Minimum Revenue. The Company and its Subsidiaries shall not permit the Revenue of the Company and its Subsidiaries on a consolidated basis in accordance with GAAP, as of the last day of any fiscal quarter ending on the dates set forth below and calculated for the period of the last twelve months ending on such date, to be less than the amount set forth below for such date. Fiscal Quarter ending on Minimum Revenue 12/31/2022 $ 15,385,000 3/31/2023 $ 17,474,000 6/30/2023 $ 20,261,000 9/30/2023 $ 24,334,000 12/31/2023 $ 29,662,000 3/31/2024 $ 34,060,000 6/30/2024 $ 39,812,000 9/30/2024 $ 46,934,000 12/31/2024 $ 55,306,000 3/31/2025 $ 61,884,000 6/30/2025 $ 70,336,000 9/30/2025 $ 81,222,000 12/31/2025 and thereafter $ 94,612,000 58
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Samples: Indenture (ProSomnus, Inc.), Indenture (ProSomnus, Inc.)
Minimum Revenue. The Company and its Subsidiaries shall not permit the Revenue of the Company and its Subsidiaries on a consolidated basis in accordance with GAAP, as of the last day of any fiscal quarter ending on the dates set forth below and calculated for the period of the last twelve months ending on such date, to be less than the amount set forth below for such date. Fiscal Quarter ending on Minimum Revenue 12/31/2022 $ 15,385,000 3/31/2023 $ 17,474,000 6/30/2023 $ 20,261,000 22,500,000 9/30/2023 $ 24,334,000 24,000,000 12/31/2023 $ 29,662,000 26,000,000 3/31/2024 $ 34,060,000 25,200,000 6/30/2024 $ 39,812,000 27,000,000 9/30/2024 $ 46,934,000 28,800,000 12/31/2024 $ 55,306,000 31,200,000 3/31/2025 $ 61,884,000 30,240,000 6/30/2025 $ 70,336,000 32,400,000 9/30/2025 $ 81,222,000 34,560,000 12/31/2025 and thereafter $ 94,612,000 5837,440,000
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Minimum Revenue. The Company and its Subsidiaries shall not permit the Revenue of the Company and its Subsidiaries on a consolidated basis in accordance with GAAP, as of the last day of any fiscal quarter ending on the dates set forth below and calculated for the period of the last twelve months ending on such date, to be less than the amount set forth below for such date. Fiscal Quarter ending on Minimum Revenue 12/31/2022 $ 15,385,000 3/31/2023 $ 17,474,000 6/30/2023 $ 20,261,000 9/30/2023 $ 24,334,000 12/31/2023 $ 29,662,000 3/31/2024 $ 34,060,000 6/30/2024 $ 39,812,000 9/30/2024 $ 46,934,000 12/31/2024 $ 55,306,000 3/31/2025 $ 61,884,000 6/30/2025 $ 70,336,000 9/30/2025 $ 81,222,000 12/31/2025 and thereafter $ 94,612,000 5894,612,000
Appears in 1 contract
Samples: Indenture (ProSomnus, Inc.)
Minimum Revenue. The Company and its Subsidiaries shall not permit the Revenue of the Company and its Subsidiaries on a consolidated basis in accordance with GAAP, as of the last day of any fiscal quarter ending on the dates set forth below and calculated for the period of the last twelve months ending on such date, to be less than the amount set forth below for such date. Fiscal Quarter ending on Minimum Revenue 12/31/2022 $ 15,385,000 3/31/2023 $ 17,474,000 6/30/2023 $ 20,261,000 22,500,000 9/30/2023 $ 24,334,000 24,000,000 12/31/2023 $ 29,662,000 26,000,000 3/31/2024 $ 34,060,000 25,200,000 6/30/2024 $ 39,812,000 27,000,000 9/30/2024 $ 46,934,000 28,800,000 12/31/2024 $ 55,306,000 31,200,000 3/31/2025 $ 61,884,000 30,240,000 6/30/2025 $ 70,336,000 32,400,000 9/30/2025 $ 81,222,000 34,560,000 12/31/2025 and thereafter $ 94,612,000 5837,440,000 68
Appears in 1 contract
Minimum Revenue. The Company and its Subsidiaries shall not permit the Revenue of the Company and its Subsidiaries on a consolidated basis in accordance with GAAP, as of the last day of any fiscal quarter ending on the dates set forth below and calculated for the period of the last twelve months ending on such date, to be less than the amount set forth below for such date. Fiscal Quarter ending on Ending Minimum Revenue 12/31/2022 $ 15,385,000 3/31/2023 $ 17,474,000 6/30/2023 $ 20,261,000 22,500,000 9/30/2023 $ 24,334,000 24,000,000 12/31/2023 $ 29,662,000 26,000,000 3/31/2024 $ 34,060,000 25,200,000 6/30/2024 $ 39,812,000 27,000,000 9/30/2024 $ 46,934,000 28,800,000 12/31/2024 $ 55,306,000 31,200,000 3/31/2025 $ 61,884,000 30,240,000 6/30/2025 $ 70,336,000 32,400,000 9/30/2025 $ 81,222,000 34,560,000 12/31/2025 and thereafter $ 94,612,000 5837,440,000
Appears in 1 contract
Minimum Revenue. The Company and its Subsidiaries shall not permit the Revenue of the Company and its Subsidiaries on a consolidated basis in accordance with GAAP, as of the last day of any fiscal quarter ending on the dates set forth below and calculated for the period of the last twelve months ending on such date, to be less than the amount set forth below for such date. Fiscal Quarter ending on Ending Minimum Revenue 12/31/2022 $ 15,385,000 3/31/2023 $ 17,474,000 6/30/2023 $ 20,261,000 22,500,000 9/30/2023 $ 24,334,000 24,000,000 12/31/2023 $ 29,662,000 26,000,000 3/31/2024 $ 34,060,000 25,200,000 6/30/2024 $ 39,812,000 27,000,000 9/30/2024 $ 46,934,000 28,800,000 12/31/2024 $ 55,306,000 31,200,000 3/31/2025 $ 61,884,000 30,240,000 6/30/2025 $ 70,336,000 32,400,000 9/30/2025 $ 81,222,000 34,560,000 12/31/2025 and thereafter $ 94,612,000 5837,440,000
Appears in 1 contract