Common use of Consolidated EBITDA Clause in Contracts

Consolidated EBITDA. The Administrative Agent shall have received evidence reasonably satisfactory thereto provided by the Credit Parties that Consolidated EBITDA is not less than $25,000,000 after giving effect to the initial borrowings under the Credit Agreement and the consummation of the Transactions for the twelve month period through the last day of the quarter ended at least thirty-one (31) days prior to the Closing Date.

Appears in 3 contracts

Samples: Credit Agreement (Osi Systems Inc), Credit Agreement (Osi Systems Inc), Credit Agreement (Osi Systems Inc)

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Consolidated EBITDA. The Administrative Agent shall have received evidence reasonably satisfactory thereto provided by the Credit Parties that Consolidated EBITDA is not less than $25,000,000 after giving effect to the initial borrowings under the Credit Agreement and the consummation of the Transactions 125,000,000 for the twelve month four consecutive quarter period through the last day ended as of the quarter ended at least thirty-one (31) days prior to the Closing DateSeptember 30, 2005.

Appears in 3 contracts

Samples: Credit Agreement (Belden Inc.), Credit Agreement (Belden Inc.), Credit Agreement (Belden CDT Inc.)

Consolidated EBITDA. The Administrative Agent shall have received evidence reasonably satisfactory thereto provided by the Credit Parties Borrower that Consolidated EBITDA is not less than $25,000,000 after 80,000,000, calculated on a pro forma basis giving effect to the initial borrowings under the Extensions of Credit Agreement and the consummation of transactions to occur on the Transactions Closing Date, for the twelve month period through ending as of the last day of the quarter ended at least thirty-one (31) days prior to month most recently preceding the Closing DateDate for which such statements are available.

Appears in 3 contracts

Samples: Credit Agreement (Nci Building Systems Inc), Credit Agreement (Nci Building Systems Inc), Credit Agreement (Nci Building Systems Inc)

Consolidated EBITDA. The Administrative Agent shall have received evidence reasonably satisfactory thereto provided by the Credit Parties that Consolidated EBITDA is not less than $25,000,000 20,400,000 for the twelve month period ending as of the last day of the month immediately preceding the Closing Date, calculated on a Pro Forma Basis after giving effect to the initial borrowings under the Credit Agreement and the consummation of the Transactions for the twelve month period through the last day of the quarter ended at least thirty-one (31) days prior to the Closing DateTransaction.

Appears in 2 contracts

Samples: Credit Agreement (American Pacific Corp), Credit Agreement (American Pacific Corp)

Consolidated EBITDA. The Administrative Agent shall have received evidence reasonably satisfactory thereto provided by to it that the Credit Parties that Consolidated EBITDA is not less than $25,000,000 of the Borrower and its Subsidiaries for the four fiscal quarters ending immediately prior to the Closing Date, on a pro forma basis, after giving effect to the initial borrowings under the Credit Agreement transactions contemplated hereby and the consummation continuing operations (as contemplated to be conducted as of the Transactions for the twelve month period through the last day of the quarter ended at least thirty-one (31) days prior to the Closing Date), is greater than or equal to $25,500,000, which evidence shall be in accordance with the financial statements referred to in Section 4.1.

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (CKX, Inc.), Revolving Credit Agreement (CKX, Inc.)

Consolidated EBITDA. The Administrative Agent shall have received evidence reasonably satisfactory thereto provided by to it that the Credit Parties that Consolidated EBITDA is not less than $25,000,000 of the Borrower and its Subsidiaries for the four fiscal quarters ending December 31, 2010, on a pro forma basis, after giving effect to the initial borrowings under the Credit Agreement transactions contemplated hereby and the consummation continuing operations (as contemplated to be conducted as of the Transactions for the twelve month period through the last day of the quarter ended at least thirty-one (31) days prior Restatement Date), is greater than or equal to the Closing Date$70,525,000.

Appears in 1 contract

Samples: Credit Agreement (CKX, Inc.)

Consolidated EBITDA. The Administrative Agent shall have received evidence reasonably satisfactory thereto provided by the Credit Parties that (i) Consolidated EBITDA is not less than $25,000,000 23,750,000 and (ii) the Consolidated Leverage Ratio is not greater than 4.15 to 1.0, in each case after giving effect to the initial borrowings under the Credit Agreement and the consummation of the Transactions for the twelve month period through the last day of the quarter ended month ending at least thirty-one twenty (3120) days prior to the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (New Century Transportation, Inc.)

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Consolidated EBITDA. The Administrative Agent shall have received evidence reasonably satisfactory thereto provided by the Credit Parties Borrower that Consolidated EBITDA is not less than $25,000,000 after 37,000,000, calculated in accordance with Regulation S-X and on a pro forma basis giving effect to the initial borrowings under the Extensions of Credit Agreement and the consummation of other transactions to occur on the Transactions Closing Date, for the twelve month period through ending as of the last day of the quarter ended at least thirty-one (31) days prior to month most recently preceding the Closing DateDate for which such statements are available.

Appears in 1 contract

Samples: Credit Agreement (Directed Electronics, Inc.)

Consolidated EBITDA. The Administrative Agent shall have received evidence reasonably satisfactory thereto provided by the Credit Parties Borrower that Consolidated EBITDA is not less than $25,000,000 after 46,000,000, calculated on a pro forma basis giving effect to the initial borrowings under the Extensions of Credit Agreement and the consummation of transactions to occur on the Transactions Closing Date, for the twelve month period through ending as of the last day of the quarter ended at least thirty-one (31) days prior to month immediately preceding the Closing Date.

Appears in 1 contract

Samples: 000 Credit Agreement (Juno Lighting Inc)

Consolidated EBITDA. The Administrative Agent shall have received evidence reasonably satisfactory thereto provided by the Credit Parties that Consolidated EBITDA is not less than $25,000,000 after giving effect to the initial borrowings under the Credit Agreement and the consummation of the Transactions 75,000,000 for the twelve month period through ending as of the last day of the quarter ended at least thirty-one (31) days prior next to last month immediately preceding the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (Pep Boys Manny Moe & Jack)

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