Quarterly Minimum Revenue Levels Sample Clauses

Quarterly Minimum Revenue Levels. The Borrower and the Operating Subsidiaries will not permit Gross Revenues for any calendar quarter ending on any of the dates set forth on Schedule 10.6 to be less than the amount set forth opposite such date on such Schedule.
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Quarterly Minimum Revenue Levels. Until June 29, 2003, -------------------------------- the Borrower will not permit Gross Revenues, exclusive of any and all revenues attributable to the sale, lease or license of handsets, accessories and other inventory, for any calendar quarter during any of the periods set forth below to be less than the amount set forth opposite such date: Period Minimum Revenue Level ------ --------------------- From the Effective Date through September 30, 2000 $ 3,180,000 From October 1, 2000 through December 31, 2000 $ 4,970,000 From January 1, 2001 through March 31, 2001 $ 10,460,000 From April 1, 2001 through June 30, 2001 $ 14,330,000 From July 1, 2001 through September 30, 2001 $ 16,930,000 From October 1, 2001 through December 31, 2001 $ 20,540,000 From January 1, 2002 through March 31, 2002 $ 26,740,000 From April 1, 2002 through June 30, 2002 $ 30,870,000 From July 1, 2002 through September 30, 2002 $ 34,540,000 From October 1, 2002 through December 31, 2002 $ 38,690,000 From January 1, 2003 through June 29, 2003 $ 42,300,000"
Sample 1
Quarterly Minimum Revenue Levels. The Borrower and --------------------------------- Holdings will not permit Gross Revenues for any of the calendar quarters ending on any of the dates set forth on Column 4 of Schedule 10 to be less -------- ----------- than the amount set forth opposite such date on such Schedule.
Sample 1
Quarterly Minimum Revenue Levels. Not permit Gross Revenues for -------------------------------- any fiscal quarter ending during a period shown below to be less than the amount opposite such period: =================================== Fiscal Quarter Ending Amount ----------------------- ---------- 9/30/98: ***** ----------------------- ---------- 12/31/98: ***** ----------------------- ---------- 3/31/99: ***** ----------------------- ---------- 6/30/99: ***** ----------------------- ---------- 9/30/99: ***** ----------------------- ---------- 12/31/99: ***** ----------------------- ---------- 3/31/00: ***** ----------------------- ---------- 6/30/00: ***** ----------------------- ---------- -------------------------------------------------------------------------------- ***** Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. =================================== Fiscal Quarter Ending ______ ----------------------- ---------- 9/30/00: ***** ----------------------- ---------- 12/31/00: ***** ----------------------- ---------- 3/31/01: ***** ----------------------- ---------- 6/30/01: ***** ----------------------- ---------- 9/30/01: ***** ----------------------- ---------- 12/31/01: ***** ----------------------- ---------- 3/31/02: ***** ----------------------- ---------- 6/30/02: ***** ----------------------- ---------- 9/30/02: ***** ----------------------- ---------- 12/31/02: ***** ----------------------- ---------- 3/31/03: ***** ----------------------- ---------- 6/30/03: ***** ----------------------- ---------- 9/30/03: ***** ----------------------- ---------- 12/31/03: ***** ----------------------- ---------- 3/31/04: ***** ----------------------- ---------- 6/30/04: ***** ----------------------- ---------- 9/30/04: ***** ----------------------- ---------- 12/31/04: ***** ----------------------- ---------- 3/31/05: ***** ----------------------- ---------- 6/30/05 and 9/30/05: ***** ----------------------- ---------- 12/31/05: ***** ----------------------- ---------- 3/31/06 ***** ===================================
Sample 1
Quarterly Minimum Revenue Levels. The Borrower and NCH will not permit Gross Revenues of the Borrower and its Consolidated Subsidiaries for any fiscal quarter as of the last day of any fiscal quarter during the periods set forth below, to be less than the correlative amount indicated:
Sample 1
Quarterly Minimum Revenue Levels. The Borrower and NCH will not permit Gross Revenues of NCH and its Consolidated Subsidiaries for any of the calendar quarters ending on any of the dates set forth on Schedule 9.16(e) to be less than the amount set forth opposite such date on such Schedule.
Sample 1
Quarterly Minimum Revenue Levels. The Borrower and NCH will not permit Gross Revenues of the Borrower and its Consolidated Subsidiaries for any fiscal quarter as of the last day of such fiscal quarter set forth below, beginning with the fiscal quarter ending June 30, 2000, to be less than the correlative amount indicated: ================================================ FISCAL QUARTER MINIMUM GROSS REVENUES ------------------------------------------------ 06/30/00 $10,300,000 ------------------------------------------------ 09/30/00 $14,100,000 ------------------------------------------------ 12/31/00 $18,200,000 ------------------------------------------------ 03/31/01 $23,700,000 ------------------------------------------------ 06/30/01 $30,200,000 ------------------------------------------------ 09/30/01 $37,600,000 ------------------------------------------------ 12/31/01 $45,600,000 ------------------------------------------------ 03/31/02 $54,400,000 ------------------------------------------------ 06/30/02 $63,700,000 ------------------------------------------------ 09/30/02 $72,900,000 ================================================
Sample 1
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Related to Quarterly Minimum Revenue Levels

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

  • Adjustment of Minimum Quarterly Distribution and Target Distribution Levels (a) The Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution, Third Target Distribution, Common Unit Arrearages and Cumulative Common Unit Arrearages shall be proportionately adjusted in the event of any distribution, combination or subdivision (whether effected by a distribution payable in Units or otherwise) of Units or other Partnership Securities in accordance with Section 5.10. In the event of a distribution of Available Cash that is deemed to be from Capital Surplus, the then applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, shall be adjusted proportionately downward to equal the product obtained by multiplying the otherwise applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, as the case may be, by a fraction of which the numerator is the Unrecovered Capital of the Common Units immediately after giving effect to such distribution and of which the denominator is the Unrecovered Capital of the Common Units immediately prior to giving effect to such distribution.

  • Minimum EBITDA Section 9.23(c) of the Loan Agreement is hereby deleted in its entirety and replaced with the following:

  • Minimum Adjusted EBITDA As of any date of determination from and after April 1, 2008, if Borrowers do not have Net Debt in an amount less than $4,000,000 at all times during the most recently completed fiscal quarter, then Borrowers shall not fail to achieve Adjusted EBITDA, measured on a quarter-end basis, of at least the required amount set forth in the following table for the applicable period set forth opposite thereto (and the failure to do so shall be deemed an Event of Default): Applicable Amount Applicable Period $(1,234,000) For the 3 month period ending March 31, 2008 $(1,246,000) For the 6 month period ending June 30, 2008 $(200,000) For the 9 month period ending September 30, 2008 $(839,000) For the 12 month period ending December 31, 2008 $(750,000) For the 12 month period ending March 31, 2009 17 Applicable Amount Applicable Period $(500,000) For the 12 month period ending June 30, 2009 $(150,000) For the 12 month period ending September 30, 2009 $150,000 For the 12 month period ending December 31, 2009 $350,000 For the 12 month period ending March 31, 2010 $550,000 For the 12 month period ending June 30, 2010 $750,000 For the 12 month period ending September 30, 2010 $950,000 For the 12 month period ending December 31, 2010 and for each 12 month period ending as of the last day of each fiscal quarter thereafter

  • Fiscal Year; Fiscal Quarter The Borrower shall not change its fiscal year or any of its fiscal quarters, without the Administrative Agent’s prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed.

  • Quarterly Bonus The Employee shall be eligible to be paid a quarterly bonus earned in accordance with the terms set forth on Exhibit 3.2.

  • 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.

  • Minimum Consolidated EBITDA The Borrower will not permit Modified Consolidated EBITDA, for any Test Period ending at the end of any fiscal quarter of the Borrower set forth below, to be less than the amount set forth opposite such fiscal quarter: Fiscal Quarter Amount September 30, 1997 $36,000,000 December 31, 1997 $36,000,000 March 31, 1998 $36,000,000 June 30, 1998 $37,000,000 September 30, 1998 $37,000,000 December 31, 1998 $38,000,000 March 31, 1999 $38,000,000 June 30, 1999 $39,000,000 September 30, 1999 $40,000,000 December 31, 1999 $41,000,000 March 31, 2000 $41,000,000 June 30, 2000 $42,000,000 September 30, 2000 $43,000,000 December 31, 2000 $44,000,000 March 31, 2001 $44,000,000 June 30, 2001 $45,000,000 September 30, 2001 $46,000,000 December 31, 2001 $47,000,000 March 31, 2002 $47,000,000

  • Maximum Leverage Permit, as of any fiscal quarter end, the ratio of (a) Adjusted Portfolio Equity as of such fiscal quarter end to (b) Funded Debt as of such fiscal quarter end, to be less than 5.00 to 1.00.

  • End of Fiscal Years; Fiscal Quarters The Borrower will cause (i) each of its fiscal years to end on December 31 of each year and (ii) its fiscal quarters to end on March 31, June 30, September 30 and December 31, respectively, of each year.

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