Financial Covenants Required Actual Complies. Maintain as indicated:
Financial Covenants Required Actual Complies. Maintain on a Monthly Basis: Minimum Liquidity Ratio (when required) 2.00:1.00 :1.00 Yes No Maximum Capital Expenditures * $ Yes No Minimum Fixed Charge Coverage Ratio (when required) 1.50:1.00 :1.00 Yes No Minimum EBITDA (no worse than) (when required) ($ 4,000,000 ) $ Yes No * See Loan Agreement Streamline Requirement Met? See Loan Agreement Yes No Yes, interest rate on Advances equal to the Prime Rate No, interest rate on Advances equal to the Prime Rate plus one and one-quarter percent (1.25%) Borrower is party to, or bound by, the following material Restricted Licenses that were not previously noted in the Perfection Certificate or a prior Compliance Certificate: . Borrower intends to register the following copyrights or mask works with the United States Copyright Office that were not previously noted in a prior Compliance Certificate: . Borrower has (i) obtained the following Patents, registered Trademarks, registered Copyrights, registered mask work, or any pending application for any of the foregoing, whether as owner, licensee or otherwise, and (ii) applied for the following Patents and the registration of the following Trademarks; in each case, that were not previously noted in the Perfection Certificate or a prior Compliance Certificate (to be reported on as part of the Compliance Certificate due following the last month of each fiscal quarter): . The following financial covenant analyses and information set forth in Schedule 1 attached hereto are true and accurate as of the date of this Certificate. The following are the exceptions with respect to the certification above: (If no exceptions exist, state “No exceptions to note.”) ATRICURE, INC. ATRICURE, LLC BANK USE ONLY Received by: AUTHORIZED SIGNER By: Date: Name: Title: Verified: AUTHORIZED SIGNER Date: Compliance Status: Yes No
Financial Covenants Required Actual Complies. TO BE TESTED MONTHLY, UNLESS OTHERWISE NOTED:
Financial Covenants Required Actual Complies. Minimum EBITDA (tested quarterly) * $ YES NO Minimum Liquidity Ratio (tested monthly) 1.10:1.00 _______:________ YES NO
Financial Covenants Required Actual Complies. Minimum Liquidity; or $10,000,000 $ Yes No Minimum Adjusted EBITDA $1,000,000 $ Yes No *For any month in which Obligations were outstanding under the Revolving Line **Tested when there are Obligations outstanding and prior to each Advance Adjusted Quick Ratio > 1.25:1.00 Yes No The following financial covenant analyses and information set forth in Schedule 1 attached hereto are true and accurate as of the date of this Certificate. The following are the exceptions with respect to the certification above: (If no exceptions exist, state “No exceptions to note.”) --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Cardiovascular Systems, Inc. BANK USE ONLY Received by: By: Name: Date: Title: Verified: Date: Compliance Status: Yes No
Financial Covenants Required Actual Complies. TO BE TESTED QUARTERLY
Financial Covenants Required Actual Complies. Maintain on a monthly basis Adjusted Quick Ratio 1.15:1.00 :1.00 Yes No The following financial covenant analysis and information set forth in Schedule 1 attached hereto are true and accurate as of the date of this Certificate.
Financial Covenants Required Actual Complies. Performance Pricing/ Streamline Period
Financial Covenants Required Actual Complies. Maintain as indicated: Adjusted Quick Ratio (tested quarterly) See attached schedule See attached schedule Yes No Adjusted EBITDA (tested quarterly) See attached schedule See attached schedule Yes No
Financial Covenants Required Actual Complies. Streamline
