Common use of Minimum Quick Ratio Clause in Contracts

Minimum Quick Ratio. At the end of each fiscal quarter, the Borrower will not permit the Quick Ratio to be less than 1.0 to 1.

Appears in 1 contract

Sources: Credit Agreement (Xircom Inc)

Minimum Quick Ratio. At the end of each fiscal quarter, the Borrower will shall not permit the Quick Ratio of the Borrower and its Subsidiaries, on a consolidated basis, to be less than 1.0 to 11.25:1.00.

Appears in 1 contract

Sources: Loan and Security Agreement (Global Eagle Entertainment Inc.)