Minimum Total Revenue Sample Clauses

Minimum Total Revenue. As of the end of the fiscal quarter ended June 30, 2021 and each fiscal quarter thereafter, the Obligors shall maintain, on a consolidated basis, Total Revenue for the twelve (12) month period most recently ended on such date of not less than the amount set forth in the table below: June 30, 2021 $15,017,000 September 30, 2021 $16,844,000 December 31, 2021 $19,482,000 March 31, 2022 $22,988,000 June 30, 2022 $27,455,000 September 30, 2022 $32,305,000 December 31, 2022 $37,938,000 March 31, 2023 $42,076,000 June 30, 2023 $46,752,000 September 30, 2023 $51,562,000 December 31, 2023 $56,730,000 March 31, 2024 $62,891,000 June 30, 2024 $69,064,000 September 30, 2024 $74,442,000 December 31, 2024 $79,227,000 March 31, 2025 $85,526,000 June 30, 2025 $92,295,000 September 30, 2025 $99,058,000 December 31, 2025 $106,016,000
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Minimum Total Revenue. The Borrowers shall not permit Total Revenue, as of the last day of any fiscal quarter of Parent, to be less than (a) the amounts set forth in the table below (as determined for the four fiscal quarter period ending on the date corresponding to such amount) plus (b) the aggregate Total Revenue Adjustment Amounts for all Acquisitions since the Closing Date:
Sample 1
Minimum Total Revenue. The Company will not permit Total Revenue to be less than the following respective amounts for the following respective periods: Period Minimum Amount ------ -------------- January 1, 1999 through December 31, 1999 $142,500,000 January 1, 2000 through March 31, 2000 40,200,00 January 1, 2000 through June 30, 2000 84,600,000 January 1, 2000 through September 30, 2000 131,500,000 January 1, 2000 through December 31, 2000 188,600,000"
Sample 1
Minimum Total Revenue. The Company will rot permit Total Revenue to be less than the following respective amounts for the following respective periods: "Period Minimum Amount ------- -------------- January 1, 1999 through December 31, 1999 $ 142,500,000 January 1, 2000 through March 31, 2000 $ 40,200,000 January 1, 2000 through June 30, 2000 $ 84,600,060 January 1, 2000 through September 30, 2000 $ 131,500,000 January 1, 2000 through December 31, 2000 $ 188,600,000" 2.10. New Cash Flow Covenant -- A new Section 9.20 shall be added to the Credit Agreement to read as follows:
Sample 1
Minimum Total Revenue. As of the end of the fiscal quarter ended March 31, 2022 and each fiscal quarter thereafter, the Obligors shall maintain, on a consolidated basis, Total Revenue for the twelve (12) month period most recently ended on such date of not less than the amount set forth in the table below: Twelve-Month Period Ended Minimum Total Revenue -62- Twelve-Month Period Ended Minimum Total Revenue March 31, 2022 $16,797,000 June 30, 2022 $18,256,000 September 30, 2022 $21,722,000 December 31, 2022 $26,545,000 March 31, 2023 $30,179,000 June 30, 2023 $35,221,000 September 30, 2023 $40,649,000 December 31, 2023 $46,660,000 March 31, 2024 $51,615,000 June 30, 2024 $57,102,000 September 30, 2024 $63,486,000 December 31, 2024 $71,575,000 March 31, 2025 $85,526,000 June 30, 2025 $92,295,000 September 30, 2025 $99,058,000 December 31, 2025 $106,016,000 Section 8.16. Maintenance of Material Agreements, Intellectual Property, Etc. Such Obligor will, and will cause each of its Subsidiaries (to the extent applicable) to: (i) maintain in full force and effect for the term thereof all Material Agreements, or other rights necessary for the current operations of such Obligor’s or such Subsidiary’s business, as the case may be and (ii) maintain in full force and effect all Material Intellectual Property owned or controlled by such Obligor or any such Subsidiary that is used in and necessary for the current operations of such Obligor’s or such Subsidiary’s business, as the case may be; provided that Borrower may terminate the Supply Agreement in accordance with its terms if such termination would not be reasonably expected to adversely affect the Lenders in any material respect.
Sample 1
Minimum Total Revenue. Permit the Total Revenue of Holdco and its Subsidiaries to be less than the required amount set forth in the following table for the applicable period set forth opposite thereto on Schedule 7.17.
Sample 1
Minimum Total Revenue. A. Total Revenue (means, with respect to the Borrower and its Subsidiaries, all amounts in the Ordinary Course of Business that are or have been classified as net consolidated revenue, determined in accordance with GAAP and reported in its publicly filed statements with the SEC on form 10-K or 10-Q, as applicable) for the four (4) consecutive fiscal quarters ended on the Calculation Date corresponding with end of the [fiscal quarter/fiscal year] for which this Compliance Certificate is being delivered: $___________ B. Minimum Total Revenue set forth opposite such Calculation Date as listed in Section 8.16 of the Credit Agreement: $___________ C. Is Line 2A greater than or equal to Line 2B? Yes: In compliance; No: Not in compliance
Sample 1
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Minimum Total Revenue. Permit Total Revenues as of the last day of each calendar month for the three month period then ended to be less than ninety percent (90%) of the Total Revenue set forth in the Adjusted Budget for such three (3) month period.
Sample 1

Related to Minimum Total Revenue

  • 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 Net Income If as of the last day of any calendar month within a fiscal quarter of the Seller, the Seller’s consolidated Adjusted Tangible Net Worth is less than [***] or the Seller, on a consolidated basis, has cash and Cash Equivalents in an amount that is less than [***], in either case, the Seller’s consolidated Net Income for that fiscal quarter before income taxes for such fiscal quarter shall equal or exceed [***].

  • Minimum EBITDA Section 9.23(c) of the Loan Agreement is hereby deleted in its entirety and replaced with the following:

  • Gross Revenue The Gross Revenue shall be inclusive of installation charges, late fees, sale proceeds of handsets (or any other terminal equipment etc.), revenue on account of interest, dividend, value added services, supplementary services, access or interconnection charges, roaming charges, revenue from permissible sharing of infrastructure and any other miscellaneous revenue, without any set-off for related item of expense, etc.

  • Minimum Adjusted EBITDA Borrower shall maintain a minimum trailing six-month Adjusted EBITDA minus dividend distributions (other than tax distributions), as of such test date, of at least the greater of (a) $75,000,000 and (b) an amount equal to 75% of the trailing six-month Adjusted EBITDA minus dividend distributions (other than tax distributions), for the immediately preceding six-month period, tested semi-annually, commencing September 30, 2024, and continuing on each subsequent March 31 and September 30.

  • Maximum Annual Operating Expense Limit The Maximum Annual Operating Expense Limit with respect to each Fund shall be the amount specified in Schedule A based on a percentage of the average daily net assets of each Fund.

  • Minimum Cash As determined on the first of every calendar month, the Company shall at all times keep on-hand unencumbered, unrestricted cash in an amount greater than or equal to $1,000,000.

  • Maximum Total Payment Including the reimbursable expenses shown above (if any), the maximum total payment under this Contract is $ ; this is a not-to-exceed amount, and the District will not pay more than this amount unless specifically agreed to in an amendment executed by the parties.

  • Minimum Salaries 12.1 The minimum base salary for all Bargaining Unit members shall be as follows: 12.2 The minima defined in this Article shall apply to AAUP-represented adjuncts on a pro-rated basis proportional to their percent of full- time.

  • Minimum Net Worth The Borrower will at all times maintain ----------------- Consolidated Net Worth of not less than the sum of (i) $265,000,000 plus (ii) fifty percent (50%) of Consolidated Net Income earned in each fiscal quarter beginning with the quarter ending December 31, 1997 (without deduction for losses).

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