Covenant Requirement Actual Compliance. Minimum Revenues (trailing six months) Trailing 6-month period ending 10/31/2018 11/30/2018 12/31/2018 [Thereafter, at least 80% of projections] Minimum trailing 6 months revenue ([***]% of plan) $[_______] $[_______] $[_______] [__%] Yes No [$_________] [$________] Liquidity Ratio* for Prior [***] Months [***] ________:1.00 Yes No
Covenant Requirement Actual Compliance. Minimum Product Revenue(trailing six months) See Section 6.8(a) $ Yes No
Covenant Requirement Actual Compliance. Minimum Revenues (trailing twelve months) At least 80% of projections __% Yes No
Covenant Requirement Actual Compliance. Trailing Minimum trailing 3-month 3 months revenue period ending ([***] of plan) Minimum Revenues (trailing three months) 6/30/2019 9/30/2019 12/31/2019 $$7,646,880.00 $$7,596,081.00 $$8,014,761.00 [$ ] Yes No 3/31/2020 $11,062,938.00 6/30/2020 $15,110,788.00 9/30/2020 $15,661,698.00 12/31/2020 $14,372,737.00 Thereafter, at least [***]% of projections Minimum Liquidity Ratio At least 2.00 to 1.00 [ ] to 1:00 Yes No [***] Bank Account Not above $[***] as of the end of any Business Day [$ ] Yes No
Covenant Requirement Actual Compliance. Minimum Aggregate Available Unrestricted Cash Balance in Collateral Accounts at Bank or its Affiliates $7,500,000 [$ ] Yes No
Covenant Requirement Actual Compliance. Net cash proceeds in connection with the Xxx Xxxxx Transaction Documents on or before July 31, 2019 At least $45,000,000.00 $ Yes No
Covenant Requirement Actual Compliance. Subject to Section 6.10, once $[***] has funded, minimum cash in Collateral Accounts subject to a Control Agreement $[***] $_____________ Yes No
Covenant Requirement Actual Compliance. Trailing Six Month Revenue in excess of Net Indebtedness (Section 6.12) [$_________] [$________] Yes No Aggregate cash on deposit with SVB and SVB’s Affiliates (Section 6.13) [$_________] [$________] Yes No
Covenant Requirement Actual Compliance. Minimum Revenues (quarterly) See Section 6.10 $ Yes No
Covenant Requirement Actual Compliance. Minimum Net Product Revenue(trailing [**] or (if applicable) [**]) See Section 6.10(a); Annex X Yes No
