Common use of Consolidated Net Income Clause in Contracts

Consolidated Net Income. Permit its Consolidated Net Income to be less than zero (i) for any fiscal quarter or (ii) for any Fiscal Year.

Appears in 4 contracts

Samples: Credit Agreement (Flotek Industries Inc/Cn/), Credit Agreement (Flotek Industries Inc/Cn/), Credit Agreement (Flotek Industries Inc/Cn/)

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Consolidated Net Income. Permit its (i) Consolidated Net Income for any Fiscal Year of the Borrower to be less than zero, or (ii) Consolidated Net Income for any three (3) consecutive Fiscal Quarters of the Borrower to be less than zero (i) for any fiscal quarter or (ii) for any such Fiscal YearQuarter.

Appears in 2 contracts

Samples: Credit Agreement (Sanders Morris Harris Group Inc), Credit Agreement (Sanders Morris Harris Group Inc)

Consolidated Net Income. Permit its Permit (i) Consolidated Net Income for any Fiscal Year of the Borrower to be less than zero, or (ii) Consolidated Net Income for any three (3) consecutive Fiscal Quarters of the Borrower to be less than zero (i) for any fiscal quarter or (ii) for any such Fiscal YearQuarter.

Appears in 1 contract

Samples: Credit Agreement (Sanders Morris Harris Group Inc)

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Consolidated Net Income. Permit its Consolidated Net Income to be less than zero (i) for any fiscal quarter or (ii) for any Fiscal Yearyear, calculated in accordance with GAAP.

Appears in 1 contract

Samples: Revolving Credit Agreement (Lillian Vernon Corp)

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