Minimum Revenue Requirement Sample Clauses

Minimum Revenue Requirement. 1. Actual 12 month Trailing Revenue for this month: $ ____________ 2. Does this comply with the Minimum Revenue Required in Column D below for this month: Yes No 1 To be included only if applicable. A B C D Month Ending Management Case Revenue Projection (12 Month Trailing) Minimum Percent Achievement for Covenant Minimum Revenue Required for Covenant (12 Month Trailing) 9/30/2018 [***] [***] [***] 10/31/2018 [***] [***] [***] 11/30/2018 [***] [***] [***] 12/31/2018 [***] [***] [***] 1/31/2019 [***] [***] [***] 2/28/2019 [***] [***] [***] 3/31/2019 [***] [***] [***] 4/30/2019 [***] [***] [***] 5/31/2019 [***] [***] [***] 6/30/2019 [***] [***] [***] 7/31/2019 [***] [***] [***] 8/31/2019 [***] [***] [***] 9/30/2019 [***] [***] [***] 10/31/2019 [***] [***] [***] 11/30/2019 [***] [***] [***] 12/31/2019 [***] [***] [***] 1/31/2020 [***] [***] [***] 2/29/2020 [***] [***] [***] 3/31/2020 [***] [***] [***] 4/30/2020 [***] [***] [***] 5/31/2020 [***] [***] [***] 6/30/2020 [***] [***] [***] 7/31/2020 [***] [***] [***] 8/31/2020 [***] [***] [***] 9/30/2020 [***] [***] [***] 10/31/2020 [***] [***] [***] 11/30/2020 [***] [***] [***] 12/31/2020 [***] [***] [***] 1/31/2021 [***] [***] [***] 2/28/2021 [***] [***] [***] 3/31/2021 [***] [***] [***] 4/30/2021 [***] [***] [***] 5/31/2021 [***] [***] [***] 6/30/2021 [***] [***] [***] 7/31/2021 [***] [***] [***] 8/31/2021 [***] [***] [***] 9/30/2021 [***] [***] [***] 10/31/2021 [***] [***] [***] 11/30/2021 [***] [***] [***] 12/31/2021 [***] [***] [***] 1/31/2022 [***] [***] [***] 2/28/2022 [***] [***] [***] 3/31/2022 [***] [***] [***] 4/30/2022 [***] [***] [***]
Sample 1Sample 2
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Minimum Revenue Requirement. (a) The “Flight Charge” for each Air Service Flight shall be specified in Schedule 1.
Sample 1Sample 2
Minimum Revenue Requirement. For all quarters beginning within the first 6 months (6) months following the Effective Date, the Minimum Revenue shall be set at zero (0) dollars. For the first quarter beginning six (6) months after the Effective Date and continuing any and all quarter thereafter, the Minimum Revenue shall be $250,000.
Sample 1
Minimum Revenue Requirement. In connection with the First Amendment, the Parties agreed to a revised (lower) price for Contract Year 3, in conjunction with an increased Yearly Minimum Quantity commitment from Suntech in Contract Year 3, as was set forth on Attachment B-1 to the First Amendment, as well as a quarterly minimum demand schedule for Suntech as was set forth on Attachment B-1 to the First Amendment. The net end result of the revisions reflected in the First Amendment described above and in Section 1.3(a) was to maintain the same aggregate revenue commitment from Suntech to MEMC Singapore for Contract Year 3 (the “Contract Year 3 Revenue Amount”) as Suntech had previously committed to MEMC Singapore in the Agreement and in the First Amendment. Suntech has now requested a further price reduction, and as a result, the Parties have agreed with this Second Amendment to a revision to Suntech’s Yearly Minimum Quantity for Contract Year three (calendar year 2009) as is set forth on Attachment B-2 to this Second Amendment, at the prices set forth on Attachment B-2 to this Second Amendment. The amount by which the aggregate revenue to MEMC Singapore from actual purchases made by Suntech in Contract Year 3 (notwithstanding the increased Contract Year 3 Yearly Minimum Quantity on Attachment B-2) is less than the Contract Year 3 Revenue Amount is the “Contract Year 3 Purchase Shortfall.”
Sample 1
Minimum Revenue Requirement. Commencing in […***…], in connection with the review of the Tactical Plan, […***…] (the “Minimum Revenue Requirements”). If the specifications for a First Year Product are modified pursuant to Section 2.3, the JOC may establish new Minimum Revenue Requirements for such First Year Product for the year in which such modification occurs. Roche will […***…]. If Roche fails to meet the Minimum Revenue Requirements for a First Year Product in any country in the Territory for […***…], then FMI will have the right, in its sole discretion, to either (i) remove such country from the Territory (and upon such election such country shall be deemed to be included in the FMI Territory) or (ii) convert the license for such country to non-exclusive.”
Sample 1

Related to Minimum Revenue Requirement

  • Minimum Revenue Borrower and its Subsidiaries shall have Revenue from sales, marketing or distribution of the Product and related services (for each respective measured period, the “Minimum Required Revenue”): (a) during the twenty-four month period beginning on January 1, 2015, of at least $45,000,000; (b) during the twenty-four month period beginning on January 1, 2016, of at least $80,000,000; (c) during the twenty-four month period beginning on January 1, 2017, of at least $110,000,000; and (d) during the twenty-four month period beginning on January 1, 2018, of at least $120,000,000; and (e) during the twenty-four month period beginning on January 1, 2019, of at least $120,000,000.

  • Minimum Requirements Consultant shall, at its expense, procure and maintain for the duration of the Agreement insurance against claims for injuries to persons or damages to property which may arise from or in connection with the performance of the Agreement by the Consultant, its agents, representatives, employees or subconsultants. Consultant shall also require all of its subconsultants to procure and maintain the same insurance for the duration of the Agreement. Such insurance shall meet at least the following minimum levels of coverage:

  • Coverage Minimum Requirement Commercial General Liability Insurance, including Bodily Injury, Personal Injury, Property Damage, Advertising Injury, and Medical Payments Each Occurrence General Aggregate $ 1,000,000 $ 2,000,000 Automobile Liability Insurance - Any Auto Each Occurrence General Aggregate $ 1,000,000 $ 2,000,000 Professional Liability $ 1,000,000 Workers Compensation Statutory Limits Employer’s Liability $ 1,000,000

  • Minimum Balance Requirements To be a member and maintain Accounts with Us You must purchase 1 share in the Credit Union. The par value of a share in this Credit Union is $5.00. If the balance in Your primary share Account drops below 1 share ($5.00), at any time, We may, at Our option, close Your Account. Nonsufficient Funds Returns. Any share draft or pre-authorized transfer, or transaction made through the use of a debit card, or other electronic means, as is applicable (including any in-person transaction), that is presented to Us for payment on Your Account when Your Account lacks sufficient collected funds to pay any such item may, at Our option, be returned for nonsufficient funds or We may honor any such item and charge You a fee for doing so. Overdraft Balance Calculation. When processing transactions that debit or credit Your Account, We start each Business Day with Your final Account balance from the preceding Business Day. The final balance takes into account all of the debit and credit transactions that were settled that Business Day pursuant to Our Funds Availability Policy, as well as any other debits or credits to Your Account that were finally settled that day, as described above in the "Deposit of Items" and "Collection and Processing of Items" sections of the Account Agreement. This starting balance at the beginning of a Business Day (the preceding Business Day's final balance) is sometimes referred to as Your "actual balance."

  • W-9 Requirement Alongside a signed copy of this Agreement, Grantee will provide Florida Housing with a properly completed Internal Revenue Service (“IRS”) Form W-9. The purpose of the W-9 form is to document the SS# or FEIN# per the IRS. Note: W-9s submitted for any other entity name other than the Grantee’s will not be accepted.

  • Service Requirement Except as otherwise provided in Section 6(e) of the Plan or Section 2 of this Agreement, this Option may be exercised only while you continue to provide Service to the Company or any Affiliate, and only if you have continuously provided such Service since the Grant Date of this Option.

  • Minimum Interest Charge If the interest charge for all balances on your Credit Card account is less than $1.00, we will charge you the Minimum Interest Charge shown on page 1. This charge is in lieu of any interest charge.

  • Minimum Monthly Rent (Section 1.5): Tenant shall pay to Landlord Minimum Monthly Rent for the Premises during the Extended Term in accordance with the schedule and in the amount set forth below: 01/01/13-07/31/13 $ 1,776.25 per month $ 8,645.00 per month $ 10,421.25 per month 08/01/13-07/31/14 $ 1,827.00 per month $ 8,892.00 per month $ 10,719.00 per month 08/01/14-07/31/15 $ 1,877.75 per month $ 9,139.00 per month $ 11,016.75 per month

  • Minimum Purchase Requirements Distributor shall make the minimum annual purchase of Products established in Exhibit B, unless the Agreement has become coexclusive. In the period within the fixed term and extension, if applicable, of the Agreement under Section 10(a) subsequent to [ * ], the parties shall meet in San Francisco at least [ * ] prior to the beginning of each of respective year to discuss market conditions and appropriate minimum purchases for such year. In the event that the parties fail to agree on an appropriate minimum any year subsequent to [ * ], the minimum annual purchase requirement for such year shall be calculated increasing or decreasing (as the case may be) the minimum purchase requirement for the preceding year in proportion to the increase or decrease in the [ * ] (based on data from mutually acceptable data provider) of the applicable product in the Territory. In the event Supplier is unable to deliver Products ordered by Distributor in an amount consistent with the most recent forecast, then the minimum annual purchase requirement shall be reduced by the quantity of Products that Supplier is unable to deliver when requested. In the event Distributor fails in any year (a “Shortfall Year”) to make the annual minimum purchase of Agreement Products required by Exhibit B, Supplier shall have the right to give Distributor written notice of default, and if such failure to make the minimum purchase is not cured (through the purchase of an amount of Agreement Product equal to the entire shortfall in the Shortfall Year, which amount shall not be counted towards any minimum purchase requirements for the year of purchase) within [ * ] of receipt of the notice, then Supplier shall have the right, in Supplier’s sole discretion and as Supplier’s sole remedy for Distributor’s failure to meet the minimum purchase requirements hereunder, either to convert the appointment of Distributor from exclusive to non-exclusive or to terminate this Agreement. In the event of either conversion to non-exclusive or termination of this Agreement pursuant to this Section 3(e), the Supplier shall pay Distributor a conversion fee equal to [ * ], and Distributor shall transfer all Regulatory Approvals relating to BMS or DES in the Territory to Supplier.

  • Minimum Interest Coverage Ratio The Borrowers shall not permit the Interest Coverage Ratio, calculated as of the end of each fiscal quarter for the four fiscal quarters then ended, to be less than 3.50 to 1.00.

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