Common use of Limitation on Losses Clause in Contracts

Limitation on Losses. Not to incur on a consolidated basis a net loss before taxes and extraordinary items in any two consecutive quarterly accounting periods.

Appears in 2 contracts

Samples: Business Loan Agreement (American Eco Corp), Business Loan Agreement (Jerrys Famous Deli Inc)

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Limitation on Losses. Not to incur on a consolidated basis a net loss before after taxes and extraordinary items in any two consecutive quarterly accounting periods.

Appears in 1 contract

Samples: Business Loan Agreement (Channell Commercial Corp)

Limitation on Losses. Not to incur on a consolidated basis a net loss before after taxes and before extraordinary items in any two (2) consecutive quarterly accounting periods.

Appears in 1 contract

Samples: Credit Agreement (Special Devices Inc /De)

Limitation on Losses. Not to incur on a consolidated basis a net loss before taxes and extraordinary items in any two (2) consecutive quarterly accounting periods.

Appears in 1 contract

Samples: Business Loan Agreement (Tab Products Co)

Limitation on Losses. Not With respect to incur the Borrowers, on a consolidated basis basis, not to incur a net loss before taxes and extraordinary items in any two 2 consecutive quarterly accounting periodsperiods after the quarterly accounting period ending January 31, 2000.

Appears in 1 contract

Samples: Business Loan Agreement (Ashworth Inc)

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Limitation on Losses. Not to incur on a consolidated basis a net loss before taxes and extraordinary items in any two consecutive quarterly accounting periodsperiod.

Appears in 1 contract

Samples: Business Loan Agreement (Pia Merchandising Services Inc)

Limitation on Losses. Not to incur on a consolidated basis a net loss before taxes and extraordinary items for more than one fiscal quarter in any two consecutive quarterly accounting periodsfiscal year of the Borrower.

Appears in 1 contract

Samples: Business Loan Agreement (Quidel Corp /De/)

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