Common use of Cash Velocity Clause in Contracts

Cash Velocity. Collections of Borrower’s Accounts shall not be less than the amount set forth below for each calendar month during the Term; provided, that upon any violation of or failure to comply with this covenant Lender shall have the right, in its sole discretion, to consider for all purposes under the Agreement as though Borrower actually collected Accounts equal to such minimum required amount. Calendar Month Ending Cash Velocity May 31, 2004 $3,800,000 June 30, 2004 through July 31, 2004 $4,600,000 August 31, 2004 through September 30, 2004 $7,500,000 October 31, 2004 through December 31, 2004 $9,000,000 January 31, 2005 through June 30, 2005 $12,000,000 July 31, 2005 through December 31, 2005 $14,000,000 January 31, 2006 through December 31, 2006 $16,000,000 January 31, 2007 and thereafter $17,500,000

Cash Velocity. Collections of Borrower’s Accounts shall not be less than the amount set forth below for each calendar month during the Term; provided, that upon any violation of or failure to comply with this covenant Lender shall have the right, in its sole discretion, to consider for all purposes under the Agreement as though Borrower actually collected Accounts equal to such minimum required amount. Calendar Month Ending Cash Velocity May 31, 2004 $$ 3,800,000 June 30, 2004 through July 31, 2004 $$ 4,600,000 August 31, 2004 through September 30, 2004 $7,500,000 $ 7,000,000 October 31, 2004 through December 31, 2004 $9,000,000 $ 8,000,000 January 31, 2005 through June 30, 2005 $$ 12,000,000 July 31, 2005 through December 31, 2005 $$ 14,000,000 January 31, 2006 through December 31, 2006 $$ 16,000,000 January 31, 2007 and thereafter $17,500,000$ 17,500,000 3

Cash Velocity. Collections of Borrower’s Accounts (which shall not include CIGNA Receipts for purposes of this covenant) shall not be less than the amount set forth below for each calendar month during the Term; provided, that upon any violation of or failure to comply with this covenant Lender shall have the right, in its sole discretion, to consider for all purposes under the Agreement as though Borrower actually collected Accounts equal to such minimum required amount. Calendar Month Ending Cash Velocity May 31, 2004 $3,800,000 June 30, 2004 through July 31, 2004 $4,600,000 August 31, 2004 through September 30, 2004 $7,500,000 October 31, 2004 through December 31, 2004 2005 $9,000,000 January 31, 2005 through June 5,000,000 November 30, 2005 $12,000,000 July 31, 2005 through 4,500,000 December 31, 2005 $14,000,000 4,500,000 January 31, 2006 through December $4,500,000 February 28, 2006 $2,000,000 March 31, 2006 $16,000,000 January 314,000,000 April 30, 2007 2006 and thereafter $17,500,0003,500,000

Cash Velocity. Collections of Borrower’s 's Accounts shall not be less than the amount set forth below for each calendar month during the Term; provided, that upon any violation of or failure to comply with this covenant Lender shall have the right, in its sole discretion, to consider for all purposes under the Agreement as though Borrower actually collected Accounts equal to such minimum required amount. Calendar Month Ending Cash Velocity May 31, 2004 $$ 3,800,000 June 30, 2004 through July 31, 2004 $$ 4,600,000 August 31, 2004 through September 30, 2004 $$ 7,500,000 October 31, 2004 through December 31, 2004 $$ 9,000,000 January 31, 2005 through June 30, 2005 $$ 12,000,000 July 31, 2005 through December 31, 2005 $$ 14,000,000 January 31, 2006 through December 31, 2006 $$ 16,000,000 January 31, 2007 and thereafter $$ 17,500,000