Common use of Minimum Consolidated Revenue Clause in Contracts

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

Appears in 1 contract

Samples: Credit Agreement (McLeodusa Inc)

AutoNDA by SimpleDocs

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 PERIOD MINIMUM ------ ------- December 31, 2000 to $1,100,000,000 December 30, 2001 December 31, 2001 January 1, 2002 to $1,600,000,000 December 1,300,000,000 June 30, 2002 July 1, 2002 to $1,200,000,000 September 30, 2002 October 1, 2002 to $1,100,000,000 December 31, 2002 January 1, 2003 to $2,200,000,000 December 30, 2003 900,000,000 December 31, 2003 January 1, 2004 to $3,200,000,000 December 30, 2004 1,000,000,000 December 31, 2004 January 1, 2005 and thereafter no minimum"

Appears in 1 contract

Samples: Third (McLeodusa Inc)

Minimum Consolidated Revenue. The At the end of each Fiscal Quarter of the Borrower will not Group, no Borrower shall permit ----------------------------- the Consolidated Revenue for the immediately preceding four Fiscal Quarters ending on any period of four consecutive fiscal quarters ending during any period date set forth below, below to be less than the amount set forth below opposite such perioddate: Period Date Minimum ------ ------- Consolidated Revenue (in Dollars) March 31, 2006 32,086,000 June 30, 2006 33,604,000 September 30, 2006 34,897,000 December 31, 2000 to $1,100,000,000 December 2006 35,653,000 March 31, 2007 35,500,000 June 30, 2001 2007 37,000,000 September 30, 2007 38,000,000 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 minimum2007 38,000,000

Appears in 1 contract

Samples: Fibernet Telecom Group Inc\

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 31January 1, 2000 2002 to $1,300,000,000 June 30, 2002 July 1, 2002 to $1,200,000,000 September 30, 2002 October 1, 2002 to $1,100,000,000 December 30, 2001 December 31, 2001 to $1,600,000,000 December 30, 2002 December 31, 2002 January 1, 2003 to $2,200,000,000 December 30, 2003 900,000,000 December 31, 2003 January 1, 2004 to $3,200,000,000 December 30, 2004 1,000,000,000 December 31, 2004 January 1, 2005 and thereafter no minimum

Appears in 1 contract

Samples: Credit Agreement (McLeodusa Inc)

AutoNDA by SimpleDocs

Minimum Consolidated Revenue. The Borrower will not permit ----------------------------- Permit Consolidated Revenue for any period of four consecutive fiscal quarters ending during any period on a date set forth below, below to be less than the amount set forth opposite such perioddate: Period Fiscal Quarter Minimum Ending Consolidated Revenue ------ ------- December -------------------- March 31, 2000 to 2002 $1,100,000,000 December 30, 2001 December 31, 2001 to $1,600,000,000 December 470,000,000 June 30, 2002 $485,000,000 September 30, 2002 $488,000,000 December 31, 2002 to $2,200,000,000 December 492,000,000 March 31, 2003 $512,000,000 June 30, 2003 $533,000,000 September 30, 2003 $566,000,000 December 31, 2003 to $3,200,000,000 607,000,000 March 31, 2004 $640,000,000 June 30, 2004 $672,000,000 September 30, 2004 $704,000,000 December 30, 2004 December 31, 2004 and thereafter no minimum$733,000,000

Appears in 1 contract

Samples: Fourth Amendment (RCN Corp /De/)

Time is Money Join Law Insider Premium to draft better contracts faster.