Ratio of Current Assets to Current Liabilities. Borrower including the Subsidiary Guarantors on a consolidated basis shall not permit the ratio of Current Assets to Current Liabilities to be less than .75:1.0 at all times and from time to time. (viii) Section 9.21 is hereby deleted and replaced with a new Section 9.21, which is hereby added as follows:
Appears in 1 contract
Sources: Sixth Amendment and Forbearance Agreement (Semx Corp)
Ratio of Current Assets to Current Liabilities. Borrower including the Subsidiary Guarantors on a consolidated basis shall not permit the ratio of Current Assets to Current Liabilities to be less than .75:1.0 .90 as of December 1998 and .95 at all times thereafter and from time to time.
(viiixiv) A new Section 9.21 is hereby deleted and replaced with a new Section 9.21, which is hereby added as follows:
Appears in 1 contract
Sources: Fifth Amendment and Forbearance Agreement (Semx Corp)