Common use of Minimum Revenue Clause in Contracts

Minimum Revenue. Borrower and its Subsidiaries shall have annual Revenue (for each respective calendar year, the “Minimum Required Revenue”): (a) during the twelve month period beginning on January 1, 2015, of at least $8,000,000; (b) during the twelve month period beginning on January 1, 2016, of at least $20,000,000; (c) during the twelve month period beginning on January 1, 2017, and during each twelve month period thereafter beginning on January 1 of each such period, of at least $30,000,000.

Minimum Revenue. (a) Borrower and its Subsidiaries shall have annual Revenue (for each respective calendar year, the “Minimum Required Revenue”):: (ai) during the twelve month period beginning on January 1, 2013, of at least $25,000,000; (ii) during the twelve month period beginning on January 1, 2014, of at least $50,000,000; (iii) during the twelve month period beginning on January 1, 2015, of at least $8,000,00075,000,000; (biv) during the twelve month period beginning on January 1, 2016, of at least $20,000,000; (c) during the twelve month period beginning on January 1, 2017, and during each twelve month period thereafter beginning on January 1 of each such periodfollowing thereafter, of at least $30,000,000.100,000,000;

Minimum Revenue. Borrower and its Subsidiaries shall have annual Revenue (for each respective calendar yearyear (calculated contemporaneously with the date that the financial statements for such calendar year are delivered or required to be delivered pursuant to Section 8.01(b)), the “Minimum Required Revenue”): (a) during the twelve twelve-month period beginning on January 1, 20152024, of at least $8,000,00060,000,000; (b) during the twelve twelve-month period beginning on January 1, 20162025, of at least $20,000,00075,000,000; (c) during the twelve twelve-month period beginning on January 1, 20172026, and of at least $85,000,000; (d) during the twelve-month period beginning on January 1, 2027, of at least $95,000,000; and (e) during each twelve twelve-month period thereafter beginning on January 1 of each such perioda given year thereafter, of at least $30,000,000105,000,000.