Quick Ratio. Borrower, on a consolidated basis, shall maintain, as of the last day of each quarter a ratio of Quick Assets to Current Liabilities of at least: (i) 1.75 to 1.0 as of the quarter ending July 31, 2004, and (ii) 2.0 to 1.0 as of the quarter ending October 31, 2004 and as of the last day of each quarter thereafter.
Appears in 4 contracts
Sources: Loan and Security Agreement (Skillsoft Public Limited Co), Loan and Security Agreement (Skillsoft Public Limited Co), Loan and Security Agreement (Skillsoft Public Limited Co)
Quick Ratio. Borrower, on a consolidated basis, Borrower shall maintain, maintain as of the last day of each quarter beginning July 31, 1997, a ratio of Quick Assets to Current Liabilities of at least: (i) 1.75 to 1.0 as of the quarter ending July 31, 2004, and (ii) least 2.0 to 1.0 as of the quarter ending October 31, 2004 and as of the last day of each quarter thereafter1.0.
Appears in 2 contracts
Sources: Loan and Security Agreement (Systemsoft Corp), Loan Agreement (Systemsoft Corp)
Quick Ratio. Borrower, on a consolidated basis, Borrower shall maintain, as of the last day of each quarter quarter, a ratio of Quick Assets to Current Liabilities of at least: (i) 1.75 least 2.50 to 1.0 as of the quarter ending July 31, 2004, and (ii) 2.0 to 1.0 as of the quarter ending October 31, 2004 and as of the last day of each quarter thereafter1.0.
Appears in 2 contracts
Sources: Loan Modification Agreement (Netscout Systems Inc), Loan Modification Agreement (Netscout Systems Inc)
Quick Ratio. Borrower, on a consolidated basis, Borrower shall maintain, as of the last day of each quarter month, a ratio of Quick Assets to Current Liabilities of at least: (i) 1.75 least 1.5 to 1.0 as of the quarter ending July 31, 2004, and (ii) 2.0 to 1.0 as of the quarter ending October 31, 2004 and as of the last day of each quarter thereafter1.0.
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Quick Ratio. Borrower, on a consolidated basis, Borrower shall maintain, maintain as of the last day of each quarter a ratio of Quick Assets to Current Liabilities Liabilities, excluding deferred revenue, of at least: (i) 1.75 to 1.0 as of the quarter ending July 31, 2004, and (ii) least 2.0 to 1.0 as of the quarter ending October 31, 2004 and as of the last day of each quarter thereafter1.0.
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Quick Ratio. Borrower, on a consolidated basis, shall maintain, Borrower will maintain as of the last day of each quarter fiscal month a ratio of Quick Assets to Current Liabilities of at least: (i) 1.75 least 0.70 to 1.0 as of the quarter ending July 31, 2004, and (ii) 2.0 to 1.0 as of the quarter ending October 31, 2004 and as of the last day of each quarter thereafter1.00.
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Quick Ratio. BorrowerBorrower shall maintain, on as of the last day of the fiscal quarter ending September 30, 1998, a consolidated basis, ratio of quick assets to current liabilities of at least 0.80 to 1.0; and Borrower shall maintain, as of the last day of each fiscal quarter ending thereafter, a ratio of Quick Assets quick assets to Current Liabilities current liabilities of at least: (i) 1.75 to least 1.0 as of the quarter ending July 31, 2004, and (ii) 2.0 to 1.0 as of the quarter ending October 31, 2004 and as of the last day of each quarter thereafterTO 1.0.
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Quick Ratio. Borrower, on Borrower shall maintain a consolidated basis, shall maintainratio of Quick Assets to Current Liabilities (less Deferred Maintenance Revenue), as of the last day of each quarter a ratio of Quick Assets to Current Liabilities month, of at least: (i) 1.75 least 1.5 to 1.0 as of the quarter ending July 31, 2004, and (ii) 2.0 to 1.0 as of the quarter ending October 31, 2004 and as of the last day of each quarter thereafter1.0.
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Quick Ratio. Borrower, on a consolidated basis, Borrower shall maintain, as of the last day of each quarter fiscal quarter, a ratio of Quick Assets to Current Liabilities of at least: (i) least 1.75 to 1.0 as of the quarter ending July 31, 2004, and (ii) 2.0 to 1.0 as of the quarter ending October 31, 2004 and as of the last day of each quarter thereafter1.0.
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Quick Ratio. Borrower, on a consolidated basis, shall maintain, Borrower will maintain as of the last day of each quarter month a ratio of Quick Assets to Current Liabilities of at least: (i) 1.75 least 1.00 to 1.0 as of the quarter ending July 31, 2004, and (ii) 2.0 to 1.0 as of the quarter ending October 31, 2004 and as of the last day of each quarter thereafter1.00.
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Quick Ratio. Borrower, on a consolidated basis, Borrower shall maintain, as of the last day of each quarter fiscal quarter, a ratio of Quick Assets to Current Liabilities (excluding deferred revenues) of at least: (i) least 1.75 to 1.0 as of the quarter ending July 31, 2004, and (ii) 2.0 to 1.0 as of the quarter ending October 31, 2004 and as of the last day of each quarter thereafter1.0.
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Quick Ratio. Borrower, on Borrower shall maintain a consolidated basis, shall maintainratio of Quick Assets to Current Liabilities (less Deferred Revenue), as of the last day of each quarter a ratio of Quick Assets to Current Liabilities quarter, of at least: (i) 1.75 least 1.5 to 1.0 as of the quarter ending July 31, 2004, and (ii) 2.0 to 1.0 as of the quarter ending October 31, 2004 and as of the last day of each quarter thereafter1.0.
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Quick Ratio. BorrowerBorrower shall maintain, on as of the last day of the fiscal quarter ending September 30, 1998, a consolidated basis, ratio of quick assets to current liabilities of at least 0.80 TO 1.0; and Borrower shall maintain, as of the last day of each fiscal quarter ending thereafter, a ratio of Quick Assets quick assets to Current Liabilities current liabilities of at least: (i) 1.75 to least 1.0 as of the quarter ending July 31, 2004, and (ii) 2.0 to 1.0 as of the quarter ending October 31, 2004 and as of the last day of each quarter thereafterTO 1.0.
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