Common use of Maintenance of Profitability Clause in Contracts

Maintenance of Profitability. Seller shall not permit, for any four (4) consecutive fiscal quarters, Seller’s Net Income for such four (4) fiscal quarters (on an aggregate basis) to be less than $1.00.

Appears in 5 contracts

Samples: www.sec.gov, loanDepot, Inc., loanDepot, Inc.

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Maintenance of Profitability. Seller shall not permit, for any the four (4) consecutive fiscal quartersquarters ending on the relevant Test Date, Seller’s Net Income for such four (4) consecutive fiscal quarters (on an aggregate basis) to be less than $1.00.

Appears in 1 contract

Samples: Eleventh Amendment (Impac Mortgage Holdings Inc)

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