Minimum Capital. Heska will maintain, on a consolidated basis, as of each date listed below, its Capital at an amount not less than the amount set forth opposite such date (amounts in parentheses denote negative numbers): July 31, 2007 [***] August 31, 2007 [***] September 30, 2007 [***] October 31, 2007 [***] November 30, 2007 [***] December 31, 2007 [***] January 31, 2008 [***] February 29, 2008 [***] March 31, 2008 [***] April 30, 2008 [***] May 31, 2008 [***] June 30, 2008 and the last day of each month thereafter [***] In addition to the foregoing, if Heska makes a purchase of intellectual property rights by June 30, 2008, as contemplated by Section 7.4(a)(ix), to the extent the purchase is expensed in accordance with GAAP, the Minimum Capital amounts listed above occurring after the date of such purchase shall be adjusted downward on a dollar-for-dollar basis by the amount of such expense, not to exceed the Investment Cap.”
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Minimum Capital. Heska will maintain, on a consolidated basis, as of each date listed below, its Capital at an amount not less than the amount set forth opposite such date (amounts in parentheses denote negative numbers): July November 30, 2006 [***] December 31, 2006 [***] January 31, 2007 [***] August February 28, 2007 [***] March 31, 2007 [***] September April 30, 2007 [***] October May 31, 2007 [***] November June 30, 2007 [***] December July 31, 2007 [***] January 31, 2008 [***] February 29, 2008 [***] March 31, 2008 [***] April 30, 2008 [***] May 31, 2008 [***] June 30, 2008 and the last day of each month thereafter [***] In addition to the foregoing, if Heska makes a purchase of intellectual property rights by June 30, 20082007, as contemplated by Section 7.4(a)(ix), to the extent the purchase is expensed in accordance with GAAP, the Minimum Capital amounts listed above occurring after the date of such purchase shall be adjusted downward on a dollar-for-dollar basis by the amount of such expense, not to exceed the Investment Cap.”
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Minimum Capital. Heska will maintain, on a consolidated basis, as of each date listed below, its Capital at an amount not less than the amount set forth opposite such date (amounts in parentheses denote negative numbers): November 30, 2006 $ 3,800,000 December 31, 2006 $ 4,900,000 January 31, 2007 $ 3,750,000 February 28, 2007 $ 3,500,000 March 31, 2007 $ 4,400,000 April 30, 2007 $ 4,300,000 May 31, 2007 $ 4,200,000 June 30, 2007 $ 4,850,000 July 31, 2007 [***] August 31, 2007 [***] September 30, 2007 [***] October 31, 2007 [***] November 30, 2007 [***] December 31, 2007 [***] January 31, 2008 [***] February 29, 2008 [***] March 31, 2008 [***] April 30, 2008 [***] May 31, 2008 [***] June 30, 2008 and the last day of each month thereafter [***] $ 4,900,000 In addition to the foregoing, if Heska makes a purchase of intellectual property rights by June 30, 20082007, as contemplated by Section 7.4(a)(ix), to the extent the purchase is expensed in accordance with GAAP, the Minimum Capital amounts listed above occurring after the date of such purchase shall be adjusted downward on a dollar-for-dollar basis by the amount of such expense, not to exceed the Investment Cap.”
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