Minimum Earnings Before Taxes. The Borrower will achieve Earnings Before Taxes, for the period from the beginning of the calendar year containing the following indicated months to the last day of such month, of not less than the amount set forth opposite such month (numbers in parenthesis denote negative numbers): Period Ending on the Last Day Of Minimum Earnings Before Taxes December, 2004 $ (1,600,000 ) January, 2005 $ (400,000 ) February, 2005 $ (650,000 ) March, 2005 $ (950,000 ) April, 2005 $ (975,000 ) May, 2005 $ (650,000 ) June, 2005 $ (325,000 ) July, 2005 $ (150,000 ) August, 2005 $ 150,000 September, 2005 $ 500,000 October, 2005 $ 800,000 November, 2005 $ 800,000 December, 2005 $ 800,000 January, 2006 $ (400,000 ) February, 2006 $ (650,000 ) March, 2006 $ (900,000 ) April, 2006 $ (900,000 ) May 2006 and thereafter $ (650,000 )
Minimum Earnings Before Taxes. The Borrower will achieve during each period described below, Earnings Before Taxes, of not less than the amount set forth opposite such period. Period Minimum Earnings Before Taxes October 2002 $(25,942,000) November 2002 $(26,379,000) December 2002 $(26,557,000) January 2003 $(617,000) February 2003 $(1,014,000) March 2003 $(1,215,000) April 2003 $(728,000) May 2003 $(773,000) June 2003 $(1,251,000) July 2003 $(1,387,000) August 2003 $(1,172,000) September 2003 $(344,000) October 2003 $2,000 November 2003 $143,000 December 2003 $1,915,000
Minimum Earnings Before Taxes. The Borrower will achieve as of the end of each fiscal year-to-date period described below, fiscal year-to-date Earnings Before Taxes of not less than the amount set forth opposite such period below: Fiscal Year-to-Date Period Minimum Earnings Before Taxes -------------------------- ----------------------------- Three Months Ending March 31, ($575,000) 2004 Six Months Ending ($300,000) June 30, 2004 Nine Months Ending September 30, $75,000 2004 Twelve Months Ending ($100,000)" December 31, 2004
Minimum Earnings Before Taxes. Pursuant to Section 5.2(a) of the Credit Agreement, Company’s Earnings Before Taxes for the fiscal year-to-date period ending on the Reporting Date, was $ , which o satisfies o does not satisfy the requirement that such amount be not less than the applicable amount set forth in the table below (numbers appearing between “< >“ are negative) on the Reporting Date: Period Min. Earnings Before Taxes Through March 31, 2012 $ 100,000 Through June 30, 2012 $ 250,000 Through September 30, 2012 $ 500,000 Through December 31, 2012 $ 750,000
Minimum Earnings Before Taxes. Section 6.2(h) of the Credit Agreement is amended in its entirety to read as follows:
Minimum Earnings Before Taxes. The Borrower will achieve Earnings Before Taxes, for the periods from June 1, 2004 to the last day of the month indicated below, of not less than the amount set forth opposite such period (numbers appearing between “( )” are negative): Month Minimum Earnings Before Taxes December 2004 $ (634,000 ) January, 2005 $ (709,000 ) February, 2005 $ (843,000 ) March, 2005 $ (727,000 ) April, 2005 $ (614,000 ) May, 2005 $ (573,000 )
Minimum Earnings Before Taxes. The Borrower will achieve during each period described below, Earnings Before Taxes, of not less than the amount set forth opposite such period: Period Minimum Earnings Before Taxes If Offering Proceeds are less than $15,000,000 Minimum Earnings Before Taxes if Offering Proceeds at least $15,000,000 November 30, 2002 <$ 1,947,000 > <$ 2,103,000 > December 31, 2002 <$ 2,544,000 > <$ 2,647,000 > January 31, 2002 <$ 542,000 > <$ 602,000 > February 28, 2003 <$ 962,000 > <$ 1,097,000 > March 31, 2003 <$ 1,290,000 > <$ 1,524,000 > April 30, 2003 <$ 1,290,000 > <$ 1,752,000 > May 31, 2003 <$ 1,327,000 > <$ 1,898,000 > June 30, 2003 <$ 1,046,000 > <$ 1,706,000 > July 31, 2003 <$ 756,000 > <$ 1,159,000 > August 31, 2003 <$ 477,000 > <$ 645,000 > September 30, 2003 <$ 490,000 > <$ 578,000 > October 31, 2003 <$ 899,000 > <$ 1,103,000 > November 30, 2003 <$ 1,333,000 > <$ 1.627,000 > December 31, 2003 <$ 1,705,000 > <$ 2,193,000 >
Minimum Earnings Before Taxes. Pursuant to Section 6.2(a) of the Credit Agreement, the Borrower’s Earnings Before Taxes for the [ ] period ending on the Reporting Date, was $___, which o satisfies o does not satisfy the requirement that such amount be not less than ___: Minimum Earnings Before Period Taxes April, 2007 $ (875,000) April through May, 2007 $ (1,325,000) April through June, 2007 $ (1,575,000) April through July, 2007 $ (1,725,000) April through August, 2007 $ (1,775,000) Fiscal Year 2008 through: September, 2007 $ 0 October, 2007 $ 0 November, 2007 $ 300,000 December, 2007 $ 400,000 January, 2008 $ 500,000 February, 2008 $ 600,000
Minimum Earnings Before Taxes. Pursuant to Section 6.2(h) of the Credit Agreement, the Borrower's Earnings Before Taxes for the fiscal year-to-date period ending on the Reporting Date, was $____________, which " satisfies " does not satisfy the requirement that such amount be not less than $_____________ during such fiscal year-to-date period as set forth in table below: Fiscal Year-To-Date Minimum Earnings Before Period Taxes ------ ----- Six Months Ending $210,000 June 30, 2003 Nine Months Ending $475,000 September 30, 2003 Twelve Months Ending $425,000 December 31, 0000 Xxxxxx Xxxxxxx Xxxxxx $210,000 June 30, 2003
Minimum Earnings Before Taxes. Section 6.2(b) of the Credit Agreement is deleted in its entirety and the following is substituted in lieu thereof:
