Common use of Average Monthly Revenue Clause in Contracts

Average Monthly Revenue. Beginning with the reporting period ending April 30, 2012 and measured on a rolling three months basis, Borrowers shall achieve at least the levels of average Revenues set forth in the table immediately below. Period Revenue January 2012 $ 2,891,866 February 2012 $ 3,018,075 March 2012 $ 3,302,673 April 2012 $ 3,442,604 May 2012 $ 3,614,587 June 2012 $ 3,810,783 July 2012 $ 4,015,056 August 2012 $ 4,229,079 September 2012 $ 4,449,482 October 2012 $ 4,676,584 November 2012 $ 4,902,278 December 2012 $ 5,128,470 Average Monthly Revenue levels for reporting periods following December 31, 2012 will be set by Bank based upon the board approved, fully-funded operating plan to be provided by Borrower pursuant to Section 6.2(viii).

Average Monthly Revenue. Beginning with the reporting period ending April 30, 2012 Measured monthly and measured calculated on a rolling three rolling-three-months basis, Borrowers shall achieve at least the levels of average Revenues set forth in the table immediately belowbelow for the corresponding reporting periods. Reported Period Ending Revenue January 2012 February 28, 2013 $ 2,891,866 February 2012 4,494,867 March 31, 2013 $ 3,018,075 March 2012 4,592,930 April 30, 2013 $ 3,302,673 April 2012 4,733,898 May 31, 2013 $ 3,442,604 May 2012 4,867,792 June 30, 2013 $ 3,614,587 June 2012 5,030,311 July 31, 2013 $ 3,810,783 July 2012 5,174,232 August 31, 2013 $ 4,015,056 August 2012 5,374,039 September 30, 2013 $ 4,229,079 September 2012 5,561,308 October 31, 2013 $ 4,449,482 October 2012 5,787,469 November 30, 2013 $ 4,676,584 November 2012 5,982,071 December 31, 2013 $ 4,902,278 December 2012 $ 5,128,470 6,196,418 Average Monthly Revenue levels for subsequent reporting periods following December 31, 2012 will be set by Bank based upon the board approved, fully-funded operating plan to be provided by Borrower Borrowers pursuant to Section 6.2(viii).