Common use of TIME FOR ATTAINMENT OF REVENUE LEVELS Clause in Contracts

TIME FOR ATTAINMENT OF REVENUE LEVELS. The revenue levels of APC as milestones referenced above must be attained by APC within the time periods, measured from the effective date of this Agreement as set forth on Schedule 1. If the revenue levels are not so attained within the following times, the number of Shares available for conversion hereunder shall decrease at a rate of ten percent (10%) of the then remaining amount of Shares available for conversion each calendar month, prorated on the basis of number of days in each calendar month.