Common use of Borrowing Milestone Clause in Contracts

Borrowing Milestone. Borrower shall have achieved minimum Revenue of at least $12,000,000 during any consecutive twelve (12) month period, provided that Borrower shall have achieved such Borrowing milestone relating to minimum Revenue no later than March 31, 2017. For the avoidance of doubt, the conditions of this Section 6.03(c) and Section 6.02(c) may be satisfied with the same twelve (12) month period.

Appears in 3 contracts

Samples: Agreement (Decipher Biosciences, Inc.), Agreement (Decipher Biosciences, Inc.), Agreement (Decipher Biosciences, Inc.)

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Borrowing Milestone. Borrower shall have achieved minimum Revenue of at least $12,000,000 during any consecutive twelve (12) month period, provided that Borrower shall have achieved such Borrowing milestone relating to minimum Revenue no later than March 31, 2017. For the avoidance of doubt, the conditions condition of this Section 6.03(c6.02(c) and Section 6.02(c6.03(c) may be satisfied with the same twelve (12) month period.

Appears in 3 contracts

Samples: Agreement (Decipher Biosciences, Inc.), Agreement (Decipher Biosciences, Inc.), Agreement (Decipher Biosciences, Inc.)

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Borrowing Milestone. Borrower shall have achieved minimum Revenue of at least $12,000,000 7,000,000 during any consecutive twelve three (123) month period, provided that Borrower shall have achieved such Borrowing milestone relating to minimum Revenue no later than March 31June 30, 20172016. For the avoidance of doubt, the conditions of this Section 6.03(c) and Section 6.02(c6.02(c)(ii) may be satisfied with the same twelve three (123) month period.

Appears in 3 contracts

Samples: Agreement (Decipher Biosciences, Inc.), Agreement (Decipher Biosciences, Inc.), Agreement (Decipher Biosciences, Inc.)

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