Common use of PROFITABILITY RATIO Clause in Contracts

PROFITABILITY RATIO. Net Income (prior three fiscal quarters) $ Net Income (fiscal quarter just ended) $ Total Net Income (prior four fiscal quarters) $ Minimum required $ 1.00 or more In compliance? ¨Yes ¨No

Appears in 2 contracts

Samples: loanDepot, Inc., loanDepot, Inc.

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PROFITABILITY RATIO. Net Income (prior three (3) fiscal quarters) $ Net Income (fiscal quarter just ended) $ Total Net Income (prior four (4) fiscal quarters) $ Minimum required $ (trailing 12 months calculated quarterly) $1.00 or more In compliance? ¨Yes ¨Noo Yes o No

Appears in 1 contract

Samples: Seventh Amendment (Impac Mortgage Holdings Inc)

PROFITABILITY RATIO. Net Income (prior three fiscal quarters) $ Net Income (fiscal quarter just ended) $ Total Net Income (prior four fiscal quarters) $ Minimum required $ $1.00 or more In compliance? ¨Yes ¨No

Appears in 1 contract

Samples: loanDepot, Inc.

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PROFITABILITY RATIO. Net Income (prior three (3) fiscal quarters) $ Net Income (fiscal quarter just ended) $ Total Net Income (prior four (4) fiscal quarters) $ Minimum required (trailing 12 months calculated quarterly) $ 1.00 or more In compliance? ¨Yes ¨Noo Yes o No

Appears in 1 contract

Samples: Eighth Amendment (Impac Mortgage Holdings Inc)

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