Common use of Minimum Current Ratio Clause in Contracts

Minimum Current Ratio. On a consolidated basis with its subsidiaries, Borrower shall maintain at al times a minimum Current Ratio of not less than 1.20 to 1.00.

Appears in 3 contracts

Sources: Revolving Loan and Security Agreement, Revolving Loan and Security Agreement (Amphastar Pharmaceuticals, Inc.), Revolving Loan and Security Agreement (Amphastar Pharmaceuticals, Inc.)

Minimum Current Ratio. On a consolidated basis with its subsidiariesSubsidiaries, Borrower shall maintain at al all times a minimum Current Ratio of not less than 1.20 to 1.00, which shall be measured as of the end of each calendar quarter by Lender.

Appears in 3 contracts

Sources: Loan Agreement, Loan Agreement (Amphastar Pharmaceuticals, Inc.), Loan Agreement (Amphastar Pharmaceuticals, Inc.)