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) "
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 6.12 of the Credit Agreement, as of the Reporting Date the Borrower’s Net Income was $____________ which o satisfies o 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 Three months ending March 31, 2006 ($600,000) Six months ending June 30, 2006 ($935,759) Nine months ending September 30, 2006 $350,000 Twelve months ending December 31, 2006 $1,000,000
Minimum Net Income. The Borrower will achieve during each period described below, consolidated minimum Net Income, of not less than the amount set forth opposite such period (numbers appearing between "< >" are negative): PERIOD MINIMUM NET INCOME ------------------------------------------ ------------------ The three months ending March 28, 2004 $ 10,000 The six months ending June 27, 2004 $ 175,000 The nine months ending September 26, 2004 $ 495,000 The twelve months ending December 26, 2004 $1,000,000
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): September 30, Period Minimum Net Income Three months ending March 31 of each fiscal year $ (1,500,000 ) Six months ending June 30 of each fiscal year $ (1,250,000 ) Nine months ending September 30 of each fiscal year $ 500,000 Twelve months ending December 31 of each fiscal year $ 2,000,000
Minimum Net Income. Company shall achieve Net Income, measured on each of the following test dates described below, for the quarter period ending on each such test date, Net Income of not less than the amount set forth opposite each such test date (numbers appearing between “< >” are negative): Test Date Minimum Net Income December 31, 2008 $ <10,800,000> March 31, 2009 $ <11,000,000> June 30, 2009 $ <5,750,000> September 30, 2009 $ <3,200,000> December 31, 2009 $ <1,000,000> March 31, 2010 $ <500,000>
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: Period Minimum Net Income Twelve months ending December 31, 2009 $575,000 Three months ending March 31, 2010 ($1,750,000) Six months ending June 30, 2010 ($2,025,000) Nine months ending September 30, 2010 ($750,000) Twelve months ending December 31, 2010 $100,000
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 and adjusted, if applicable, in accordance with Section 6.13: Period Minimum Net Income Nine months ending September 30, 2007 [***] Twelve months ending December 31, 2007 [***] Three months ending March 31, 2008 [***] Six months ending June 30, 2008 [***]
Minimum Net Income. Borrower, together with the other Companies, will achieve (together with the other Companies) during each period described below, consolidated Net Income, of not less than the amount set forth in the table below opposite such period: Fiscal Year to Date Period Ending Minimum Net Income November 2003 $ 650,000 February 2004 $ 1,000,000 May 2004 $ 1,500,000
