Common use of Net Working Capital Clause in Contracts

Net Working Capital. The Company will not permit the ratio (calculated on the last day of each fiscal quarter) of Net Working Capital to Consolidated Debt to be less than 1.0 to 1.0."

Appears in 3 contracts

Sources: Note Agreement (Castle a M & Co), Note Agreement (Castle a M & Co), Note Agreement (Castle a M & Co)

Net Working Capital. The Company U.S. Borrower will not permit the ratio (calculated on the last day of each fiscal quarter) of Net Working Capital to Consolidated Debt to be less than 1.0 to 1.0."

Appears in 3 contracts

Sources: Credit Agreement (Castle a M & Co), Credit Agreement (Castle a M & Co), Credit Agreement (Castle a M & Co)