Common use of Minimum Current Ratio Clause in Contracts

Minimum Current Ratio. The Borrower will not, as of the last day of any Fiscal Quarter (commencing with the Fiscal Quarter ending June 30, 2018), permit the Current Ratio to be less than 1.00 to 1.00.

Appears in 3 contracts

Sources: Credit Agreement (Southwestern Energy Co), Credit Agreement, Credit Agreement (Southwestern Energy Co)

Minimum Current Ratio. The Borrower will notmaintain, as of the last day end of any each Fiscal Quarter (Quarter, commencing with the Fiscal Quarter ending June 30March 31, 2018)2011, permit the a Minimum Current Ratio to be of not less than 1.00 1.0 to 1.001.0.

Appears in 2 contracts

Sources: Second Lien Term Loan Agreement (Ram Energy Resources Inc), Revolving Credit Agreement (Ram Energy Resources Inc)

Minimum Current Ratio. The Borrower will notnot permit, as of the last day of any Fiscal Quarter (Quarter, commencing with the Fiscal Quarter ending June 30, 2018)2022, permit the Minimum Current Ratio to be less than 1.00 to 1.00.. 91 [CREDIT AGREEMENT]

Appears in 1 contract

Sources: Credit Agreement (Kolibri Global Energy Inc.)

Minimum Current Ratio. The Borrower will not, as of the last day of any Fiscal Quarter (commencing with the Fiscal Quarter ending June 30March 31, 20182023), permit the Current Ratio to be less than 1.00 to 1.00.

Appears in 1 contract

Sources: Credit Agreement (Chesapeake Energy Corp)

Minimum Current Ratio. The Borrower will notnot permit, as of the last day of any Fiscal Quarter (Quarter, commencing with the Fiscal Quarter ending June 30, 2018)2024, permit the Minimum Current Ratio to be less than 1.00 to 1.00.

Appears in 1 contract

Sources: Loan Agreement (Acacia Research Corp)

Minimum Current Ratio. The Borrower will not, as of the last day of any Fiscal Quarter (commencing with the Fiscal Quarter ending June 30March 31, 20182022), permit the Current Ratio to be less than 1.00 to 1.00.

Appears in 1 contract

Sources: Credit Agreement (Southwestern Energy Co)