Common use of Minimum Recurring Revenue Clause in Contracts

Minimum Recurring Revenue. TTM Recurring Revenue measured on a fiscal quarter-end basis for each fiscal quarter ending from and after the fiscal quarter ending March 31, 2015, of at least $4,500,000.

Appears in 3 contracts

Samples: Loan and Security Agreement (Telos Corp), Loan and Security Agreement (Telos Corp), Loan and Security Agreement (Telos Corp)

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Minimum Recurring Revenue. TTM Recurring Revenue for the quarter ending September 30, 2014 of at least $4,500,000, and TTM Recurring Revenue, measured on a fiscal quarter-end basis for each fiscal quarter ending from and after the fiscal quarter ending March December 31, 20152014, of at least $4,500,0005,000,000.

Appears in 1 contract

Samples: Loan and Security Agreement (Telos Corp)

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Minimum Recurring Revenue. TTM Recurring Revenue Revenue, measured on a fiscal quarter-end basis for each fiscal quarter ending from and after the fiscal quarter ending March 31, 2015, of at least $4,500,0005,000,000 for each quarter other than the quarter ending June 30, 2014, and TTM Recurring Revenue of at least $4,500,000 for the quarter ending June 30, 2014.

Appears in 1 contract

Samples: Loan and Security Agreement (Telos Corp)

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