Currency Adjusted Net Sales Sample Clauses

Currency Adjusted Net Sales. Not permit Currency Adjusted Net Sales for any of the following periods to be less than the following respective amounts set forth below for each such period: Minimum Currency Adjusted Period Net Sales for the Applicable Period Three Consecutive Months Ending September 30, 2010 $ 31,630,000 Three Consecutive Months Ending October 31, 2010 $ 32,970,000 Three Consecutive Months Ending November 30, 2010 $ 32,815,000 Three Consecutive Months Ending December 31, 2010 $ 33,514,000 Three Consecutive Months Ending January 31, 2011 $ 31,778,000 Three Consecutive Months Ending February 28, 2011 $ 31,988,000 Three Consecutive Months Ending March 31, 2011 $ 34,195,000 Three Consecutive Months Ending April 30, 2011 $ 35,984,000 Three Consecutive Months Ending May 31, 2011 $ 36,592,000 Three Consecutive Months Ending June 30, 2011 $ 37,073,000 Three Consecutive Months Ending July 31, 2011 $ 36,151,000 Three Consecutive Months Ending August 31, 2011 $ 36,024,000 Three Consecutive Months Ending September 30, 2011 $ 33,211,000 Three Consecutive Months Ending October 31, 2011 $ 34,619,000 2.12 Amendment to Section 11.14.5. Section 11.14.5 of the Credit Agreement hereby amended and restated to read in its entirety as follows:
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Currency Adjusted Net Sales. Not permit Currency Adjusted Net Sales for the following consecutive three-month periods to be less than the following respective amounts set forth below for such three-month period: Minimum Currency Adjusted Net Sales Consecutive Three for the Applicable Months Ending Period --------------------- ------------------ July 31, 2009 $35,152,500 August 31, 2009 $33,100,500 September 30, 2009 $33,525,500 October 31, 2009 $38,165,100 November 30, 2009 $38,687,300 December 31, 2009 $36,116,300 January 31, 2010 $33,658,800 February 28, 2010 $33,890,400 March 31, 2010 $37,709,300 April 30, 2010 $40,563,300 May 31, 2010 $40,080,000 June 30, 2010 $40,612,800 July 31, 2010 $37,000,000 August 31, 2010 $36,300,000 September 30, 2010 $35,100,000
Sample 1

Related to Currency Adjusted Net Sales

  • Foreign Currency Calculations (a) For purposes of determining the Dollar Equivalent of any Advance denominated in a Foreign Currency or any related amount, the Administrative Agent shall determine the Exchange Rate as of the applicable Exchange Rate Date with respect to each Foreign Currency in which any requested or outstanding Advance is denominated and shall apply such Exchange Rates to determine such amount (in each case after giving effect to any Advance to be made or repaid on or prior to the applicable date for such calculation).

  • Currency; Exchange Rate All payments under this Agreement shall be payable in U.S. Dollars. The rate of exchange to be used in computing the amount of currency equivalent in U.S. Dollars for calculating Net Sales in a Calendar Quarter (for purposes of both the royalty calculation and whether a Net Sales milestone has been achieved) shall be made at the average exchange rate as published by the Wall Street Journal for such Calendar Quarter, or such other source as the Parties may agree in writing.

  • Currency Calculations All financial statements and Compliance Certificates shall be set forth in Dollars. For purposes of preparing the financial statements, calculating financial covenants and determining compliance with covenants expressed in Dollars, Optional Currencies shall be converted to Dollars in accordance with GAAP.

  • Net Sales The term “

  • Currency Fluctuations If on any Computation Date the Revolving Facility Usage is equal to or greater than the Revolving Credit Commitments as a result of a change in exchange rates between one (1) or more Optional Currencies and Dollars, then the Administrative Agent shall notify the Borrower of the same. The Borrower shall pay or prepay (subject to Borrower’s indemnity obligations under Section 2.20 [Increased Costs and Reduced Return] and Section 2.25 [Indemnity]) within five (5) Business Days after receiving such notice such that the Revolving Facility Usage shall not exceed the aggregate Revolving Credit Commitments after giving effect to such payments or prepayments.

  • Currency Translation Notwithstanding the foregoing, for purposes of any determination under Article V, Article VI (other than Section 6.12) or Article VII or any determination under any other provision of this Agreement expressly requiring the use of a current exchange rate, all amounts incurred, outstanding or proposed to be incurred or outstanding in currencies other than dollars shall be translated into dollars at currency exchange rates in effect on the date of such determination; provided, however, that for purposes of determining compliance with Article VI with respect to the amount of any Indebtedness, Investment, Disposition or Restricted Payment in a currency other than dollars, no Default or Event of Default shall be deemed to have occurred solely as a result of changes in rates of exchange occurring after the time such Indebtedness or Investment is incurred or Disposition or Restricted Payment made; provided that, for the avoidance of doubt, the foregoing provisions of this Section 1.06 shall otherwise apply to such Sections, including with respect to determining whether any Indebtedness or Investment may be incurred or Disposition or Restricted Payment made at any time under such Sections. For purposes of Section 6.12 and Section 4.02, amounts in currencies other than dollars shall be translated into dollars at the currency exchange rates used in preparing the most recently delivered financial statements pursuant to Section 5.01(a) or (b).

  • Currency and amount (a) The currency specified in a Utilisation Request must be the Base Currency or an Optional Currency.

  • Foreign Currency Exchange Unless the Depositor shall otherwise direct, whenever funds are received by the Trustee in foreign currency, upon the receipt thereof or, if such funds are to be received in respect of a sale of Securities, concurrently with the contract of the sale for the Security (in the latter case the foreign exchange contract to have a settlement date coincident with the relevant contract of sale for the Security), the Trustee shall enter into a foreign exchange contract for the conversion of such funds to U.S. dollars pursuant to the instruction of the Depositor. The Trustee shall have no liability for any loss or depreciation resulting from action taken pursuant to such instruction."

  • Net Income and Net Loss All net income or net loss of the Company shall be for the account of the Member.

  • LIBOR Business Day Any day on which commercial banks are open for international business (including dealings in Dollar deposits) in London, England. LIBOR Lending Office. Initially, the office of each Lender designated as such on Schedule 1.1 hereto; thereafter, such other office of such Lender, if any, that shall be making or maintaining LIBOR Rate Loans.

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