Quick Ratio. Borrower shall maintain, as of the last day of each ----------- fiscal quarter during the term of this Agreement. a ratio of Quick Assets to Current Liabilities (excluding deferred revenue) of at least 1.50 to 1.00."
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Sources: Loan and Security Agreement (Crossworlds Software Inc), Loan and Security Agreement (Crossworlds Software Inc)
Quick Ratio. Borrower shall maintainhave, as of on the last day of each ----------- fiscal quarter during the term of this Agreement. quarter, a ratio of Quick Assets to Current Liabilities (excluding deferred revenue) of at least 1.50 to 1.00. This requirement shall remain unchanged after the Merger."
Appears in 1 contract
Sources: Loan and Security Agreement (JDS Uniphase Corp /Ca/)
Quick Ratio. Borrower shall maintain, as of the last day of each ----------- fiscal quarter during the term of this Agreement. quarter, a ratio of Quick Assets to Current Liabilities (excluding deferred revenue) of at least 1.50 2.00 to 1.00."
Appears in 1 contract
Quick Ratio. Borrower shall maintain, as of the last day of each ----------- fiscal quarter during the term of this Agreement. Borrower, a ratio of Quick Assets to Current Liabilities (excluding less deferred revenue) revenue of at least 1.50 2.00 to 1.00.". A new Section 6.12 is added to the Agreement, which shall read as follows:
Appears in 1 contract
Sources: Loan and Security Agreement (Chordiant Software Inc)
Quick Ratio. Borrower shall maintain, as of the last day of each ----------- fiscal quarter during the term of this Agreement. quarter, a ratio of Quick Assets to (b) Current Liabilities plus, to the extent not already included therein, all Indebtedness (excluding including without limitation any Contingent Obligations) owing from Borrower to Bank, less deferred revenue) , of at least 1.50 1.25 to 1.00."
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Quick Ratio. Borrower shall maintain, as of the last day of each ----------- fiscal quarter during the term of this Agreement. quarter, a ratio of Quick Assets to Current Liabilities (excluding deferred revenue) of at least 1.50 not less than 1.75 to 1.00."
Appears in 1 contract
Quick Ratio. Borrower shall maintain, as of the last day of each ----------- fiscal quarter during the term of this Agreement. quarter, a ratio of Quick Assets to Current Liabilities (excluding deferred revenue) of at least not less than 1.50 to 1.00."
Appears in 1 contract
Quick Ratio. Borrower shall maintain, as of the last day of each ----------- fiscal quarter during the term of this Agreement. quarter, a ratio of Quick Assets to Current Liabilities (excluding 80% of net deferred revenue) of at least 1.50 1.0 to 1.001."
Appears in 1 contract
Sources: Loan and Security Agreement (Worldtalk Communications Corp)
Quick Ratio. Borrower shall maintain, as of the last day of each ----------- fiscal quarter during the term of this Agreement. quarter, a ratio of Quick Assets to Current Liabilities (excluding deferred revenue) of at least 1.50 1.25 to 1.00."
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