Common use of No Losses Clause in Contracts

No Losses. Beginning with the quarter ending September 30, 1997, and continuing as of the end of each quarter thereafter, the Company and its consolidated Subsidiaries shall not incur an Adjusted Loss in any five consecutive fiscal quarters ending on the date of determination. "

Appears in 1 contract

Sources: Loan Agreement (Dominion Homes Inc)

No Losses. Beginning with the quarter ending September June 30, 19971995, and continuing as of the end of each quarter thereafter, the Company and its consolidated Subsidiaries shall not incur an Adjusted Loss in any five consecutive fiscal quarters ending on the date of determination. "

Appears in 1 contract

Sources: Loan Agreement (Borror Corp)

No Losses. Beginning with the quarter ending September June 30, 19971998, and continuing as of the end of each quarter thereafter, the Company and its consolidated Subsidiaries shall not incur an Adjusted Loss in any five consecutive fiscal quarters ending on the date of determination. ".

Appears in 1 contract

Sources: Credit Agreement (Dominion Homes Inc)