Sales Criteria definition

Sales Criteria means amounts received by Enterprise from Radiant from Radiant’s resale of Software licenses and subscriptions to Customers that in the case of each of the third year of the Initial Term and the First Renewal Term (as defined in Section 23.1), equals or exceeds $2 million. For purposes of this definition, the “amounts received by Enterprise” with respect to a Software subscription shall equal the total non-contingent amounts to be received by Enterprise for such Software subscription during the initial term of the applicable Software License Agreement (but which is not for purposes of this calculation to exceed five years). For the avoidance of doubt, amounts received by Enterprise as a result of performing Legacy Services or other services shall not be included in determining Sales Criteria.
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Examples of Sales Criteria in a sentence

  • Subject to Section 23.4, this Agreement shall automatically renew for one additional one-year term (the “Second Renewal Term”) if, during the First Renewal Term, Radiant meets the Sales Criteria during such First Renewal Term.

  • Subject to Section 23.4, this Agreement shall automatically renew for a one-year term (the “First Renewal Term”) if, during the last year of the Initial Term, Radiant meets the Sales Criteria.

  • All loan files relating to Loans purchased by Buyer shall contain the authorization to share information described in the Sales Criteria signed by the Obligor(s).

  • All material documents executed and/or delivered in connection with the offering or solicitation of potential Loans or otherwise evidencing, governing, securing or otherwise executed and/or delivered in connection with any such Loans shall be in accordance with the Sales Criteria and shall be subject to the prior written approval of the Buyer except those documents prepared in accordance with FNMA or FHMLC Guidelines which are to be approved by Buyer in advance.

  • Seller shall, upon reasonable notice from Buyer, provide Buyer with access to Seller’s operations, records, and documentation to determine Seller’s compliance and monitoring with representations, warranties and covenants made by Seller herein and with the Sales Criteria.

  • So long as Buyer has not notified Seller that it no longer intends to purchase Loans from Seller as provided for herein above, Buyer or its agent shall have an obligation to review, underwrite and approve or disapprove those Loans that Seller presents to Buyer and that Seller proposes to sell to Buyer pursuant to this Agreement to the extent that such Loans meet the Sales Criteria.

  • The initial Sales Criteria agreed to by Seller and ▇▇▇▇▇ are attached to this Agreement as Exhibit C and constitute the currently approved standards for underwriting potential borrowers and the types of loans that may be offered to such borrowers based upon the various factors set forth in such Sales Criteria.

  • A casualty insurance replacement policy on the Mortgaged Property is in effect and meets the requirements set forth in the Sales Criteria.

  • For payment-related questions contact e ▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇.▇▇▇ Within 90 days post campaign end Thresholds Minimum threshold: A partner must earn a minimum of $1,000 to qualify for an $1,000 per Customer for meeting the Sales Criteria.

  • Seller has not made, or knowingly received from others, any direct or indirect advance of funds in connection with the Loan on behalf of the Obligor, except as provided in the Sales Criteria.