Minimum Consolidated Revenue. The Borrower will not permit ----------------------------- Consolidated Revenue for any period of four consecutive fiscal quarters ending during any period set forth below, to be less than the amount set forth opposite such period: Period Minimum ------ ------- December 31, 2000 to $1,100,000,000 December 30, 2001 December 31, 2001 to $1,600,000,000 December 30, 2002 December 31, 2002 to $2,200,000,000 December 30, 2003 December 31, 2003 to $3,200,000,000 December 30, 2004 December 31, 2004 and thereafter no minimum
Minimum Consolidated Revenue. Permit Consolidated Revenue, measured on a trailing twelve month basis, as of the last day of each quarterly period set forth below to be less than the amount set forth below opposite such quarterly period: March 31, 2019 $ 200,000,000 June 30, 2019 $ 213,500,000 September 30, 2019 $ 221,250,000 December 31, 2019 $ 231,500,000 March 31, 2020 $ 235,000,000 June 30, 2020 $ 253,000,000 September 30, 2020 $ 260,000,000 December 31, 2020 $ 262,000,000 March 31, 2021 $ 265,589,489 June 30, 2021 $ 269,601,318 September 30, 2021 $ 306,135,527 December 31, 2021 $ 338,298,137 The minimum Consolidated Revenue requirements for the quarterly periods ending March 31, 2022 and thereafter shall be determined no later than March 31 of each applicable fiscal year, by the Required Lenders, in their reasonable discretion following review of the board-approved Projection delivered pursuant to Section 6.2(c) hereof and consultation with Borrower; provided that such minimum Consolidated Revenue requirements shall in any event not be less than the greater of (i) the actual Consolidated Revenue reported by Borrower for the corresponding fiscal quarter from the prior fiscal year, and (ii) 105% of the Consolidated Revenue threshold for the corresponding fiscal quarter from the prior fiscal year.
Minimum Consolidated Revenue. Borrower shall not permit Consolidated Revenue, as of the last day of any Fiscal Quarter for the four Fiscal Quarter period then ended, beginning with the Fiscal Quarter ending September 30, 2024, to be less than the required amount set forth in the following table for such date; provided that minimum Consolidated Revenue for the Fiscal Quarters ending September 30, 2024, December 31, 2024 and March 31, 2025 shall be tested on the basis of the one Fiscal Quarter period then ended, two Fiscal Quarter period then ended and three Fiscal Quarter period then ended, respectively: September 30, 2024 $ 5,000,000 December 31, 2024 $ 43,000,000 March 31, 2025 [*] June 30, 2025 [*] September 30, 2025 [*] December 31, 2025 [*] March 31, 2026 [*] June 30, 2026 [*] September 30, 2026 [*] December 31, 2026 [*] March 31, 2027 [*] June 30, 2027 [*] September 30, 2027 [*] December 31, 2027 [*] March 31, 2028 [*] June 30, 2028 [*] September 30, 2028 [*] December 31, 2028 [*] March 31, 2029 [*]
Minimum Consolidated Revenue. At the end of each Fiscal Quarter of the Borrower Group, no Borrower shall permit the Consolidated Revenue for the immediately preceding four Fiscal Quarters ending on any date set forth below to be less than the amount set forth below opposite such date: March 31, 2006 32,086,000 June 30, 2006 33,604,000 September 30, 2006 34,897,000 December 31, 2006 35,653,000 March 31, 2007 35,500,000 June 30, 2007 37,000,000 September 30, 2007 38,000,000 December 31, 2007 38,000,000
Minimum Consolidated Revenue. During Phase I, the Borrower will not permit Consolidated Revenue for any six-month period ending on the date set forth below to be less than the amount set forth opposite such six-month period below: Six-Month Period Ending On Amount -------------------------- ------ March 31, 2000 $9,410,000 June 30, 2000 $14,272,000 September 30, 2000 $20,831,000 December 31, 2000 $29,042,000 March 31, 2001 $41,707,000 -69- June 30, 2001 $56,060,000 September 30, 2001 $68,453,000 December 31, 2001 $80,846,000 March 31, 2002 $97,422,000 June 30, 2002 $114,227,000 September 30, 2002 $127,077,000 December 31, 2002 $139,926,000 March 31, 2003 $162,474,000 June 30, 2003 $184,544,000
Minimum Consolidated Revenue. The Borrower shall not permit Consolidated Revenue, as of the last day of any Fiscal Quarter for the four Fiscal Quarter period then ended, beginning with the Fiscal Quarter ending December 31, 2025, to be less than: (x) for each such four Fiscal Quarter period ended on or prior to the Lines 3 and 4 Commencement Date, the “Minimum Consolidated Revenue” amount specified for such four Fiscal Quarter period on Schedule Q Part B-1 hereto and (y) for each such four Fiscal Quarter period ended thereafter, the “Minimum Consolidated Revenue” amount specified for such four Fiscal Quarter period on Schedule Q Part B-2 hereto; provided, that the “Minimum Consolidated Revenue” amount for the Fiscal Quarters ending December 31, 2025, March 31, 2026, and June 30, 2026, shall be tested on the basis of one Fiscal Quarter period then ended, the two Fiscal Quarter period then ended and the three Fiscal Quarter period then ended, respectively.
Minimum Consolidated Revenue. At the end of each Fiscal Quarter of the Borrower Group, no Borrower shall permit the Consolidated Revenue for the immediately preceding four Fiscal Quarters ending on any date set forth below to be less than the amount set forth below opposite such date: ================================================== Date Minimum Consolidated Revenue (in Dollars) -------------------------------------------------- September 30, 2002 27,095,700 -------------------------------------------------- December 31, 2002 24,818,600 -------------------------------------------------- March 31, 2003 23,211,600 -------------------------------------------------- June 30, 2003 22,695,200 -------------------------------------------------- September 30, 2003 24,538,700 -------------------------------------------------- December 31, 2003 27,011,000 -------------------------------------------------- March 31, 2004 29,708,600 -------------------------------------------------- June 30, 2004 32,527,400 -------------------------------------------------- September 30, 2004 35,134,100 -------------------------------------------------- -------------------------------------------------- December 31, 2004 37,689,200 -------------------------------------------------- March 31, 2005 40,347,200 -------------------------------------------------- June 30, 2005 42,809,100 -------------------------------------------------- September 30, 2005 45,023,700 -------------------------------------------------- December 31, 2005 46,969,700 -------------------------------------------------- March 31, 2006 48,605,500 -------------------------------------------------- June 30, 2006 50,162,100 -------------------------------------------------- September 30, 2006 51,558,800 -------------------------------------------------- December 31, 2006 52,777,800 --------------------------------------------------
Minimum Consolidated Revenue. During Phase I, the Borrower will not permit Consolidated Revenue for any six-month period ending on a date set forth below to be less than the amount set forth opposite such six-month period below:
Minimum Consolidated Revenue. Maintain Borrowers’ net consolidated revenue on a quarterly basis, and calculated as net consolidated revenues have been historically calculated by the Borrowers, in an amount not less than the amount set forth below for such period: March 31, 2009 $ 19,231,625 June 30, 2009 $ 23,137,580 September 29, 2009 $ 22,516,093 December 29, 2009 $ 22,840,619 March 30, 2010 $ 19,231,625 June 29, 2010 $ 23,137,580 September 28, 2010 $ 22,516,093 December 28, 2010 $ 22,840,619
Minimum Consolidated Revenue. Permit Consolidated Revenue of Borrower and its Subsidiaries as of the last day for any period of four consecutive fiscal quarters ending on the last day of each fiscal quarter ending after the Closing Date to be less than $225,000,000.
