Maximum Net Loss. No Borrower shall, as of the last day of any twelve calendar month period, permit its Net Asset Value (after giving effect to adjustments for any redemptions or subscriptions made during such period) to decrease by more than 15% of such Borrower’s Net Asset Value as of the day immediately preceding the first day of such twelve calendar month period.
Maximum Net Loss. Pursuant to Section 6.2(c) of the Credit Agreement, the Borrower's Net Income (Net Loss) for the month ending on the Reporting Date was $____________, which satisfies does not satisfy the requirement that such amount be not less than -$75,000, commencing with the month ending July 31, 2002.
Maximum Net Loss. (a) Not incur a net loss in excess of $3,000,000 for any fiscal quarter and (b) commencing with the fiscal quarter ended 11/30/04, not incur a net loss as of the end of each fiscal quarter for the rolling two fiscal quarters then ended.
Maximum Net Loss. For any fiscal quarter of Borrower, Borrower shall not incur a net loss of more than one hundred twenty percent (120%) of the projected amount of net loss for such period as set forth in Borrower’s financial projections delivered to Bank on October 25, 2004 and attached hereto as Exhibit E.
Maximum Net Loss. The Borrower shall not, as of the last day of each calendar month, permit the Net Loss for the twelve calendar months then ended to exceed $15,000,000.
Maximum Net Loss. Borrowers covenant that they will achieve as of the last day of each fiscal quarter consolidated net (loss) before tax for the respective periods set forth below, as follows (i) in respect of the fiscal quarter ending March 31, 2009, not greater than ($15,000,000); (ii) in respect of the fiscal quarter ending June 30, 2009, not greater than ($10,000,000); (iii) in respect of the fiscal quarter ending September 30, 2009, not greater than ($10,000,000); and (Iv) in respect of the fiscal quarter ending December 31, 2009, not greater than ($10,000,000).
Maximum Net Loss. The Borrower shall not have a Net Loss in excess of $75,000 as at the end of any month, commencing with the month ending July 31, 2002.
Maximum Net Loss. The Borrower shall not permit the EBITDA Loss to be greater than the following amount for the following periods: Period Amount ------ ------ Fiscal quarter $22,000,000 ended 12/31/2000 Fiscal quarter $20,000,000 ended 3/31/2001 Fiscal quarter $18,000,000 ended 6/30/2001 Fiscal quarter $15,000,000 ended 9/30/2001 Fiscal quarter $7,500,000 ended 12/31/2001 Fiscal quarter $5,000,000 ended 3/31/2002 Fiscal quarter $2,500,000 ended 6/30/2002
Maximum Net Loss. Borrower shall not suffer net losses in excess of the following amounts for the respective periods (measured quarterly): December 31, 2005 ($3,000,000) March 31, 2006 ($2,500,000) and June 30, 2006, and the last day of each fiscal quarter thereafter ($750,000)
Maximum Net Loss. Borrowers covenant that they will achieve as of the last day of each fiscal quarter consolidated net (loss) before tax, excluding any restructuring charges, for the respective periods set forth below, as follows (i) in respect of the fiscal quarters ending March 26, 2010, June 25, 2010, and September 24, 2010 not greater than ($15,000,000), (ii) in respect of the fiscal quarters ending December 24, 2010, and March 25, 2011 not greater than ($10,000,000) and (iii) in respect of each fiscal quarter thereafter, net minimum consolidated net income before tax and excluding any restructuring charges of $1,000,000.00.”
