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.

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.” 13. Section 7.1 of the Credit Agreement is hereby deleted and the following is substituted therefor:

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.

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.