Common use of Maximum Net Loss Clause in Contracts

Maximum Net Loss. For any fiscal quarter of Borrower, Borrower shall not incur a net loss of more than one hundred twenty percent (120%) of the projected amount of net loss for such period as set forth in Borrower’s financial projections, delivered to Bank on March 7, 2005 and attached hereto as Exhibit E.

Appears in 1 contract

Sources: Loan and Security Agreement (Focus Enhancements Inc)

Maximum Net Loss. For any fiscal quarter of Borrower, Borrower shall not incur a net loss of more than one hundred twenty five percent (120125%) of the projected amount of net loss for such period as set forth in Borrower’s financial projections, delivered to Bank on March 7, 2005 and attached hereto as Exhibit E.

Appears in 1 contract

Sources: Loan and Security Agreement (Focus Enhancements Inc)

Maximum Net Loss. For any fiscal quarter of Borrower, Borrower shall not incur a net loss of more than one hundred twenty percent (120%) of the projected amount of net loss for such period as set forth in Borrower’s financial projections, projections delivered to Bank on March 7October 25, 2005 2004 and attached hereto as Exhibit E.

Appears in 1 contract

Sources: Loan and Security Agreement (Focus Enhancements Inc)