Common use of Minimum Net Income Clause in Contracts

Minimum Net Income. Pursuant to Section 6.13 of the Credit Agreement, as of the Reporting Date, Heska's Net Income was, on a consolidated basis, $_________________, which o satisfies o does not satisfy the requirement that such amount be no less than $______________ on the Reporting Date, as set forth in the table below: Period Minimum Net Income Twelve months ending December 31, 2009 $575,000 Three months ending March 31, 2010 ($1,750,000) Six months ending June 30, 2010 ($2,025,000) Nine months ending September 30, 2010 ($750,000) Twelve months ending December 31, 2010 $100,000

Appears in 1 contract

Samples: Credit and Security Agreement (Heska Corp)

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Minimum Net Income. Pursuant to Section 6.13 of the Credit Agreement, as of the Reporting Date, Heska's ’s Net Income was, on a consolidated basis, $_________________, which o [ ] satisfies o [ ] does not satisfy the requirement that such amount be no less than $______________ on the Reporting Date, as set forth in the table below: Period Minimum Net Income Twelve months ended December 31, 2004 Three months ending March 31, 2005 Six months ending June 30, 2005 Nine months ending September 30, 2005 Twelve months ending December 31, 2009 $575,000 Three 2005 Fifteen months ending March 31, 2010 ($1,750,000) Six months ending June 30, 2010 ($2,025,000) Nine months ending September 30, 2010 ($750,000) Twelve months ending December 31, 2010 $100,0002006 Minimum Net Income [***] [***] [***] [***] [***] [***]

Appears in 1 contract

Samples: Credit and Security Agreement (Heska Corp)

Minimum Net Income. Pursuant to Section 6.13 of the Credit Agreement, as of the Reporting Date, Heska's ’s Net Income was, on a consolidated basis, $_________________, which o [ ] satisfies o [ ] does not satisfy the requirement that such amount be no less than $______________ ____on the Reporting Date, as set forth in the table below: Period Minimum Net Income Six months ending June 30, 2005 Nine months ending September 30, 2005 Twelve months ending December 31, 2009 $575,000 Three months ending March 31, 2010 ($1,750,000) Six months ending June 30, 2010 ($2,025,000) Nine months ending September 30, 2010 ($750,000) Twelve months ending December 31, 2010 $100,0002005 Minimum Net Income [***] [***] [***]

Appears in 1 contract

Samples: Credit and Security Agreement (Heska Corp)

Minimum Net Income. Pursuant to Section 6.13 of the Credit Agreement, as of the Reporting Date, Heska's Net Income was, on a consolidated basis, $_________________$ , which o [ ] satisfies o [ ] does not satisfy the requirement that such amount be no less than $______________ $ on the Reporting Date, as set forth in the table below: Period Minimum Net Income Twelve months ending ended December 31, 2009 $575,000 2004 [***] Three months ending March 31, 2010 ($1,750,000) 2005 [***] Six months ending June 30, 2010 ($2,025,000) 2005 [***] Nine months ending September 30, 2010 ($750,000) 2005 [***] Twelve months ending December 31, 2010 $100,0002005 [***] Fifteen months ending March 31, 2006 [***]

Appears in 1 contract

Samples: Credit and Security Agreement (Heska Corp)

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Minimum Net Income. Pursuant to Section 6.13 of the Credit Agreement, as of the Reporting Date, Heska's ’s Net Income was, on a consolidated basis, $_________________, which o satisfies o does not satisfy the requirement that such amount be no less than $______________ on the Reporting Date, as set forth in the table belowbelow and adjusted, if applicable, in accordance with Section 6.13: Period Minimum Net Income Twelve months ending December 31, 2009 $575,000 2006 [***] Three months ending March 31, 2010 ($1,750,000) 2007 [***] Six months ending June 30, 2010 ($2,025,000) Nine months ending September 30, 2010 ($750,000) Twelve months ending December 31, 2010 $100,0002007 [***]

Appears in 1 contract

Samples: Credit and Security Agreement (Heska Corp)

Minimum Net Income. Pursuant to Section 6.13 of the Credit Agreement, as of the Reporting Date, Heska's ’s Net Income was, on a consolidated basis, $_________________$ , which o satisfies o does not satisfy the requirement that such amount be no less than $______________ $ on the Reporting Date, as set forth in the table belowbelow and adjusted, if applicable, in accordance with Section 6.13: Period Minimum Net Income Twelve months ending December 31, 2009 $575,000 2005 [***] Three months ending March 31, 2010 ($1,750,000) 2006 [***] Six months ending June 30, 2010 ($2,025,000) 2006 [***] Nine months ending September 30, 2010 ($750,000) 2006 [***] Twelve months ending December 31, 2010 $100,0002006 [***]

Appears in 1 contract

Samples: Credit and Security Agreement (Heska Corp)

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