Existing Customer Accounts definition
Existing Customer Accounts are, on any date of determination, all Eligible Customer Accounts of Borrower generated from expected receipt of MRR which arise in the ordinary course of Borrower’s business.
Existing Customer Accounts are, on any date of determination, all Eligible Customer Accounts consisting of customers who have executed a subscription commitment with Borrower that are not New Customer Accounts or accounts that have been lost.
Existing Customer Accounts are, on any date of determination, all Eligible Customer Accounts which each such Account (i) consists of customers of Borrower that have actually used Borrower’s services, (ii) generates trailing 12-month Recurring Revenues for Borrower of at least One Thousand Dollars ($1,000), and (iii) is not a New Customer Account or Lost Customer Account.
Examples of Existing Customer Accounts in a sentence
The Company provides clinicians and surgeons with a full line of the highest quality regenerative and orthobiologic technologies (the “Business”) for their patients through the Existing Customer Accounts.
More Definitions of Existing Customer Accounts
Existing Customer Accounts means, collectively, the Existing Customer Accounts set forth on Exhibit C.