Profitability Sample Clauses

Profitability. Borrower shall maintain, measured as of the last day of each quarter: (i) a maximum net loss of One Million Five Hundred Thousand Dollars ($1,500,000.00) as of the last day of the third quarter of 1998; (ii) a maximum net loss of One Million Dollars ($1,000,000.00) as of the last day of the fourth quarter of 1998; and (iii) a profit for each quarter commencing with the first quarter of Borrower's fiscal year 1999 with an allowance for one quarterly loss during such fiscal year of no greater than Two Hundred Fifty Thousand Dollars ($250,000.00).
Profitability. Borrower shall be profitable (profitability to be determined in accordance with GAAP and to be net of charges of software development costs) for each fiscal quarter, except Borrower may suffer a loss not to exceed $150,000.00 for one fiscal quarter in any fiscal year, commencing with the fiscal quarter ending March 31, 1999.
Profitability. To maintain on a consolidated basis a positive net income before taxes and extraordinary items for each annual accounting period.
Profitability. A minimum Net Income, on a trailing six (6) month basis, of (i) not less than ($1,000,000), for each monthly period beginning on the Effective Date through and including May 31, 2008; and (ii) not less than $1.00, for each monthly period beginning June 1, 2008 and thereafter." and inserting in lieu thereof the following:
Profitability. Borrower will maintain a net profit, after provision for income taxes, of any positive amount for any two consecutive fiscal quarters, as reported at the end of each such fiscal quarter, and maintain a net profit, after provision for income taxes for its fiscal year end.
Profitability. Borrower shall have quarterly net losses of not more than (i) $40,000,000.00 for the quarter ending December 31, 2001 (excluding all non- cash write off of deferred tax assets); (ii) $7,000,000.00 for the quarter ending March 31, 2002; (iii) $6,000,000.00 for the quarter ending June 30, 2002; (iv) $4,000,000.00 for the quarter ending September 30, 2002; and (v) $2,000,000.00 for each quarter thereafter. and inserting in lieu thereof the following:
Profitability. Borrower shall not incur a loss (after taxes) for any fiscal quarter in excess of $1,500,000 for the quarter ending December 31, 1997; a loss in any amount for the quarters ending March 31, 1998 and June 30, 1998; a loss in excess of $250,000 for the quarter ending September 30, 1998; a loss in excess of $1,500,000 for the quarter ending December 31, 1998; or a loss for the 1998 fiscal year.
Profitability. No representation has been made by SONIC as to the future profitability of the Sonic Restaurant.