Maintenance of Profitability. Seller shall not permit Adjusted Net Income for any Test Period, before income taxes for such Test Period and distributions made during such Test Period, to be [***].
Appears in 2 contracts
Samples: Master Repurchase Agreement (Home Point Capital Inc.), Master Repurchase Agreement (Home Point Capital Inc.)
Maintenance of Profitability. Seller shall not permit Adjusted Net Income for any Test Period, before income taxes for such Test Period and distributions made during such Test Period, to be be, [***].
Appears in 2 contracts
Samples: Master Repurchase Agreement (Home Point Capital Inc.), Master Repurchase Agreement (Home Point Capital Inc.)
Maintenance of Profitability. Seller shall not permit Adjusted permit, for any Test Period, Net Operating Income for any such Test Period, before income taxes for such Test Period and distributions made during such Test Period, to be less than [***].
Appears in 1 contract
Samples: Electronic Tracking Agreement (Home Point Capital Inc.)
Maintenance of Profitability. Seller shall not permit Adjusted Net Income for any Test Period, before income taxes for such Test Period and distributions made during such Test Period, to be, (i) for the Test Period ending on June 20, 2022, a loss greater than [***] and (ii) for any Test Period thereafter, to be less than [***].
Appears in 1 contract
Samples: Master Repurchase Agreement (Home Point Capital Inc.)
Maintenance of Profitability. Seller shall not permit permit, for any Test Period, Adjusted Net Income for any such Test Period, before income taxes for such Test Period and distributions made during such Test Period, to be less than [***].
Appears in 1 contract
