Common use of Minimum Net Income After Taxes Clause in Contracts

Minimum Net Income After Taxes. Pursuant to Section 6.3(b)(i) of the Credit Agreement, as of the Reporting Date, the Net Income after taxes of Parent and its Subsidiaries, measured on a trailing four quarter basis, was $___________ which o satisfies o does not satisfy the requirement that such amount be not less than $1.00 for the four fiscal quarters then ended.

Appears in 1 contract

Samples: Credit Agreement (Landec Corp \Ca\)

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Minimum Net Income After Taxes. Pursuant to Section 6.3(b)(i6.3(a)(i)(B) of the Credit Agreement, as of the Reporting Date, the Companies’ Net Income after taxes of Parent and its SubsidiariesAfter Taxes, measured on a trailing four for the fiscal quarter basisended August 31, 2010, was $___________ which o satisfies o does not satisfy the requirement that such amount be not less than $1.00 500,000 for the four fiscal quarters quarter then ended.

Appears in 1 contract

Samples: Credit Agreement (Landec Corp \Ca\)

Minimum Net Income After Taxes. Pursuant to Section 6.3(b)(i6.3(a)(i)(A) of the Credit Agreement, as of the Reporting Date, the Companies’ Net Income after taxes of Parent and its Subsidiaries, measured on a trailing four quarter basis, After Taxes was $___________ which o satisfies o does not satisfy the requirement that such amount be not less than $1.00 for the four applicable fiscal quarters period then ended.

Appears in 1 contract

Samples: Credit Agreement (Landec Corp \Ca\)

Minimum Net Income After Taxes. Pursuant to Section 6.3(b)(i6.3(a)(i)(B) of the Credit Agreement, as of the Reporting Date, the Companies’ o did not have o had Net Income after taxes of Parent and its Subsidiaries, measured on a trailing four quarter basis, was $___________ which o satisfies o does not satisfy the requirement that such amount be not After Taxes less than or equal to $1.00 for the four two (2) consecutive fiscal quarters then ended.

Appears in 1 contract

Samples: Credit Agreement (Landec Corp \Ca\)

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Minimum Net Income After Taxes. Pursuant to Section 6.3(b)(i6.3(a)(i)(C) of the Credit Agreement, as of the Reporting Date, the Companies’ o did not have o had Net Income after taxes of Parent and its Subsidiaries, measured on a trailing four quarter basis, was $___________ which o satisfies o does not satisfy the requirement that such amount be not After Taxes less than or equal to $1.00 for two (2) consecutive fiscal quarters during the four fiscal quarters then ended.

Appears in 1 contract

Samples: Credit Agreement (Landec Corp \Ca\)

Minimum Net Income After Taxes. Pursuant to Section 6.3(b)(i6.3(a)(i)(A) of the Credit Agreement, as of the Reporting Date, the Companies’ Net Income after taxes of Parent and its SubsidiariesAfter Taxes, measured on a trailing four quarter basisbasis (other than the four quarters ending August 31, 2010), was $___________ which o satisfies o does not satisfy the requirement that such amount be not less than $1.00 for the four fiscal quarters then ended.

Appears in 1 contract

Samples: Credit Agreement (Landec Corp \Ca\)

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