Minimum Capital. Pursuant to Section 6.12 of the Credit Agreement, as of the Reporting Date, Heska’s Capital was, on a consolidated basis, $ , which o satisfies o does not satisfy the requirement that such amount be not less than $ on the Reporting Date, as set forth in the table below and adjusted, if applicable, in accordance with Section 6.12: November 30, 2005 $ (150,000 ) December 31, 2005 $ 800,000 January 1, 2006 $ 1,835,000 February 28, 2006 $ 1,275,000 March 31, 2006 $ 1,385,000 April 30, 2006 $ 1,010,000 May 31, 2006 $ 350,000 June 30, 2006 $ 725,000 July 31, 2006 $ 475,000 August 31, 2006 $ 50,000 September 30, 2006 $ 1,200,000 October 31, 2006 $ 1,300,000 November 30, 2006 $ 1,150,000 December 31, 2006 $ 1,950,000 January 31, 2007 and the last day of each month thereafter $ 1,350,000
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Minimum Capital. Pursuant to Section 6.12 of the Credit Agreement, as of the Reporting Date, Heska’s Capital was, on a consolidated basis, $ , which o ¨ satisfies o ¨ does not satisfy the requirement that such amount be not less than $ on the Reporting Date, as an amount not less than the Prior Year Capital Base plus the minimum capital factor set forth in the table below and opposite such date, as adjusted, if applicable, in accordance with Section 6.12: November 30, 2005 6.12 (amounts in parentheses denote negative numbers): January 31 $ (150,000 2,250,000 ) February 28 $ (2,250,000 ) March 31 $ (2,250,000 ) April 30 $ (2,500,000 ) May 31 $ (2,500,000 ) June 30 $ (1,750,000 ) July 31 $ (1,750,000 ) August 31 $ (750,000 ) September 30 $ 250,000 October 31 $ 500,000 November 30 $ 750,000 December 31, 2005 31 $ 800,000 January 1, 2006 $ 1,835,000 February 28, 2006 $ 1,275,000 March 31, 2006 $ 1,385,000 April 30, 2006 $ 1,010,000 May 31, 2006 $ 350,000 June 30, 2006 $ 725,000 July 31, 2006 $ 475,000 August 31, 2006 $ 50,000 September 30, 2006 $ 1,200,000 October 31, 2006 $ 1,300,000 November 30, 2006 $ 1,150,000 December 31, 2006 $ 1,950,000 January 31, 2007 and the last day of each month thereafter $ 1,350,0001,250,000
Appears in 1 contract
Minimum Capital. Pursuant to Section 6.12 of the Credit Agreement, as of the Reporting Date, Heska’s Capital was, on a consolidated basis, $ , which o satisfies o does not satisfy the requirement that such amount be not less than $ on the Reporting Date, as set forth in the table below and adjusted, if applicable, in accordance with Section 6.12: November 30, 2005 $ (150,000 ) December 31, 2005 $ 800,000 January 1, 2006 $ 1,835,000 February 28, 2006 $ 1,275,000 March 31, 2006 $ 1,385,000 April 30, 2006 $ 1,010,000 May 31, 2006 $ 350,000 June 30, 2006 $ 725,000 July 31, 2006 $ 475,000 August 31, 2006 $ 50,000 September 30, 2006 $ 1,200,000 October 31, 2006 $ 1,300,000 November 30, 2006 $ 1,150,000 3,800,000 December 31, 2006 $ 1,950,000 4,900,000 January 1, 2007 $ 3,750,000 February 28, 2007 $ 3,500,000 March 31, 2007 $ 4,400,000 April 30, 2007 $ 4,300,000 May 31, 2007 $ 4,200,000 June 30, 2007 $ 4,850,000 July 31, 2007 and the last day of each month thereafter $ 1,350,0004,900,000
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