Contract Backlog Clause Samples

Contract Backlog. Schedule 4.27 sets forth a complete and accurate list, on a contract-by-contract basis determined as of March 31, 2008, of the Contract Backlog of the Company and its Subsidiaries. For purposes of this Section 4.27, the term “Contract Backlog” means revenues projected to be recognized from signed Contracts on hand with respect to which cancellation is not anticipated by the Company or its Subsidiaries. With respect to the Contracts listed on Schedule 4.8, each Contract which has been funded is so indicated. The Contract Backlog amounts set forth on Schedule 4.27, both individually and in the aggregate, constitute the Company’s best obtainable estimate of such amounts as of such date, based upon then-existing facts and circumstances known to the Company. Since the date of the most recent balance sheet in the Financial Statements, there has not been a material (more than 10%) reduction in total Contract Backlog.

Contract Backlog. Borrower shall maintain Contract Backlog, as of the last day of each fiscal quarter ending on the date set forth in the table below, at a minimum amount equal to or greater than the corresponding level set forth opposite such period: Period Ending Contract Backlog June 30, 2017 $60,000,000 September 30, 2017 $60,000,000 50 KE 52826770.15

Contract Backlog a. Actual: $ b. Required:4 At least $ c. Compliance: yes/no

Contract Backlog. Schedule 3.30 sets forth a complete and accurate list, on a contract-by-contract basis determined as of October 31, 2014, of the Contract Backlog of Seller. For purposes of this Section 3.30, the term “Contract Backlog” means revenues projected to be recognized from signed Contracts on hand with respect to which cancellation is not anticipated by Seller. With respect to the Material Contracts listed on Schedule 3.12, each Material Contract which has been funded is so indicated. The Contract Backlog amounts set forth on Schedule 3.30, both individually and in the aggregate, constitute Seller’s best obtainable estimate of such amounts as of such date, based upon then-existing facts and circumstances known to Seller. Since the date of the most recent balance sheet in the Financial Statements, there has not been a material (more than 10%) reduction in total Contract Backlog.

Contract Backlog. Not later than 60 days after and as of the end of ---------------- each fiscal year, a current backlog status report which details all new contracts added during the period certified by an officer of the Borrower.

Contract Backlog. Schedule 4.27 sets forth a complete and accurate list, on a contract-by-contract basis determined as of Closing Date, of the Contract Backlog of Abacus. For purposes of this Section 4.27, the term “Contract Backlog” means revenues projected to be recognized from signed Contracts on hand with respect to which cancellation is not anticipated by Abacus. With respect to the Contracts listed on Schedule 4.8, each Contract which has been funded is so indicated. The Contract Backlog amounts set forth on Schedule 4.27, both individually and in the aggregate, constitute Abacus’s best obtainable estimate of such amounts as of such date, based upon then-existing facts and circumstances known to Abacus. Since the date of the most recent balance sheet in the Financial Statements, there has not been a material (more than 10%) reduction in total Contract Backlog.