MINIMUM MONTHLY SALES Sample Clauses

MINIMUM MONTHLY SALES. Permit Borrower's net sales (determined in accordance with generally accepted accounting principles) for any month to be less than the following amounts: MINIMUM MONTHLY MONTH ENDING SALES February 28, 1998 $3,883,000 March 31, 1998 $3,197,000 April 30, 1998 $5,066,000 May 31, 1998 $5,705,000 June 30, 1998 $5,242,000 July 31, 1998 $5,451,000 August 31, 1998 $4,964,000 September 30, 1998 $4,159,000 October 31, 1998 $3,761,000 November 30, 1998 $3,964,000 December 31, 1998 $2,671,000 January 31, 1999 $3,045,000 February 28, 1999 $3,883,000 March 31, 1999 $3,197,000
Sample 1
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MINIMUM MONTHLY SALES. Section 8.19 of the Credit Agreement is hereby deleted in its entirety and replaced with the following: Permit Borrower's net sales (determined in accordance with generally accepted accounting principles) for any month to be less than the following amounts: ------------------- --------------------- Month Ending Minimum Monthly Sales ------------------- --------------------- July 31, 1998 $3,232,000 ------------------- --------------------- August 31, 1998 $3,462,000 ------------------- --------------------- September 30, 1998 $2,616,000 ------------------- --------------------- October 31, 1998 $3,193,000 ------------------- --------------------- November 30, 1998 $3,059,000 ------------------- --------------------- December 31, 1998 $1,983,000 ------------------- --------------------- January 31, 1999 $3,157,000 ------------------- --------------------- February 28, 1999 $3,903,000 ------------------- --------------------- March 31, 1999 $3,268,000 ------------------- ---------------------
Sample 1

Related to MINIMUM MONTHLY SALES

  • Minimum Sales 4.1 The minimum volume of sales of the Products that CSR commits to use its best efforts to achieve in the Territory on an annual basis in the first Agreement Year is 60,000 gallons (avg. 5,000 gallons per month). RCAI will review the annual volumes of sales of the Products prior to the beginning of any successive term during which this Agreement may continue and RCAI may change and adjust such minimums as it, in its sole judgment, sees fit.

  • CONTRACT YEAR The first Contract Year is the period of time ending on the first contract anniversary. Subsequent Contract Years are the annual periods between contract anniversaries.

  • Minimum Revenue Borrower and its Subsidiaries shall have annual Revenue from sales of the Product (for each respective calendar year, the “Minimum Required Revenue”):

  • Minimum Monthly Rent 3.1.1 Tenant agrees to pay to Landlord a Minimum Monthly Rent, initially in the amount set forth in the Basic Provisions, during each month of the Term of this Lease. Minimum Monthly Rent for a period constituting less than a full month shall be prorated on the basis of a thirty (30)-day month.

  • Minimum Cash Balance Licensee shall fund the Facility Checking Account --------------------- with an initial amount equal to $25,000.00 and thereafter Licensee shall provide the working capital required by Section I(H) of this Agreement

  • Monthly Fee Programmer will pay Licensee for the broadcast of the programs hereunder a fee each month as described in more detail in Appendix A to this Agreement (the "Monthly Fee"). The Monthly Fee will be payable on the first day of each calendar month during the Term, to Clearly Superior Radio, L.L.C., 0000 Xxxxx Xxxxx Xxxxxx, Xxx Xxxxxxxxx Xxxxxx, Xxxxxx, Xxxxxxxx 00000, or to such other address as Licensee may designate in writing. The failure of Licensee to demand or insist upon prompt payment of the Monthly Fee will not constitute a waiver of its right to do so.

  • Minimum Payments If the Executive’s Termination Date occurs during the Agreement Term for any reason, the Executive shall be entitled to the following payments, in addition to any payments or benefits to which the Executive may be entitled under the following provisions of this Section 5 (other than this paragraph 5(a)) or the express terms of any employee benefit plan or as required by law:

  • Gross Sales Notwithstanding anything in the Lease to the contrary the definition of Gross Sales shall be as follows:

  • Minimum Monthly Principal Payments Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the “Principal Amount”) shall begin on December 1, 2004 and shall recur on the first business day of each succeeding month thereafter until the Maturity Date (each, an “Amortization Date”). Subject to Article 3 below, beginning on the first Amortization Date, the Borrower shall make monthly payments to the Holder on each Repayment Date, each in the amount of $187,500, together with any accrued and unpaid interest to date on such portion of the Principal Amount plus any and all other amounts which are then owing under this Note, the Purchase Agreement or any other Related Agreement but have not been paid (collectively, the “Monthly Amount”). Any Principal Amount that remains outstanding on the Maturity Date shall be due and payable on the Maturity Date.

  • Maximum Annual Operating Expense Limit The Maximum Annual Operating Expense Limit with respect to each Fund shall be the amount specified in Schedule A based on a percentage of the average daily net assets of each Fund.

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