Common use of Fail to maintain Clause in Contracts

Fail to maintain. Current Ratio. A ratio of Consolidated Current Assets divided by Consolidated Current Liabilities of at least 0.75: 1.0, measured on a fiscal quarter-end basis;

Appears in 1 contract

Sources: Loan and Security Agreement (Graphix Zone Inc /De/)

Fail to maintain. Current Ratio. A ratio of Consolidated Current Assets divided by Consolidated Current Liabilities of at least 0.75: 1.01.0:1.0, measured on a fiscal quarter-end basis;; and

Appears in 1 contract

Sources: Loan and Security Agreement (Intergraph Corp)