Common use of Maximum Net Loss Clause in Contracts

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.

Appears in 2 contracts

Samples: Credit and Security Agreement (Pro Dex Inc), Credit and Security Agreement (Pro Dex Inc)

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Maximum Net Loss. Pursuant to Section 6.2(c6.2(b) of the Credit Agreement, the Borrower's ’s Net Income (Net Loss) Loss for the month period ending on the Reporting Date Date, was $____________$ , which satisfies does not satisfy the requirement that such amount be not less more than -$75,000, commencing with $ on the month ending July 31, 2002Reporting Date.

Appears in 1 contract

Samples: Credit and Security Agreement (Staar Surgical Co)

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Maximum Net Loss. Pursuant to Section 6.2(c6.2(d) of the Credit Agreement, the Borrower's Net Income (Net Loss) for the month ending on the Reporting Date was $____________Date, the Borrowers' Net Income (Net Loss) is $ , which o satisfies o does not satisfy the requirement that such amount be the Borrowers will not less than -$75,000, commencing with the month ending July 31, 2002suffer a Net Loss in excess of $150,000 during any month.

Appears in 1 contract

Samples: Credit and Security Agreement (Netlist Inc)

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