Minimum Profitability. The Borrower will not permit Net Loss for ------- -------------- any of the following fiscal quarters to be greater than the amount set forth opposite such fiscal quarter: Fiscal Quarters Ending Maximum Net Loss ---------------------- ---------------- 5/31/94 $ 1 00,000 8/31/94 $1,000,000 11/30/94 and thereafter $ 100,000
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Minimum Profitability. The Borrower Borrowers will not permit Net Loss for ------- -------------- any of the following fiscal quarters Losses to be greater than than, or Net Income to be less than, the amount amounts set forth opposite such the respective fiscal quarter: Fiscal Quarters quarter ends listed below. Quarter Ending Maximum Net Loss ---------------------- ---------------- 5/31/94 $ 1 00,000 8/31/94 Minimum Profitability March 31, 1997 ($1,000,000 11/30/94 250,000) June 30, 1997 $100,000 September 30, 1997 $100,000 December 31, 1997 and each fiscal quarter thereafter $ $100,000
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Sources: Loan Document Modification Agreement (Focus Enhancements Inc)
Minimum Profitability. The Borrower will not permit Net Loss for ------- -------------- --------------------- any of the following fiscal quarters quarter set forth below to be greater than exceed the amount set forth opposite such fiscal quarter: Fiscal Quarters Quarter Ending Maximum Net Loss ---------------------- -------------- ---------------- 5/31/94 June 30, 1997 $1,200,000 September 30, 1997 $1,300,000 December 31, 1997 $ 1 00,000 8/31/94 $1,000,000 11/30/94 and 750,000 Each quarter thereafter $ 100,000600,000
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Sources: Loan Document Modification Agreement (Transwitch Corp /De)