Minimum Profitability. Permit at the end of any calendar quarter the Parent's consolidated net income, determined in accordance with GAAP, for such calendar quarter and the immediately preceding calendar quarter, taken together, to be less than $1.00.
Appears in 3 contracts
Samples: Mortgage Loan Warehousing Agreement (Aames Financial Corp/De), Mortgage Loan Warehousing Agreement (Aames Financial Corp/De), Residuals Financing Agreement (Aames Financial Corp/De)
Minimum Profitability. Permit at the end of any calendar quarter (commencing with the calendar quarter ending September 30, 1999) the Parent's consolidated net income, determined in accordance with GAAP, for such calendar quarter and the immediately preceding calendar quarter, taken together, to be less than $1.00.such
Appears in 1 contract
Samples: Residuals Financing Agreement (Aames Financial Corp/De)
