Common use of Profitable Operations Clause in Contracts

Profitable Operations. The Borrower will not permit Consolidated Net Operating Income for (a) the end of third fiscal quarter of 1998 to be less than ($50,000,000); (b) the end of the fourth fiscal quarter of 1998 to be less than ($30,000,000); (c) the end of the first fiscal quarter of 1999 to be less than ($20,000,000); and (d) each fiscal quarter ending thereafter to be less than $1.00.

Profitable Operations. The Borrower will not permit Consolidated Net Operating Income for (a) the end of third fiscal quarter of 1998 to be less than ($50,000,000); (b) the end of the fourth fiscal quarter of 1998 to be less than ($30,000,000155,000,000); (cb) the end of the first fiscal quarter of 1999 to be less than ($20,000,00095,000,000); (c) the end of the second fiscal quarter of 1999 to be less than ($65,000,000); (d) the end of the third fiscal quarter of 1999 to be less than ($5,000,000); and (de) each fiscal quarter ending thereafter to be less than $1.00.

Profitable Operations. The Borrower will not permit Consolidated Net Operating Income for (a) the end of third fiscal quarter of 1998 to be less than ($50,000,000); (b) the end of the fourth fiscal quarter of 1998 to be less than ($30,000,000155,000,000); (cb) the end of the first fiscal quarter of 1999 to be less than ($20,000,00095,000,000); and (dc) each the end of the second fiscal quarter ending thereafter of 1999 to be less than ($1.00.65,000,000); (d) the end of the third fiscal quarter of 1999 to be less than ($5,000,000); and