Consolidated Adjusted EBITDA. Holdings shall not permit Consolidated Adjusted EBITDA as at the end of any Fiscal Quarter, beginning with the Fiscal Quarter ending March 31, 2017, for the four Fiscal Quarter period then ended to be less than the correlative amount indicated: Fiscal Quarter Consolidated Adjusted EBITDA March 31, 2017 $ 13,250,000 June 30, 2017 $ 13,250,000 September 30, 2017 $ 13,250,000 December 31, 2017 $ 13,250,000 March 31, 2018 $ 13,500,000 June 30, 2018 $ 13,500,000 September 30, 2018 $ 14,000,000 December 31, 2018 $ 14,000,000 March 31, 2019 $ 14,500,000 June 30, 2019 $ 14,500,000 September 30, 2019 $ 15,000,000 December 31, 2019 $ 15,000,000 March 31, 2020 $ 15,000,000 June 30, 2020 $ 15,000,000 September 30, 2020 and each Fiscal Quarter ending thereafter $ 15,000,000
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Samples: Credit and Guaranty Agreement (Meridian Waste Solutions, Inc.)
Consolidated Adjusted EBITDA. Holdings shall not permit Consolidated Adjusted EBITDA as at the end of any Fiscal Quarter, beginning with the Fiscal Quarter ending March 31January 2, 20172011, for the four four-Fiscal Quarter period then ended to be less than the correlative amount indicated: Fiscal Quarter Consolidated Adjusted EBITDA January 2, 2011 $ 23,750,000 April 3, 2011 $ 23,500,000 July 3, 2011 $ 23,500,000 October 2, 2011 $ 23,000,000 January 1, 2012 $ 23,000,000 April 1, 2012 $ 24,000,000 July 1, 2012 $ 25,500,000 September 30, 2012 $ 27,000,000 December 30, 2012 $ 29,000,000 March 31, 2017 2013 $ 13,250,000 29,000,000 June 30, 2017 2013 $ 13,250,000 29,000,000 September 29, 2013 $ 29,000,000 December 29, 2013 $ 29,000,000 March 30, 2017 2014 $ 13,250,000 32,000,000 June 29, 2014 $ 32,000,000 September 28, 2014 $ 32,000,000 December 3128, 2017 2014 $ 13,250,000 32,000,000 March 3129, 2018 $ 13,500,000 June 302015, 2018 $ 13,500,000 September 30, 2018 $ 14,000,000 December 31, 2018 $ 14,000,000 March 31, 2019 $ 14,500,000 June 30, 2019 $ 14,500,000 September 30, 2019 $ 15,000,000 December 31, 2019 $ 15,000,000 March 31, 2020 $ 15,000,000 June 30, 2020 $ 15,000,000 September 30, 2020 and each Fiscal Quarter ending thereafter $ 15,000,00034,000,000
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Mortons Restaurant Group Inc)
Consolidated Adjusted EBITDA. Holdings Company shall not permit Consolidated Adjusted EBITDA as at the end of any Fiscal Quarter, beginning with the Fiscal Quarter ending March 31April 30, 20172006, for the four Fiscal Quarter period then ended to be less than the correlative amount indicated: Fiscal Quarter Consolidated Adjusted CONSOLIDATED FISCAL QUARTER ADJUSTED EBITDA March -------------- --------------- April 30, 2006 $13,100,000 July 31, 2017 $ 13,250,000 June 2006 $14,900,000 October 31, 2006 $17,500,000 January 31, 2007 $20,400,000 April 30, 2017 $ 13,250,000 September 2007 $22,400,000 July 31, 2007 $23,100,000 October 31, 2007 $23,300,000 January 31, 2008 $23,600,000 April 30, 2017 $ 13,250,000 December 2008 $23,800,000 July 31, 2017 $ 13,250,000 March 2008 $24,100,000 October 31, 2018 $ 13,500,000 June 2008 $24,900,000 January 31, 2009 $25,500,000 April 30, 2018 $ 13,500,000 September 30, 2018 $ 14,000,000 December 2009 $25,900,000 On July 31, 2018 $ 14,000,000 March 31, 2019 $ 14,500,000 June 30, 2019 $ 14,500,000 September 30, 2019 $ 15,000,000 December 31, 2019 $ 15,000,000 March 31, 2020 $ 15,000,000 June 30, 2020 $ 15,000,000 September 30, 2020 2009 and at $26,000,000 the end of each Fiscal Quarter ending thereafter $ 15,000,000thereafter
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Consolidated Adjusted EBITDA. Holdings shall not permit Consolidated Adjusted EBITDA as at the end of any Fiscal Quarter, beginning with the Fiscal Quarter ending March 31, 20172016, for the four Fiscal Quarter period then ended to be less than the correlative amount indicated: Fiscal Quarter Consolidated Adjusted EBITDA March 31, 2016 $8,000,000 June 30, 2016 $8,000,000 September 30, 2016 $8,000,000 December 31, 2016 $8,000,000 March 31, 2017 $ 13,250,000 $8,500,000 June 30, 2017 $ 13,250,000 $8,500,000 September 30, 2017 $ 13,250,000 $8,750,000 December 31, 2017 $ 13,250,000 $8,750,000 March 31, 2018 $ 13,500,000 $9,000,000 June 30, 2018 $ 13,500,000 $9,000,000 September 30, 2018 $ 14,000,000 $9,250,000 December 31, 2018 $ 14,000,000 $9,250,000 March 31, 2019 $ 14,500,000 June 30, 2019 $ 14,500,000 September 30, 2019 $ 15,000,000 December 31, 2019 $ 15,000,000 March 31, 2020 $ 15,000,000 June 30, 2020 $ 15,000,000 September 30, 2020 and each Fiscal Quarter ending thereafter $ 15,000,000$9,500,000
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Meridian Waste Solutions, Inc.)
Consolidated Adjusted EBITDA. Holdings (i) The Borrowers shall not permit the Consolidated Adjusted EBITDA as at the end of for any Fiscal QuarterThree Month Measurement Period ending during any fiscal month, beginning commencing with the Fiscal Quarter month ending March October 31, 20172008 and ending with the month ending December 31, for the four Fiscal Quarter period then ended 2010, to be less than the correlative amount indicatedset forth below opposite such Three Month Measurement Period ending date: Fiscal Quarter Consolidated Adjusted EBITDA October 31, 2008 $ (600,000 ) November 30, 2008 $ 100,000 December 31, 2008 $ 100,000 January 31, 2009 $ 100,000 February 28, 2009 $ 100,000 March 31, 2017 2009 $ 13,250,000 100,000 April 30, 2009 $ 100,000 May 31, 2009 $ 250,000 June 30, 2017 2009 $ 13,250,000 250,000 July 31, 2009 $ 250,000 August 31, 2009 $ 500,000 September 30, 2017 2009 $ 13,250,000 1,000,000 October 31, 2009 $ 2,500,000 November 30, 2009 $ 2,500,000 For each Three Month Measurement Period ending during any fiscal month commencing with the month ending on December 31, 2017 $ 13,250,000 March 31, 2018 $ 13,500,000 June 2009 to and including the month ending April 30, 2018 2012 $ 13,500,000 September 30, 2018 $ 14,000,000 December 31, 2018 $ 14,000,000 March 31, 2019 $ 14,500,000 June 30, 2019 $ 14,500,000 September 30, 2019 $ 15,000,000 December 31, 2019 $ 15,000,000 March 31, 2020 $ 15,000,000 June 30, 2020 $ 15,000,000 September 30, 2020 and each Fiscal Quarter ending thereafter $ 15,000,0003,000,000
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Consolidated Adjusted EBITDA. Holdings Company shall not permit Consolidated Adjusted EBITDA as at the end of any Fiscal Quarter, beginning with the Fiscal Quarter ending March 31April 30, 20172006, for the four Fiscal Quarter period then ended to be less than the correlative amount indicated: Fiscal Quarter Consolidated Adjusted CONSOLIDATED FISCAL QUARTER ADJUSTED EBITDA March -------------- --------------- April 30, 2006 $13,100,000 July 31, 2017 $ 13,250,000 June 2006 $14,900,000 October 31, 2006 $17,500,000 January 31, 2007 $19,800.000 April 30, 2017 $ 13,250,000 September 2007 $21,400,000 July 31, 2007 $21,800,000 October 31, 2007 $23,300,000 January 31, 2008 $23,600,000 April 30, 2017 $ 13,250,000 December 2008 $23,800,000 July 31, 2017 $ 13,250,000 March 2008 $24,100,000 October 31, 2018 $ 13,500,000 June 2008 $24,900,000 January 31, 2009 $25,500,000 April 30, 2018 $ 13,500,000 September 30, 2018 $ 14,000,000 December 2009 $25,900,000 On July 31, 2018 $ 14,000,000 March 31, 2019 $ 14,500,000 June 30, 2019 $ 14,500,000 September 30, 2019 $ 15,000,000 December 31, 2019 $ 15,000,000 March 31, 2020 $ 15,000,000 June 30, 2020 $ 15,000,000 September 30, 2020 2009 and at the end of each Fiscal Quarter ending thereafter $ 15,000,000$26,000,000
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