Common use of Recurring Revenue Clause in Contracts

Recurring Revenue. During a Covenant Testing Period, permit the RR Growth Rate for any trailing 4 fiscal quarter period ending on the last day of each fiscal quarter of the Borrower to be less than 20%.

Appears in 1 contract

Sources: Credit Agreement (Yext, Inc.)

Recurring Revenue. During a Covenant Testing Period, permit the RR Growth Rate for any trailing 4 fiscal quarter period ending on the last day of each fiscal quarter of the Borrower to be less than 20205%.

Appears in 1 contract

Sources: Credit Agreement (Yext, Inc.)

Recurring Revenue. During a Covenant Testing Period, permit the RR Growth Rate for any trailing 4 fiscal quarter period ending on the last day of each fiscal quarter of the Borrower to be less than 205%.

Appears in 1 contract

Sources: Credit Agreement (Yext, Inc.)