Minimum Revenue from Licenses, Support Services and Professional Services Sample Clauses

Minimum Revenue from Licenses, Support Services and Professional Services. Borrower shall at all times maintain aggregate revenue from Licenses, Support Services and Professional Services (collectively, “Services Revenue”) of at least (a) $ 14,400,000 for the twelve (12) Fiscal Months ending September 30, 2013, and (b) in an amount for each twelve (12) Fiscal Months ending September 30 of each year thereafter (each such period, a “Testing Period”), as determined by Lender and Borrower in good faith, based on the Projections and other information then provided to Lender for each such Testing Period pursuant to Section 4.1(e) of this Agreement (but in an amount not to exceed eighty (80%) of the projected Services Revenue for a Testing Period), and such minimum Services Revenue for each such Testing Period will be incorporated herein pursuant to an amendment to this Schedule G, which amendment shall be executed by and among Lender and Credit Parties, in form and substance reasonably satisfactory to Lender. If such amendment is not executed prior to the commencement of a Testing Period, then the minimum Services Revenue covenant for such Testing Period shall be the minimum Services Revenue required in this Schedule G for the immediately preceding Testing Period, in each case, unless and until such minimum Services Revenue amendment becomes effective for the applicable Testing Period.
Sample 1
AutoNDA by SimpleDocs

Related to Minimum Revenue from Licenses, Support Services and Professional Services

  • TAX SUPPORT SERVICES BNY Mellon shall provide the following tax support services for each Fund:  Provide various data and reports as agreed upon in the SLDs to support TRP’s tax reporting and tax filing obligations, including: · Wash sales reporting; · QDI reporting; · DRD reporting; · PFIC analysis; · Straddle analysis; · Paydown adjustments; · Equalization debit adjustments · Tax compliance under §851, §817(h); · Foreign bond sale analysis (§988); · Troubled debt analysis; · Estimation of income for excise tax purposes; · Swap analysis; · Inflation adjustments; · §1256 adjustments; · Market discount analysis; OID adjustments; · CPDI analysis; · Shareholder tax reporting information (e.g. FTC, UGG income, foreign source income by country, exempt income by state);  Provide data, and reports based on such data, maintained by BNY Mellon on its fund accounting platform as reasonably requested by TRP to support TRP’s obligations to comply with requests from tax authorities and TRP’s tax reporting and tax filing obligations.  Assist with other tax-related data needs as mutually agreed upon in writing from time-to-time.

  • Support Services Other than the assistance provided in the Information, the BNPP Entities do not offer any support services in connection with the Software.

  • Transitional Services Seller shall provide to Buyer, with respect to each Specified Business, upon written request from Buyer received by Seller no later than 30 days prior to the Closing Date, such services as may be reasonably requested by Buyer in connection with the operation of such Specified Business for a commercially reasonable transition period following the Closing to allow for conversion of existing or replacement services, in each case to the extent and only to the extent Seller or its Affiliates retains the Assets and employees necessary to allow the provision of such services (“Transitional Services”). In addition, between the date hereof and the Closing, Seller shall use commercially reasonable efforts to cooperate with Buyer to assist Buyer in developing and implementing a plan of transition. Buyer shall promptly reimburse Seller for the reasonable out-of-pocket costs and any incremental costs and expenses necessary to provide Transitional Services. All other terms and conditions for the provision of Transitional Services shall be reasonably satisfactory to both Buyer and Seller and subject to applicable Law.

  • TECHNICAL SUPPORT SERVICES 2.1 The technical support services (the "Services"): Party A agrees to provide to Party B the relevant services requested by Party B, which are specified in Exhibit 1 attached hereto ("Exhibit 1").

  • Hosting Services GSI shall load the Web site onto server(s) that are connected to the Internet and readily accessible via the Web through use of the Domain Names. GSI shall ensure that the Web site is functional and ready to process transactions in a reasonably efficient manner.

  • Transitional Services Agreement Seller shall have executed and delivered the Transitional Services Agreement.

  • Compliance Support Services Provide compliance policies and procedures related to services provided by BNY Mellon and, if mutually agreed, certain of the BNY Mellon Affiliates; summary procedures thereof; and periodic certification letters. · Such Compliance Support Services are administrative in nature and do not constitute, nor shall they be construed as constituting, legal advice or the provision of legal services for or on behalf of a Fund or any other person, and such services are subject to review and approval by the applicable Fund and by the Fund’s legal counsel. · Provide access to Fund records so as to permit the Fund or TRP to test the performance of BNY Mellon in providing the services under this Agreement. · Such Compliance Support Services performed by BNY Mellon under this Agreement shall be at the request and direction of the Fund and/or its chief compliance officer (the “Fund’s CCO”), as applicable. BNY Mellon disclaims liability to the Fund, and the Fund is solely responsible, for the selection, qualifications and performance of the Fund’s CCO and the adequacy and effectiveness of the Fund’s compliance program.

  • Billing Services Manager shall provide, or cause to be provided, the following billing services to P.C.:

  • Professional Services The Administrator shall pay the fees and expenses of the Fund incurred in connection with ordinary professional services, but only up to the limits set forth below. In the event that the fees and expenses for such services are greater than the limits set forth below, the Advisor shall pay the amounts above such limit unless the expense has been specifically assumed by the Fund per the instructions of the Trust’s Board of Trustees.

  • Transition Services Agreement Seller shall have executed and delivered the Transition Services Agreement.

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