Minimum Annual Revenue. The consolidated revenues of the ---------------------- Company and its Subsidiaries shall not be less than the amounts set forth below as of the end of each fiscal period set forth below: Period Minimum Annual Revenue ------ ---------------------- January 1, 1998 to December 31, 1998 $ 5,850,000 January 1, 1999 to December 31, 1999 $13,500,000 January 1, 2000 to December 31, 2000 $27,000,000 1.06. Section 7.01(n) of the Purchase Agreement is hereby amended to read in its entirety as follows:
Appears in 1 contract
Samples: Senior Subordinated Note and Securities Purchase Agreement (Loislaw Com Inc)
Minimum Annual Revenue. The consolidated revenues of the ---------------------- Company Borrower and its Subsidiaries shall not be less than the amounts set forth below as of the end of each fiscal period set forth below: Fiscal Period Minimum Annual Revenue ------ ------------- ---------------------- January 1, 1998 to December 31, 1998 $ 5,850,000 January 1, 1999 to December 31, 1999 $13,500,000 $ 8,500,000 January 1, 2000 to December 31, 2000 $27,000,000
1.06. Section 7.01(n) of the Purchase Agreement is hereby amended 25,000,000 January 1, 2001 to read in its entirety as follows:December 31, 2001 $50,000,000
Appears in 1 contract
Samples: Credit Agreement (Loislaw Com Inc)
Minimum Annual Revenue. The consolidated revenues of the ---------------------- Company Borrower and its Subsidiaries shall not be less than the amounts set forth below as of the end of each fiscal period set forth below: Period Minimum Annual Revenue ------ ---------------------- January 1, 1998 to December 31, 1998 $ 5,850,000 6,500,000 January 1, 1999 to December 31, 1999 $13,500,000 15,000,000 January 1, 2000 to December 31, 2000 $27,000,000
1.06. Section 7.01(n) of the Purchase Agreement is hereby amended to read in its entirety as follows:30,000,000
Appears in 1 contract
Samples: Credit Agreement (Loislaw Com Inc)
Minimum Annual Revenue. The consolidated revenues of the ---------------------- Company and its Subsidiaries shall not be less than the amounts set forth below as of the end of each fiscal period set forth below: Period Minimum Annual Revenue ------ ---------------------- January 1, 1998 to December 31, 1998 $ 5,850,000 January 1, 1999 to December 31, 1999 $13,500,000 $ 7,500,000 January 1, 2000 to December 31, 2000 $27,000,000
1.06. Section 7.01(n) of the Purchase Agreement is hereby amended 15,000,000 January 1, 2001 to read in its entirety as follows:December 31, 2001 $25,000,000
Appears in 1 contract
Samples: Senior Subordinated Note and Securities Purchase Agreement (Loislaw Com Inc)
