Common use of Minimum Consolidated Net Income Clause in Contracts

Minimum Consolidated Net Income. Maintain, beginning December 31, 2002, as to DGC on a consolidated basis, on a rolling four (4) quarter basis, as of the end of each fiscal quarter net income after taxes (GAAP basis) of at least Ten Million Dollars ($10,000,000.00).

Appears in 5 contracts

Samples: Loan Agreement (Direct General Corp), Loan Agreement (Direct General Corp), Loan Agreement (Direct General Corp)

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Minimum Consolidated Net Income. Maintain, beginning December 31September 30, 20022004, as to DGC on a consolidated basis, on a rolling four (4) quarter basis, as of the end of each fiscal quarter net income after taxes (GAAP basis) of at least Ten Thirty Million Dollars ($10,000,000.0030,000,000.00).

Appears in 1 contract

Samples: Loan Agreement (Direct General Corp)

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