Common use of Net Profit Clause in Contracts

Net Profit. The Borrowers shall earn a Consolidated minimum net profit, as determined in accordance with GAAP, of at least $1.00, measured quarterly, commencing with the fiscal quarter ending as of September 30, 2004.

Net Profit. The Borrowers shall earn a minimum Consolidated minimum net profitNet Income, as determined in accordance with GAAP, of at least $1.00, measured quarterly, commencing with quarterly as of the end of each fiscal quarter ending of each fiscal year on a cumulative basis as of September 30, 2004and for each such fiscal year.

Net Profit. The Borrowers shall earn a minimum Consolidated minimum net profitNet Income, as determined in accordance with GAAP, of at least $1.00, measured quarterly, commencing with quarterly as of the end of each fiscal quarter ending of each fiscal year on a cumulative basis as of September 30, 2004and for each such fiscal year.” and substituting the following text therefor:

Net Profit. The Borrowers shall earn a Consolidated consolidated minimum net profit, as determined in accordance with GAAP, of at least $1.00, measured quarterlymonthly, commencing with the fiscal quarter ending as of September 30, 2004on a cumulative basis.