Common use of Operating Cash Flow Clause in Contracts

Operating Cash Flow. Operating Cash Flow of at least (i) One Million Five Hundred Thousand Dollars ($1,500,000.00) for the quarter ending December 31, 2007, (ii) Five Hundred Thousand Dollars ($500,000.00) for the quarter ending Xxxxx 00, 0000, (xxx) One Million Five Hundred Thousand Dollars ($1,500,000.00) for the quarter ending June 30, 2008, and (iv) Two Million Dollars ($2,000,000.00) for the quarter ending September 30, 2008 and as of the last day of each quarter thereafter.

Appears in 1 contract

Samples: Loan and Security Agreement (Network Engines Inc)

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Operating Cash Flow. Operating Cash Flow of at least (i) One Million Five Hundred Thousand Dollars ($1,500,000.002,000,000.00) for the quarter ending as of December 31, 20072009, (ii) Five Hundred Thousand Dollars ($500,000.005,000,000.00) for the quarter ending Xxxxx 00as of each of March 31, 0000, (xxx) One Million Five Hundred Thousand Dollars ($1,500,000.00) for the quarter ending 2010 and June 30, 20082010, (iii) ($4,000,000.00) as of September 30, 2010, (iv) ($3,000,000.00) as of December 31, 2010, and (ivv) Two Million Dollars ($2,000,000.00) for the quarter ending September 30, 2008 and as of the last day of each calendar quarter thereafter, the amount that is $1,000,000.00 greater than the required Operating Cash Flow as of the last day of the immediately preceding calendar quarter.” and inserting in lieu thereof the following:

Appears in 1 contract

Samples: Second Loan Modification Agreement (Network Engines Inc)

Operating Cash Flow. Operating Cash Flow of at least (i) One Million Five Hundred Thousand Dollars ($1,500,000.002,000,000.00) for the quarter ending as of December 31, 20072009, (ii) Five Hundred Thousand Dollars ($500,000.005,000,000.00) for the quarter ending Xxxxx 00as of each of March 31, 0000, (xxx) One Million Five Hundred Thousand Dollars ($1,500,000.00) for the quarter ending 2010 and June 30, 20082010, (iii) ($4,000,000.00) as of September 30, 2010, (iv) ($3,000,000.00) as of December 31, 2010, and (ivv) Two Million Dollars ($2,000,000.00) for the quarter ending September 30, 2008 and as of the last day of each calendar quarter thereafter, the amount that is $1,000,000.00 greater than the required Operating Cash Flow as of the last day of the immediately preceding calendar quarter.

Appears in 1 contract

Samples: Loan and Security Agreement (Network Engines Inc)

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Operating Cash Flow. Operating Cash Flow of at least (i) One Million Five Hundred Thousand Dollars ($1,500,000.00) for the quarter ending December 31, 2007, (ii) Five Hundred Thousand Dollars ($500,000.00) for the quarter ending Xxxxx 00, 0000, (xxx) One Million Five Hundred Thousand Dollars ($1,500,000.00) for the quarter ending June 30, 2008, and (iv) Two Million Dollars ($2,000,000.00) for the quarter ending September 30, 2008 and as of the last day of each quarter thereafter.” and inserting in lieu thereof the following:

Appears in 1 contract

Samples: First Loan Modification Agreement (Network Engines Inc)

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