Examples of Revenue Period in a sentence
Following the Closing and through the expiration of the Revenue Period, Purchaser shall use its reasonable efforts to actively sell the Acquired Products.
Should the Net Service Revenue of the Business fall below the Threshold during the Revenue Period, the Stock Consideration and the Non-Compete Consideration shall be reduced by a percentage equal to the amount of such difference in Net Service Revenue for the Revenue Period from the Threshold divided by the Threshold, as described below.
For each Test Period, measured as of the last day of each calendar month ending after March 31, 2010, Collections of Accounts of Borrowers collectively shall not be less than 87.5% of Borrowers’ net revenue for the Revenue Period less the bad debt expense recognized on the income statement for such Revenue Period.
The Purchaser shall issue the Stock Consideration on December 15, 2005 to be held by the Purchaser who will deliver the Stock Consideration to the Principals after the Final Net Service Revenue is determined after the conclusion of the Revenue Period.
The reference to the date “March 31, 2004” in clause (iv) of the last sentence of Section 3(a) is deleted and replaced with the date “September 30, 2004”; provided, however, that if SBEC fails to timely satisfy its [*] Payment obligation under such Section 3(a) with respect to any Revenue Period, then the terms of this Paragraph 2 shall be null and void and of no further force or effect.