Common use of Minimum Bookings Clause in Contracts

Minimum Bookings. As of the last day of each quarter set forth below, achieve Bookings, of not less than the following amounts: Period Minimum Bookings January 1, 2008 through March 31, 2008 $15,000,000.00 April 1, 2008 through June 30, 2008 $17,000,000.00 July 1, 2008 through September 30, 2008 $20,000,000.00 October 1, 2008 through December 31, 2008 $24,000,000.00 During each quarter thereafter 80% of board approved quarterly bookings target

Appears in 3 contracts

Samples: Loan Modification Agreement, Loan Modification Agreement (Meru Networks Inc), Loan Modification Agreement (Meru Networks Inc)

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Minimum Bookings. As of the last day of each quarter set forth below, achieve Bookings, of not less than the following amounts: Period Minimum Bookings January 1, 2008 through March 31, 2008 $15,000,000.00 April 1, 2008 through June 30, 2008 $17,000,000.00 11,900,000.00 July 1, 2008 through September 30, 2008 $20,000,000.00 14,875,000.00 October 1, 2008 through December 31, 2008 $24,000,000.00 16,150,000.00 During each quarter thereafter 80% of board approved quarterly bookings target

Appears in 3 contracts

Samples: Loan Modification Agreement, Loan Modification Agreement (Meru Networks Inc), Loan Modification Agreement (Meru Networks Inc)

Minimum Bookings. As of the last day of each quarter set forth below, achieve Bookings, of not less than the following amounts: Period Minimum Bookings January 1, 2008 through March 31, 2008 $15,000,000.00 April 1, 2008 through June 30, 2008 $17,000,000.00 July 1, 2008 through September 30, 2008 $20,000,000.00 October 1, 2008 through December 31, 2008 $24,000,000.00 During each quarter thereafter 80% of board approved quarterly bookings target” and inserting in lieu thereof the following:

Appears in 2 contracts

Samples: Loan Modification Agreement (Meru Networks Inc), Loan Modification Agreement (Meru Networks Inc)

Minimum Bookings. As of the last day of each quarter set forth below, achieve Bookings, of not less than the following amounts: Period Minimum Bookings January 1, 2008 through March 31, 2008 $15,000,000.00 April 1, 2008 through June 30, 2008 $17,000,000.00 11,900,000.00 July 1, 2008 through September 30, 2008 $20,000,000.00 14,875,000.00 October 1, 2008 through December 31, 2008 $24,000,000.00 16,150,000.00 During each quarter thereafter 80% of board approved quarterly bookings target” and inserting in lieu thereof the following:

Appears in 2 contracts

Samples: Loan Modification Agreement (Meru Networks Inc), Loan Modification Agreement (Meru Networks Inc)

Minimum Bookings. As of the last day of each quarter set forth below, achieve Bookings, of not less than the following amounts: Period Minimum Bookings January 1, 2008 through March 31, 2008 $$ 15,000,000.00 April 1, 2008 through June 30, 2008 $$ 17,000,000.00 July 1, 2008 through September 30, 2008 $$ 20,000,000.00 October 1, 2008 through December 31, 2008 $$ 24,000,000.00 During each quarter thereafter 80% of board approved quarterly bookings target” and inserting in lieu thereof the following:

Appears in 1 contract

Samples: Loan Modification Agreement (Meru Networks Inc)

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Minimum Bookings. As of the last day of each quarter set forth below, achieve Bookings, of not less than the following amounts: Period Minimum Bookings January 1, 2008 through March 31, 2008 $$ 15,000,000.00 April 1, 2008 through June 30, 2008 $17,000,000.00 $ 11,900,000.00 July 1, 2008 through September 30, 2008 $20,000,000.00 $ 14,875,000.00 October 1, 2008 through December 31, 2008 $24,000,000.00 $ 16,150,000.00 During each quarter thereafter 80% of board approved quarterly bookings target” and inserting in lieu thereof the following:

Appears in 1 contract

Samples: Loan Modification Agreement (Meru Networks Inc)

Minimum Bookings. As of the last day of each quarter set forth below, achieve Bookings, of not less than the following amounts: Period Minimum Bookings January 1, 2008 through March 31, 2008 $$ 15,000,000.00 April 1, 2008 through June 30, 2008 $$ 17,000,000.00 July 1, 2008 through September 30, 2008 $$ 20,000,000.00 October 1, 2008 through December 31, 2008 $$ 24,000,000.00 During each quarter thereafter 80% of board approved quarterly bookings target

Appears in 1 contract

Samples: Loan Modification Agreement (Meru Networks Inc)

Minimum Bookings. As of the last day of each quarter set forth below, achieve Bookings, of not less than the following amounts: Period Minimum Bookings January 1, 2008 through March 31, 2008 $$ 15,000,000.00 April 1, 2008 through June 30, 2008 $17,000,000.00 $ 11,900,000.00 July 1, 2008 through September 30, 2008 $20,000,000.00 $ 14,875,000.00 October 1, 2008 through December 31, 2008 $24,000,000.00 $ 16,150,000.00 During each quarter thereafter 80% of board approved quarterly bookings target

Appears in 1 contract

Samples: Loan Modification Agreement (Meru Networks Inc)

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