Common use of Maintenance of Profitability Clause in Contracts

Maintenance of Profitability. Seller shall maintain profitability of at least $1.00 in Net Income for at least one of the two prior Test Periods.

Appears in 5 contracts

Samples: Master Repurchase Agreement (Pennymac Financial Services, Inc.), Master Repurchase Agreement (Pennymac Financial Services, Inc.), Master Repurchase Agreement (PennyMac Mortgage Investment Trust)

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Maintenance of Profitability. Seller shall maintain has maintained a profitability of at least $1.00 in Net Income for at least one of the two prior Test Periods.

Appears in 1 contract

Samples: Master Repurchase Agreement (Pennymac Financial Services, Inc.)

Maintenance of Profitability. Each Seller shall maintain profitability of at least $1.00 in Net Income for at least one of the two prior Test Periods.

Appears in 1 contract

Samples: Master Repurchase Agreement (PennyMac Mortgage Investment Trust)

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Maintenance of Profitability. Seller shall maintain has maintained a profitability of at least $1.00 in Net Income for at least one of the two (2) prior Test Periods.

Appears in 1 contract

Samples: Master Repurchase Agreement (PennyMac Financial Services, Inc.)

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