Common use of Minimum Revenue Clause in Contracts

Minimum Revenue. Not permit the revenue of Holdings and its Subsidiaries (as recognized in accordance with GAAP) as of the last day of any Test Period set forth in the table below, to be less than the amount set forth opposite such Test Period for such Test Period then ended: Test Period Ended Minimum Revenue December 31, 2023 $46,183,000 March 31, 2024 $34,302,000 June 30, 2024 $35,794,000 September 30, 2024 $38,777,000

Appears in 4 contracts

Samples: Credit Agreement (Airspan Networks Holdings Inc.), Credit Agreement (Airspan Networks Holdings Inc.), Credit Agreement (Airspan Networks Holdings Inc.)

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Minimum Revenue. Not permit the revenue of Holdings the Issuer and its Subsidiaries (as recognized in accordance with GAAP) as of the last day of any Test Period set forth in the table below, to be less than the amount set forth opposite such Test Period for such Test Period then ended: Test Period Ended Minimum Revenue December 31, 2023 $46,183,000 March 31, 2024 $34,302,000 June 30, 2024 $35,794,000 September 30, 2024 $38,777,000

Appears in 3 contracts

Samples: Senior Secured Convertible Note Purchase and Guarantee Agreement (Airspan Networks Holdings Inc.), Senior Secured Convertible Note Purchase and Guarantee Agreement (Airspan Networks Holdings Inc.), Senior Secured Convertible Note Purchase and Guarantee Agreement (Airspan Networks Holdings Inc.)

Minimum Revenue. Not permit the revenue of Holdings and its Subsidiaries (as recognized in accordance with GAAP) as of the last day of any Test Period set forth in the table below, to be less than the amount set forth opposite such Test Period for such Test Period then ended: Test Period Ended Minimum Revenue June 30, 2023 $30,321,000 September 30, 2023 $26,659,000 December 31, 2023 $46,183,000 March 31, 2024 $34,302,000 June 30, 2024 $35,794,000 September 30, 2024 $38,777,000

Appears in 1 contract

Samples: Credit Agreement (Airspan Networks Holdings Inc.)

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Minimum Revenue. Not permit the revenue of Holdings the Issuer and its Subsidiaries (as recognized in accordance with GAAP) as of the last day of any Test Period set forth in the table below, to be less than the amount set forth opposite such Test Period for such Test Period then ended: Test Period Ended Minimum Revenue June 30, 2023 $30,321,000 September 30, 2023 $26,659,000 December 31, 2023 $46,183,000 March 31, 2024 $34,302,000 June 30, 2024 $35,794,000 September 30, 2024 $38,777,000

Appears in 1 contract

Samples: Senior Secured Convertible Note Purchase and Guarantee Agreement (Airspan Networks Holdings Inc.)

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