RR Growth Rate definition

RR Growth Rate the amount (expressed as a percentage) of (a) (i) Recurring Revenue for any trailing 4 fiscal quarter period minus (ii) the Recurring Revenue for the same trailing 4 fiscal quarter period of the immediately preceding year divided by (b) Recurring Revenue for the same trailing 4 fiscal quarter period of the immediately preceding year.
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RR Growth Rate the amount (expressed as a percentage) of (a) (i) RR for any trailing 12 month period minus (ii) the RR for the same trailing 12 month period of the immediately preceding year divided by (b) RR for the same trailing 12 month period of the immediately preceding year.
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RR Growth Rate the amount (expressed as a percentage) of (a) (i) Recurring Revenue for any
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Examples of RR Growth Rate in a sentence

  • Permit the RR Growth Rate for any period of 12 months set forth below to be less than RR Growth Rate set forth opposite such period.

  • Permit Liquidity at any time, as determined as of the last day of any month, to be less than the amount set forth below corresponding to the RR Growth Rate for the most recently completed trailing twelve month period for which financial statements were required to be delivered hereunder.

  • During a Covenant Testing Period, permit the RR Growth Rate for any trailing 4 fiscal quarter period ending on the last day of each fiscal quarter of the Borrower to be less than 5%.

  • During a Covenant Testing Period, permit the RR Growth Rate for any trailing 4 fiscal quarter period ending on the last day of each fiscal quarter of the Borrower to be less than 205%.

  • During a Covenant Testing Period, permit the RR Growth Rate for any trailing 4 fiscal quarter period ending on the last day of each fiscal quarter of the Borrower to be less than 20%.