Minimum Total Revenue Sample Clauses

Minimum Total Revenue. As of the end of the fiscal quarter ended March 31, 2022 and each fiscal quarter thereafter, the Obligors shall maintain, on a consolidated basis, Total Revenue for the twelve (12) month period most recently ended on such date of not less than the amount set forth in the table below: Twelve-Month Period Ended Minimum Total Revenue March 31, 2022 $16,797,000 June 30, 2022 $18,256,000 September 30, 2022 $21,722,000 December 31, 2022 $26,545,000 March 31, 2023 $30,179,000 June 30, 2023 $35,221,000 September 30, 2023 $40,649,000 December 31, 2023 $46,660,000 March 31, 2024 $51,615,000 June 30, 2024 $57,102,000 September 30, 2024 $63,486,000 December 31, 2024 $71,575,000
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Minimum Total Revenue. The Company will rot permit Total Revenue to be less than the following respective amounts for the following respective periods: "Period Minimum Amount ------- -------------- January 1, 1999 through December 31, 1999 $ 142,500,000 January 1, 2000 through March 31, 2000 $ 40,200,000 January 1, 2000 through June 30, 2000 $ 84,600,060 January 1, 2000 through September 30, 2000 $ 131,500,000 January 1, 2000 through December 31, 2000 $ 188,600,000"
Sample 1
Minimum Total Revenue. As of the end of the fiscal quarter ended March 31, 2022 and each fiscal quarter thereafter, the Obligors shall maintain, on a consolidated basis, Total Revenue for the twelve (12) month period most recently ended on such date of not less than the amount set forth in the table below: Twelve-Month Period Ended Minimum Total Revenue -62- Twelve-Month Period Ended Minimum Total Revenue March 31, 2022 $16,797,000 June 30, 2022 $18,256,000 September 30, 2022 $21,722,000 December 31, 2022 $26,545,000 March 31, 2023 $30,179,000 June 30, 2023 $35,221,000 September 30, 2023 $40,649,000 December 31, 2023 $46,660,000 March 31, 2024 $51,615,000 June 30, 2024 $57,102,000 September 30, 2024 $63,486,000 December 31, 2024 $71,575,000 March 31, 2025 $85,526,000 June 30, 2025 $92,295,000 September 30, 2025 $99,058,000 December 31, 2025 $106,016,000 Section 8.16. Maintenance of Material Agreements, Intellectual Property, Etc. Such Obligor will, and will cause each of its Subsidiaries (to the extent applicable) to: (i) maintain in full force and effect for the term thereof all Material Agreements, or other rights necessary for the current operations of such Obligor’s or such Subsidiary’s business, as the case may be and (ii) maintain in full force and effect all Material Intellectual Property owned or controlled by such Obligor or any such Subsidiary that is used in and necessary for the current operations of such Obligor’s or such Subsidiary’s business, as the case may be; provided that Borrower may terminate the Supply Agreement in accordance with its terms if such termination would not be reasonably expected to adversely affect the Lenders in any material respect.
Sample 1
Minimum Total Revenue. The Borrowers shall not permit Total Revenue as of the last day of any fiscal quarter of Parent to be less than (a) the amounts set forth in the table below (as determined for the four fiscal quarter period ending on the date corresponding to such amount) plus (b) the aggregate Total Revenue Adjustment Amounts for all Acquisitions since the Closing Date: Four Fiscal Quarters Ending Date Minimum Total Revenue December 31, 2022 $255,000,000 March 31, 2023 $265,000,000 June 30, 2023 $275,000,000 September 30, 2023 $280,000,000 December 31, 2023 $285,000,000 March 31, 2024 $295,000,000 June 30, 2024 $305,000,000 September 30, 2024 $315,000,000 December 31, 2024 $325,000,000 March 31, 2025 $330,000,000 June 30, 2025 $340,000,000 September 30, 2025 $345,000,000 December 31, 2025 $350,000,000 March 31, 2026 $355,000,000 June 30, 2026 $365,000,000 September 30, 2026 $380,000,000 December 31, 2026 $390,000,000 March 31, 2027 $400,000,000 June 30, 2027 $410,000,000 September 30, 2027 $420,000,000 December 31, 2027 $430,000,000
Sample 1
Minimum Total Revenue. A. Total Revenue (means, with respect to the Borrower and its Subsidiaries, all amounts in the Ordinary Course of Business that are or have been classified as net consolidated revenue, determined in accordance with GAAP and reported in its publicly filed statements with the SEC on form 10-K or 10-Q, as applicable) for the four (4) consecutive fiscal quarters ended on the Calculation Date corresponding with end of the [fiscal quarter/fiscal year] for which this Compliance Certificate is being delivered: $___________
Sample 1
Minimum Total Revenue. Permit Total Revenues as of the last day of each calendar month for the three month period then ended to be less than ninety percent (90%) of the Total Revenue set forth in the Adjusted Budget for such three (3) month period.
Sample 1
Minimum Total Revenue. Permit the Total Revenue of Holdco and its Subsidiaries to be less than the required amount set forth in the following table for the applicable period set forth opposite thereto on Schedule 7.17.
Sample 1
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Related to Minimum Total Revenue

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

  • 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 Net Income The Borrower will maintain, during each period described below, its Net Income, determined as at the end of each quarter, at an amount not less than the amount set forth opposite such period (numbers appearing between “( )” are negative): Period Minimum Net Income Six months ending June 30, 2002 ($1,049,000) Nine months ending Sept. 30, 2002 ($665,000) Twelve months ending Dec. 31, 2002 ($600,000) "

  • 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

  • Maximum Annual Operating Expense Limit The Maximum Annual Operating Expense Limit with respect to each Fund shall be the amount specified in Schedule A based on a percentage of the average daily net assets of each Fund.

  • Minimum Cash A. Minimum daily balance of cash and Permitted Cash Equivalent Investments of Borrower and its Subsidiaries during the most recently ended fiscal quarter of Borrower: $

  • Minimum Net Worth The Borrower will at all times maintain Consolidated Net Worth of not less than the sum of (i) $176,177,600 plus (ii) 50% of Consolidated Net Income earned in each fiscal quarter beginning with the quarter ending September 30, 2000 (without deduction for losses) plus (iii) the amount of any addition to the consolidated shareholders' equity of the Borrower and its Subsidiaries at any time resulting from the issuance or sale of any capital stock or other equity interests by the Borrower after the date of this Agreement.

  • Gross Sales Notwithstanding anything in the Lease to the contrary the definition of Gross Sales shall be as follows:

  • Minimum Annual Royalties Company shall pay to JHU minimum annual royalties as set forth in Exhibit A. These minimum annual royalties shall be due, without invoice from JHU, within thirty (30) days of each anniversary of the EFFECTIVE DATE beginning with the first anniversary. Running royalties and sublicense consideration accrued under Paragraphs 3.3 and 3.4, respectively, and paid to JHU during the one year period preceding an anniversary of the EFFECTIVE DATE shall be credited against the minimum annual royalties due on that anniversary date.

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