Minimum Bookings Sample Clauses

Minimum Bookings. As of the last day of each quarter set forth below, achieve Bookings, of not less than the following amounts: Period Minimum Bookings January 1, 2008 through March 31, 2008 $15,000,000.00 April 1, 2008 through June 30, 2008 $17,000,000.00 July 1, 2008 through September 30, 2008 $20,000,000.00 October 1, 2008 through December 31, 2008 $24,000,000.00 During each quarter thereafter 80% of board approved quarterly bookings target
AutoNDA by SimpleDocs
Minimum Bookings. As of the last day of each quarter set forth below, achieve Bookings, of not less than the following amounts: Period Minimum Bookings January 1, 2008 through March 31, 2008 $15,000,000.00 April 1, 2008 through June 30, 2008 $11,900,000.00 July 1, 2008 through September 30, 2008 $14,875,000.00 October 1, 2008 through December 31, 2008 $16,150,000.00 January 1, 2009 through March 31, 2009 $10,200,000.00 In addition, (i) Borrower shall provide Bank with updated operating budgets and financial projections in a form acceptable to Bank in its sole discretion on or before March 15, 2009, and (ii) Borrower and Bank shall use best efforts to mutually agree upon a Minimum Bookings covenant for the remainder of Borrower’s fiscal year ending December 31, 2009; provided, however, in the event that Borrower and Bank do not agree in writing to same on or before March 31, 2009, then, notwithstanding anything to the contrary in this Agreement, all Obligations shall be due and payable in full on such date. The foregoing shall not be construed in any way as an agreement on behalf of Bank to extend the Revolving Line Maturity Date. Notwithstanding the foregoing, no provision of this Section 6.9(a) shall constitute an agreement by Bank to extend the Revolving Line Maturity Date.”
Minimum Bookings. At all times in which any Obligations in respect of the Revolving Line remain outstanding or Bank has any obligation to lend under the Revolving Line, consummate new contracts having a year-to-date projected gross value, as determined by Bank, of not less than the following amounts for each of the following periods (as measured on the last day of the applicable fiscal quarter): Period Minimum Bookings 3-month period ending September 30, 2011 $9,600,000 6-month period ending December 31, 2011 $20,800,000 3-month period ending March 31, 2012 * 6-month period ending June 30, 2012 * 9-month period ending September 30, 2012 * 12-month period ending December 31, 2012, and each applicable period ending on each fiscal quarter thereafter * * The minimum bookings requirement for each applicable cumulative period ending on the last day of each fiscal quarter shall be determined by Bank based on Borrower’s board-approved plan for such fiscal year delivered in accordance with Section 6.2, such covenant to be set in a manner (but not in amounts) consistent with the 2011 covenant.
Minimum Bookings. Consummate new contracts during each such quarter having a Total Contract Value of not less than the following amounts: Period Minimum Bookings Effective Date through March 31, 2009 $ 5,000,000 April 1, 2009 through June 30, 2009 $ 6,000,000 July 1, 2009 through September 30, 2009 $ 7,000,000 October 1, 2009 through December 31, 2009 $ 8,500,000
Minimum Bookings. If there occurs a Bookings Shortfall of more than 10% by Decolar in three (3) consecutive months or in any three (3) months within a six (6)-month period.
Minimum Bookings. Except as set forth on Schedule 2.1.4(a), only with respect to the Expedia Territory, commencing on April 1, 2015 and for each quarter during the Term, Decolar and its Affiliates shall, and shall cause the Decolar Platform and all Decolar Travel Solutions to, book Expedia Travel Products (other than Travel Products in the Decolar Territory) for no less than the Minimum Bookings Percentage (the “Decolar Bookings Percentage”). Decolar or an Affiliate of Decolar will act as the Merchant of Record on all Expedia-Sourced Travel Bookings with respect to non-refundable and other pay-in-advance bookings of Travel Products, where applicable, that are supplied by Expedia or its Affiliates pursuant to this Agreement, except for such Expedia-Sourced Travel Bookings for which Expedia and Decolar agree by virtue of using certain booking channels that Expedia or its Affiliate shall serve as the Merchant of Record, which, to the extent such Expedia-Sourced Travel Bookings are for properties in the Expedia Territory, shall be included in the calculation of the Decolar Bookings Percentage.
Minimum Bookings. SVV shall book and operate a minimum of fifty (52) EVENTS, not including CITY EVENTS per calendar year at the PACC AUDITORIUM. SVV shall make best efforts to book and operate one hundred and four (104) shows per calendar year. SVV EVENTS will consistently include acts that appeal to a broad spectrum of the community.
AutoNDA by SimpleDocs
Minimum Bookings. The following minimum booking increments apply:
Minimum Bookings. Following an Election Notice or such other time as the Minimum Bookings Percentage is [***] and for each quarter during the Term, Decolar and its Affiliates shall, and shall cause the Decolar Platform and all Decolar Travel Solutions to, book Expedia Travel Products (other than Travel Products in the Decolar Territory) for no less than the Minimum Bookings Percentage (the “Decolar Bookings Percentage”). Decolar or an Affiliate of Decolar will act as the Merchant of Record on all Expedia-Sourced Travel Bookings with respect to non-refundable and other pay-in-advance bookings of Travel Products, where applicable, that are supplied by Expedia or its Affiliates pursuant to this Agreement, except for such Expedia-Sourced Travel Bookings for which Expedia and Decolar agree by virtue of using certain booking channels that Expedia or its Affiliate shall serve as the Merchant of Record, which, to the extent such Expedia-Sourced Travel Bookings are for properties in the Expedia Territory, shall be included in the calculation of the Decolar Bookings Percentage.
Minimum Bookings. Tested quarterly, Bookings of at least: (i) Seven Million Dollars ($7,000,000.00) for the quarter ending June 30, 2005, (ii) Seven Million Five Hundred Thousand Dollars ($7,500,000.00) for the quarter ending September 30, 2005, (iii) Ten Million Five Hundred Thousand Dollars ($10,500,000.00) for the quarter ending December 31, 2005, and (iv) thereafter, to be mutually agreed upon in writing by the Borrower and Bank no later than December 31, 2005, however, it shall be an Event of Default hereunder, if the Borrower and Bank do not agree in writing to same on or before December 31, 2005.”
Time is Money Join Law Insider Premium to draft better contracts faster.