Anything less than that is not acceptable.
Varooj,
That's why I sent two holders back to you for inspection, repair/replacement. Two of my battery holders worked great, but the two I sent back did not drive the bulb at all. I have no volt-meter, but it doesn't take a volt-meter to know that these two holders were not putting out the voltage.
K-2, I had a problem with 1 holder not conducting my AW's also, but it did turn out to be the contacts were dirty or coated with some type of oxidation.
Initially I scraped the surfaces with an Xacto knife blade which worked, but then found the Craig Deoxit & GoldPro contacts cleaners that are carried at Radio Shack. They cleaned off a bunch of what appeared to be oxidized residue on the contact points, and the Pro-Gold then coats it to protect for a long time.
Some of the residue was also on the battery terminals which I also cleaned and coated. I treated the inside/outside contact surfaces, and both sides of the larger screw on ends. I was left with a pretty dirty rag after cleaning up two of the 9 x 150s 1300 lumen, and one of the 3 x 168s 700 lumen Mag lites.
Now they all work perfectly, and are even a bit brighter than before.