Profitability. Borrower shall not incur a loss (as defined below) in excess of $1,750,000 for the 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.
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Samples: Loan Modification Agreement (Watchguard Technologies Inc), Loan Modification Agreement (Watchguard Technologies Inc)
Profitability. Borrower shall not incur a loss any Loss (as defined below) in excess of $1,750,000 for the quarters ending June 30, 1998 and September 30, 1998, and a loss in excess of $1,000,000 for the quarter ending December 31, 1998750,000 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.
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Samples: Loan and Security Agreement (Metro One Telecommunications Inc), Loan Modification Agreement (Metro One Telecommunications Inc)
Profitability. Borrower shall not incur a loss (as defined below) in excess of $1,750,000 1,500,000 for the quarters ending June 30, 1998 and September 30, 1998, and a loss in excess of $1,000,000 for the quarter ending December 31, 1998each month. For purposes of this paragraph, "loss" means net income after taxes of less than $0.00, as reported on Borrower's financial statements.
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Samples: Loan and Security Agreement (Watchguard Technologies Inc), Loan and Security Agreement (Watchguard Technologies Inc)
Profitability. Borrower shall not incur a loss (as defined below) in excess of $1,750,000 350,000 for the quarters ending June 30, 1998 and September 30, 1998any fiscal quarter, and a shall not incur any loss in excess of $1,000,000 two consecutive quarters. Borrower shall not incur a loss, in the aggregate, for the quarter ending December 31, 1998any 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.
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Profitability. Borrower shall not incur a loss (as defined below) in excess of $1,750,000 500,000 for the quarters ending June 30, 1998 and September 30, 1998any fiscal quarter, and a shall not incur any loss in excess of $1,000,000 for the quarter ending December 31, 1998two 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.
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