Minimum Profitability. Adjusted Net Income to be less than $1.00 in more than one fiscal quarter of any Rolling Four Quarter Period.
Minimum Profitability. Suffer or permit there to exist, --------------------- as of the last day of any fiscal quarter, for the four fiscal quarters ending on such date, commencing with the fiscal quarter ending March 31, 2000, (A) any two fiscal quarters in which the aggregate negative Consolidated Net Income for such fiscal quarters exceeds five percent (5%) of Consolidated Tangible Net Worth as of such date, or (B) cumulative Consolidated Net Income for such four-quarter period of less than $1.00. For purposes of calculating this covenant, charges for In-Process Research & Development associated with Acquisitions shall be excluded, provided that (x) any such charges for In-Process Research and Development are taken during the quarter in which any such Acquisitions are completed, and (y) to the extent that the aggregate amount of any such charges for In-Process Research and Development taken does not exceed $100,000,000 from and after the First Amendment Effective Date.
Minimum Profitability. Permit, with respect to the Borrower and its Subsidiaries on a consolidated basis, a net loss to exist for any two consecutive fiscal quarters of the Borrower.
Minimum Profitability. Permit at the end of any calendar quarter the Parent's consolidated net income, determined in accordance with GAAP, for such calendar quarter and the immediately preceding calendar quarter, taken together, to be less than $1.00.
Minimum Profitability. The Credit Parties shall not permit (i) the quarterly net income of the Core Ameresco Companies (determined on a consolidated basis in accordance with GAAP) for any two consecutive fiscal quarters to be less than $1, and (ii) the aggregate net income of the Core Ameresco Companies (determined on a consolidated basis in accordance with GAAP) for any period of four consecutive fiscal quarters to be less than $1.
Minimum Profitability. The Borrower will achieve, during each period described below, Net Income, determined at the end of each quarter, greater than the amount set forth opposite such period: Period Minimum Net Income 9 mos. ending 9/30/01 $750,000 12 mos. ending 12/31/01 $1,000,000 3 mos. ending 3/31/02 $200,000 6 mos. ending 6/30/02 $400,000 9 mos. ending 9/30/02 $600,000 12 mos. ending 12/31/02 $800,000
Minimum Profitability. Borrowers covenant that they will achieve as of the last day of each fiscal quarter an aggregate consolidated net income after tax for the respective periods set forth below, as follows (i) in respect of the fiscal quarter ending June 30, 2005, not less than $1,500,000; (ii) in respect of the two consecutive fiscal quarters ending September 30, 2005, not less than $1,750,000; (iii) in respect of the three consecutive fiscal quarters ending December 31, 2005, not less than $5,000,000; and (iv) in respect of the four consecutive fiscal quarters ending as of the last day of each fiscal quarter ending on and after March 31, 2006, not less than $7,500,000.
Minimum Profitability. Permit at the end of any calendar quarter (commencing with the calendar quarter ending September 30, 1999) Guarantor's consolidated net income, determined in accordance with GAAP, for such calendar quarter and the immediately preceding calendar quarter, taken together, to be less than $1.00.
Minimum Profitability. At all times during the term of the Loan, Borrower shall cause Guarantor to maintain an Operating Profit of not less than $2,000,000.00 for each calendar quarter during the term of the Loan, measured on a trailing quarterly basis as of March 31, June 30, September 30 and December 31 of each calendar year, commencing on March 31, 2021, for the immediately preceding three (3) consecutive calendar month period of time, based upon the Financial Statements delivered by Borrower to Lender in accordance with Sections 6.5.4 and 6.5.5 on Schedule 6.5. Borrower shall deliver to Lender any other documentation and evidence as shall be satisfactory to Lender, in Lender’s reasonable judgment, evidencing Guarantor’s compliance with the minimum requirement set forth in this Section 6.18.2.
Minimum Profitability. Quarterly net income for the period of two consecutive fiscal quarters most recently ended is: $ Quarterly net income for the period of two consecutive fiscal quarters most recently ended is required to be not less than: $ 1.00 Aggregate net income for the period of two consecutive fiscal quarters most recently ended is: $ Aggregate net income for the period of two consecutive fiscal quarters most recently ended is required to be not less than: $ 1.00 * As set forth in Section 8.10(a) of the Credit Agreement.
