Cumulative Consolidated EBITDA Sample Clauses

Cumulative Consolidated EBITDA. The Borrowers shall not permit Consolidated EBITDA for any period set forth below to be less than the amount set forth opposite such period below: Period Minimum Cumulative ------ ------------------ EBITDA Amount ------------- From January 1, 2002 through September 30, 2002 $ (15,100,000) From January 1, 2002 through December 31, 2002 $ (15,100,000) From April 1, 2002 through March 31, 2003 $ (15,400,000) From July 1, 2002 through June 30, 2003 $ (5,100,000) From October 1, 2002 through September 30, 2003 $ 3,400,000 From January 1, 2003 through December 31, 2003 $ 10,100,000".
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Cumulative Consolidated EBITDA. The Borrower will have Consolidated EBITDA for the periods commencing January 1, 2001 and ending each of the dates specified below in an amount not less than that specified below for such period: FOR THE PERIOD COMMENCING CONSOLIDATED EBITDA SHALL 1/1/01 AND ENDING: NOT BE LESS THAN: ----------------------------------- -------------------------- January 31, 2001 $500,000 February 28, 2001 1,000,000 March 31, 2001 2,300,000 April 30, 2001 3,400,000" (f) Section 6.16 of the Credit Agreement shall be amended in its entirety and as so amended shall read as follows:
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Cumulative Consolidated EBITDA. Permit Consolidated EBITDA of the Parent on a cumulative basis for any period set forth in the table below to be less than the applicable amount corresponding to such fiscal month set forth below:
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Cumulative Consolidated EBITDA. The Borrower will not permit Consolidated EBITDA, for each of the periods set forth below to be less than: For the fiscal quarter ending March 31, 2011 $ 10,000,000 For the two fiscal quarters ending June, 30, 2011 $ 20,000,000 For the three fiscal quarters ending September 30, 2011 $ 30,000,000
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Cumulative Consolidated EBITDA. The Borrower will have Consolidated EBITDA for the periods commencing May 1, 2001 and ending each of the dates specified below in an amount not less than that specified below for such period: For the period commencing 5/1/01 and ending: Consolidated EBITDA shall not be less than: May 31, 2001 $ 550,000 June 30, 2001 $ 1,100,000 " (e) Section 6.16 of the Credit Agreement shall be amended in its entirety and as so amended shall read as follows:
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Cumulative Consolidated EBITDA. Permit Consolidated EBITDA of the Parent on a cumulative basis for any period set forth in the table below to be less than the applicable corresponding amount set forth below: Cumulative Consolidated Period EBITDA ------ ------ Three complete calendar months ending September 30, 2004 $ 11,600,000 Six complete calendar months ending December 31, 2004 $ 25,900,000 Nine complete calendar months ending March 31, 2005 $ 32, 300,000 Twelve complete calendar months ending June 30, 2005 $ 43,000,000 Twelve complete calendar months ending September 30, 2005 $ 48,400,000
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Cumulative Consolidated EBITDA. Permit Consolidated EBITDA of the Parent on a cumulative basis for any period set forth in the table below to be less than the applicable amount corresponding to such fiscal month set forth below: 103 Cumulative Consolidated Period EBITDA ------ ------ March 1, 2004 - March 31, 2004 $5,103,000 March 1, 2004 - April 30, 2004 $3,968,000 March 1, 2004 - May 31, 2004 $5,324,000 March 1, 2004 - June 30, 2004 $14,674,000 March 1, 2004 - July 31, 2004 $13,719,000 March 1, 2004 - August 31, 2004 $16,154,000 March 1, 2004 - September 30, 2004 $27,491,000 March 1, 2004 - October 31, 2004 $27,429,000 March 1, 2004 - November 30, 2004 $30,348,000 March 1, 2004 - December 31, 2004 $44,230,000 March 1, 2004 - January 31, 2005 $43,569,000 March 1, 2004 - February 28, 2005 $45,738,000
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Cumulative Consolidated EBITDA. The Company shall ensure that Cumulative Consolidated EBITDA, tested at each quarter end, is greater than or equal to: ($Cdn.000's) ------------------------------------------------------------------------- Quarter Ending on the last day of 2001 2002 2003 ------------------------------------------------------------------------- March n/a 10,288 71,632 June n/a 24,725 98,473 September n/a 38,192 122,437 December 3,418 53,312 143,020
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Related to Cumulative Consolidated EBITDA

  • Minimum Consolidated EBITDA The Borrower will not permit Modified Consolidated EBITDA, for any Test Period ending at the end of any fiscal quarter of the Borrower set forth below, to be less than the amount set forth opposite such fiscal quarter: Fiscal Quarter Amount September 30, 1997 $36,000,000 December 31, 1997 $36,000,000 March 31, 1998 $36,000,000 June 30, 1998 $37,000,000 September 30, 1998 $37,000,000 December 31, 1998 $38,000,000 March 31, 1999 $38,000,000 June 30, 1999 $39,000,000 September 30, 1999 $40,000,000 December 31, 1999 $41,000,000 March 31, 2000 $41,000,000 June 30, 2000 $42,000,000 September 30, 2000 $43,000,000 December 31, 2000 $44,000,000 March 31, 2001 $44,000,000 June 30, 2001 $45,000,000 September 30, 2001 $46,000,000 December 31, 2001 $47,000,000 March 31, 2002 $47,000,000

  • Consolidated EBITDA With respect to any period, an amount equal to the EBITDA of REIT and its Subsidiaries for such period determined on a Consolidated basis.

  • Minimum Consolidated Fixed Charge Coverage Ratio The Consolidated Fixed Charge Coverage Ratio shall not be less than 1.50 to 1.00, determined based on information for the most recent fiscal quarter annualized.

  • Adjusted EBITDA The 2019 adjusted EBITDA for the Affiliated Club Sellers shall total an aggregate of not less than $10,700,000.

  • Maximum Consolidated Leverage Ratio The Consolidated Leverage Ratio at any time may not exceed 0.75 to 1.00; and

  • Interest Expense Coverage Ratio The Borrower will not permit the ratio of (i) Consolidated EBITDA to (ii) Consolidated Cash Interest Expense for any period of four consecutive fiscal quarters to be less than 3.75 to 1.00.

  • Consolidated Fixed Charge Coverage Ratio Permit the Consolidated Fixed Charge Coverage Ratio as of the end of any Measurement Period ending as of the end of any fiscal quarter of the Borrower to be less than 1.25 to 1.00.

  • Cash Flow Leverage Ratio The Borrower will not permit the Cash Flow Leverage Ratio on the last day of any fiscal quarter to exceed 3.50 to 1.00.

  • EBITDA The term “EBITDA” shall mean, with respect to any fiscal period, “Consolidated EBITDA” as defined in the Credit Agreement, provided that the following should also be excluded from the calculation of EBITDA to the extent not already excluded from the calculation of Consolidated EBITDA under the Credit Agreement: (i) Non-Cash Charges (as defined in the Credit Agreement) related to any issuances of equity securities; (ii) fees and expenses relating to the Acquisition; (iii) financing fees (both cash and non-cash) relating to the Acquisition; (iv) covenant-not-to-compete payments to certain members of the Company’s senior management and related expenses; (v) expenses (or any portion thereof) incurred outside of the ordinary course of business that are approved by the Board which the Board determines in its good faith discretion are in the best interest of the Company but which will have a disproportionately adverse impact on the Company’s short term financial performance, affecting the Company’s ability to achieve financial targets related to the vesting of the Class C Units under the Incentive Unit Subscription Agreements or the Company’s annual bonus plan; (vi) costs and expenses incurred in connection with evaluating and consummating acquisitions not contemplated by the Company’s annual plan, as such plan is approved by the Board in good faith; (vii) related party expenditures that are subject to the prior written consent of the Majority Executives pursuant to Section 2.3(a) of the Securityholders Agreement but have failed to receive such consent; (viii) advisors’ fees and expenses incurred outside the ordinary course of business related solely to Vestar’s activities that are unrelated to the Company; (ix) costs associated with any put option or call option contemplated by any Rollover Subscription Agreement or Incentive Unit Subscription Agreement; (x) costs associated with any proposed initial Public Offering or Sale of the Company (as such terms are defined in the Securityholders Agreement); (xi) expenses related to any litigation arising from the Acquisition; (x) management fees and costs related to the activities giving rise to such fees that are paid to, paid for or reimbursed to Vestar and its Affiliates; and (xii) material expenditures or incremental expenditures inconsistent with prior practice (to the extent that prior practice is relevant) required by Board (where Management Managers (as defined in the Securityholders Agreement) unanimously dissent) unless such expenditures are reasonably likely to result in any benefit (whether economic or non-economic) to the Company as determined by the Board in its good faith discretion.

  • Consolidated Leverage Ratio Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 2.50 to 1.0.

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