 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 (Silverbow Resources, Inc.)

Current Ratio. The Borrower will not permit, as of the last day of any fiscal quarter, its beginning with the fiscal quarter ending December 31, 2019, the Current Ratio to be less than 1.0 1.00 to 1.01.00.

Appears in 2 contracts

Sources: Credit Agreement (Northern Oil & Gas, Inc.), Credit Agreement (Northern Oil & Gas, Inc.)

Current Ratio. The Borrower will not permit, as of the last day of any fiscal quarter, commencing with the fiscal quarter ending June 30,December 31, 2015, its Current Ratio to be less than 1.0 to 1.0.

Appears in 2 contracts

Sources: Credit Agreement (Sanchez Production Partners LP), Credit Agreement

Current Ratio. The Borrower will not permitpermit the Current Ratio, as of the last day of any fiscal quarter, its Current Ratio to be less than 1.0 to 1.0.

Appears in 2 contracts

Sources: Credit Agreement (Bonanza Creek Energy, Inc.), Credit Agreement (PDC Energy, Inc.)

Current Ratio. The Borrower will not permit, as of the last day of any fiscal quarter, commencing with the fiscal quarter ending June 30, 2015, its Current Ratio to be less than 1.0 to 1.0.

Appears in 2 contracts

Sources: Credit Agreement, Credit Agreement (Sanchez Production Partners LP)

Current Ratio. The Borrower will not permitpermit the Current Ratio, as of the last day of any fiscal quarter, its Current Ratio to be less than 1.0 1.00 to 1.01.00.

Appears in 2 contracts

Sources: Credit Agreement (PDC Energy, Inc.), Credit Agreement (PDC Energy, Inc.)

Current Ratio. The Borrower will not permitnot, as of the last day of any fiscal quarterFiscal Quarter, commencing with the quarter ending December 31, 2018, permit its Current Ratio as of such day to be less than 1.0 1.00 to 1.01.00.

Appears in 1 contract

Sources: Senior Secured Revolving Credit Agreement (Lilis Energy, Inc.)

Current Ratio. The Borrower will shall not permit, as of permit its Current Ratio ------------- to be less than 1.25 to 1.00 on the last day of any fiscal quarter, its Current Ratio to be less than 1.0 to 1.0.

Appears in 1 contract

Sources: Credit Agreement (Acuson Corp)

Current Ratio. The Borrower will not permit, as of the last day of any fiscal quarter, commencing with the fiscal quarter ending June 30, 2013, its Current Ratio to be less than 1.0 to 1.0.

Appears in 1 contract

Sources: Credit Agreement (Constellation Energy Partners LLC)

Current Ratio. The Borrower will shall not permit, as of permit its Current Ratio to be ------------- less than 1.50 to 1.00 on the last day of any fiscal quarter, its Current Ratio to be less than 1.0 to 1.0.

Appears in 1 contract

Sources: Credit Agreement (Acuson Corp)

Current Ratio. The Borrower will not permit, as of the last day of any fiscal quarter, its beginning with the fiscal quarter ending December 31, 2018, the Current Ratio to be less than 1.0 1.00 to 1.01.00.

Appears in 1 contract

Sources: Credit Agreement (Northern Oil & Gas, Inc.)

Current Ratio. The Borrower will not permit, as of the last day dayclose of business on any fiscal quarter, commencing with the fiscal quarter ending December 31, 2015,day, its Current Ratio to be less than 1.0 to 1.0.

Appears in 1 contract

Sources: Credit Agreement (Sanchez Midstream Partners LP)

Current Ratio. The Borrower will not permit, as of the last day of any fiscal quarter, its commencing with the fiscal quarter ending June 30, 2023, Parent’s Current Ratio to be less than 1.0 to 1.0.

Appears in 1 contract

Sources: Credit Agreement (Epsilon Energy Ltd.)

Current Ratio. The Borrower will not permit, as of the last day of any fiscal quarter, its beginning with the fiscal quarter ending March 31, 2022, the Current Ratio to be less than 1.0 1.00 to 1.01.00.

Appears in 1 contract

Sources: Credit Agreement (Northern Oil & Gas, Inc.)

Current Ratio. The Borrower will not permit, as As of the last day of any fiscal quartereach Fiscal Quarter, the Borrower shall not permit its Current Ratio to be less than 1.0 1.6 to 1.0.

Appears in 1 contract

Sources: Revolving Credit and Letter of Credit Issuance Agreement (Pitt Des Moines Inc)