Common use of Minimum Current Ratio Clause in Contracts

Minimum Current Ratio. Borrower shall maintain a ratio of Current Assets to Current Liabilities of at least 1.0 to 1.0.

Appears in 1 contract

Sources: Term Loan Agreement (Fibercore Inc)

Minimum Current Ratio. Borrower shall maintain a ratio of Current Assets to Current Liabilities of at least 1.0 1.25 to 1.01.00, measured on a quarterly basis.

Appears in 1 contract

Sources: Loan and Security Agreement (Evolving Systems Inc)

Minimum Current Ratio. Borrower shall maintain a The ratio of Borrower's Current Assets to Current Liabilities of shall at least 1.0 no time be less than 1.10 to 1.01.00.

Appears in 1 contract

Sources: Revolving and Term Loan Facility (Davel Communications Group Inc)

Minimum Current Ratio. Borrower shall at all times maintain a ratio of Current Assets to Current Liabilities of at least 1.0 1.25 to 1.01.00, measured on a monthly basis.

Appears in 1 contract

Sources: Loan Agreement (Evolving Systems Inc)

Minimum Current Ratio. Borrower shall at all times maintain a ratio of Current Assets to Current Liabilities of at least 1.0 (i) 1.15 to 1.01.00 through December 31, 2015; and (ii) 1.25 to 1.00 thereafter, measured on a monthly basis.

Appears in 1 contract

Sources: Loan and Security Agreement (Evolving Systems Inc)