Common use of Minimum Earnings Before Taxes Clause in Contracts

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

Appears in 1 contract

Samples: Credit and Security Agreement (Digital Angel Corp)

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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 $$ (25,942,00025,942,000 ) November 2002 $$ (26,379,00026,379,000 ) December 2002 $$ (26,557,00026,557,000 ) January 2003 $$ (617,000617,000 ) February 2003 $$ (1,014,0001,014,000 ) March 2003 $$ (1,215,0001,215,000 ) April 2003 $$ (728,000728,000 ) May 2003 $$ (773,000773,000 ) June 2003 $$ (1,251,0001,251,000 ) July 2003 $$ (1,387,0001,387,000 ) August 2003 $$ (1,172,0001,172,000 ) September 2003 $$ (344,000344,000 ) October 2003 $$ 2,000 November 2003 $$ 143,000 December 2003 $$ 1,915,000

Appears in 1 contract

Samples: Credit and Security Agreement (Digital Angel Corp)

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

Appears in 1 contract

Samples: Credit and Security Agreement (Digital Angel Corp)

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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 $$ (25,942,00025,942,000 ) November 2002 $$ (26,379,00026,379,000 ) December 2002 $$ (26,557,00026,557,000 ) January 2003 $$ (617,000617,000 ) February 2003 $$ (1,014,0001,014,000 ) March 2003 $$ (1,215,0001,215,000 ) April 2003 $$ (728,000728,000 ) May 2003 $$ (773,000773,000 ) June 2003 $$ (1,251,0001,251,000 ) July 2003 $$ (1,387,0001,387,000 ) August 2003 $$ (1,172,0001,172,000 ) September 2003 $$ (344,000344,000 ) October 2003 $$ 2,000 November 2003 $$ 143,000 December 2003 $$ 1,915,000

Appears in 1 contract

Samples: Credit and Security Agreement (Digital Angel Corp)

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