Common use of Quick Ratio Clause in Contracts

Quick Ratio. The Quick Ratio, as of the last day of each fiscal quarter of the Lessee, shall be greater than or equal to 1.50 to 1.0.

Appears in 4 contracts

Sources: Participation Agreement (Veritas Software Corp /De/), Participation Agreement (Veritas Software Corp /De/), Participation Agreement (Veritas Software Corp /De/)

Quick Ratio. The Quick Ratio, as of the last day of each fiscal quarter of the Lessee, shall be greater than or equal to 1.50 to 1.01.20:1.0.

Appears in 2 contracts

Sources: Operative Agreements (Veritas Software Corp /De/), Operative Agreements (Veritas Software Corp /De/)

Quick Ratio. The Quick Ratio, as of the last day of each fiscal quarter of the Lessee, shall be greater than or equal to 1.50 1.20 to 1.0.

Appears in 1 contract

Sources: Participation Agreement (Veritas Software Corp /De/)

Quick Ratio. The Quick Ratio, Ratio as of the last day of each fiscal quarter of the Lessee, any Fiscal Quarter shall not be greater less than or equal 1.25 to 1.50 to 1.01.00.

Appears in 1 contract

Sources: Senior Secured Credit Agreement (Informix Corp)

Quick Ratio. The Quick Ratio, as of the last day of each fiscal quarter of the LesseeBorrower, shall be greater than or equal to 1.50 1.20 to 1.0.

Appears in 1 contract

Sources: Credit Agreement (Veritas Software Corp /De/)