Common use of Minimum Net Revenue Clause in Contracts

Minimum Net Revenue. Credit Parties shall not permit its consolidated Net Revenue for any Defined Period, as tested quarterly on the last day of the applicable Defined Period, to be less than the Applicable Minimum Net Revenue Threshold for such Defined Period.

Appears in 7 contracts

Samples: Credit, Security and Guaranty Agreement (Revolving Loan) (Xtant Medical Holdings, Inc.), Credit, Security and Guaranty Agreement (Term Loan) (Xtant Medical Holdings, Inc.), Credit, Security and Guaranty Agreement (Term Loan) (Xtant Medical Holdings, Inc.)

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Minimum Net Revenue. Credit Parties Borrowers shall not permit its consolidated Net Revenue for any applicable Defined Period, as tested quarterly monthly on the last day of the applicable Defined Period, to be less than the Applicable Minimum Net Revenue Threshold for such Defined Period.

Appears in 3 contracts

Samples: Credit and Security Agreement (Term Loan) (Akoya Biosciences, Inc.), Credit and Security Agreement (Term Loan) (Akoya Biosciences, Inc.), Credit and Security Agreement (Term Loan) (Akoya Biosciences, Inc.)

Minimum Net Revenue. Credit Parties Borrowers shall not permit its consolidated Net Revenue for any applicable Defined Period, as tested quarterly on the last day of the applicable each Defined Period, to be less than the Applicable Minimum Net Revenue Threshold for such Defined Period.

Appears in 1 contract

Samples: Credit, Security and Guaranty Agreement (ViewRay, Inc.)

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Minimum Net Revenue. Credit Parties Borrowers shall not permit its consolidated Net Revenue for any applicable Defined Period, as tested quarterly monthly on the last day of the applicable Defined Period, to be less than the Applicable Minimum Net Revenue Threshold for such Defined Period.. ​

Appears in 1 contract

Samples: Credit and Security Agreement (Term Loan) (Akoya Biosciences, Inc.)

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