Common use of Borrowing Milestone Clause in Contracts

Borrowing Milestone. Administrative Agent shall have received evidence in form and substance reasonably satisfactory to Administrative Agent demonstrating that consolidated Revenues for Borrower and its Subsidiaries for any three (3) consecutive month period ending after the Closing Date but on or prior to December 31, 2021 were greater than or equal to $15,000,000.

Appears in 2 contracts

Samples: Term Loan Agreement (NeuroPace Inc), Term Loan Agreement (NeuroPace Inc)

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Borrowing Milestone. Administrative Agent shall have received evidence in form and substance reasonably satisfactory to Administrative Agent demonstrating that consolidated Revenues for Borrower and its Subsidiaries for any three twelve (312) consecutive month period ending after the Closing Date but on or prior to December 31June 30, 2021 were greater than or equal to $15,000,00050,000,000.

Appears in 1 contract

Samples: Loan Agreement (Treace Medical Concepts, Inc.)

Borrowing Milestone. Administrative Agent shall have received evidence in form and substance reasonably satisfactory to Administrative Agent demonstrating that consolidated Revenues for Borrower and its Subsidiaries for any three (3) consecutive month period ending after the Closing Date but on or prior to December 31, 2021 were greater than or equal to one hundred twenty-five million Dollars ($15,000,000125,000,000).

Appears in 1 contract

Samples: Term Loan Agreement (P3 Health Partners Inc.)

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Borrowing Milestone. Administrative Agent shall have received evidence in form and substance reasonably satisfactory to Administrative Agent demonstrating that consolidated Revenues for Borrower and its Subsidiaries for any three twelve (312) consecutive month period ending after the Closing Date but on or prior to December 31, 2021 were greater than or equal to $15,000,00065,000,000.

Appears in 1 contract

Samples: Loan Agreement (Treace Medical Concepts, Inc.)

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