Common use of Contract Backlog Clause in Contracts

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. 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 52826770.15December 31, 2017 $60,000,000 March 31, 2018 $65,000,000 June 30, 2018 $65,000,000 September 30, 2018 $65,000,000 December 31, 2018 $65,000,000 March 31, 2019 and each fiscal quarter thereafter $70,000,000