Examples of COMMENTS REGARDING EXCEPTIONS in a sentence
FINANCIAL COVENANT REQUIRED COMPLIES ------------------ -------- -------- (ASSET BASED TERMS IN EFFECT) ------------------ Minimum Tangible Net Worth $18,000,000 Yes No COMMENTS REGARDING EXCEPTIONS: See Attached.
We remove wage outliers defined as above ten times the 99th percentile and below half the 1st percentile (120 observations).
ACTUAL COMPLIES ------------------ -------- ------ -------- Maintain for the quarters indicated: Minimum Quarterly Quick Ratio commencing with the quarter ending March 31, 1999 0.50 to 1.0 _____:1.0 Yes No Minimum Profitability Quarter Ending 6/30/98 ($500,000) $________ Yes No Quarter Ending 9/30/98 $500,000 $________ Yes No Quarter Ending 12/31/98 $500,000 $________ Yes No Quarter Ending 3/31/99 and thereafter ($250,000) $________ Yes No COMMENTS REGARDING EXCEPTIONS: See Attached.
Yes No ------------------------------------------------------------------------------ COMMENTS REGARDING EXCEPTIONS: See Attached.
ACTUAL COMPLIES ------------------ --------------------------------- ------------ -------- Maintain on Monthly Basis: 1:2:1.0 _______: 1.0 Yes No Minimum Adjusted Quick Ratio (from 9/30/04 thru 3/31/05) 1.0 to 1.0 _______: 1.0 Yes No (from 4/30/05, and the last day of each month thereafter) Minimum Sales Revenue $_________*, $___________ Yes No * As set forth in Section 6.7(b) of the Agreement COMMENTS REGARDING EXCEPTIONS: See Attached.