Earnings Release Condition

Example Definitions of "Earnings Release Condition"
Earnings Release Condition. That the Grantor shall have had consolidated net income in each of two consecutive fiscal quarters, the earlier of which shall begin after the Issuance Date, determined from the Grantor's consolidated financial statements filed with the SEC, prepared in accordance with generally accepted accounting principles applied on a basis consistent with those used in the preparation of the Grantor's annual financial statements for 2003, but excluding any extraordinary item, including, without limitation,... any item of extraordinary income or gain. View More
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