Common use of Churn Rate Clause in Contracts

Churn Rate. Borrower shall achieve a Churn Rate (i) for each month during the term of this Agreement of not less than -1%, and (ii) for each trailing three month period (calculate on a rolling basis) during the term of this Agreement of not less than -2%.

Appears in 4 contracts

Samples: Loan and Security Agreement (NTN Buzztime Inc), Loan and Security Agreement (NTN Buzztime Inc), Loan and Security Agreement (NTN Buzztime Inc)

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Churn Rate. Borrower shall achieve a Churn Rate (i) for each month during the term of this Agreement of not less than -1%, and (ii) for each trailing three month period (calculate calculated on a rolling basis) during the term of this Agreement of not less than -2%.

Appears in 1 contract

Samples: Loan and Security Agreement (NTN Buzztime Inc)

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