Common use of Minimum Net Revenue Clause in Contracts

Minimum Net Revenue. Borrower shall not permit Net Revenue for any Defined Period, as tested quarterly, to be less than the minimum amount set forth on Schedule 6.2 attached hereto for such Defined Period. A breach of a financial covenant contained in this Section 6.2 shall be deemed to have occurred as of the last day of any specified Defined Period, regardless of when the financial statements reflecting such breach are delivered to Agent.

Minimum Net Revenue. Borrower Borrowers shall not permit their Net Revenue for any Defined Period, as tested quarterlyquarterly on the last day of each calendar quarter (each a “Testing Date”), to be less than the minimum amount set forth on Schedule 6.2 attached hereto 6.1 for such Defined PeriodTesting Date. A breach of a financial covenant contained in this Section 6.2 6.1 shall be deemed to have occurred as of the last day of any specified Defined Period, regardless of when the financial statements reflecting such breach are delivered to Agent.

Minimum Net Revenue. Borrower shall not permit its consolidated Net Revenue for any Defined Period, as tested quarterlymonthly on the last day of the applicable Defined Period (each such date, a “Testing Date”), to be less than the minimum amount set forth on Schedule 6.2 attached hereto 6.1 for such Defined PeriodTesting Date. A breach of a financial covenant contained in this Section 6.2 6.1 shall be deemed to have occurred as of any date of determination by Agent or as of the last day of any specified Defined Period, regardless of when the financial statements reflecting such breach are delivered to Agent.

Minimum Net Revenue. Except as expressly provided in Section 6.2, Borrower shall not permit its consolidated Net Revenue for any Defined Period, as tested quarterlyquarterly on the last day of each calendar quarter (each a “Testing Date”), to be less than $40,000,000 (the minimum amount set forth on Schedule 6.2 attached hereto for such Defined Periodcovenant contained in this Section 6.1, the “Minimum Net Revenue Covenant”). A breach of a financial covenant contained in this Section 6.2 6.1 shall be deemed to have occurred as of the last day of any specified Defined Period, regardless of when the financial statements reflecting such breach are delivered to Agent.

Minimum Net Revenue. Borrower shall not permit its consolidated Net Revenue for any Defined Period, as tested quarterlyquarterly on the last day of the applicable Defined Period, to be less than the minimum amount set forth on Schedule 6.2 attached hereto for such Defined Period. A breach of a financial covenant contained in this Section 6.2 shall be deemed to have occurred as of any date of determination by Agent or as of the last day of any specified Defined Period, regardless of when the financial statements reflecting such breach are delivered to Agent.

Minimum Net Revenue. Borrower shall not permit its Net Revenue for any Defined Period, as tested quarterlyquarterly on the last day of the applicable Defined Period, to be less than the minimum amount set forth on Schedule 6.2 attached hereto 6.1 for such Defined Period. A breach of a financial covenant contained in this Section 6.2 6.1 shall be deemed to have occurred as of any date of determination by Agent or as of the last day of any specified Defined Period, regardless of when the financial statements reflecting such breach are delivered to Agent.