Milestone. The Administrative Agent shall have received evidence reasonably satisfactory to the Administrative Agent that the Borrower has achieved Net Revenue of at least $95,000,000 for any twelve (12) consecutive month period prior to the Tranche C Borrowing Date.
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Samples: Credit Agreement and Guaranty (Biodesix Inc), Credit Agreement and Guaranty (Biodesix Inc)
Milestone. The Administrative Agent shall have received evidence reasonably satisfactory to the Administrative Agent that the Borrower has achieved Net received Total Revenue of at least $95,000,000 20,000,000 for any the twelve (12) consecutive month period prior to the Tranche C Borrowing Datemost recently ended.
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Samples: Credit Agreement and Guaranty (IsoPlexis Corp), Credit Agreement (IsoPlexis Corp)
Milestone. The Administrative Agent shall have received evidence reasonably satisfactory to the Administrative Agent that the Borrower has achieved Net Revenue of at least $95,000,000 65,000,000 for any twelve (12) consecutive month period prior to the Tranche C B Borrowing Date.
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Milestone. The Administrative Agent shall have received evidence reasonably satisfactory to the Administrative Agent that the Borrower has Obligors have achieved Net Core Product Revenue of at least $95,000,000 215,000,000 for any twelve (12) consecutive month period prior to the Tranche C B Borrowing Date.
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Samples: Credit Agreement and Guaranty (GeneDx Holdings Corp.)
Milestone. The Administrative Agent shall have received evidence reasonably satisfactory to the Administrative Agent that the Borrower has (i) achieved Net Revenue of at least $95,000,000 43,600,000 for any twelve (12) consecutive month period prior to the Tranche C B Borrowing Date and (ii) received aggregate cash proceeds of at least $27,500,000 from the sale or issuance of Equity Interests of the Borrower prior to the Tranche B Borrowing Date.
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