Minimum Net Income

Minimum Net Income. (b) MINIMUM NET INCOME. The Borrower will achieve during each period described below, consolidated minimum Net Income, of not less than the amount set forth opposite such period (numbers appearing between " " are negative): 2 PERIOD MINIMUM NET INCOME ------------------------------------------ ------------------ The three months ending March 28, 2004 $ 10,000 ... The six months ending June 27, 2004 $ 175,000 The nine months ending September 26, 2004 $ 495,000 The twelve months ending December 26, 2004 $1,000,000 View More

Minimum Net Income. The Borrower will achieve during each period described below, consolidated minimum Net Income, of not less than the amount set forth opposite such period (numbers appearing between " " are negative): Period Minimum Net Income Year to date as of April 2, 2006 $360,000 Year to date as of July 2, 2006 $540,000 Year...ar to date as of October 1, 2006 $1,000,000 Year to date as of December 31, 2006 $1,400,000 View More