Minimum Net Income. If as of the last day of any calendar month within a fiscal quarter of the Seller, the Seller’s consolidated Adjusted Tangible Net Worth is less than [***] or the Seller, on a consolidated basis, has cash and Cash Equivalents in an amount that is less than [***], in either case, the Seller’s consolidated Net Income for that fiscal quarter before income taxes for such fiscal quarter shall equal or exceed [***].
Minimum Net Income. Section 6.13 of the Credit Agreement is hereby amended to read in its entirety as follows:
Minimum Net Income. Pursuant to Section 6.13 of the Credit Agreement, as of the Reporting Date, Heska’s Net Income was, on a consolidated basis, $_________________, which [ ] satisfies [ ] does not satisfy the requirement that such amount be no less than $______________ on the Reporting Date, as set forth in the table below: Period Twelve months ended December 31, 2004 Three months ending March 31, 2005 Six months ending June 30, 2005 Nine months ending September 30, 2005 Twelve months ending December 31, 2005 Fifteen months ending March 31, 2006 Minimum Net Income [***] [***] [***] [***] [***] [***]
Minimum Net Income. Pursuant to Section 6.12 of the Credit Agreement, as of the Reporting Date the Borrower’s Net Income was $____________ which satisfies does not satisfy the requirement that such amount be not less than $_____________ on the Reporting Date as set forth in table below: Period Minimum Net Income Twelve months ending Dec. 31, 2001 ($6,254,000) Three months ending March 31, 2002 ($866,000) Six months ending June 30, 2002 ($1,251,000) Nine months ending Sept. 30, 2002 ($1,991,000) Twelve months ending Dec. 31, 2002 ($1,010,000)
Minimum Net Income. Pursuant to Section 6.13 of the Credit Agreement, as of the Reporting Date, Heska's Net Income was, on a consolidated basis, $_________________, which o satisfies o does not satisfy the requirement that such amount be no less than $______________ on the Reporting Date, as set forth in the table below:
Minimum Net Income. Heska will achieve, on a consolidated basis, during each period described below, Net Income in an amount not less than the amount set forth opposite such period (amounts in parentheses denote negative numbers): Period Income Twelve months ending December 31, 2009 [***] Three months ending March 31, 2010 [***] Six months ending June 30, 2010 [***] Nine months ending September 30, 2010 [***] Twelve months ending December 31, 2010 [***]
Minimum Net Income. The Borrower will achieve for each period described below, Net Income of not less than the amount set forth for each such period (numbers appearing between “( )” are negative): September 1 through May 31, 2008 $ (1,427,000 ) Fiscal Year Ending August 31, 2008 $ (2,275,000 )
Minimum Net Income. Heska will achieve, on a consolidated basis, during each period described below, Net Income in an amount not less than the amount set forth opposite such period (amounts in parentheses denote negative numbers):
Minimum Net Income. The Borrower will achieve, as of each date set forth below, fiscal year-to-date Net Income of not less than the amount set forth opposite such period (numbers appearing between parentheses are negative):
Minimum Net Income. The Borrower will maintain, during each period described below, its Net Income, determined as at the end of each quarter, at an amount not less than the amount set forth opposite such period (numbers appearing between “( )” are negative): Period Minimum Net Income Six months ending June 30, 2002 ($1,049,000) Nine months ending Sept. 30, 2002 ($665,000) Twelve months ending Dec. 31, 2002 ($600,000) "
3. Section 6.13. Section 6.13 of the Credit Agreement is amended and restated in its entirety to read as follows:
