Common use of Minimum Bookings Clause in Contracts

Minimum Bookings. At all times in which any Obligations in respect of the Revolving Line remain outstanding or Bank has any obligation to lend under the Revolving Line, consummate new contracts having a year-to-date projected gross value, as determined by Bank, of not less than the following amounts for each of the following periods (as measured on the last day of the applicable fiscal quarter): Period Minimum Bookings 3-month period ending September 30, 2011 $9,600,000 6-month period ending December 31, 2011 $20,800,000 3-month period ending March 31, 2012 * 6-month period ending June 30, 2012 * 9-month period ending September 30, 2012 * 12-month period ending December 31, 2012, and each applicable period ending on each fiscal quarter thereafter * * The minimum bookings requirement for each applicable cumulative period ending on the last day of each fiscal quarter shall be determined by Bank based on Borrower’s board-approved plan for such fiscal year delivered in accordance with Section 6.2, such covenant to be set in a manner (but not in amounts) consistent with the 2011 covenant.

Minimum Bookings. At all times in which any Obligations in respect of the Revolving Line or Supplemental Equipment Line remain outstanding or Bank has any obligation to lend under the Revolving Line or Supplemental Equipment Line, consummate new contracts having a year-to-date projected gross value, as determined by Bank, of not less than the following amounts for each of the following periods (as measured on the last day of the applicable fiscal quarter): Period Minimum Bookings 3-month period ending September 30, 2011 $9,600,000 6-month period ending December 31, 2011 $20,800,000 3-month period ending March 31, 2012 * 6-month period ending June 30, 2012 * 9-month period ending September 30, 2012 Bookings* 12-month period ending December 31, 20122012 $96,000,000 3-month period ending March 31, and each 2013 $22,000,000 6-month period ending June 30, 2013 $63,000,000 9-month period ending September 30, 2013 $117,000,000 12-month period ending December 31, 2013 $200,000,000 Each applicable period ending on each fiscal quarter thereafter * * The minimum bookings requirement for each applicable cumulative period ending on the last day of each fiscal quarter shall be determined by Bank based on Borrower’s board-approved plan for far such fiscal year delivered in accordance with Section 6.2, such covenant to be set in a manner (but not in amounts) consistent with the 2011 2012 covenant.

Minimum Bookings. At all times in which any Obligations in respect of the Revolving Line remain outstanding or Bank has any obligation to lend under the Revolving Line, consummate new contracts having a year-to-date projected gross value, as determined by Bank, of not less than the following amounts for each of the following periods (as measured on the last day of the applicable fiscal quarter): Period Minimum Bookings 3-month period ending September 30, 2011 $9,600,000 6-month period ending December 31, 2011 $20,800,000 3-month period ending March 31, 2012 * $10,685,000 6-month period ending June 30, 2012 * $34,000,000 9-month period ending September 30, 2012 * $59,000,000 12-month period ending December 31, 2012, and each 2012 $96,000,000 Each applicable period ending on each fiscal quarter thereafter * * The minimum bookings requirement for each applicable cumulative period ending on the last day of each fiscal quarter shall be determined by Bank based on Borrower’s board-approved plan for such fiscal year delivered in accordance with Section 6.2, such covenant to be set in a manner (but not in amounts) consistent with the 2011 2012 covenant.