Revenue Base. (i) At all times (x) on or prior to June 30, 2020 and (y) after January 1, 2023, the Revenue Base of Holdings, the Borrower and its Subsidiaries, on a consolidated basis, for the most recently ended period of twelve consecutive months, shall not be less than €115,000,000.
Revenue Base. The Lender shall be satisfied in its reasonable discretion that the Revenue Base for the twelve full calendar months prior to the Delayed Draw Closing Date was at least $25,000,000.
Revenue Base. The Lender shall be satisfied that the Revenue Base for the six full calendar months immediately prior to the Delayed Draw Closing Date was at least $7,500,000.
Revenue Base. The Revenue Base for any Fiscal Quarter shall not be less than €7,500,000, except that in respect of the first Fiscal Quarter ending in 2014 the Revenue Base shall not be less than €7,000,000.
Revenue Base. Currently, contributions to the TRS Fund are assessed based on ‘‘interstate end-user telecommunications revenues.’’ The NPRM proposes to require non- interconnected VoIP service providers to report their interstate end-user revenues as ‘‘telecommunications revenues’’ on the FCC Form 499–A, for the limited purpose of determining required TRS Fund contributions, and to contribute to the TRS Fund. Requiring providers of non- interconnected VoIP services to report interstate end-user revenues as ‘‘telecommunications revenues’’ would be consistent with how interconnected VoIP providers have been reporting assessable revenues on the FCC Form 499–A.
Revenue Base. (a) The Lenders shall be satisfied that the Revenue Base for the six most recent full calendar months for which financial statements have been delivered pursuant to Section 7.1(a) immediately prior to the First Delayed Draw Closing Date was at least $10,000,000, and the Borrower shall have complied with the requirements of Section 7.1(a).
Revenue Base. The Lender shall be satisfied that the Revenue Base for the three full calendar months prior to the Delayed Draw Closing Date was at least $12,500,000 and the Revenue Base for the six full calendar months prior to the Delayed Draw Closing Date was at least $25,000,000.
Revenue Base. At all times, the Revenue Base of Holdings, the Borrower and its Subsidiaries, on a consolidated basis, for the most recently ended period of twelve consecutive months, shall not be less than €115,000,000.
