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.
Appears in 2 contracts
Sources: Master Repurchase Agreement (Aames Financial Corp/De), Guaranty (Aames Financial Corp/De)