Quick Ratio. The Borrower will not permit the ratio of Consolidated Quick Assets to Consolidated Current Liabilities to be less than 1.25 to 1 at any time.
Appears in 2 contracts
Sources: Revolving Credit and Term Loan Agreement (Marcam Corp), Revolving Credit and Term Loan Agreement (Mapics Inc)
Quick Ratio. The Borrower will not permit the ratio of Consolidated Quick Assets to Consolidated Current Liabilities to be less than 1.25 to 1 1.75:1.00 at any time.
Appears in 2 contracts
Sources: Standby Letter of Credit Agreement (Ade Corp), Revolving Credit Agreement (Appnet Systems Inc)
Quick Ratio. The Borrower will not permit the ratio of Consolidated ----------- Quick Assets to Consolidated Current Liabilities to be less than 1.25 to 1 at any time.
Appears in 2 contracts
Sources: Revolving Credit and Term Loan Agreement (Mapics Inc), Revolving Credit and Term Loan Agreement (Mapics Inc)
Quick Ratio. The Borrower will not permit the ratio of Consolidated ----------- Quick Assets to Consolidated Current Liabilities to be less than 1.25 to 1 0.70:1.00 at any time.
Appears in 1 contract
Sources: Revolving Credit and Term Loan Agreement (Mapics Inc)
Quick Ratio. The Borrower will not permit the ratio of ----------- Consolidated Quick Assets to Consolidated Current Liabilities to be less than 1.25 to 1 0.70:1.00 at any time.
Appears in 1 contract
Sources: Revolving Credit and Term Loan Agreement (Mapics Inc)
Quick Ratio. The Borrower will not permit the ratio of Consolidated Quick Assets to Consolidated Current Liabilities to be less than 1.25 to 1 1.50:1.00 at any time.
Appears in 1 contract
Quick Ratio. The Borrower will not permit the ratio of Consolidated Quick Assets to the sum of Consolidated Current Liabilities plus Total Outstandings to be less than 1.25 to 1 1.25:1.00 at any time.
Appears in 1 contract
Quick Ratio. The Borrower will not permit the ratio of Consolidated Quick Assets to Consolidated Current Liabilities to be less than 1.25 to 1 1.25:1.00 at any time.
Appears in 1 contract