FUTURE PERIODS definition

FUTURE PERIODS is defined in Section 5.4(b)(iii)(A).
View Source
FUTURE PERIODS. For future periods not covered by the above table, the thresholds shall be set by PFG in consultation with Borrower based on its then-current Plan, but in no event (for each measurement period) less than the immediately prior measurement period. For instance, the minimum EBITDA threshold for January 2018 would be as set, but in no event less than $1,750,000, and for March 2018 (for Revenues) would be as set but in no event less than $30,000,000.
View Source

Examples of FUTURE PERIODS in a sentence

  • THESE FORWARD-LOOKING STATEMENTS MAY BE IDENTIFIED BY REFERENCE TO A FUTURE PERIOD(S) OR BY THE USE OF FORWARD-LOOKING TERMINOLOGY.

  • FORWARD-LOOKING STATEMENTS INVOLVE KNOWN AND UNKNOWN RISKS AND UNCERTAINTIES, WHICH MAY CAUSE THE COMPANY'S ACTUAL RESULTS IN FUTURE PERIODS TO DIFFER MATERIALLY FROM FORECASTED OR EXPECTED RESULTS.

  • Compliance shall be determined as of the end of each measurement period, except as otherwise specifically provided below: Revenue: Borrower shall meet or exceed quarterly Recurring Revenue (as defined in Section 7) of not less that the amounts set forth below for the periods indicated, measured on a calendar quarterly basis: FUTURE PERIODS TO BE MUTUALLY AGREED BETWEEN PFG AND BORROWER BASED ON BORROWER'S THEN CURRENT PLAN BUT NOT BELOW PRIOR YEAR PERIOD THRESHOLDS.

  • ANY ADDITIONAL AMOUNTS PAYABLE ----------------------------- PURSUANT TO THIS SECTION SHALL BE PAYABLE, IN THE CASE OF THOSE APPLICABLE TO PRIOR PERIODS, WITHIN 15 DAYS AFTER REQUEST BY BANK ONE FOR SUCH PAYMENT AND, IN THE CASE OF THOSE APPLICABLE TO FUTURE PERIODS, ON THE DATES SPECIFIED, OR DETERMINED IN ACCORDANCE WITH A METHOD SPECIFIED, BY BANK ONE.

  • THIS BONUS PLAN IS EFFECTIVE FOR THE CALENDAR YEAR 1994 ONLY, AND THE COMPANY RESERVES THE RIGHT TO ELIMINATE OR CHANGE THE BONUS PROGRAM FOR FUTURE PERIODS.

  • SUCH FINANCIAL PROJECTIONS NECESSARILY INVOLVE KNOWN AND UNKNOWN RISKS AND UNCERTAINTIES, WHICH MAY CAUSE ACTUAL PERFORMANCE AND FINANCIAL RESULTS IN FUTURE PERIODS TO DIFFER MATERIALLY FROM ANY PROJECTIONS OF FUTURE PERFORMANCE OR RESULT EXPRESSED OR IMPLIED BY SUCH FINANCIAL PROJECTIONS.

Related to FUTURE PERIODS

  • Offering Periods means the periods of approximately ---------------- twenty-four (24) months during which an option granted pursuant to the Plan may be exercised, commencing on the first Trading Day on or after May 1 and November 1 of each year and terminating on the last Trading Day in the periods ending twenty-four months later; provided, however, that the first Offering Period under the Plan shall commence with the first Trading Day on or after the date on which the Securities and Exchange Commission declares the Company's Registration Statement effective and ending on the last Trading Day on or before April 30, 2002. The duration and timing of Offering Periods may be changed pursuant to Section 4 of this Plan.

  • Pre-Closing Periods means any taxable period ending on or before the Closing Date.

  • Additional Term means that term commencing on the last day of the Basic Term and terminating one (1) year thereafter.

  • Dividend Periods means the Initial Dividend Period and each subsequent quarterly dividend period commencing on and including January 1, April 1, July 1 and October 1 of each year and ending on and including the day preceding the first day of the next succeeding Dividend Period, other than the Dividend Period during which any Class B Preferred Stock shall be redeemed pursuant to Section 5 hereof, which shall end on and include the Call Date with respect to the Class B Preferred Stock being redeemed.

  • Renewal Period the period described in clause 13.1.