Common use of Adjusted Net Income Clause in Contracts

Adjusted Net Income. As of the last day of each fiscal year of the Company (commencing with the fiscal year beginning July 1, 1996), the Company shall have Adjusted Net Income for the year then ended of not less than $15,000,000.

Appears in 3 contracts

Samples: Credit Agreement (Maf Bancorp Inc), Credit Agreement (Maf Bancorp Inc), Credit Agreement (Maf Bancorp Inc)

AutoNDA by SimpleDocs

Adjusted Net Income. As of December 31, 1996, the Company shall have Adjusted Net Income for the six-month period then ended of not less than $7,500,000. Thereafter, as of the last day of each fiscal year of the Company (commencing with the fiscal year beginning July January 1, 19961997), the Company shall have Adjusted Net Income for the fiscal year then ended of not less than $15,000,000."

Appears in 3 contracts

Samples: Credit Agreement (Maf Bancorp Inc), Credit Agreement (Maf Bancorp Inc), Credit Agreement (Maf Bancorp Inc)

Adjusted Net Income. As of the last day of each fiscal year of the Company (commencing with the fiscal year beginning July 1, 1996)Company, the Company shall have Adjusted Net Income for the year then ended of not less than $15,000,00040,000,000.

Appears in 2 contracts

Samples: Credit Agreement (Maf Bancorp Inc), Credit Agreement (Maf Bancorp Inc)

AutoNDA by SimpleDocs

Adjusted Net Income. As of the last day of each fiscal year of the Company (commencing with the fiscal year beginning July 1, 1996)Company, the Company shall have Adjusted Net Income for the year then ended of not less than $15,000,00085,000,000.

Appears in 1 contract

Samples: Credit Agreement (Maf Bancorp Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!