Current Ratio

Current Ratio. Means the ratio of Current Assets to Current Liabilities.

Current Ratio. Shall mean, in respect of a Person and as of any applicable date of determination, Current Assets divided by Current Liabilities.

Current Ratio. - deleted.

Current Ratio. Means, with respect to the Company as of any date, the ratio of (a) the aggregate amount of all current assets of the Company and the Company's Subsidiaries on a consolidated basis as of such date to (b) the aggregate amount of all current Liabilities of Company and the Company's Subsidiaries on a consolidated basis as of such date, in each case as determined (i) in accordance with GAAP applied on a consistent basis in accordance past practice and (ii) after giving effect to the payment of the... aggregate Prepayment Price for the Notes outstanding as of such date. View More

Current Ratio. Means, as of any date a determination thereof is to be made, the ratio of (a) the sum of (i) the amount of the consolidated current assets of the Borrower and its Subsidiaries plus (ii) the amount of the Borrowing Base Excess to (b) the amount of the consolidated current liabilities of the Borrower and its Subsidiaries, provided that the requirements of Statement of Financial Accounting ... Standards 133, as modified by Statement of Financial Accounting Standards 137, of the Financial Accounting Standards Board, with respect to the non-cash balance sheet and income statement treatment of derivative instruments, including, without limitation, the valuation of such instruments and accounting for fluctuations in such value, will be disregarded for purposes of calculating the foregoing ratio. View More

Current Ratio. Means the ratio of Current Assets to Current Liabilities. Note No. 1 -- Security Agreement to Convertible Secured Promissory Note February 2012: Tangiers Investors, LP 2 (f) "Indebtedness" means the indebtedness of Debtor to the Secured Party as recited in the Secured Note including without limitation principal, interest and all costs, charges and expenses of the Secured Party in respect thereof.

Current Ratio. The Borrower will not permit the Current Ratio for (i) the Test Period ending June 30, 2019 to be less than 0.85 to 1.00, (ii) the Test Period ending September 30, 2019 to be less than 0.80 to 1.00 and (iii) any Test Period ending on the last day of any fiscal quarter ending after September 30, 2019, to be less than 1.00 to 1.00.