Common use of Stop Loss Clause in Contracts

Stop Loss. The Borrowers will not incur a Net Loss during any fiscal year-to-date period, as determined as of the end of each fiscal month ending on or after January 31, 2012, in excess of Two Hundred Fifty Thousand Dollars ($250,000).

Appears in 1 contract

Sources: Credit and Security Agreement (Miscor Group, Ltd.)

Stop Loss. The Commencing with the fiscal year-to-date period ending [May 31, 2011] and thereafter, the Borrowers will not incur a Net Loss during any fiscal year-to-date period, as determined as of the end of each fiscal month ending on or after January 31, 2012month, in excess of Two Hundred Fifty Thousand Dollars ($250,000).

Appears in 1 contract

Sources: Credit and Security Agreement (Miscor Group, Ltd.)

Stop Loss. The Commencing with the 2011 fiscal year, the Borrowers will not incur a Net Loss during any fiscal year-to-date period, as determined as of the end of each fiscal month ending on or after January 31, 2012month, in excess of Two Four Hundred Fifty Thousand Dollars ($250,000400,000).

Appears in 1 contract

Sources: Credit and Security Agreement (Miscor Group, Ltd.)