Common use of LTM EBITDA Clause in Contracts

LTM EBITDA. Unless the Loan Parties shall have prepaid the Term Loan in the principal amounts required pursuant to Section 2.03(b)(w) (together with all other Obligations required to be paid in connection with any such prepayment) on or prior to April 15, 2023, each Loan Party shall not permit the Consolidated EBITDA of Holdings and its Subsidiaries for any period of four consecutive fiscal quarters of Holdings and its Subsidiaries for which the last fiscal month ends on a date set forth below to be less than the amount set forth opposite such date: Fiscal Month End Consolidated EBITDA March 31, 2023 $9,953,000 April 30, 2023 $9,627,000 May 31, 2023 $10,238,000 June 30, 2023 $10,607,000 July 31, 2023 $12,023,000 August 31, 2023 $14,055,000 September 30, 2023 $15,415,000 October 31, 2023 $18,117,000 November 30, 2023 $20,224,000 December 31, 2023 and each fiscal month ending thereafter $13,707,000

Appears in 3 contracts

Samples: Financing Agreement (AgileThought, Inc.), Financing Agreement (AgileThought, Inc.), Financing Agreement (AgileThought, Inc.)

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LTM EBITDA. Unless the Loan Parties shall have prepaid the Term Loan LoanLoans in the principal amounts required pursuant to Section 2.03(b)(w) (together with all other Obligations required to be paid in connection with any such prepayment) on or prior to April 15, 2023, each Loan Party shall not permit the Consolidated EBITDA of Holdings and its Subsidiaries for any period of four consecutive fiscal quarters of Holdings and its Subsidiaries for which the last fiscal month ends on a date set forth below to be less than the amount set forth opposite such date: Fiscal Month End Consolidated EBITDA March 31, 2023 $9,953,000 April 30, 2023 $9,627,000 May 31, 2023 $10,238,000 June 30, 2023 $10,607,000 July 31, 2023 $12,023,000 August 31, 2023 $14,055,000 September 30, 2023 $15,415,000 October 31, 2023 $18,117,000 November 30, 2023 $20,224,000 December 31, 2023 and each fiscal month ending thereafter $13,707,000

Appears in 1 contract

Samples: Financing Agreement (AgileThought, Inc.)

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LTM EBITDA. Unless the Loan Parties shall have prepaid the Term Loan Loans in the principal amounts required pursuant to Section 2.03(b)(w) (together with all other Obligations required to be paid in connection with any such prepayment) on or prior to April 15, 2023, each Loan Party shall not permit the Consolidated EBITDA of Holdings and its Subsidiaries for any period of four consecutive fiscal quarters of Holdings and its Subsidiaries for which the last fiscal month ends on a date set forth below to be less than the amount set forth opposite such date: Fiscal Month End Consolidated EBITDA March 31, 2023 $9,953,000 April 30, 2023 $9,627,000 May 31, 2023 $10,238,000 June 30, 2023 $10,607,000 July 31, 2023 $12,023,000 August 31, 2023 $14,055,000 September 30, 2023 $15,415,000 October 31, 2023 $18,117,000 November 30, 2023 $20,224,000 December 31, 2023 and each fiscal month ending thereafter $13,707,000

Appears in 1 contract

Samples: Financing Agreement (AgileThought, Inc.)

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