Examples of Recurring Monthly Revenue in a sentence
The Recurring Monthly Revenue (“RMR”) of canceled accounts follows the same definition as subscriber unit attrition as noted above.
As used herein "Delinquent Recurring Monthly Revenue" means MRR under contracts with customers that are overdue in payment as follows: residential and personal accounts, more than ninety (90) days past due; commercial accounts, more than one hundred twenty (120) days past due; and municipal, hospital and school system accounts, more than one hundred fifty (150) days past due.
Borrowers shall give prompt written notice to Lender of any litigation pending, threatened or affecting any Borrower which involves in any such case more than (i) $25,000 or (ii) Recurring Monthly Revenue of $5,000 or more.
Borrowers shall not allow Delinquent Recurring Monthly Revenue to be more than six percent (6%) of MRR at any time.
The Recurring Monthly Revenue (“RMR”) of cancelled accounts follows the same definition as subscriber unit attrition as noted above.