Aggregate Service Revenue Sample Clauses

Aggregate Service Revenue. The Borrower will not permit -------------------------- Aggregate Service Revenue for any period of four consecutive fiscal quarters ending on or after any date set forth below to be less than Aggregate Service Revenue set forth opposite such date: Minimum Aggregate Date Service Revenue ---- ----------------- December 31, 1999 $ 12,500,000 June 30, 2000 $ 35,000,000 December 31, 2000 $ 65,000,000 June 30, 2001 $ 95,000,000 December 31, 2001 $135,000,000 June 30, 2002 $180,000,000 December 31, 2002 and thereafter $240,000,000
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Aggregate Service Revenue. The Borrower will not permit Aggregate Service Revenue for any period of four consecutive fiscal quarters ending on or after any date set forth below to be less than Aggregate Service Revenue set forth opposite such date: ------------------------------------------------------------- Minimum Aggregate Date Service Revenue ---- --------------- ------------------------------------------------------------- December 31, 1999 $ 12,500,000 ------------------------------------------------------------- June 30, 2000 $ 35,000,000 ------------------------------------------------------------- December 31, 2000 $ 180,000,000 ------------------------------------------------------------- June 30, 2001 $ 235,000,000 ------------------------------------------------------------- December 31, 2001 $ 310,000,000 ------------------------------------------------------------- June 30, 2002 $ 395,000,000 ------------------------------------------------------------- December 31, 2002 and thereafter $ 495,000,000 -------------------------------------------------------------
Aggregate Service Revenue. Aggregate Service Revenue for any Fiscal Quarter set forth below shall not be less than the amount of Aggregate Service Revenue set forth opposite such date: Date Aggregate Service Revenue ---- ------------------------- 3/31/99 $1,800,000 6/30/99 $3,000,000 9/30/99 $4,500,000 12/31/99 $5,800,000 3/31/00 $7,800,000 6/30/00 $11,500,000 9/30/00 $15,000,000 12/31/00 $20,000,000 3/31/01 $25,000,000 6/30/01 $31,000,000 9/30/01 $37,000,000 12/31/01 $44,000,000 3/31/02 $52,000,000
Aggregate Service Revenue. (a) As of each calendar quarter end set forth below, and (b) at the time of any Advance hereunder which, if funded, would increase the aggregate principal amount of the Loans outstanding on such date of determination, the Borrower shall not permit its total Aggregate Service Revenue for the immediately preceding four (4) fiscal quarter period to be less than the following Aggregate Service Revenue amounts for the periods indicated: Total Aggregate Period Service Revenue ------ --------------- From March 31, 2000 through June 29, 2000 $5,800,000 From June 30, 2000 through September 29, 2000 $14,000,000 From September 30, 2000 through December 30, 2000 $23,000,000 From December 31, 2000 through March 30, 2001 $42,000,000 From March 31, 2001 through June 29, 2001 $69,000,000 From June 30, 2001 through September 29, 2001 $96,000,000 From September 30, 2001 through December 30, 2001 $123,000,000 From December 31, 2001 through March 30, 2002 $144,000,000 From March 31, 2002 through June 29, 2002 $164,000,000 From June 30, 2002 through September 29, 2002 $185,000,000 At all times thereafter $225,000,000
Aggregate Service Revenue. The Borrower will not permit ------------------------- Aggregate Service Revenue for the four fiscal quarter period ending at the end of each fiscal quarter of the Borrower set forth below to be less than Aggregate Service Revenue set forth opposite such date (provided that (x) until the R&B Acquisition Date occurs, each amount below shall be reduced by $15 million, and (y) compliance for the quarter ending 9/30/00 shall be determined based on the product of Aggregate Service Revenue for the two fiscal quarter period ended on 9/30/00 multiplied by two, and compliance for the quarter ended 12/31/00 shall be determined based on the product of Aggregate Service Revenue for the three fiscal quarter period ended on 12/31/00 multiplied by 4/3): Quarter Ending Minimum Aggregate Service Revenue 9/30/00 $117 million 12/31/00 $130 million 3/31/01 $139 million 6/30/01 $160 million 9/30/01 $172 million 12/31/01 $186 million 3/31/02 $198 million 6/30/02 $211 million 9/30/02 $223 million 12/31/02 $236 million

Related to Aggregate Service Revenue

  • Minimum Revenue Borrower and its Subsidiaries shall have annual Revenue from sales of the Product (for each respective calendar year, the “Minimum Required Revenue”):

  • Allocation of Revenues All revenues relating to the Designated Property shall be allocated as follows: (i) 100% to CWEI before Payout and (ii) 1% to CWEI and 99% to the Participants after Payout, apportioned among the Participants in proportion to the percentages listed on Exhibit A attached hereto.

  • Annual Percentage Rate Each Receivable has an APR of not more than 25.00%.

  • Payment at Highest Lawful Rate If the Borrower is not obliged to make a payment that it would otherwise be required to make, as a result of Section 5.6(a), the Borrower shall make such payment to the maximum extent permitted by or consistent with applicable laws, rules and regulations.

  • Measurement Period (b) In this Agreement, unless the contrary intention appears, a reference to:

  • Adjusted EBITDA The 2019 adjusted EBITDA for the Affiliated Club Sellers shall total an aggregate of not less than $10,700,000.

  • Minimum Consolidated Adjusted EBITDA The Borrowers will maintain, as of the last day of each Fiscal Quarter commencing with the Fiscal Quarter ending December 31, 2009, Consolidated Adjusted EBITDA for the four Fiscal Quarters then ended of not less than $22,500,000.

  • EBITDA With respect to REIT and its Subsidiaries for any period (without duplication): (a) Net Income (or Loss) on a Consolidated basis, in accordance with GAAP, exclusive of the following (but only to the extent included in determination of such Net Income (Loss)): (i) depreciation and amortization expense; (ii) Interest Expense; (iii) income tax expense; (iv) Acquisition Closing Costs and extraordinary or non-recurring gains and losses (including, without limitation, gains and losses on the sale of assets) and income and expense allocated to minority owners; and (v) other non-cash items to the extent not actually paid as a cash expense; plus (b) such Person’s pro rata share of EBITDA of its Unconsolidated Affiliates as provided below. With respect to Unconsolidated Affiliates and Subsidiaries of Borrower that are not Wholly Owned Subsidiaries, EBITDA attributable to such entities shall be excluded but EBITDA shall include a Person’s Equity Percentage of Net Income (or Loss) from such Unconsolidated Affiliates or such Subsidiary of Borrower that is not a Wholly Owned Subsidiary plus its Equity Percentage of (i) depreciation and amortization expense; (ii) Interest Expense; (iii) income tax expense; (iv) Acquisition Closing Costs and extraordinary or non-recurring gains and losses (including, without limitation, gains and losses on the sale of assets) and income and expense allocated to minority owners; and (v) other non-cash items to the extent not actually paid as a cash expense.

  • Minimum Consolidated EBITDA The Borrower will not permit Modified Consolidated EBITDA, for any Test Period ending at the end of any fiscal quarter of the Borrower set forth below, to be less than the amount set forth opposite such fiscal quarter: Fiscal Quarter Amount September 30, 1997 $36,000,000 December 31, 1997 $36,000,000 March 31, 1998 $36,000,000 June 30, 1998 $37,000,000 September 30, 1998 $37,000,000 December 31, 1998 $38,000,000 March 31, 1999 $38,000,000 June 30, 1999 $39,000,000 September 30, 1999 $40,000,000 December 31, 1999 $41,000,000 March 31, 2000 $41,000,000 June 30, 2000 $42,000,000 September 30, 2000 $43,000,000 December 31, 2000 $44,000,000 March 31, 2001 $44,000,000 June 30, 2001 $45,000,000 September 30, 2001 $46,000,000 December 31, 2001 $47,000,000 March 31, 2002 $47,000,000

  • Gross Revenues All revenues, receipts, and income of any kind derived directly or indirectly by Lessee from or in connection with the Hotel (including rentals or other payments from tenants, lessees, licensees or concessionaires but not including their gross receipts) whether on a cash basis or credit, paid or collected, determined in accordance with generally accepted accounting principles, excluding, however: (i) funds furnished by Lessor, (ii) federal, state and municipal excise, sales, and use taxes collected directly from patrons and guests or as a part of the sales price of any goods, services or displays, such as gross receipts, admissions, cabaret or similar or equivalent taxes and paid over to federal, state or municipal governments, (iii) the amount of all credits, rebates or refunds to customers, guests or patrons, and all service charges, finance charges, interest and discounts attributable to charge accounts and credit cards, to the extent the same are paid to Lessee by its customers, guests or patrons, or to the extent the same are paid for by Lessee to, or charged to Lessee by, credit card companies, (iv) gratuities or service charges actually paid to employees, (v) proceeds of insurance and condemnation, (vi) proceeds from sales other than sales in the ordinary course of business, (vii) all loan proceeds from financing or refinancings of the Hotel or interests therein or components thereof, (viii) judgments and awards, except any portion thereof arising from normal business operations of the Hotel, and (ix) items constituting “allowances” under the Uniform System.

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