Common use of Minimum Consolidated Net Income Clause in Contracts

Minimum Consolidated Net Income. The Company shall not cause, suffer or permit its Consolidated Net Income (i) during any two consecutive month period from March, 2002 through July, 2002, to be less than $150,000, and (ii) to be less than the following amounts as measured for or at the following times: Quarter Ending Minimum Consolidated Net Income -------------- ------------------------------- March 31, 2002 $150,000 June 30, 2002 $300,000

Appears in 2 contracts

Sources: Master Agreement (Correctional Services Corp), Credit Agreement (Correctional Services Corp)