No Net Loss. A policy of the State of Washington designed to halt the introduction of new adverse impacts to shoreline ecological functions resulting from new development. This policy incorporates both protection and restoration to maintain or improve shoreline environmental conditions.
No Net Loss. Asta Funding and its Subsidiaries shall have no net loss on a consolidated basis during any Fiscal Year. For purposes of computing net loss of Asta Funding and its Subsidiaries, the net income of any Non-Credit Party Affiliate (to the extent such net income is greater than zero) shall be excluded from such computation.
No Net Loss. Borrower shall suffer no Net Loss, at any time, as determined in accordance with GAAP, commencing December 31, 2018 and tested annually at each Fiscal Year end thereafter.
No Net Loss. Recreational developments shall not result in a net loss of shoreline ecological functions or ecosystem-wide processes.
No Net Loss. The Borrower and its Consolidated Subsidiaries shall not incur a net loss on a consolidated basis for any Fiscal Year. Notwithstanding the foregoing, for the fiscal year ending June 30, 1999 only, the Borrower and its Consolidated Subsidiaries may incur a net loss after taxes, which shall not exceed $4,000,000.00.
No Net Loss. Consolidated Net Income (but calculated before taxes and extraordinary items in accordance with GAAP) not to be less than negative $4,000,000 in the aggregate over two or more consecutive quarters Yes No
No Net Loss. Measured as of the end of each fiscal year for the four (4) fiscal quarter period then-ended, Net Income of greater than $0.
No Net Loss. Section 6.15.5 of the Loan Agreement is hereby amended by deleting the phrase "March 31, 2010" and replacing it with the phrase "March 31, 2012.
No Net Loss. The Company will not permit its Consolidated Net Income (but calculated before taxes and extraordinary items in accordance with GAAP) for any two or more consecutive fiscal quarters to be less than -$4,000,000 (negative four million Dollars) in the aggregate.
No Net Loss. No net loss as of the end of any Fiscal Quarter Net income calculated according to GAAP on a twelve (12) month trailing basis.* $ *Net income as of the end of any FQ through the FQ ending December 31, 2015, shall not include any gains or losses on the sale, revaluation, impairment charges, or other disposition event related to Borrower’s Fokker 100 Aircraft that occurred on or prior to September 30, 2015 provided that for purposes of any add-backs to income on account of any non-cash impairment charges for such events are calculated at the tax rate of thirty-five percent (35%).
