Common use of Minimum Revenues Clause in Contracts

Minimum Revenues. On each of the Computation Dates set forth below, the Borrower shall not permit the total cumulative revenues (calculated for the period of time beginning on February 1, 2001 through such Computation Date) to be less than the minimum amount set forth bellow: MINIMUM COMPUTATION DATE CUMULATIVE REVENUES ---------------- ------------------- April 30, 2001 $1,800,000 July 31, 2001 $4,100,000 October 31, 2001 $6,900,000 January 31, 2002 $10,200,000

Appears in 1 contract

Samples: Loan Agreement (Lanvision Systems Inc)

AutoNDA by SimpleDocs

Minimum Revenues. On each of the Computation Dates set forth below, the Borrower shall not permit the total cumulative revenues (calculated for the period of time beginning on February 1, 2001 2003 and February 1, 2004 through such Computation Date) to be less than the minimum amount set forth bellowbelow: MINIMUM COMPUTATION DATE CUMULATIVE REVENUES ---------------- ------------------- April 30, 2001 2003 $1,800,000 2,200,000 July 31, 2001 2003 $4,100,000 5,200,000 MINIMUM COMPUTATION DATE CUMULATIVE REVENUES ---------------- ------------------- October 31, 2001 $6,900,000 2003 $ 8,400,000 January 31, 2002 2004 $10,200,00012,200,000 April 30, 2004 $ 2,400,000

Appears in 1 contract

Samples: Loan and Security Agreement (Lanvision Systems Inc)

Minimum Revenues. On each of the Computation Dates set forth below, the Borrower shall not permit the total cumulative revenues (calculated for the period of time beginning on February 1, 2001 2002 through such Computation Date) to be less than the minimum amount set forth bellow: : 1. MINIMUM COMPUTATION DATE CUMULATIVE REVENUES ---------------- ------------------- April 30, 2001 2002 $1,800,000 2,000,000 July 31, 2001 $4,100,000 October 31, 2001 $6,900,000 January 31, 2002 $10,200,0004,800,000 October 31, 2002 $8,000,000 January 31, 2003 $11,500,000

Appears in 1 contract

Samples: Loan and Security Agreement (Lanvision Systems Inc)

Minimum Revenues. On each of the Computation Dates set forth below, the Borrower shall not permit the total cumulative revenues (calculated for the period of time beginning on February 1, 2001 2000 through such Computation Date) to be less than the minimum amount set forth bellow: MINIMUM COMPUTATION DATE CUMULATIVE REVENUES ---------------- ------------------- April 30October 31, 2001 2000 $1,800,000 July 5,500,000 January 31, 2001 $4,100,000 October 31, 2001 $6,900,000 January 31, 2002 $10,200,0008,800,000

Appears in 1 contract

Samples: Loan Agreement (Lanvision Systems Inc)

AutoNDA by SimpleDocs

Minimum Revenues. On each of the Computation Dates Date set forth below, the Borrower shall not permit the its total cumulative revenues (calculated for the period of time beginning on February 1, 2001 2000 through such Computation Date) to be less than the minimum amount set forth bellowbelow: MINIMUM COMPUTATION DATE CUMULATIVE REVENUES ---------------- ------------------- April 30, 2001 $1,800,000 2000 $ 1,800,000.00 July 31, 2000 $ 5,000,000.00 October 31, 2000 $ 8,000,000.00 January 31, 2001 $4,100,000 October 31, 2001 $6,900,000 January 31, 2002 $10,200,00011,000,000.00

Appears in 1 contract

Samples: Loan Agreement (Lanvision Systems Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!