Borrowing Milestone. The Obligors shall have achieved (i) Revenue from the sale of the Product of at least $18,000,000 during any consecutive three (3) month period after the date hereof or (ii) an Average Market Capitalization of at least $700,000,000 for any consecutive three (3) month period after the date hereof; provided, however, in each case, that the applicable consecutive three (3) month period ends on or prior to June 30, 2017.
Appears in 2 contracts
Samples: Loan Agreement (Omeros Corp), Loan Agreement (Omeros Corp)
Borrowing Milestone. The Obligors shall have achieved (i) Revenue from the sale of the Product of at least $18,000,000 25,000,000 during any consecutive three (3) month period after the date hereof or (ii) an Average Market Capitalization of at least $700,000,000 1,000,000,000 for any consecutive three (3) month period after the date hereof; provided, however, in each case, that the applicable consecutive three (3) month period ends on or prior to June 30December 31, 2017.
Appears in 1 contract
Samples: Loan Agreement (Omeros Corp)
Borrowing Milestone. The Obligors shall have achieved (i) Revenue from the sale of the Product of at least $18,000,000 25,000,000 during any consecutive three (3) month period after the date hereof or (ii) an Average Market Capitalization of at least $700,000,000 1,000,000,000 for any 137168310 v21 consecutive three (3) month period after the date hereof; provided, however, in each case, that the applicable consecutive three (3) month period ends on or prior to June 30December 31, 2017.
Appears in 1 contract
Samples: Loan Agreement (Omeros Corp)