Revenue Renewal Rate. The Borrower shall not permit its average Revenue Renewal Rate per month for any three (3) consecutive calendar months, with each such month’s Revenue Renewal Rate calculated at the end of such month within the Term, to be less than eighty percent (80%).
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Samples: Credit Agreement, Credit Agreement (Accelerize Inc.)
Revenue Renewal Rate. The Borrower shall not permit its average Revenue Renewal Rate per month for any three (3) consecutive calendar months, with each such month’s Revenue Renewal Rate calculated at the end of such month within the Term, (i) for the months of May, 2018, June, 2018, July, 2018 and August, 2018, to be less than seventy-five percent (75%), and (ii) for any other month, to be less than eighty percent (80%).”
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Revenue Renewal Rate. The Borrower shall not permit its average Revenue Renewal Rate per month for any three (3) consecutive calendar months, with each such month’s Revenue Renewal Rate calculated at the end of such month within the Term, to be less than (a) seventy-five percent (75%) from the Seventh Amendment Effective Date through October 31, 2018, and (b) eighty percent (80%)) on November 1, 2018 and at all times thereafter.
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Revenue Renewal Rate. The Borrower shall not permit its average Revenue Renewal Rate per month for any three (3) consecutive calendar months, with each such month’s Revenue Renewal Rate calculated at the end of such month within the Term, to be less than (a) seventy-two and one-half percent (72.5%) from the Ninth Amendment Effective Date through February 28, 2019, and (b) eighty percent (80%)) on March 1, 2019 and at all times thereafter.
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Samples: Limited Waiver (Accelerize Inc.)
Revenue Renewal Rate. The Borrower shall not permit its average Revenue Renewal Rate per month for any three (3) consecutive calendar months, with each such month’s Revenue Renewal Rate calculated at the end of such month within the Term, to be less than eighty percent (80%).. SCHEDULE 10
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