Minimum Bookings. As of the last day of each quarter set forth below, achieve Bookings, of not less than the following amounts: 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 2 contracts
Samples: Term Loan and Security Agreement (Meru Networks Inc), Term Loan and Security 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: 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 2 contracts
Samples: Term Loan and Security Agreement (Meru Networks Inc), Term Loan and Security 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: 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: Term Loan and Security Agreement (Meru Networks Inc), Term Loan and Security 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: 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: Term Loan and Security Agreement (Meru Networks Inc), Term Loan and Security 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: January 1, 2008 through March 31, 2008 $$ 15,000,000.00 April 1, 2008 through June 30, 2008 $17,000,000.00 $ 11,900,000.00 July 1, 2008 through September 30, 2008 $20,000,000.00 $ 14,875,000.00 October 1, 2008 through December 31, 2008 $24,000,000.00 $ 16,150,000.00 During each quarter thereafter 80% of board approved quarterly bookings target”
Appears in 1 contract
Minimum Bookings. As of the last day of each quarter set forth below, achieve Bookings, of not less than the following amounts: Period Minimum Bookings January 1, 2008 through March 31, 2008 $15,000,000.00 April 1, 2008 through June 30, 2008 $17,000,000.00 11,900,000.00 July 1, 2008 through September 30, 2008 $20,000,000.00 14,875,000.00 October 1, 2008 through December 31, 2008 $24,000,000.00 16,150,000.00 During each quarter thereafter 80% of board approved quarterly bookings target”
Appears in 1 contract
Samples: Term Loan and Security Agreement
Minimum Bookings. As of the last day of each quarter set forth below, achieve Bookings, of not less than the following amounts: January 1, 2008 through March 31, 2008 $$ 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
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: Term Loan and Security Agreement
Minimum Bookings. As of the last day of each quarter set forth below, achieve Bookings, of not less than the following amounts: 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
Minimum Bookings. As of the last day of each quarter set forth below, achieve Bookings, of not less than the following amounts: 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
