Common use of Maintenance of Profitability Clause in Contracts

Maintenance of Profitability. PMIT 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 Mortgage Investment Trust), Master Repurchase Agreement (PennyMac Mortgage Investment Trust), Master Repurchase Agreement (PennyMac Mortgage Investment Trust)

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Maintenance of Profitability. PMIT 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 2 contracts

Samples: Master Repurchase Agreement (PennyMac Mortgage Investment Trust), Master Repurchase Agreement (PennyMac Mortgage Investment Trust)

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