Common use of Profitability Clause in Contracts

Profitability. Borrower shall not incur a loss (as defined below) in excess of $1,500,000 for each month. For purposes of this paragraph, "loss" means net income after taxes of less than $0.00, as reported on Borrower's financial statements.

Profitability. Borrower shall not incur a loss (as defined below) in excess of $1,500,000 1,750,000 for each monththe quarters ending June 30, 1998 and September 30, 1998, and a loss in excess of $1,000,000 for the quarter ending December 31, 1998. For purposes of this paragraph, "loss" means net income after taxes of less than $0.00, as reported on Borrower's financial statements.

Profitability. Borrower shall not incur a loss any Loss (as defined below) in excess of $1,500,000 for each month750,000 per quarter. For purposes of this paragraph, "loss" means net income after taxes of less than $0.00taxes, as reported on Borrower's financial statements.

Profitability. Borrower shall not incur a loss (as defined below) in excess of $1,500,000 500,000 for each monthany fiscal quarter, and shall not incur any loss in two consecutive quarters. For purposes of this paragraph, "loss" means net income income, after taxes taxes, of less than $0.00, as reported determined based on Borrower's financial statements.

Profitability. Borrower shall not incur a loss (as defined below) in excess of $1,500,000 350,000 for each monthany fiscal quarter, and shall not incur any loss in two consecutive quarters. Borrower shall not incur a loss, in the aggregate, for any fiscal year. For purposes of this paragraph, "loss" means net income income, after taxes taxes, of less than $0.00, as reported determined based on Borrower's financial statements.