Common use of Consolidated Adjusted EBITDA Clause in Contracts

Consolidated Adjusted EBITDA. Holdings shall not permit Consolidated Adjusted EBITDA as at the end of the most-recently-ended Fiscal Month for the trailing twelve-month period then ended (or in the case of any period ended on or prior to May 2, 2009, for the period from May 4, 2008 through the date of determination) to be less than the correlative amount indicated below:

Appears in 2 contracts

Samples: Credit Agreement (Handleman Co /Mi/), Credit and Guaranty Agreement (Handleman Co /Mi/)

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Consolidated Adjusted EBITDA. Holdings shall not permit Consolidated Adjusted EBITDA as at the end of any Fiscal Month, beginning with the most-recently-ended Fiscal Month ending on or about June 30, 2008, for the trailing twelve-month period then ended (or in the case of any period ended on or prior to May 2, 2009, for the period from May 4, 2008 through the date of determination) to be less than an amount to be agreed between Credit Parties and Agent based upon the correlative Projections required to be delivered to Agent pursuant to Section 5.23; provided that in any event, such agreed minimum Consolidated Adjusted EBITDA amount indicated below:must be approved by Requisite Lenders.

Appears in 1 contract

Samples: Credit Agreement (Handleman Co /Mi/)

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Consolidated Adjusted EBITDA. Holdings shall not permit Consolidated Adjusted EBITDA as at the end of any Fiscal Month, beginning with the most-recently-ended Fiscal Month ending on or about June 30, 2008, for the trailing twelve-month period then ended (or in the case of any period ended on or prior to May 2, 2009, for the period from May 4, 2008 through the date of determination) to be less than an amount to be agreed between Credit Parties and Administrative Agent based upon the correlative Projections required to be delivered to Agents pursuant to Section 5.23; provided that in any event, such agreed minimum Consolidated Adjusted EBITDA amount indicated below:must be approved by Requisite Lenders.”

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Handleman Co /Mi/)

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