Common use of Maximum Net Loss Clause in Contracts

Maximum Net Loss. (a) Not incur a net loss in excess of $3,000,000 for any fiscal quarter and (b) commencing with the fiscal quarter ended 11/30/04, not incur a net loss as of the end of each fiscal quarter for the rolling two fiscal quarters then ended.

Appears in 1 contract

Samples: Credit Agreement (Nu Horizons Electronics Corp)

AutoNDA by SimpleDocs

Maximum Net Loss. (a) Not incur a net loss in excess of $3,000,000 for any fiscal quarter and (b) commencing with the fiscal quarter ended 11/30/04, not incur a net loss as of the end of each fiscal quarter for the rolling two four fiscal quarters then ended.

Appears in 1 contract

Samples: Control Agreement (Nu Horizons Electronics Corp)

Maximum Net Loss. (a) Not incur a net loss in excess of $3,000,000 for any fiscal quarter and (b) commencing with the fiscal quarter ended 11/30/048/31/05, not incur a net loss in excess of $6,000,000 as of the end of each fiscal quarter for the rolling two four fiscal quarters then ended.”

Appears in 1 contract

Samples: Control Agreement (Nu Horizons Electronics Corp)

AutoNDA by SimpleDocs

Maximum Net Loss. (a) Not From the date hereof through the fiscal quarter ended 8/31/04, not incur a net loss (i) for any fiscal quarter in excess of $3,000,000 for or (ii) as at the end of any fiscal quarter for the rolling four fiscal quarters then ended in excess of $10,000,000 and (b) commencing with the fiscal quarter ended 11/30/04, not incur a net loss as of the end of each fiscal quarter for the rolling two fiscal quarters then ended.

Appears in 1 contract

Samples: Credit Agreement (Nu Horizons Electronics Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.