Cumulative FIFO EBITDA Sample Clauses

Cumulative FIFO EBITDA. Section 8.12 of the Credit Agreement is hereby amended to read in its entirety as follows: "Permit Cumulative FIFO EBITDA for any fiscal quarter (calculated on a rolling twelve (12) month basis) of the Borrower ending on the dates set forth below to be less than the amount specified opposite each such fiscal quarter. Fiscal Quarter Amount -------------- ------ July 29, 2000 (5,500,000) October 28, 2000 (1,300,000) February 3, 2001 2,100,000 May 5, 2001 2,875,000 August 4, 2001 2,875,000 November 3, 2001 2,875,000 February 2, 2002 3,375,000 May 4, 2002 3,875,000 August 3, 2002 3,875,000 November 2, 2002 3,875,000 February 1, 2003 4,375,000 May 3, 2003 4,875,000 August 2, 2003 4,875,000"
Sample 1
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Cumulative FIFO EBITDA. (i) Permit Cumulative FIFO EBITDA for any fiscal quarter (calculated on a rolling twelve (12) month basis) of the Borrower ending on the dates set forth below to be less than the amount specified opposite each such fiscal quarter.
Sample 1
Cumulative FIFO EBITDA. (i) Permit Cumulative FIFO EBITDA for any fiscal quarter (calculated on a rolling twelve (12) month basis) of the Borrower ending on the dates set forth below to be less than the amount specified opposite each such fiscal quarter. Fiscal Quarter Amount -------------- ------ February 3, 2001 $(16,000,000) May 5, 2001 (17,500,000) August 4, 2001 (14,000,000) November 3, 2001 ( 9,000,000) February 2, 2002 ( 2,000,000) May 4, 2002 2,000,000 August 3, 2002 2,250,000 November 2, 2002 2,500,000
Sample 1
Cumulative FIFO EBITDA. Permit Cumulative FIFO EBITDA for any fiscal month of the Borrower set forth below to be less than the amount specified opposite each such fiscal month. Month Amount September, 1997 ($10,235,000) October, 1997 ($10,115,000) November, 1997 ($10,729,000) December, 1997 ($6,935,000) January, 1998 ($8,651,000) February, 1998 ($8,676,000) March, 1998 ($8,235,000) April, 1998 ($7,483,000) May, 1998 ($7,383,000) June, 1998 ($6,900,000) July, 1998 ($4,100,000) August, 1998 ($500,000) September, 1998 ($500,000) October, 1998 ($500,000) November, 1998 ($500,000) December, 1998 ($500,000) January, 1999 ($500,000) February, 1999 ($500,000) March, 1999 ($250,000) April, 1999 ($250,000) May, 1999 ($250,000) June, 1999 ($250,000) July, 1999 ($250,000) August, 1999 $0 September, 1999 $1,000,000 October, 1999 $1,250,000 November, 1999 $1,500,000 December, 1999 $1,750,000 January, 2000 $2,000,000 February, 2000 $2,250,000 March, 2000 $2,500,000 April, 2000 $3,000,000 May, 2000 $3,500,000 June, 2000 $4,000,000 July, 2000 $4,500,000 August, 2000 $5,000,000
Sample 1
Cumulative FIFO EBITDA. (i) Permit Cumulative FIFO EBITDA for any fiscal quarter (calculated on a rolling twelve (12) month basis) of the Borrower ending on the dates set forth below to be less than the amount specified opposite each such fiscal quarter. Fiscal Quarter Amount -------------- ------ October 28, 2000 $(10,900,000) February 3, 2001 (4,000,000) May 5, 2001 2,875,000 August 4, 2001 2,875,000 November 3, 2001 2,875,000 February 2, 2002 3,375,000 May 4, 2002 3,875,000 August 3, 2002 3,875,000 November 2, 2002 3,875,000 February 1, 2003 4,375,000 May 3, 2003 4,875,000 August 2, 2003 4,875,000
Sample 1

Related to Cumulative FIFO EBITDA

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

  • EBITDA With respect to REIT and its Subsidiaries for any period (without duplication): (a) Net Income (or Loss) on a Consolidated basis, in accordance with GAAP, exclusive of the following (but only to the extent included in determination of such Net Income (Loss)): (i) depreciation and amortization expense; (ii) Interest Expense; (iii) income tax expense; (iv) Acquisition Closing Costs and extraordinary or non-recurring gains and losses (including, without limitation, gains and losses on the sale of assets) and income and expense allocated to minority owners; and (v) other non-cash items to the extent not actually paid as a cash expense; plus (b) such Person’s pro rata share of EBITDA of its Unconsolidated Affiliates as provided below. With respect to Unconsolidated Affiliates and Subsidiaries of Borrower that are not Wholly Owned Subsidiaries, EBITDA attributable to such entities shall be excluded but EBITDA shall include a Person’s Equity Percentage of Net Income (or Loss) from such Unconsolidated Affiliates or such Subsidiary of Borrower that is not a Wholly Owned Subsidiary plus its Equity Percentage of (i) depreciation and amortization expense; (ii) Interest Expense; (iii) income tax expense; (iv) Acquisition Closing Costs and extraordinary or non-recurring gains and losses (including, without limitation, gains and losses on the sale of assets) and income and expense allocated to minority owners; and (v) other non-cash items to the extent not actually paid as a cash expense.

  • 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

  • Minimum Consolidated Adjusted EBITDA The Borrowers will maintain, as of the last day of each Fiscal Quarter commencing with the Fiscal Quarter ending December 31, 2009, Consolidated Adjusted EBITDA for the four Fiscal Quarters then ended of not less than $22,500,000.

  • Funded Debt to EBITDA Section 10.2 of the Loan Agreement is hereby amended and restated in its entirety to read as follows:

  • Ratio of Total Debt to EBITDAX The Borrower will not, at any time, permit its ratio of Total Debt as of such time to EBITDAX for the four fiscal quarters ending on the last day of the fiscal quarter immediately preceding the date of determination for which financial statements are available to be greater than 3.5 to 1.0.

  • Minimum Adjusted EBITDA As of any date of determination from and after April 1, 2008, if Borrowers do not have Net Debt in an amount less than $4,000,000 at all times during the most recently completed fiscal quarter, then Borrowers shall not fail to achieve Adjusted EBITDA, measured on a quarter-end basis, of at least the required amount set forth in the following table for the applicable period set forth opposite thereto (and the failure to do so shall be deemed an Event of Default): Applicable Amount Applicable Period $(1,234,000) For the 3 month period ending March 31, 2008 $(1,246,000) For the 6 month period ending June 30, 2008 $(200,000) For the 9 month period ending September 30, 2008 $(839,000) For the 12 month period ending December 31, 2008 $(750,000) For the 12 month period ending March 31, 2009 17 Applicable Amount Applicable Period $(500,000) For the 12 month period ending June 30, 2009 $(150,000) For the 12 month period ending September 30, 2009 $150,000 For the 12 month period ending December 31, 2009 $350,000 For the 12 month period ending March 31, 2010 $550,000 For the 12 month period ending June 30, 2010 $750,000 For the 12 month period ending September 30, 2010 $950,000 For the 12 month period ending December 31, 2010 and for each 12 month period ending as of the last day of each fiscal quarter thereafter

  • 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 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.

  • 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.

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