Common use of Profitability Clause in Contracts

Profitability. Borrower will maintain a net profit, after provision for income taxes, of any positive amount for any consecutive twelve month period, as reported at the end of each fiscal quarter.

Appears in 2 contracts

Samples: Logo] Loan Agreement (Gasonics International Corp), Logo] Loan Agreement (Gasonics International Corp)

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Profitability. Borrower will maintain a net profit, after provision for income taxes, of any positive amount for any two consecutive twelve month periodfiscal quarters, as reported at the end of each such fiscal quarter, and maintain a net profit, after provision for income taxes for its fiscal year end.

Appears in 2 contracts

Samples: Loan Agreement (Ilc Technology Inc), Loan Agreement (Ilc Technology Inc)

Profitability. Borrower will maintain a net profit, after provision for income taxes, of any a positive amount for any consecutive twelve month period, as reported at the end of each fiscal quarteryear end.

Appears in 1 contract

Samples: Loan Agreement (Viasat Inc)

Profitability. Borrower will maintain a its net profit, after provision for income taxes, of any positive amount at not less than One Dollars ($ 1) for any consecutive twelve six-month period, as reported at the end of each fiscal quarter.

Appears in 1 contract

Samples: Loan Agreement (Arden Group Inc)

Profitability. Borrower Borrowers will maintain a net profit, after provision for income taxes, of any positive amount for any consecutive twelve month period, as reported at the end of each fiscal quarterquarter and each fiscal year end.

Appears in 1 contract

Samples: Loan Agreement (Track N Trail Inc)

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Profitability. Borrower will maintain a net profit, after provision for income taxes, of any positive amount for any consecutive twelve month periodamount, as reported at the end of each fiscal quarter.

Appears in 1 contract

Samples: Loan Agreement (Clontech Laboratories Inc)

Profitability. Borrower will maintain a net profit, after provision for income taxes, of any positive amount for any consecutive twelve month periodthree fiscal quarters, as reported at the end of each such fiscal quarterquarter and as reported at its fiscal year end.

Appears in 1 contract

Samples: Logo] Loan Agreement (Printrak International Inc)

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